Selling Pressure Mounts as Bitcoin Nears Key Resistance; Trends to Consider
Bitcoin and the aggregated cryptocurrency market are flashing some mixed signs as BTC hovers beneath the $11,000 region. Currently,
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Nears
It’s Make or Break for Ethereum Bulls as ETH Nears Critical Resistance
Ethereum is flashing some signs of strength today as it inches higher while caught within a short-term consolidation
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Bitcoin Nears $12K as Dollar Declines to 29-Month Low
Sell-off in the U.S. dollar and ether's price rally power gains in bitcoin. Source
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Bitcoin Options Open Interest Nears All Time High – But Rise in Puts Could Presage Drop
While soaring open interest can be a sign of a continuing trend, the offloading of calls suggests bitcoin could correct further. Source
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Here’s What Analysts are Saying About Bitcoin as Critical Weekly Close Nears
The crypto market’s ongoing uptrend first started a few weeks ago when altcoins began posting major gains. Their
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Ether Price Nears $300 as Bitcoin, DeFi Tokens Fuel New Bull Run
Ether (ETH) price has shown an incredibly strong performance this week, rising more than 22% since the start of the week and currently less than one dollar away from setting a new high for 2020. Crypto market weekly price chart. Source: Coin360As reported by Cryptox, the upcoming Ethereum 2.0 upgrade and
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Bitcoin’s “Intrinsic Value” Nears $13k — Here’s Why That’s Big for Bulls
Bitcoin has performed extremely well since March’s lows, rallying over 150% from the $3,700 capitulation bottom. Even after a strong $1,200 retracement from the $10,500 highs, BTC is still one of the best-performing assets of 2020.Yet a crucial indicator suggests that Bitcoin is still intrinsically undervalued, boding well for the
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Bitcoin Flirts with Posting a Bull Cross as Crucial Resistance Nears
Bitcoin’s recent price action has done little to offer investors with insight into the cryptocurrency’s current trend, as it has been stuck between $9,000 and $10,000 for an extended period.There are a few crucial price regions within this trading range that could hold massive sway over the cryptocurrency’s near-term trend,
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Ethereum Is “Coiling” for a Breakout as ETH 2.0 Nears: Here’s What Analysts Are Saying
Ethereum rallied so far and fast in 2017 that there was a point at which analysts were expecting the market capitalization of ETH to flip that of Bitcoin. Fittingly, this event was dubbed the “flippening.”But since the 2018 all-time high, the cryptocurrency has deflated massively. One Ethereum used to buy
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Ethereum DeFi Nears $1 Billion Milestone Again, and That’s Big for the ETH Bull Case
Ethereum’s budding decentralized finance (DeFi) ecosystem took a heavy beating after the March capitulation crash.As I detailed in an analysis for LongHash, what happened was that MakerDAO became unstable due to what some say is an erosion in trust in the protocol. Ethereum investor Parafi Capital wrote in a blog
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