Bears in bitcoin may be in jeopardy since short-side open interest is gradually increasing in line with spot purchasing volume. Short squeezes are frequently the result of such divergences, and in the case of Bitcoin,
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Since mid-May, the price of bitcoin has been quite stable, hovering around $70,000 for some time. In spite of this, the price of the cryptocurrency has not moved much, only varying by 6%. Market players
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One of the biggest cryptocurrency exchanges in the world, Coinbase, has seen substantial withdrawals of Bitcoin (BTC) during the last 48 hours, amounting to around $500 million. This is a result of the spot Bitcoin
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Although Bitcoin achieved a significant milestone by breaking above the $70,000 barrier, not everything is perfect. That being said, a double top pattern that is forming on the chart around the $71,900 line should alert
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Recent trading sessions have seen substantial price volatility for Bitcoin (BTC), which has investors feeling both cautious and optimistic. But well-known cryptocurrency expert Ali Martinez has pointed out that there may be a BTC price
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Following its all-time high on one of its most significant charts, Bitcoin has reached a significant turning point for the cryptocurrency industry. The graphic highlights the link between global liquidity (M2) and the price of
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For the fifth day in a row, Bitcoin, the biggest cryptocurrency by market capitalization, continued to rise, breaking above the $71,000 barrier. This upward trend is reflective of the increasing optimism on international markets, which
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The price of Bitcoin (BTC) momentarily recovered above $70,000 after the most recent US macro data was released.This followed an unanticipated slowdown in company activity in the US industrial sector in May. In contrast to
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Crypto trader Ali Martinez stated that if a scenario he outlined comes to pass, he believes Bitcoin would see a significant upswing. Bitcoin eyes surge to $74,400 Martinez tweeted that Bitcoin is now breaking out
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Trader Jake Wujastyk claims that the price movement of Bitcoin right now is comparable to what it did in February 2017.The trader is comparing two Bitcoin breakouts from October 2020 and February 2017 on his
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