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Bitcoin (BTC) Falls Back Below $40,000 to Close Third Successive Bearish Week

Bitcoin (BTC) Falls Back Below $40,000 to Close Third Successive Bearish Week

On April 18, Bitcoin (BTC) fell below $40,000 for the first time this month. Short-term indicators are showing extremely oversold readings, suggesting that a significant rebound is near. This effectively reversed all the increases Bitcoin enjoyed during

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Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Mainly Unchanged to Start the Weekend

Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Mainly Unchanged to Start the Weekend

Prices of ETH and BTC were mainly unchanged to start the weekend, as market activity slowed, mainly due to the Easter holiday. Price consolidation comes after a week of bearish pressure that sent the world’s two largest cryptocurrencies towards

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Bitcoin (BTC) Drops to $40,000 After Creating Bearish Engulfing Candlestick

Bitcoin (BTC) Drops to $40,000 After Creating Bearish Engulfing Candlestick

Bitcoin (BTC) has failed to reclaim the $40,000 area and could potentially decrease to complete the final leg of its corrective phase. Bitcoin began rising on April 11 and hit a local high of $41,561 on

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BTC Price Analysis: What’s the Next Critical Support if Bitcoin Loses $40K?

BTC Price Analysis: What’s the Next Critical Support if Bitcoin Loses $40K?

Technical Analysis Daily timeframe: Bitcoin has been dropping impulsively in the past couple of weeks after being rejected from the 200-day moving average. This level has historically acted as a strong resistance during previous bear

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Here’s How Crypto Is Expected to Move Amid Rate Hike: Historical Analysis

Here’s How Crypto Is Expected to Move Amid Rate Hike: Historical Analysis

Cryptocurrency market may face its toughest tests quite soon In March, the Fed announced the first rate hike in 22 years of 25 basis points. As expected, traditional and digital asset markers reacted in a

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Bitcoin (BTC) Struggles to Sustain Rebound Rally Above $40,000

Bitcoin (BTC) Struggles to Sustain Rebound Rally Above $40,000

Bitcoin (BTC) rebounded at a minor diagonal support level near $40,000 but could still test the primary support zone between $37,000 and $38,000. Bitcoin has been declining since March 28 and fell to a local low

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SHIB, Monero, ApeCoin Are Rallying Amid Crypto Market Bloodbath: Details

SHIB, Monero, ApeCoin Are Rallying Amid Crypto Market Bloodbath: Details

SHIB, XMR and APE are leading the cryptocurrency rally with 10% price increase in last hours As top-tier cryptocurrencies like Ethereum and Bitcoin plunge, altcoins like Monero, ApeCoin, and Shiba Inu add almost 10% to

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ETH is About to Lose $3000 – Where is The Next Critical Support? (Ethereum Price Analysis)

ETH is About to Lose $3000 – Where is The Next Critical Support? (Ethereum Price Analysis)

The bears took control of the crypto market last week and were able to push the ETH price down 12% since reaching its weekly high above $3500. The DXY Index rises and news from China

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Ethereum (ETH) Mining Revenue Surpasses Bitcoin (BTC) Again in March 2022

Ethereum (ETH) Mining Revenue Surpasses Bitcoin (BTC) Again in March 2022

Despite Bitcoin miner revenue increasing in March, Ethereum miners still came out 10% ahead in revenue over miners of the first blockchain-backed cryptocurrency.  March turned out to be a tough month for Bitcoin miners. According to be[In]Crypto Research, miners

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Bitcoin Price Analysis: BTC Rebounded At Key Support, Is The Bottom In?

Bitcoin Price Analysis: BTC Rebounded At Key Support, Is The Bottom In?

Bitcoin’s price rally slowed down after getting rejected at the 200-day moving average line amid the $48K range. One day delay The price has fallen since the rejection of the MA200 and is currently retesting

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