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Most Popular Cryptocurrencies in India According to Exchanges

<header class=”article__header”> </header> <strong>Several Indian crypto exchanges have shared data with news.Bitcoin.com on the most traded cryptocurrencies on their platforms so far this year. Crypto enthusiasts in India have been buying and selling a wide range of cryptocurrencies despite the central bank’s roadblock which stops crypto exchanges from accessing banking services.</strong> Also read: Indian Government …

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Three Price Resistance Levels to Beat For Bitcoin Bulls

View Bitcoin’s bull revival, as signaled by the weekly chart indicators, is still in the nascent stage and will likely become more entrenched if and when prices clear the resistance levels at $4,190, $4,236 and $4,388. A high volume break above the three resistance levels could be followed by a rally to highs above $5,000. …

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Bitcoin Seeking Gains After Retaking Key Price Support

View The immediate outlook on bitcoin will remain neutral while prices are trapped in the range of $3,658-$3,900. A repeated failure to beat the 5-week MA support at $3,703 could invite buying pressures and yield a rally above $4,000, as that average is reporting bullish conditions for the first time since August. A UTC close …

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Bitcoin’s MACD Prints Strongest Bull Signal In Over a Year

The moving average convergence divergence (MACD) has become the latest charting indicator to signal bitcoin may soon see a trend reversal that could put an end to its months-long price decline. As reported, the money flow index (MFI), an indicator used to identify buy and sell pressure, created a divergence Sunday widely considered to be …

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MKR, THETA, ENJ, MET: These 4 Cryptos Outperformed the Market in February

With February’s crypto market activity now etched in the record books, signs are emerging that a long crypto winter may be close to an end. The total market value of all cryptocurrencies jumped 14.14 percent over the 28-day period – the first monthly gain since July, according to CoinMarketCap, largely due to signs of life in …

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Bitcoin Price May Rise in March Despite Month’s Bearish Track Record

View Bitcoin could end the five-year March losing streak with solid gains if resistance at $4,190 (high of last week’s inverted bullish hammer) is convincingly scaled in the next week or two. The cryptocurrency reinforced a bullish triangle breakout witnessed last week with a quick recovery from sub-$3,700 levels yesterday. This “buy the dip” mentality …

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Bitcoin Price On Track to End Six-Month Losing Streak

View Bitcoin appears on track to snap its six-month losing streak and close February in the green for the fifth consecutive year. BTC may remain better bid in March, as the weekly chart is signaling bearish exhaustion. The short-term outlook remains bullish, with BTC holding above $3,714 and a bounce from 10-candle MA on the …

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Bitcoin Price Holds Above $3,700 But Bulls Need Progress Soon

View Bitcoin’s defense of $3,700 is encouraging, but a positive follow-through is needed soon to invalidate a bear flag pattern that has developed on the hourly chart. A UTC close below $3,714 would validate Sunday’s bearish outside reversal candle and confirm a bullish-to-bearish trend change. The probability of BTC closing today below $3,714 would rise …

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Bitcoin Shorts Dropped to 11-Month Lows During Sunday’s Sell-Off

The number of short bets placed against the price of bitcoin on at least one notable exchange declined to their lowest total in 11 months on Sunday. Data from Bitfinex shows that bitcoin’s 8 percent drop in price on Sunday was accompanied by a 12 percent drop in the notional value of open short positions, …

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Long-Term Bitcoin Price Indicator Turns Bearish, Suggesting Bottom May Be In

A lagging indicator has turned bearish for the first time in four years, suggesting bitcoin’s price may have bottomed out and that a new bull run could begin this year. As of press time, bitcoin’s 50-week moving average has dropped below the 100-week MA, confirming a bearish crossover – the first since April 2015. Long-term …

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