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Flattening Moving Average Puts Bitcoin Price Target at $9K in Q2

The short-term moving average on Bitcoin’s daily chart is flattening out.The phenomenon comes after the cryptocurrency hits the highest level since mid-March sell-off.Coupled with favorable fundamentals, such as halving, the MA indicates an extended bull run towards or beyond $9,000.A lagging technical indicator that determines bitcoin’s near-term market bias has

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Overnight Sell-Off Puts Bitcoin at Dangerous Risk of Correction to $8,400

Bitcoin has surged by more than 40 percent this year, but its inability to sustain above a technical resistance area is increasing the risk of a massive correction ahead.The cryptocurrency on Wednesday plunged back below a so-called $10,000 milestone for the third time in eleven days. The move downhill started

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