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Crypto Analyst: Bitcoin Bull Rally is Over if Trendline Breaks

Bitcoin has been on a bull run since the start of 2019, after bottoming in December 2019. Momentum picked up with a $1,000 candle in April and the crypto asset was off to the races ever since. But now the race appears to be coming to an end,…
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Bitcoin Closes on $11k as Two Technical Indicators Conflict

Bitcoin has been in a steady uptrend since the weekend. The short term picture looks promising but a conflicting technical signal indicator on a longer term chart could spell the end of the upturn. Bitcoin Almost at $11,000 A few hours ago during…
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Safe Haven? Bitcoin Price Falls Below $11,000 Alongside Gold Bull Rejection

Bitcoin price has been rallying throughout 2019, and most believe that the crypto asset is about to embark on its greatest bull run yet. As global economic tensions and uncertainty rise, so does the price of gold and its digital counterpart…
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Bitcoin Hits Highest Weekly Close Since January 2018, Showing Strong Momentum

After spending the best part of the past week consolidating, Bitcoin took a turn south over the weekend. On the bright side, the king of crypto registered its highest weekly close for over a year. Will it lead to further gains? Highest Weekly…
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Bitcoin Price Rejected From $10K, Or the Start of a Bullish Reversal?

This morning, July 31, 2019 Bitcoin price soared from lows around $9,500 to a local high of $10K before the leading crypto asset by market cap took a short pause. Bears have been in control ever since Bitcoin price was rejected from $13,800,…
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BTC and Gold Showing Correlated Moves, Will Bitcoin Price Rise From Here?

In recent weeks, the trade war between the Trump administration and China has been heating up, and fueling concerns that the global economy is on thin ice. The fears have caused a massive inflow of capital into gold and Bitcoin markets due to…
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Bitcoin Price Chart: Monthly Candle Pattern Shows Strongest Trend Reversal Ever

Bitcoin price is once again making headlines on mainstream media outlets, revisiting once forgotten memories of the crypto bubble of 2017, where Bitcoin’s meteoric rise captured the interest of the world and took it to its all-time high of…
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Bitcoin Market Surges $5 Billion in Matter of Minutes, But Why?

More than $5 billion have entered the Bitcoin market in the last hour or so. The price of the leading digital asset at around midday GMT today was about $7,668. At the time of writing, it has since surged to almost $8,000 again. The most popular…
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Gold Skyrockets as Bitcoin Price Plummets, Which Wins Battle for Economic Hedge?

Bitcoin price in recent days has started a long-overdue correction following a powerful multi-month, parabolic rally that took the price of the crypto asset from a trading range between $3,000 and $4,000, to local highs of over $9,000. But as…
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Bitcoin Daily CBOE Futures Chart Has “Gaps Galore,” When Will They Fill?

Throughout the highly-publicized Bitcoin rally of spring 2019, there’s been much talk about “gaps” in Bitcoin price charts being filled, or being left unfilled – which often manifests as a target in the future price action. A powerful…