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Tag: markets

# Derivatives data suggests that Bitcoin’s K bounce was a mere blip
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# Derivatives data suggests that Bitcoin’s $39K bounce was a mere blip

Admin5 years ago06 mins

“# Derivatives data suggests that Bitcoin’s $39K bounce was a mere blip ” Bitcoin (BTC) bulls are probably quite disappointed with how the start of 2022 has shaped up, especially since the cryptocurrency plunged over 20% in the first 25 days of the year. Even more shocking is the fact that the supposed $32,930 bottom…

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# No blow-off top? Bitcoin hodler metric points to ‘depressed’ BTC price
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# No blow-off top? Bitcoin hodler metric points to ‘depressed’ BTC price

Admin5 years ago04 mins

“# No blow-off top? Bitcoin hodler metric points to ‘depressed’ BTC price ” Bitcoin (BTC) investors are famous for their ability to “hodl” through price dips, but new data sheds light on how long they may be prepared to continue. In a tweet on Jan. 16, on-chain analytics firm Glassnode noted that holder behavior currently…

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# Bitcoin dips 8% from highs as trader demands BTC bulls reclaim .5K
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# Bitcoin dips 8% from highs as trader demands BTC bulls reclaim $37.5K

Admin5 years ago04 mins

“# Bitcoin dips 8% from highs as trader demands BTC bulls reclaim $37.5K ” Bitcoin (BTC) climbed down from multi-day highs on Jan. 27 as the aftermath of the latest United States Federal Reserve meeting saw bulls taper their enthusiasm. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin disappoints below $37,500 Data from Cointelegraph Markets…

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# Ethereum bulls aim to flip .8K to support before calling a trend reversal
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# Ethereum bulls aim to flip $2.8K to support before calling a trend reversal

Admin5 years ago06 mins

“# Ethereum bulls aim to flip $2.8K to support before calling a trend reversal ” The dire predictions calling for the onset of an extended bear market may have been premature as prices appear to be in recovery mode on Jan. 26 following a signal from the U.S. Federal Reserve that interest rates will remain…

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# Polygon (MATIC) sees a strong oversold bounce after 0B crypto market rebound
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# Polygon (MATIC) sees a strong oversold bounce after $250B crypto market rebound

Admin5 years ago06 mins

“# Polygon (MATIC) sees a strong oversold bounce after $250B crypto market rebound ” Polygon (MATIC) emerged as one of the best performers among high-ranking cryptocurrencies on Jan. 26 as the price rose nearly 17% to reach an intraday high at $1.825. The gains surfaced amid a synchronous rebound across the crypto market that started on…

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# Altcoins book 40% gain after Bitcoin and the crypto market enter a relief rally
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# Altcoins book 40% gain after Bitcoin and the crypto market enter a relief rally

Admin5 years ago06 mins

“# Altcoins book 40% gain after Bitcoin and the crypto market enter a relief rally ” Crypto investors are beginning to feel a sense of hope once more on Jan. 26 as the wider cryptocurrency market is seeing green and Bitcoin (BTC) price trading near $38,000. Even with the breakout, traders are advising caution ahead…

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# Price analysis 1/26: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX
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# Price analysis 1/26: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX

Admin5 years ago016 mins

“# Price analysis 1/26: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX ” Bitcoin (BTC) and most major altcoins have bounced off their strong support levels but could the rally sustain to the extent that traders feel confident that a bottom in place?  Bloomberg Intelligence senior commodity strategist Mike McGlone said that Bitcoin’s…

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# BTC price hits K as Bitcoin analysts focus on weekly close
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# BTC price hits $38K as Bitcoin analysts focus on weekly close

Admin5 years ago05 mins

“# BTC price hits $38K as Bitcoin analysts focus on weekly close ” Bitcoin (BTC) staged new retests of $38,000 resistance on Jan. 26 as optimism increased over a potential recovery to $40,000 and higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Next stop a $40,000 retest? Data from Cointelegraph Markets Pro and TradingView followed BTC/USD…

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# Bitcoin pundits split over BTC floor as Bloomberg analyst eyes bounce
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# Bitcoin pundits split over BTC floor as Bloomberg analyst eyes bounce

Admin5 years ago05 mins

“# Bitcoin pundits split over BTC floor as Bloomberg analyst eyes bounce ” Bitcoin (BTC) could still fall under $30,000, but some prominent sources are already calling the end of the latest bearish turn on BTC/USD. In a tweet on Jan. 25, Mike McGlone, senior commodity strategist at Bloomberg Intelligence, eyed Bitcoin’s position relative to…

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# Madonna, Beanie, Rug Radio and CryptoSkulls: 5 NFT events trending on Twitter
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# Madonna, Beanie, Rug Radio and CryptoSkulls: 5 NFT events trending on Twitter

Admin5 years ago017 mins

“# Madonna, Beanie, Rug Radio and CryptoSkulls: 5 NFT events trending on Twitter ” There is no denying that pop culture has entered the NFT space in full force. The World of Women collection created by Yam Karkai has followed in the footsteps of Bored Ape Yacht Club (BAYC) by signing with a big-time Hollywood…

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