Ethereum Mimics Bitcoin As The Bulls And Bears Tussle; Who Will Come Top?
ETH’s price struggles to break above key resistance as the price continues to trade in a range mimicking the price of Bitcoin. ETH
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Mimics
Bitcoin ‘cheap’ at $20K as BTC price to wallet ratio mimics 2013
Bitcoin (BTC) has not been this good value since it cost $1,130, one analyst argues as BTC offers a “compelling” risk/reward ratio.In a Twitter thread on July 7, Jurrien Timmer, director of global macro at asset manager Fidelity Investments, simply described $20,000 Bitcoin as “cheap.”Timmer: "In other words, Bitcoin is
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US dollar strength mimics 2020 Coronavirus crash — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week with all quiet on traditional markets but a storm brewing in crypto.As the Easter long weekend continues for the United States and much of Europe, traders are keenly eyeing whether Bitcoin can stay stable for four days without professional investor involvement.So far, the picture
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Bitcoin Mimics Textbook Market Sentiment Cycle, What Happens When Confidence Returns?
Markets are cyclical and go through alternating periods of positive and negative sentiment, with price action following the tone across the market. Although these changes appear to be difficult to predict, Bitcoin price is currently following a textbook market sentiment cycle chart from the book The Nature of Risk. If what
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Bitcoin open interest mimics Q4 2020 as new report ‘cautiously optimistic’ on BTC rally
Bitcoin (BTC) futures open interest is mimicking the start of the BTC price bull run, data shows.As BTC/USD hovered near $40,000 on Thursday, a fresh bullish report from Stack Funds called for “cautious optimism” about further price rises.Bitcoin has sought to flip $40,000 to support this week, returning to the
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Bitcoin undervalued sub-$20K, says new report as BTC mimics 2017 bull run
Bitcoin (BTC) investors have “not long” to accumulate before a continuation of the bull run past $20,000, a new report says.Released on Dec. 10, the Weekly Report from Asian crypto fund provider Stack Funds predicts that one indicator in particular will follow historical precedent and propel Bitcoin higher.Report: You can
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Beware: Bitcoin Price Action Mimics Market Maker Model
Bitcoin price just plunged once again from over $11,000 and is currently holding around $10,500. The support level
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Which Way Bitcoin Price? Current ‘Stablecoin’ Period Mimics Early 2017
“What’s the price of those Bitcoin’s you keep talking about?” a friend asks me. I look at my phone and it’s still averaging around $9,200. “About the same as last month mate,” I replied. Bitcoin (BTC) price has hardly moved an inch in the last six weeks, barely moving 2% in
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Bitcoin Difficulty Sees Two-Year Record Surge as Hash Rate Mimics 2017
The Bitcoin (BTC) mining difficulty has seen its biggest upward move for over two years after warnings over BTC price selling pressure.According to data from on-chain monitoring resource BTC.com on June 17, the latest difficulty adjustment saw difficulty increase by 14.95% — the most since January 2018.Bitcoin difficulty shoots up
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Bitcoin Google Interest Mimics $10K Price Run as ‘Halving Hype’ Fades
Bitcoin (BTC) interest is hitting levels that last appeared during its March crash recovery as hype over the halving finally fades.According to the latest data from Google Trends, as of May 30, search interest was back to the same position as in mid-April. At the time, BTC/USD jumped from $6,800
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