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Bitcoin failed to surpass the $7,000 resistance and declined below $6,500 against the US Dollar. BTC is likely to bounce back as long as it is above $6,000 and the 100 SMA (H4).Bitcoin price is currently correcting gains from the $7,000 resistance area.The $6,000 region and the 100 simple moving
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Bitcoin is gaining momentum and it is trading above the $6,500 support against the US Dollar. BTC price is likely to continue higher towards $7,000 and $7,200 in the coming sessions.Bitcoin is showing a few positive signs above the $7,500 and $7,400 support levels against the US Dollar.The price could
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Ripple gained traction above $0.1550 and tested the $0.1640 resistance region against the US Dollar. XRP price is currently correcting lower, but dips remain attractive in the short term.Ripple price is currently correcting gains from the $0.1645 swing high against the US dollar.The bulls are in control and they are
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Bitcoin is down more than 50% and broke many key supports such as $5,000 against the US Dollar. BTC price seems to be forming a short term bottom near $4,000 and it could recover.Bitcoin tumbled below many important supports and tested $4,000 against the US Dollar.The price is currently recovering
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Bitcoin is facing a crucial resistance near $8,200 against the US Dollar (as discussed yesterday). BTC price could trade in a range for a few sessions before the next move.Bitcoin is trading in a bearish zone below the $8,200 resistance area against the US Dollar.The bulls are putting up a
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Ripple is facing a significant resistance near the $0.2900 area against the US Dollar. XRP price could decline a few points towards $0.2700 before it could rise again.Ripple price is struggling to climb towards the main $0.3000 resistance area against the US dollar.There were more than two rejections noted near
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Bitcoin price remained well bid above $9,000 and rallied to a new 2020 high against the US Dollar. BTC is now trading nicely above $9,500 and signaling a strong increase to $10,000.Bitcoin is showing positive signs above the $9,500 and $9,600 levels against the US Dollar.The price jumped to a
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Bitcoin price traded to a new weekly high at $7,664 and declined recently against the US Dollar. The price is now trading below the $7,420 and $7,400 support levels. There is a key bearish trend line forming with resistance near $7,525 on the hourly chart of the BTC/USD pair (data feed from
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Normally, this ongoing drop in prices, which comes only a month after a 42% expansion in a day, pushed the bulls to their limit. An eminent Twitter trader, Bitlord, said he had left the Bitcoin business due to the ongoing tumult in the market, denoting an indication of capitulation.Over the
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Bitcoin price is declining and approaching the next bearish target of $6,500 against the US Dollar.The price is down close to 10% and it seems like the bears are targeting $6,500 or $6,400.There is a new connecting bearish trend line forming with resistance near $7,010 on the hourly chart of
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