Wednesday, May 14, 2025
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Bitcoin price is down, but data signals that $30K and above is the path of least resistance

On July 24, Bitcoin (BTC) experienced a flash crash, plummeting to $29,000 in a movement now attributed to significant BTC holders potentially liquidating their positions. Amidst the crash and market uncertainty, Bitcoin's three major trading metrics continue to project a bullish outlook, signifying that professional traders have not reduced their leverage

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XRP Moving Above ‘Cloud’ Resistance Sets Bullish Precedent for Bitcoin (BTC): Analyst

The Ichimoku Cloud, a technical analysis indicator created by Japanese journalist Goichi Hosoda in the late 1960s, is widely used by traders and analysts to identify support and resistance levels and gauge trend changes. The indicator comprises five lines based on the price's moving averages: Leading Span A, Leading Span

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Bitcoin Price (BTC) Jumps to Key Price Resistance as Hong Kong Opens Crypto Trading For Retail Investors

"This looks like a non-macro-related spot-based move, and the timing coincides with the news that Hong Kong will allow retail trading of BTC and ETH on licensed digital asset platforms as of June 1," Noelle Acheson, author of the Crypto Is Macro Now newsletter, said in Tuesday's edition. "This is

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BTC price targets see $33K next as Bitcoin eyes key resistance flip

Bitcoin (BTC) preserved new ten-month highs at the April 14 Wall Street open as analysts kept hoping for further gains.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$31,000 revealed as make-or-break trend lineData from Cointelegraph Markets Pro and TradingView showed BTC/USD consolidating around $30,700 after spiking past the $31,000 mark.The pair saw

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