Saturday, November 28, 2020
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Bitcoin Analyst: BTC’s Parabolic Rally Hints of a Pullback to $13.8k

Quick take:Bitcoin zoomed past the $17,115 resistance level like it did not existBTC is still showing signs of bullish momentumIts parabolic nature since September points to a pullback to $13,800However, a pullback is not guaranteed and Bitcoin could continue risingBitcoin Analyst, MagicPoopCannon, has shared his most recent analysis of BTC

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Parabolic rally ‘a real possibility’ after Ethereum price surges to $547

The price of Ether (ETH), the native cryptocurrency of Ethereum, has surpassed $547. Following the breakout, traders are pinpointing several key resistance levels in the near term.In the short term, traders generally foresee $600 as the major resistance area for Ether as it marked the beginning of a bearish trend

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