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Why Bitcoin below $60K could be a great buying opportunity

Bitcoin seems to be losing steam as it trades back and forth between $59,000 and $60,000. In the daily chart, BTC is moving sideways (0.3%) after a week with modest gains of 4.9%. BTC moving sideways in the daily chart. Source: BTCUSD Tradingview Trader…
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Why Bitcoin Price Is Gearing For Another Lift-Off To New ATH

Bitcoin price is showing positive signs above $58,500 and $59,500 against the US Dollar. BTC is likely to accelerate higher above $61,000 and $62,000 in the near term. Bitcoin gained bullish momentum above the $58,500 and $59,200 resistance…
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LA Real Estate Mogul Buys Bitcoin, Accepts BTC For Rent

A massive LA-based luxury real estate firm has begun accepting Bitcoin for rent payments. In addition to loading up on BTC for its corporate reserves, the company has also tapped popular exchange Gemini to help build a crypto centric ecosystem…
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Why Bitcoin could favor USD dominance over Digital Yuan

Contrary to what many in the crypto space are discussing, Senior Commodity Strategist for Bloomberg, Mike McGlone, has made the case for Bitcoin being beneficial for the U.S. dollar over China’s digital Yuan. According to McGlone, the…
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Crypto Analyst Expects “Escape Velocity” When Bitcoin Breaks $60K. Here’s Why

Bitcoin price is still stuck under $60,000 but unable to push any lower than $55,000. The tightening across the crypto market has been long and arduous but when $60,000 is finally broken, the crypto asset should reach what one analyst calls…
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Crypto CEO “Convinced” Of Bitcoin Cycle Top, Warns Of Sell Side Intensity

Despite the best efforts by bulls for what has been several weeks now, Bitcoin price can’t seem to get back above $60,000 and spend any meaningful time above it. Fundamentals are as bullish as it gets for the top cryptocurrency, but bearish…
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How Grayscale Bitcoin Trust at a discount could change everything for BTC

After spending the entire month of March at a loss, the downtrend in Grayscale Bitcoin Trust premium has extended.  At the time of publication, the premium stands at -11.45%, near its all-time low at -14%. GBTC trading at a discount. Source:…
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TA: Short-Term Bearish? Why Bitcoin Price Could Struggle Above $57.5k

Bitcoin price extended its decline and tested the $55,500 support against the US Dollar. BTC is now recovering, but it is likely to face a strong resistance near the $57,500 level. Bitcoin failed to hold the $57,000 zone and extended its decline…
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How Ethereum has outperformed Bitcoin by 250% since inception

With a 3,7% loss in the last week and 2.7% in the last hour, Bitcoin’s price sits near critical support. On the other hand, Ethereum managed to climb to a new all-time high and sits on top of two fast-growing sectors: DeFi and NFTs. Former…
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TA: Bitcoin Corrects Below $58K, But Here’s Why Uptrend Is Still Intact

Bitcoin price failed to surpass the $59,500 resistance against the US Dollar. BTC is now trading below $58,000, but it is still above important supports such as $56,500. Bitcoin failed to gain strength above the $59,200 and $59,500 resistance…