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BTC price hits $27.4K as Bitcoin open interest matches Grayscale peak

Bitcoin (BTC) hit new month-to-date highs on Sep. 18 as a strong weekly close cemented a bullish start to Wall Street trading. BTC/USD 1-day chart. Source: TradingViewTrader cautions on surging Bitcoin open interestData from Cointelegraph Markets Pro and TradingView tracked over 3% BTC price gains on the day, with Bitcoin breaking

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Bitcoin faces tough daily resistance as BTC price matches UK pound volatility

Bitcoin (BTC) showed no signs of a breakout on Oct. 20 as tantalizing sideways action dragged on.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst: Bitcoin range "congested and critical"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD firmly rangebound at around $19,000 overnight, moving only around $400 up or down.United States

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What bear market? Current BTC price dip still matches previous Bitcoin cycles, says analyst

Bitcoin (BTC) has "at least one more upward impulse to come" before reaching this halving cycle's all-time high, new research maintains.In a series of tweets about the current state of BTC price action, popular analyst TechDev argued that contrary to many opinions, there is nothing unusual about BTC/USD in 2022.Bitcoin

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Bitcoin open interest matches record high amid predictions of BTC price ‘fireworks’ this month

Bitcoin (BTC) is in line for "explosive" price action as derivatives markets return to form in 2022, a new forecast states.In a tweet on Jan. 4, Vetle Lunde, an analyst at Arcane Research, confirmed that BTC denominated open interest (OI) had returned to all-time highs seen in November.Open interest demands

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Bitcoin price dip matches October 2017 with BTC ‘explosion’ still forecast before 2022

Bitcoin (BTC) has dipped below $60,000 — but BTC price action is still mimicking the eye-popping 2017 bull run.The latest data covering Bitcoin’s current halving cycle versus its previous one shows just how similar 2017 and 2021 really are.Bitcoin prints more eerie 2017similaritiesBitcoin has had its ups and downs this

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