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Bitcoin Price Technical Analysis (Oct. 29): Trending Sideways After the Big Rally

AnalysisWhen looking at the chart below we see that Bitcoin(BTC)trade is currently trading at $9,357. It can also be observed that the largest cryptocurrency has recently broken the resistance of $8,650 with good volume, turning the sentiments positive.But after the uptrend, Bitcoin’s price seems to be entering the channel with

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Bitcoin Price Technical Analysis (Oct. 16): Trending Sideways with Negative Sentiment

AnalysisWhen looking at the chart below we see that Bitcoin(BTC)trade is currently trading at $8,014. It is also seen that the price is still trading between the channels, with the upper limit at $8,436 acting as resistance and the lower limit is at $7,927 acting as support.Currently the cryptocurrency’s price

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After Dip of $500, Bitcoin Price Back to Trading Sideways at $10,200

Thursday, Sept. 19 — Bitcoin (BTC) price is back up and seems to be stabilizing just above the $10,200 price mark after experiencing a sudden drop of $500 in minutes earlier today.Market visualization. Source: Coin360Bitcoin is trading sideways againBitcoin’s sideways trading behavior has become standard operating procedure in recent months,

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