Tuesday, November 19, 2024
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Bitcoin Can Stay Bullish After 15% Retracement as Long as This Crucial Level Holds

Just 24 hours ago, analysts expected for Bitcoin to gun for fresh highs past $10,100. The cryptocurrency was holding $9,800-10,000, seemingly poised to press even higher than it already had.Bears, however, had the upper hand, sending Bitcoin crashing by $2,000 within a day’s time. It was a move that liquidated

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Ethereum Could Narrowly Avoid a Major Downtrend if it Closes Above One Key Level

Ethereum has been able to capture some notable upwards momentum today, surging towards its key near-term resistance at $210 as the aggregated crypto market pushes higher.This has allowed the crypto to narrowly avoid seeing massive losses stemming from a previously bearish market structure that it had formed.ETH isn’t completely out

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Bitcoin at a Critical Juncture: Here’s Why $9K Is the Most Important Level For Bulls

Bitcoin is attempting to start a fresh increase above $9,000 against the US Dollar. BTC price could either rally above $9,000 or start another decline towards $8,400.Bitcoin is facing a major resistance near the $9,000 and $9,020 levels.The price is trading above the 100 hourly simple moving average, but struggling

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Fund Manager That Called BItcoin’s 2019 Bottom Thinks BTC Will Top at This Level

The head of Hedge Fund Telemetry, Thomas Thorntown, has been extremely accurate at predicting Bitcoin’s tops and bottoms. By employing the Tom Demark (TD) Sequential indicator, the trading veteran has been able to forecast the direction of BTC’s trend.In mid-December 2019, for instance, while the flagship cryptocurrency fell below $6,500,

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