Bitcoin Price

Bitcoin Price Slides to $8.5K as 200MA Resistance Keeps Bulls in Check

Bitcoin (BTC) dipped below $8,500 on Jan. 23 as traders’ expectations of a slow downtrend from recent highs appeared to slowly come true. Cryptocurrency market daily overview. Source: Coin360 BTC returns to $8,400s Data from Coin360 and Cointelegraph Markets showed BTC/USD reach lows of $8,480 overnight on Wednesday. At press time, Bitcoin hovered at around …

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Bitcoin Price Drops Over $500 in 5 Minutes, Top Altcoins Also See Red

Sunday, Jan. 19 — most of the top 20 cryptocurrencies are reporting severe losses on the day by press time as well as Bitcoin (BTC) which now hovers just under the $8,600 mark falling from today’s high of nearly $9,200, making it a 7.32% loss. Market visualization courtesy of Coin360 Bitcoin price is currently down …

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Bitcoin Bull Market Gains Steam, Breaks $9K for the First Time in 2020

On Jan. 18, Bitcoin (BTC) price finally made a strong push through the resistance level at $9,000 and rallied to $9,194 before pulling back slightly. BTC price has reached its highest level since early November, hitting $9K for the first time in 2020.  BTC USD daily chart. Source: TradingView The upside move brought the price …

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Bitcoin Price Ready to Push Above Key Resistance to Hit $10,000

Bitcoin (BTC) price sees a tremendous start of the year as it surged 25% year-to-date. Not only has Bitcoin been flourishing over the past few weeks, but altcoins have also been following along. Will Bitcoin continue the upward momentum, or is it a temporary top close? Crypto market daily performance. Source: Coin360 Bitcoin breaks the …

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‘Weak Hands Are Out’ — Trader Who Called $20K Bitcoin Top Calls Bottom

Bitcoin (BTC) investors who are waiting for a price dip to even $6,000 have “missed” their opportunity already, veteran trader Peter Brandt says. In a market discussion with Cointelegraph on Jan. 17, the 40-year market stalwart said that contrary to what some believe, BTC/USD has already hit its floor. Brandt: “The weak hands are out” …

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Bitcoin Price Rally to $9K in Danger as a Double Top Pattern Appears

Over the last few hours, Bitcoin price (BTC) swiftly dropped 3% from $8,863 to $8,557 and for the third time in 24 hours bulls were forced to defend the $8,600 support level, which has currently been bought into on each dip.  The pullback came after the digital asset struggled to rise above $9,000, twice testing …

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BSV Soars 95% Challenging Its Original Fork Bitcoin Cash for Top 5

On Tuesday Bitcoin price (BTC) pushed through $8,600 and rallied all the way to $8,859 before taking what appears to be a breather near $8,750.  As reported earlier by Cointelegraph, crypto analyst Tone Vays predicted that if Bitcoin price gained above $8,600, $8,800 would serve as the next level of stiff resistance. At the time …

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Bitcoin Price Hits 2-Month High at $8.7K as 3 Bullish Factors Converge

Bitcoin (BTC) surprised traders and analysts alike on Jan. 14 after BTC/USD broke out of its already bullish channel to strike at resistance levels near $8,600. Cryptocurrency market daily overview. Source: Coin360 BTC climbs 2% in an hour Data from Coin360 and Cointelegraph Markets showed Bitcoin jump 2% in just over an hour on Tuesday …

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Bitcoin Price Breaks Above Key Resistance Levels as Bulls Target $8.6K

Bitcoin (BTC) price has at last crossed above the $8,300 resistance, setting the digital asset up for a run at $8,500 and restoring bullish momentum to the current uptrend which has seen the price rise from $7,655 to $8,483 over the past week.  Cryptocurrency market weekly overview. Source: Coin360 For the second time in a …

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Bitcoin Holding $8K as Support but What Will it Take to Break $10K?

Bitcoin price (BTC) closed the week at $8,180 representing an 11% gain for the week after struggling to break the resistance at $7,600 for most of November and December. The price is down around 1% on Monday but the bulls have retained the $8K handle. Total market cap excluding Bitcoin was up 12.5% last week …

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