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Bitcoin Price Charts Indicate Glimmer of Hope for Corrective Rally

Bitcoin’s (BTC) struggle to build a notable bounce could end if prices beat key resistance above $3,600. The leading cryptocurrency by market value fell to 15-month lows near $3,200 last week, pushing the 14-week relative strength index (RSI)…
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Bitcoin Still on Defensive But Price Rally Possible Over $3.9K

Bitcoin (BTC) remains on the defensive despite a 4-percent recovery from nine-day lows today, but bearish pressure may weaken if prices rise above key resistance near $3,900. The world’s largest cryptocurrency by market capitalization fell…
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Is Bitcoin Primed to Initiate a Rally Above $7,000 After Weeks of Stability?

Throughout the past ten days, the Bitcoin price has remained in a tight range from $6,300 to $6,500, rarely initiating a noticeable movement. The 1-day price chart of Bitcoin, as shown below, demonstrates nearly two weeks of stability in the…
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Coins Ready to Rally as ADA, Stellar, Litecoin Reject Bears

While Litecoin might be a “relic” according to Tushar Jain, their developers are ready to slash transaction costs by a factor of 10 once Litecoin core 0.17 goes live. The release date is tentative but what we know for sure is that EOS trade…
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BCH Ready to Rally Despite Gemini Hitch

The supremacy war between Bitcoin ABC and Bitcoin SV is beginning to affect Bitcoin Cash investors keen on channeling funds through regulatory compliant avenues as Gemini. In a statement, the New York based exchange said they will list Bitcoin…
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Bitcoin May Have Just Experienced its Final Shakeout Before a Big Rally

On October 15, the price of Bitcoin dropped to $6,150, dangerously moving closer to its $6,000 support level which it has well maintained since early August. Due to its low volume, Bitcoin struggled to demonstrate momentum in the mid $6,000…
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$6,550: Bitcoin Charts Suggest New Target for Price Rally

The corrective rally in Bitcoin (BTC) could gather momentum if key resistance above $6,500 is crossed on the back of high volumes, according to technical charts. The leading cryptocurrency witnessed a symmetrical triangle breakout last week,…
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Cryptocurrency Market Update: Ethereum Bites Back Surging 25% in Two Days

FOMO Moments Markets are recovering this Friday; Ethereum, EOS, and Tron rising higher. Markets have continued with their recovery from yearly lows as we end the week. Media outlets have been talking about a dead cat bounce, especially for Ethereum,…
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Bitcoin Price Just Surged to $7,200 in 1 Hour, Strong Short-Term Rally Next?

In the past hour, the Bitcoin price has surged from $7,030 to $7,200, bringing the entire market with it to the upside. Bitcoin Cash, NEO, Litecoin, ICON, EOS, VeChain, Tron, Qtum, Cardano, and most major tokens have recorded 5 to 15 percent…
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Why Some Bulls Expect Bitcoin to Fall Below $5,000 Prior to Big Rally

Today, Fundstrat’s Tom Lee has reaffirmed his $30,000 Bitcoin price target by December. But, other permabulls are not as optimistic as Lee about the short-term trend of Bitcoin. In May, BitMEX CEO Arthur Hayes stated that he would like to…