BITCOIN Archives - Page 122 of 127

June 06, 2021

Bitcoin (BTC/USD) Price Nears Lower Range-line

Bitcoin Price Prediction – June 6It appears that the BTC/USD market operations have continually featured in well-defined range-bound areas over some days. In the last few hours, the crypto’s price trades around the level of $36,000 at an average of 1.19 percent increase. BTC/USD MarketKey Levels:Re...

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June 03, 2021

Bitcoin Market Analysis: CryptoQuant Reveals Bullish Potential for BTC

According to a new report from CryptoQuant, Bitcoin (BTC) might be on its way to a massive leg up based on several on-chain indications. Some of these indications include the fact that miners have stopped offloading newly-minted coins into the market, likewise long-term hodlers. Also, the Stablecoi...

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June 03, 2021

Bitcoin (BTC/USD) Approaches Resistance of $40,000

Bitcoin Price Prediction – June 3Over a couple of notable trading days’ sessions back now, the market of Bitcoin pairing the US Dollar has mostly traded around or a bit below the resistance level of $40,000. Price, as of writing, trades around the value of $37,878 with about a 3.90% increase. BTC/U...

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June 01, 2021

Bitcoin Market Analysis: Long-Term Holders are Not Selling

According to the weekly on-chain report from analytics company Glassnode, the rate at which older Bitcoin (BTC) gets spent has decreased significantly. This insight is indicative that many traders are willing to hold their assets through the current market consolidation. Glassnode noted that: “A pe...

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May 30, 2021

Bitcoin Price Analysis: Market Regains Modest Bullish Momentum

Last week, the crypto market saw billions of dollars flow out of the industry as Bitcoin (BTC) struggled to stay afloat. After a failed attempt at the $40k level, BTC plunged below the $34k level yesterday. At press time, the benchmark cryptocurrency trades at $36,200 per unit and is up by 4.7% aga...

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May 30, 2021

Bitcoin (BTC/USD) Hits $40,000 Resistance While Rallying

Bitcoin Price Prediction – May 30In the recent wake of trying to rally from a falling force, the Bitcoin’s valuation as pairing with the US Dollar hit $40,000 resistance to now trade at a lower level of around $34,909. As of writing, the crypto-economy records a 0.45% increase. BTC/USD MarketKey Le...

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May 27, 2021

Bitcoin Remains Choppy Despite Renewed Investor Optimism

Bitcoin (BTC) and the rest of the cryptocurrency industry slipped lower in the early hours on Thursday. However, the cryptocurrency did not fall to its recent lows as most traders are optimistic that BTC is recovering. Bitcoin fell to the $37,120 low in the Asian session today, while Ethereum (ETH)...

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May 26, 2021

Bitcoin (BTC/USD) Tests the Immediate $40,000 Resistance

Bitcoin Price Prediction – May 26The market operation of Bitcoin and the US Dollar now converges around the levels of $40,000 and $35,000. The higher value earlier mentioned has only being tested about a couple of three days’ sessions from below. The crypto market is trading at about a 0.86% increa...

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May 25, 2021

Bitcoin Recorded Worst Weekly Decline In History: Glassnode Report

Analytics data provider Glassnode has broken down last week’s Bitcoin (BTC) and crypto market slump in its “Week on Chain” report released yesterday. BTC fell from a weekly high of $59,460 to lows of $31,320, recording a massive -$28k weekly candle, the worse in history. Glassnode added that the do...

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