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Prices

Bull Case for Bitcoin Weakest Since February, Price Indicator Says

View Bitcoin’s bullish momentum has weakened to five month lows, according to Chaikin Money Flow indicator. That, coupled with the bearish lower highs pattern on short duration chart indicates BTC could fall back to the recent low of $9,049 and may even break lower. BTC may bounce back to $10,300 if sellers again fail to …

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How Big Hydro Power Partners With Bitcoin Miners to Prevent Energy Waste

</header> <strong>We are often told that the verification of bitcoin transactions eats a lot of energy. The largely inaccurate comparison to a small country, the size of Ireland or Denmark, is evoked thanks to numerous clickbait headlines. What mainstream media fails to explain, however, is that bitcoin mining is actually helping electricity producers prevent energy …

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Bitcoin Price Ends Longest Losing Streak Since December

View Bitcoin logged gains in the three days to July 20, snapping the longest losing streak on the three-day chart since December. The bias, however, is still bearish with prices holding below $11,080 (as per Bitstamp). Key indicators on short-duration charts are biased for a fall back below $10,000. A 4-hour close above $11,080 would …

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Using the Awesome Oscillator to Find Bitcoin Buy and Sell Signals

Few trading tools are as simple and as elegant as the “Awesome Oscillator.” First developed by American trader Bill Williams, the aptly named Awesome Oscillator (AO) is a momentum indicator that takes advantage of an immediate trend. The AO plots its data using a histogram, similar to how the MACD histogram functions, in that it delivers …

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Altcoins Back on the Rise With Litecoin Leading the Charge

The crypto markets are once again back on the rise with litecoin (LTC) leading the way in the top 10 cryptocurrencies at CoinMarketCap. The price of bitcoin (BTC) jumped by more than $1,000 in the expanse of 30 minutes yesterday, with the rest of the market following suit, rising between 5-20 percent, while Litecoin (LTC) outperformed …

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Market Outlook: Crypto Bulls Rally After Bearish Downturn

<header class=”article__header”> </header> <strong>Since July 13, digital currency prices have dropped in value significantly, but most coins have since experienced some recovery. While many crypto supporters are optimistic on where the markets are headed, traders and analysts have noticed a bullish-to-bearish trend. <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> and a slew of other currencies spiked …

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Bitcoin Price Jumps $1K In 30 Minutes to Top $10,000 Again

Bitcoin surged $1,000 in just 30 minutes during U.S. trading hours Thursday, a move that found the leading cryptocurrency rising from $9,335 to a high of $10,400, based on Bitstamp data. Prices had dropped to a low of $9,280 at 14:00 UTC, having repeatedly failed to beat the psychological resistance of $10,000 in the Asian session …

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The Case $7.5K Could Become Bitcoin’s New Price Support

Amidst a decline in the price of bitcoin, the world’s most valuable cryptocurrency could find support at $7,500 – that is if it follows past patterns on the charts. Bitcoin has faced selling pressure over the last few days, despite an impending golden crossover on the three-day chart – a bullish crossover of the 50- …

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Key Bitcoin Price Indicator Turns Bearish in First Since December

View Bitcoin could fall to the July 2 low of $9,614 and may break lower in the short-term, as the widely tracked MACD (moving average convergence divergence) histogram on the three-day chart has turned bearish for the first time since December. Buyer exhaustion above $12,000, as seen on the weekly chart, also supports the case …

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Below $10K: Bitcoin Price Drops $1.4K in 24 Hours to Hit 2-Week Low

The cryptocurrency markets fell sharply on July 14 after bitcoin (BTC) endured another $1400 sell-off, denying the bulls a chance to revisit 2019 highs. At 09:00 UTC on July 14, BTC began to shed $1400 from its price tag, dropping below $11,000 and then $10,500 for the first time since July 2. Prices had initially …

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