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“# Why traders think a Bitcoin ‘blow-off top’ will occur above $18,000 ” Bitcoin price is steamrolling toward $18,000 and excited traders are calling for the top-ranked digital asset to overtake the 2017 all-time high at $19,763. Unless you’re a bear, reaching a new all-time high is great but ideally, for a sustainable rally to…
“# Bitcoin hits new 2020 high at $16.7K —Traders expect bigger breakout ” The price of Bitcoin (BTC) hit a new yearly high at $16,717 on Binance. Following the breakout, traders expect a larger rally to occur in the near term. There are several reasons why analysts expect a prolonged uptrend. First, Bitcoin cleanly broke…
“# 3 reasons why Bitcoin price quickly recovered after dropping to $15.7K ” The price of Bitcoin (BTC) dropped to as low as $15,670 on Binance on Nov. 15. The highly volatile drop came hours after BTC reached $16,355, demonstrating strong momentum. Three key factors likely caused the overnight drop in the price of Bitcoin….
“# Sideways Bitcoin price allows DeFi, Ethereum, and altcoins to rally higher ” For the past two days, Bitcoin price has traded within the $14,800 to $15,500 range but the top-digital asset struggled to flip $15,500 to support. A positive is BTC continues to make higher lows and at the time of writing the price…
“# 3 reasons why Bitcoin price abruptly dropped 6% after reaching $15,800 ” The price of Bitcoin (BTC) rose to as high as $15,840 before crashing to $14,800. Just five hours after reaching an intraday top, the dominant cryptocurrency dropped over 6%. This massive spike in volatility was likely caused by three major factors. The…
“# Bull flag breakout will decide whether Bitcoin price goes to $16K or $14K ” Bitcoin price (BTC) appears to be taking a short breather after reaching a new 2020 high at $15,960 on Nov. 5. The 1-hour and 4-hour timeframe show the price compressing within a flag and throughout the majority of the trading…
“# Bulls keep running as Bitcoin price notches a new 2020 high at $15,750 ” In the last 24-hours the price of Bitcoin (BTC) rose by more than 10%, breaching the $15,000 handle for the first time since January 2018, and reaching a new 2020 high at $15,750. Data from Cointelegraph Markets shows the BTC/USD…
“# 5 signs that the real Bitcoin rally may only be just beginning ” The price of Bitcoin (BTC) has pulled back substantially since its yearly high at $14,149 a few days ago. Yet, there are five signs that the real rally is only just starting. Rising “HODLing” activity, record-high fundamentals, low retail interest, higher…
“# Impending pennant breakout sets Bitcoin price back on the path to $14,000 ” As the weekend approaches, Bitcoin (BTC) price appears set to close out the month with a remarkably strong performance which has many bulls calling for a new all-time high above $20,000 in the near future. Traders attribute these lofty estimates to…
“# Bitcoin price spikes 5% to $13.5K shortly after ECB stimulus announcement ” The price of Bitcoin (BTC) increased from $12,920 to $13,600 in four hours, recording a 5% rally. The uptrend coincides with positive developments from the European Central Bank (ECB) and optimistic job data from the U.S. BTC/USD 1-hour chart. Source: TradingView.com Macro…