Key Reasons Why Bitcoin Could Nosedive Below $10,000 In Near-Term
Bitcoin price failed to correct higher and declined further below $10,200 against the US Dollar. BTC remains at
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Nearterm
Analyst Expects Bitcoin Above $9.5K in Near-Term as Risk-On Sentiment Improves
Bitcoin analyst Edward Morra sees price heading towards $9,575 in the coming sessions.The prediction surfaces after the cryptocurrency failed to close above its short-term resistance level near $9,285.It also appears as global risk-on sentiment improves on positive job reports and vaccine hopes.Bitcoin could close above $9,500 in the coming session
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There’s a $8 Million Bitcoin Sell Wall That Will Haunt Any Near-Term Uptrend
The price action over the past few days has undoubtedly been positive for Bitcoin. Case in point: the cryptocurrency ripped over 20% higher from the mid-$7,000s to a price as high as $9,500 over the course of 48 hours.Prices have since consolidated at $8,800, with BTC finding itself stuck between
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How the Bitcoin Halving Could Affect BTC Price in the Near-Term
Bitcoin (BTC) is trading below the $8,000 level just two months before its anticipated halving in May. However, over the past few weeks, markets have been crashing because of the coronavirus outbreak and investors have been cashing out on their digital assets, including Bitcoin. Will this impact the effect of
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