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Category: Bitcoin

Bitcoin Recovers Sharply, Why BTC Could Still Struggle Above $20,500

Posted on July 1, 2022

Bitcoin declined towards the $18,500 support zone against the US Dollar. BTC recovered sharply, but the bears are still active near the $20,500 and $20,650 levels. Bitcoin climbed higher sharply after there…

Bitcoin Dips Further, Why BTC Could Revisit $20K

Posted on June 28, 2022

Bitcoin is moving lower below the $21,000 zone against the US Dollar. BTC could gain bearish momentum below the $20,650 support zone. Bitcoin struggled to rise above $21,200 and declined towards $20,650….

Bitcoin Could Restart Increase If The Bulls Clear This Resistance

Posted on June 23, 2022

Bitcoin is consolidating above the $20,000 zone against the US Dollar. BTC must clear the $20,800 resistance to restart increase in the near term. Bitcoin corrected gains and tested the $19,800 support…

Bitcoin Remains In Downtrend, Risk of Drop Below $20K

Posted on June 17, 2022

Bitcoin failed to recover above $23,000 against the US Dollar. BTC started a fresh decline and remains at a risk of a move below the $20,000 support. Bitcoin failed to climb above…

Bitcoin Dives 10%, Why BTC Could Even Break $25K

Posted on June 13, 2022

Bitcoin broke the key $28,500 support zone against the US Dollar. BTC is down 10% and might even decline below the $25,000 support zone. Bitcoin extended its decline below the $28,500 and…

Bitcoin Forms Bullish Pattern, Why Break Above $31.5K Is The Key

Posted on June 8, 2022

Bitcoin remained strong above the $29,500 support against the US Dollar. BTC could start a major increase if there is a clear move above the $31,500 resistance. Bitcoin started a fresh increase…

Bitcoin Attempts Fresh Increase, Why 100 SMA Is The Key

Posted on June 3, 2022

Bitcoin fund support near $29,350 and recovered higher against the US Dollar. BTC must clear the $31,000 resistance and the 100 hourly SMA to continue higher. Bitcoin started a recovery wave from…

Is Bitcoin Headed For Its Ninth Red Weekly Close?

Posted on May 27, 2022

This week, Bitcoin had made history when it recorded its eighth consecutive red weekly close. This first-of-its-kind streak had cemented the digital asset on one of the worst bearish trends that have…

Bitcoin Price Stuck In Key Range, Why Dips Might Be Limited

Posted on May 24, 2022

Bitcoin failed again to clear the $30,600 resistance zone against the US Dollar. BTC is declining, but the bulls might remain active near $28,500. Bitcoin failed to gain strength for a move…

Bitcoin Trims Gains, Why BTC Could Start Fresh Decline

Posted on May 19, 2022

Bitcoin extended decline and traded below $29,000 against the US Dollar. BTC must stay above the $28,500 level to avoid a sharp decline in the near term. Bitcoin started a fresh decline…

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