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Bitcoin (BTC) climbed back above $24,000 at the Feb. 17 Wall Street open as analysis favored “consolidation and continuation” higher.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin faces key level to "break" bear trendData from Cointelegraph Markets Pro and TradingView showed BTC/USD recovering some overnight losses after dipping to $23,369 on
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Bitcoin (BTC) is now further below a key moving average than it was at the pit of the March 2020 COVID-19 crash.In a tweet on Jan. 4, popular trader and analyst Rekt Capital revealed just how remarkable the current Bitcoin bear market really is.BTC price 200-week moving average out of
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The breakdown of the ascending trendline corresponding with previous bear market lows looks horrible, one portfolio manager said. Source
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On Oct. 4 and 5, Bitcoin (BTC) took another step through the $20,000 mark, bringing the price above a long-term descending trendline that stretches all the way back to April 22 or Nov. 15, depending on one’s style of technical analysis.Some traders might be feeling a bit celebratory now that
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Increasing and elevated U.S. interest rates are headwinds for bitcoin, one researcher said. Source
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●Bitcoin (BTC): $23,960 −0.3% ●Ether (ETH): $1,883 −0.9% ●S&P 500 daily close: 4,305.20 +0.2% ●Gold: $1,791 per troy ounce +0.5% ●Ten-year Treasury yield daily close: 2.82% +0.03 Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index
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Bitcoin (BTC) consolidated higher on July 16 after the Wall Street trading week finished with modest gains for United States equities.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCan Bitcoin bulls reclaim the 200-week moving average?Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ranging between $20,500 and $21,000 into the weekend.The pair
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Bitcoin (BTC) is trading at its lowest since mid-December 2020 on June 13, but the bottom could be anywhere.As the weekend sell-off intensifies, BTC/USD has now broken below its realized price for the first time since March 2020, data from Cryptox Markets Pro and TradingView confirms.Bitcoin clings to realized priceAt around
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An above-forecast U.S. wage-growth figure may revive expectations of a 75 basis point Fed rate hike and bring more volatility to markets. Original Source
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Bitcoin (BTC) may be consolidating at $47,000, but longer timeframes show just how significant this week's mini bull run has been.According to the Golden Ratio Multiplier (GRM) metric, on March 27, BTC/USD reclaimed an essential support zone for securing further upside.Bitcoin exits trendline slump that beat March 2020GRM is a
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