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Why Bitcoin Holding This Crucial Level Will Set Stage for “Parabolic Advance”

The past few days haven’t been too kind to Bitcoin, to say the least; the leading cryptocurrency has retraced (some have called it more of a crash) from $10,000 to as low as $8,520 in a dramatic fashion, liquidating millions of dollars worth of BitMEX positions. Despite this, analysts remain optimistic.

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Bitcoin Dips on Profit-taking but Fundamentals Show Its Parabolic Rally is Not Finished

Bitcoin slipped huge a day after enjoying a strong price rally above its key resistance level of $10,000.The benchmark cryptocurrency was trading at $9,736 early Monday, down 4.35 percent from its Sunday top, according to US exchange Coinbase. Nevertheless, it was still up by more than 36 percent at its

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Bitcoin’s Uptrend May Result in an Explosive Parabolic Rally Because of This Simple Factor

Last updated:February 19, 2020Bitcoin’s firm 2020 uptrend is likely far from over. After incurring some intense selling pressure earlier this week, bulls fought back and propelled the cryptocurrency all the up to highs of $9,900, which is just above where it is currently trading at. This momentum has made it look

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Bitcoin Retains $7K as ‘Extreme Fear’ Clashes With Parabolic Forecast

Bitcoin (BTC) held on to $7,000 support on Dec. 20 as a major sentiment indicator revealed investors were still highly panicked by current price action.Cryptocurrency market daily overview. Source: Coin360Bitcoin surpasses 2018’s “extreme fear”Data from Coin360 and CryptoX Markets showed BTC/USD repeatedly test the $7,000 barrier on Friday, each

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