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Prices


Bitcoin (BTC) is again trading in a narrowing price range above $6,400, but the lateral trading may soon give way to a rally, according to technical studies. The price consolidation comes after Monday’s big spike to three-week highs above $6,800, which weakened the bearish case put forward by last Thursday’s violation of key support. However, …

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Forcing a bitcoin (BTC) price breakout is looking anything but easy for the bulls, with the path to $7,400 being littered with resistance levels. Stepping back, the leading cryptocurrency jumped above $6,800 on Monday, neutralizing the bearish view put forward by a downside break of a trendline support last Friday. The sharp recovery from lows …

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Bitcoin defended a key long-term price floor as it recovered from the three-week lows near $6,200 hit on Friday. The leading cryptocurrency looked set to pierce the 21-day exponential moving average (EMA), which has been serving as a strong support since June, having witnessed a strong bearish move last Thursday. However, yesterday’s tether-led rally in …

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Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization has enjoyed a staggering price increase in excess of 150,000 percent since it was first listed on exchanges back in July 2010. Since then, the cryptocurrency has also experienced multiple bull runs, bear runs (the longest of which consumed much of 2014 and 2015) and stronger …

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Bitcoin (BTC) spiked 11 percent Monday, likely due to a sell-off in tether (USDT), but a bullish reversal is still not confirmed, technical charts indicate. The leading cryptocurrency jumped to a 2.5-month high of $7,788 at 06:45 UTC on Bitfinex – the cryptocurrency exchange that manages USDT developer Tether LLC. Interestingly, the stablecoin was down …

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The price of the tether stablecoin (USDT) has fallen to an 18-month low Monday, despite a general rise in the wider crypto markets. The tether-US dollar exchange rate (USDT/USD) fell to $0.925284 at 07:00 UTC  – the lowest level since April 27, 2017 – and was last seen trading at $0.967296, representing a 2 percent …

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Bitcoin, the world’s largest cryptocurrency by market capitalization, jumped by 11 percent on Monday, pushing prices above $6,900 for the first time in a month. CoinDesk’s Bitcoin Price Index shows that ,just after 5:00 UTC on Monday, bitcoin saw a sudden spike of $400 over the course of 60 minutes, and reached as high as …

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This post was originally published here Volatile price swings and plummeting valuations have been a reality for bitcoin investors of late, but those who own traditional equities haven’t been immune either. In fact, bitcoin and the S&P have correlated on and off for almost a year, each taking turns as the leading indicator. Bitcoin, the …

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Volatile price swings and plummeting valuations have been a reality for bitcoin investors of late, but those who own traditional equities haven’t been immune either. In fact, bitcoin and the S&P have correlated on and off for almost a year, each taking turns as the leading indicator. Bitcoin, the cryptocurrency advertised as digital gold due …

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After Thursday’s range breakdown, the prospects of a deeper drop in BTC prices have increased, the price-volume analysis indicates. The leading cryptocurrency, which traded in a sideways manner since Sept. 22, fell sharply to a three-week low of $6,220 on Bitfinex yesterday, confirming range breakdown. The technical indicators on the daily chart also turned bearish, …

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Bitcoin’s drop to three-week lows today has likely kick-started a bearish move towards the major support at $6,000, technical charts indicate. The leading cryptocurrency fell to $6,252 on Bitfinex – the lowest level since Sept. 19 – and was last seen trading at $6,300, representing a 5 percent drop on a 24-hour basis. The failure …

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Bitcoin is having a tough time scaling a key moving average hurdle that has kept the bulls in check for four weeks straight. The obstacle that is proving so hard to beat is the 10-week exponential moving average (EMA), which stalled a rally attempt from around $6,100 in mid-September. Since then, BTC has notably failed …

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Bitcoin saw a low-volume bullish breakout Monday, but the long-awaited move is sending mixed signals to investors The leading cryptocurrency cleared the trendline sloping downwards from the July 25 high and Sept. 5 high around midday yesterday, adding credence to the argument put forward by many, including billionaire investor Novogratz, that the market has carved …

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Bitcoin price volatility continues to drop, with one measure having reached a 15-month low. Weekly volatility, as calculated by the difference between the high and low, fell to $317 last week – the lowest reading since the first week of July 2017 – according to Bitfinex data. More importantly, the leading cryptocurrency witnessed a trading range …

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Timing an expected bitcoin price breakout after a prolonged period of consolidation is challenging, but a technical tool called the “choppiness index” may offer some insight. The leading cryptocurrency has been displaying very choppy (moving in a restricted range) and inconsistent price action for a while now. Further, volatility readings have hit multi-month lows, indicating …

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Ether (ETH), the world’s second largest cryptocurrency by market capitalization, has staved off an attempt by the bears to break a two-week uptrend. The cryptocurrency defended the trendline connecting the Sept. 17 low and Sept. 25 low yesterday, boosting the odds of a bullish break above the recent lower price high of $240. ETH also …

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Ether (ETH), the world’s second largest cryptocurrency by market capitalization, has staved off an attempt by the bears to break a two-week uptrend. The cryptocurrency defended the trendline connecting the Sept. 17 low and Sept. 25 low yesterday, boosting the odds of a bullish break above the recent lower price high of $240. ETH also …

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Bitcoin continues to trade in a narrow range for the 13th straight day and a move above $6,800 is needed to confirm a bullish breakout, according to technical chart. At press time, the leading cryptocurrency is trading at $6,600, representing a 1.65 percent gain on the day. BTC has been restricted to a narrow range …

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Bitcoin price is vulnerable to modest slippage as the persistent failure to beat a key moving average hurdle may embolden the bears. The leading cryptocurrency has been in a narrow sideways drift in recent days. More importantly, the sideways moving 50-day exponential moving average (EMA) has proved a tough nut to crack since Saturday. BTC’s …

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This post was originally published here Down 23.21 percent, MIOTA, the cryptocurrency that powers the IOTA software, has officially ended September’s trading period as the biggest loser among the largest 25 crypto assets by market capitalization. Data reveals MIOTA limped across the finish line as the month came to a close, expending declines that began …

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