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“# Bitcoin price is back at $50K, but exactly how ‘bullish’ are the bulls? ” Cryptocurrency markets rallied 12.5% over the past seven days to reach a $2.44 trillion market capitalization. However, that move doesn’t seem to be inspiring confidence because the same level was tested 16 days ago when a 27% retrace followed ether’s…
“# Traders pile into altcoins after Bitcoin bulls take hold of $50K ” Bitcoin is back above $50,000 and bulls are currently attempting to secure a daily close above the oft disputed level. The strength seen in BTC has also helped kickstart momentum in the altcoins and at the time of writing, several tokens are…
“# $50K Bitcoin is ‘ultimate bear trap,’ says analyst as BTC price struggles for key level ” Bitcoin (BTC) may be battling for $50,000, but its latest move could prove to be the “ultimate” tool to make bears pay. In a tweet on Oct. 5, popular trader and analyst Rekt Capital described the most recent…
“# Bitcoin taps $50K for first time in one month amid heavy BTC price volatility ” Bitcoin (BTC) hit $50,000 for the first time in a month on Oct. 5 as a triumphant return to form continued. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC’s price hits one-month high Data from Cointelegraph Markets Pro and…
“# Bitcoin beats stocks, commodities to best performing asset of 2021 ” Bitcoin (BTC) is officially the best performing asset of 2021, data now confirms. As October delivers 15% gains in five days, BTC firmly outperforms macro assets worldwide to seal year-to-date returns of just under 50%. Bitcoin hodlers up 49% year-to-date Despite Bitcoin’s wild…
“# These 3 indicators flashed bullish ahead of the recent Bitcoin price pump ” In stock markets and the crypto sector, traders are always looking for a definite reason to explain an asset’s price action, which means it’s important to stress that correlation doesn’t imply causation. While it may be easy to connect a regulatory…
“# Bitcoin price dips are being ‘bought up strongly,’ but a $50K close remains key ” Bulls flexed their muscles on Oct. 4 and proof of this came as Bitcoin’s (BTC) price rallied within $500 of the $50,000 mark. This move toward the key psychological resistance helped to pull the Crypto Fear & Greed Index…
“# Price analysis 10/4: BTC, ETH, BNB, ADA, SOL, XRP, DOT, DOGE, LUNA, UNI ” Bitcoin (BTC) is facing rejection near $50,000, indicating that bears are not ready to give up without a fight. Many analysts expect Bitcoin to soar in the last quarter of the year and stock-to-flow model creator PlanB says the “worst-case scenario” for…
“# Axie Infinity hits a new ATH at $155 while Bitcoin bulls aim for $50K ” The wider cryptocurrency market fell under pressure on Oct. 4 as the momentum generated by Bitcoin’s (BTC) weekend spike above $49,000 was overshadowed by more global concerns related to the global financial system, rising inflation and supply chain challenges. …
“# $200K BTC price ‘programmed’ as Bitcoin heads toward 2nd RSI peak ” Bitcoin (BTC) is headed to what is arguably a mathematically “programmed” all-time high of $200,000 or more, the latest data hints. In a series of tweets on Oct. 4, popular Twitter commentator TechDev highlighted familiar bullish behavior in Bitcoin’s relative strength index…