Bitcoin (BTC) has not breached the resistance zone of $ 44,000, but is trading inside a short-term descending parallel channel. While there are short-term bullish signs in place, the longer-term readings indicate that the trend
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Following yet another dip below $41,000, bitcoin has reacted well and has recovered a few thousand dollars in hours. However, most of the alternative coins are still struggling, with minor moves with a few exceptions,
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Bitcoin cost extended its decrease and checked the crucial $40,750 assistance versus the United States Dollar. BTC could start a fresh increase as long as it is above $40,750. Bitcoin extended its decrease listed below
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Bitcoin and Ethereum are currently surviving a bearish scare, with both assets just about holding a position above their immediate supports. For Bitcoin, the $ 41,000 level establishes a strong rebound range while Ethereum has
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China’s recent ban on crypto transactions and crypto miners caused the Huobi mining pool to transfer $ 4.21 billion to Bitcoin According to analytics data provided by IntoTheBlock, the Huobi Bitcoin mining pool, the eighth
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On-chain analysis provider Santiment reported that the supply of Bitcoin sitting on the exchanges has fallen to levels not seen since May 2019. This is usually considered bullish as investors take BTC off exchanges when
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On-chain data shows whale ratio has exceeded the 0.50 mark, historically a sign that whales are dumping in the short term. Bitcoin Whales Have Started Selling Their Coins As mentioned by a CryptoQuant post, the
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China continued its crackdown on crypto, leading to massive amounts of bitcoin and Ethereum being moved from exchanges. Immense pressure from Chinese reserve banks following the most recent model of the China crypto restriction has
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As Bitcoin and other cryptos get more credence, numerous leading shots in varied markets welcome the crypto community. Many companies, including Tesla, had accepted BTC payments once, and even a country like El Salvador is
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Bitcoin cost stopped working to clear the $45,000 resistance versus the United States Dollar. BTC is declining and it remains at a risk of more downsides below $42,000. Bitcoin stopped working to continue greater above
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