Tuesday, November 19, 2024
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Bitcoin Price Has 8 Hours to Close Above Crucial $5,500 Level: Why It’s Important

Bitcoin has had a tough week, to say the least; after peaking at $9,200 on Saturday, the cryptocurrency started a precipitous decline, falling through support level after support level as if they were irrelevant.Indeed, at the crash’s worst on Friday morning, the cryptocurrency had reached a price as low as

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Bitcoin’s Market Structure is Growing Highly Bullish After Breaking Through This Level

Bitcoin saw a notable breakout today after being caught within a prolonged bout of sideways trading over the past several days and weeks, with today’s upwards movement bolstering the cryptocurrency’s market structure. One prominent trader is now that he believes that the cryptocurrency is bound to see further upside due to

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Why Bitcoin Holding This Crucial Level Will Set Stage for “Parabolic Advance”

The past few days haven’t been too kind to Bitcoin, to say the least; the leading cryptocurrency has retraced (some have called it more of a crash) from $10,000 to as low as $8,520 in a dramatic fashion, liquidating millions of dollars worth of BitMEX positions. Despite this, analysts remain optimistic.

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How Bitcoin Responds to Key Level Will Set Tone for “Pre-Halving” Period

Bitcoin’s recent turbulence has come fresh on the heels of the cryptocurrency’s intense bull rally seen throughout the past couple of months, with buyers propelling the crypto from lows of $6,800 to highs of $10,500. Unfortunately for bulls, the resistance BTC has found within the $10,000 region has been insurmountable, leading

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