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Posts published in “price”

Has Bitcoin Bottomed Out With its Last Dip at $6,200? Investors Optimistic

Since Bitcoin found a foothold in the $6,200-$6,800 range in early-August, crypto traders have been doing their best to discern where this unpredictable market will head next. But, with positive crypto-centric news becoming commonplace, there has been an unprecedented number of investors, commentators, and industry leaders that have foreseen a bottom in the tumultuous cryptocurrency market. “Last...

The post Has Bitcoin Bottomed Out With its Last Dip at $6,200? Investors Optimistic appeared first on NewsBTC.

Why Is Bitcoin so Boring?

Why Is Bitcoin so Boring?

Whether you’ve made a small fortune or lost it, Bitcoin has certainly been a wild ride. Superlatives normally denote some interest if nothing else, but September was possibly the ‘dullest’ month for Bitcoin since records began. Element Digital Asset Management (EDAM) has been analyzing a number of theories as to why this has been the case — only to come up with a boring conclusion. What the Crunk Happened? Over the past few years, the price chart

The post Why Is Bitcoin so Boring? appeared first on Bitcoinist.com.

Charting Expert: Bitcoin Technical Damage Will Take Months to Repair

Price analysts and charting experts are conflicted as to whether or not the recent price rise and persisting stability for Bitcoin and the general cryptocurrency markets signals growing strength or represents the calm before the storm. One charting expert believes that the technical damage done to Bitcoin over the past nine months will take several...

The post Charting Expert: Bitcoin Technical Damage Will Take Months to Repair appeared first on NewsBTC.

Why Analysts See Bitcoin Breaking Out of the $8,800 Resistance Level Very Soon

Crypto analysts and investors have established the $8,800 resistance level as a short-term target for Bitcoin, based on the optimistic technical indicators of the dominant cryptocurrency. Bitcoin Rally Ahead? Most of the predictions on the short-term rally of Bitcoin originated from data provided by RIG trend lines — an indicator that combines the Relative Strength...

The post Why Analysts See Bitcoin Breaking Out of the $8,800 Resistance Level Very Soon appeared first on NewsBTC.

Ethereum Price Analysis: ETH/USD Under Pressure Below $216

Key Highlights ETH price is struggling to break the $214-216 resistance zone against the US Dollar. Yesterday’s highlighted important bearish trend line is active with resistance at $212 on the hourly chart of ETH/USD (data feed via Kraken). The pair has to break the trend line and the $216 resistance zone for more gains in...

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Ethereum Price Analysis: ETH/USD Consolidating Above $200

Key Highlights ETH price recovered nicely and moved above the $210 level against the US Dollar. There is a key bearish trend line in place with resistance at $216 on the hourly chart of ETH/USD (data feed via Kraken). The pair must break the $216 and $220 resistance levels to move further higher in the...

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CoinList CEO: Crypto Market Will Be Cyclical For a Long Time

While the value of nearly all crypto assets have tanked since January of this year, with ICO-issued tokens being no exception, the public funding model has still garnered support and is still of interest to many investors across this early-stage industry. ICOs Are A Game Of “Land Ducks” And Airborne Birds Andy Bromberg, the CEO...

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Ethereum Price Analysis: ETH/USD Could Decline to $180

Key Highlights ETH price is under a lot of pressure after it broke the $210 support against the US Dollar. There was a break below a major contracting triangle with support at $210 on the hourly chart of ETH/USD (data feed via Kraken). The pair is under a lot of pressure and it could continue...

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Price Action Last Week: Market Establishes YTD Low, Then Bounces Back Strong

For many short-term speculators, the current cryptocurrency market could be classified as a bore, with prices remaining relatively stagnant, volume figures dwindling, and altcoins failing to see rapid bouts of non-linear price movement, which were so common during last year’s bull run. Regardless, prices still saw a slight uptick this week, with a majority of crypto assets posting...

The post Price Action Last Week: Market Establishes YTD Low, Then Bounces Back Strong appeared first on NewsBTC.

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