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Bitcoin Plunges $450 in Minutes, Loses $10,000 Support… Again

Ouch. The Bitcoin (BTC) price has dumped by over $450 in the past few minutes, with bears finally managing to take the wheel of the cryptocurrency market after over two weeks of lull. It isn’t clear what triggered this move, but with this…
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With Ethereum and XRP Rocketing, What Will the Bitcoin Price Do?

The crypto market has seen its craziest day in months. As Bitcoin (BTC) price flatlined, steadying at $10,250, altcoins absolutely skyrocketed. As seen in the chart from Coin360 below, cryptocurrencies, save for Bitcoin and a few other stragglers,…
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Bitcoin Weekly Chart May Point to Covert Bullishness

After incurring a sudden influx of buying pressure yesterday that sent Bitcoin’s price surging past $10,400, the crypto’s bulls were unable to perpetuate this momentum, which has since led BTC to retrace back towards the lower-$10,000 region. Analysts…
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Bitcoin Down as Saudi Attack Raises Fears of Economic Crisis

Bitcoin was trading in negative territory on Tuesday as attacks on Saudi Arabia’s crude oil processing facilities weighed on the global economy. The benchmark cryptocurrency dwindled by $74.49, or 0.73 percent, to $10,188.05 minutes after…
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Bitcoin Price (BTC) At Clear Risk of Further Declines

Bitcoin price failed to hold the key $10,300 and $10,250 support levels against the US Dollar. The price is currently trading with a bearish bias and recently tested the $10,000 support area. There is a key bearish trend line forming with resistance…
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Is 70% the Limit for Bitcoin Dominance?

Cryptocurrency market analyst Mati Greenspan has speculated that the current levels of Bitcoin dominance versus the rest of the cryptocurrency market might be the highest they will ever reach. He reasons that the last time Bitcoin dominance…
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Bitcoin Mum despite Saudi Attack Raising Demand for Haven Assets

Bitcoin appeared stuck in a price-range on Monday as attacks on Saudi Arabia’s oil facilities raised concerns over global energy supply and renewed tensions in the Middle East. The spot bitcoin rate slipped 0.03 percent to $10,301.78 on…
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Key Technical Indicator Signals Bitcoin is Gearing Up for a Big Move

After inching higher yesterday, Bitcoin faced a somewhat strong rejection at just above $10,400, which has brought the cryptocurrency down towards its next key support level at $10,000. A failure for bulls to hold this level could mark a short-term…
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Bitcoin (BTC) Price Weekly Forecast: Slow And Steady Increase Likely

There was a downside correction from the $10,954 swing high in bitcoin price against the US Dollar. The price is holding the $10,000 support and it could bounce back in the near term. There is a major bullish trend line forming with support…
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Bitcoin Pushes Higher as Bulls Target $10,800

After facing a sudden influx of selling pressure yesterday, Bitcoin’s bulls have been able to defend its position within the mid-$10,000 region and are now pushing BTC up towards its next key resistance level around $10,400. Assuming that…