Tag Archives: btcusd

Crypto Analyst Says It’s September 2016 For Bitcoin Again, What This Means

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Crypto analyst CryptoCon stated in his recent market analysis that the Bitcoin current price action is reminiscent of December 2016. He further explained what he meant and provided insights into what to expect from the flagship crypto going forward.   “It Is September 2016 All Over Again For Bitcoin” CryptoCon mentioned in an X (formerly Twitter)… Continue reading Crypto Analyst Says It’s September 2016 For Bitcoin Again, What This Means→

Bitcoin Momentum Indicators Are All Showing Death Cross: Say Hello To Bear Market?

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Data shows three popular Bitcoin momentum indicators recently formed a death cross pattern. Here’s what usually follows this formation. Bitcoin Momentum Indicators Have Seen Bearish Crossovers Recently In a new CryptoQuant Quicktake moving averages (MAs) related to the cryptocurrency. The first is the “Active Address Momentum,” which involves the 30-day and 365-day MAs of the… Continue reading Bitcoin Momentum Indicators Are All Showing Death Cross: Say Hello To Bear Market?→

Trump’s Vision: America To Reign As Crypto And Bitcoin Epicenter, Latest Statement Reveals

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As the November elections draw near, former President Donald Trump is ramping up his support for Bitcoin and the broader cryptocurrency industry, positioning digital assets as a central theme in his campaign for the White House.  America As The Bitcoin Capital During a recent address at the Economic Club of New York, Trump articulated his… Continue reading Trump’s Vision: America To Reign As Crypto And Bitcoin Epicenter, Latest Statement Reveals→

Bitcoin Price Struggles: Can Bulls Step In to Save the Week?

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Bitcoin price declined and retested the $55,600 support zone. BTC is now struggling and might face hurdles near the $57,000 resistance level. Bitcoin is struggling to recover above the $57,750 zone. The price is trading below $57,200 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at… Continue reading Bitcoin Price Struggles: Can Bulls Step In to Save the Week?→

Bitcoin Forecast: BTC Price Could Crack $50,000 If This Important Level Does Not Hold

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Bitcoin (BTC) has been on a severe downward trend for the past few months, experiencing multiple price fluctuations amidst broader market volatility. A crypto analyst has predicted that Bitcoin could witness an even steeper drop to $50,000 if its price does not hold this key support level.  Bitcoin Risks $50,000 Drop If Support Fails Elja… Continue reading Bitcoin Forecast: BTC Price Could Crack $50,000 If This Important Level Does Not Hold→

What Was Behind The Bitcoin And Ethereum Price Crash?

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Bitcoin (BTC) and Ethereum (ETH) have started September in the red, having already suffered price declines since the beginning of the month. This bearish sentiment towards the foremost cryptocurrencies and, by extension, the broader crypto market is due to several macroeconomic factors. Market Still Feeling The Effects Of The Yen Carry Trade Recent developments suggest… Continue reading What Was Behind The Bitcoin And Ethereum Price Crash?→

Crypto Analyst Says The Bitcoin ‘Summer Chop’ Is Nearing Its End, Here’s Why

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Summers have historically been very bearish for the Bitcoin price, and the year 2024 has been no different. Since summer began in June, the price of Bitcoin has been very weak, with multiple flash crashes rocking the pioneer cryptocurrency at various points. So far, the Bitcoin price has gone from over $70,000 to below $50,000… Continue reading Crypto Analyst Says The Bitcoin ‘Summer Chop’ Is Nearing Its End, Here’s Why→

Bitcoin Could Drop To $40,600 If This Happens, Crypto Analyst Says

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An analyst has explained how Bitcoin could witness a drop to the $40,600 level based on a pattern forming in its 2-month price chart. Bitcoin Has Seen A TD Sequential Sell Signal On Its 2-Month Price In a new Tom Demark (TD) Sequential signal that has formed in the 2-month price of Bitcoin. The TD… Continue reading Bitcoin Could Drop To $40,600 If This Happens, Crypto Analyst Says→

Bitcoin Price Bounce at Risk: Is the Recovery About to Fade?

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Bitcoin price started a recovery wave from the $55,600 zone. BTC is now struggling to clear the $58,500 resistance and might decline again. Bitcoin is struggling to recover above the $58,500 zone. The price is trading below $58,200 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support… Continue reading Bitcoin Price Bounce at Risk: Is the Recovery About to Fade?→

Senator Lummis Claims Bitcoin Could Cut National Debt In Half By 2045

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As Bitcoin gains traction within the Republican Party, notably championed by former President Donald Trump, lawmakers are increasingly positioning the cryptocurrency as a cornerstone for US economic growth.  US Senator Cynthia Lummis is at the forefront of this movement, advocating for the Bitcoin Act, which aims to establish a strategic Bitcoin reserve for the United… Continue reading Senator Lummis Claims Bitcoin Could Cut National Debt In Half By 2045→