Dead cat jump or forward to $30,000? The price of bitcoin exceeded $23,000
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After a long period of suffocating sideways, Bitcoin is showing a desperate rally, which experienced traders look at with great disbelief. According to the Cryptocurrency Screener Cryptovizorwhich determines the market price of BTC/USD based on the results of trading on the largest spot exchanges, today the asset reached a new 5-month high at $23,375. 1 week bitcoin chart. Source: Cryptovizor As shown in the chart, Bitcoin is approaching important resistance at the 200-week moving average (200WMA). On the other hand, the 50-week moving average is about to cross the 200WMA from top to bottom – this is the so-called “death
Bitcoin (BTC) hovered at $22,000 at the July 18 Wall Street open as analysts warned that bulls would not break resistance in one go. BTC/USD 1-hour candle chart (Bitstamp). Source: CoinPrice.Watch Can Bitcoin win back bear market support? Data from Cointelegraph Markets Pro and CoinPrice.Watch showed BTC/USD returning to consolidate after…
As long as the Bitcoin dominance stays above the Bull Market Support Band, there will be no altcoin season, an analyst has suggested. Bitcoin’s price recently experienced a slight uptick, trading around $104,800 amid a modest increase of about 0.5%. This price movement followed a brief decline to $103,600, which…
Bitcoin (BTC) filled the CME futures gap in advance prior to the Wall Street open on Feb. 14, reaching $42,870. BTC/USD 1-hour candle chart (Bitstamp). Source: CoinPrice.Watch Trader: Volatility... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source…