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Bitcoin Bulls Target $10,800 As The Price Pushes Higher

Bitcoin bulls target a new goal to the $10,800 price level after facing a sudden influx of selling pressure yesterday but they managed to defend its position as we are about to read more in the coming altcoin news below. Assuming that the levels are…

Bitcoin Price Could Hit $8k as Major Outward On Chain Flows Increase

As Bitcoin continues with its now tedious consolidation, analysts are still searching for the next direction. Most are siding with the bears at the moment as downwards momentum is looking more likely. One view taken from a longer term trend indicator could see BTC fall…

Bitcoin Price Could Fall By 30% to $7,500; Here’s Why

Over the past week, Bitcoin (BTC) has finally managed to mount a comeback, rallying from the local low of $9,300 to $10,500 as of the time of writing this. However, one analyst recently pointed out that this price action only confirms the idea that the…

Bitcoin Open Interest Peaks as BTC Dominance Hits Another High

While Bitcoin price action is decidedly sideways, other metrics are posting positive signals. The week is ending with BTC above five figures which is still bullish, and dominance has just tapped another new high. Bitcoin OI Hits a High By definition, open interest is a…

Ethereum Developers Forge On Despite ETH Price Slump FUD

When a crypto asset fails to perform in terms of price it rapidly gets a big dose of chagrin from mainstream media and those that have lost money trading it. Ethereum is currently the prime example as investors begin to sour despite ongoing developments to…

Crypto Analyst: Bitcoin Price Drop Below $10,000 Was a Bull Trap

Last week, Bitcoin price fell below $10,000 yet again, and with the break of support, much of the market turned bearish and began calling for lows around $8,000 to be tested. However, before the long Labor Day weekend concluded, Bitcoin price was back well above…

Bitcoin Bulls Win Tug Of War, BTC Surges 7% to $10,400

Bitcoin bulls are back — that’s right. In the past few hours, the cryptocurrency has been regaining its upward momentum once again, finally showing some bullish price action following the Friday close of the CME’s August BTC futures contracts. Related Reading: 1,000 Bitcoin Buy Wall…

Bitcoin Approaches Critical Support Level After 9% Slide

As predicted, a big movement came for bitcoin following a week of consolidation. Analysts have been mixed all week but those that leaned towards bearish were right as the king of crypto plunged back into four figures a few hours ago. Bitcoin Nearing New Low…

Bitcoin Plunges Through $9,600 Liquidates $144 Million in BitMEX Longs

The victors of the latest tussle between bulls and bears have been decided. In the past hour, the Bitcoin (BTC) price has plunged, with the cryptocurrency losing key support at $10,000 and $9,800 within a few minutes’ time. Related Reading: The Mysterious $120 Million Bitcoin…

MACD “Bear Cross” Implies Bitcoin to Resume $20,000 Run

Over the past week, Crypto Twitter has been ablaze with talk of a Bitcoin (BTC) crash. You see, the Moving Average Convergence Divergence (MACD) on Bitcoin’s one-week chart flipped red for the first time since November 2018 — when the cryptocurrency was plummeting from $6,000…

Bitcoin Hits Five Day High as Monday Trading Renews Optimism

Bitcoin has spent most of the weekend just clinging on to levels above $10k but failing to make any progress there. Yet again trading in Asia has driven momentum this Monday morning as a spike over $10,600 takes BTC to its next resistance level. Seven…