Cryptocurrency Analysis and News Portal
While Bitcoin has embarked on a steep recovery since the $3,700 lows seen in March, some have still been questioning the value of cryptocurrency. Case in point: a hedge fund manager named Mark Dow recently shared that he thinks the cryptocurrency is on the “edge of a cliff,” adding:“I’ve been
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Bitcoin is showing a few recovery signs above the $6,760 support against the US Dollar. However, BTC price is still trading below a key bearish trend line and $7,000.Bitcoin is currently correcting higher and trading above $6,800 against the US Dollar.The bulls are showing a lot of resilience above $6,600,
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Ethereum is trading nicely above the key $140 support zone against the US Dollar. ETH price is showing a few positive signs and it could attempt to rally above $145.Ethereum is currently consolidating above the $140 support area against the US Dollar.The price is still struggling to gain bullish momentum
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Despite the retracement since Friday’s $6,900 top, Bitcoin remains decisively higher than it was three days ago, when it was wallowing in the low-$5,000s as investors feared a deeper crash. According to a prominent cryptocurrency trader, a trend has appeared on BitMEX’s futures market that suggests bulls remain in control.BitMEX’s Funding
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Bitcoin is struggling to gain momentum above $5,500 resistance against the US Dollar. If BTC price breaks the $5,000 support, it could start a major decline in the near term.Bitcoin is currently trading in a range between $5,000 and $5,500 against the US Dollar.A break below the $5,000 support could
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Ethereum jumped back above $260 and $270 against the US Dollar. ETH price is now consolidating above $275 and it could soon surpass the $288 resistance area.Ethereum is back in a positive zone, with a strong bullish bias above $275 against the US Dollar.The price is likely to accelerate gains
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ViewBitcoin's broader uptrend is still valid despite Monday's sudden move lower from $10,200. The weekly chart shows scope for a test of the October high of $10,350. A deeper pullback to support below $9,600 may be seen before the return of the rally, as the short duration charts are indicating
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Ethereum gains a strong bullish momentum above the $200 resistance against the US Dollar, similar to bitcoin. ETH price is likely to continue higher towards $250 in the near term.ETH price climbed higher significantly and settled above $200-$210 high against the US Dollar.The price even broke the $225 resistance and
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On Sunday Bitcoin (BTC) price revved up to rally from $7,115 to $7,642, providing a 7% gain and an unexpectedly strong weekly close, which now has some analysts suggesting that a trend reversal is in the making. Cryptocurrency market daily overview. Source: Coin360The strong upside move brought the price above
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The PlusToken Ponzi scheme has and continues to impact the price of Bitcoin as funds are liquidated via OTC brokers, but half the problem facing the BTC market is a lack of buying demand according to analyst Alex Krüger. PlusToken DumpPlusToken promised its “investors” monthly returns of anywhere from 10 to
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