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Tag Archives: Recovery

Bitcoin’s Sideways Drift Has Shifted Price Recovery Target to $3.7K

View Bitcoin’s six-day-long consolidation near $3,600 has neutralized the bullish view put forward by a falling wedge breakout confirmed on Feb. 8. The follow-through to that bullish breakout has been extremely weak with prices unable to challenge the highs above $3,700 hit last Friday. A move above $3,711 (Feb. 8 …

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Major Currencies Gradually Roll Back After Short Recovery, Bitcoin Stays Over $3,600

Sunday, Feb. 10 — while Bitcoin (BTC) is managing to stay above the $3,600 price point for the third day in a row, other major cryptocurrencies are mostly in the red as the markets gradually roll back after short recovery, Coin360 data shows. Market visualization from Coin360 BTC has been …

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Cryptocurrency Prices to ”Stage Visible Recovery” in 2019, According to Fundstrat

The New York-based equity research outfit Fundstrat Global Advisors has recently published its 2019 cryptocurrency outlook. Moreover, cryptocurrency supporters suffering from bear market fatigue will be pleased to hear that the report describes several improvements that could support higher prices. Fundstrat expects 2019 to bring higher cryptocurrency prices Specifically, the …

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One Trader Thinks Recent 10% Rally of Bitcoin Could Lead to Something Much Greater: a Full-Fledged Recovery

The Bitcoin price today chartered into positive territory after weeks of bearish action near $3,400. It rose close to 10% while clearing through a stubborn resistance area of $3,480-3,500. A sudden spike is as incredible as it is scary. There are questions about its origins. Is it natural for an …

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Is This the Start of the Expected Recovery? Bitcoin BTC Price Analysis

From yesterday’s low at around $111,4B the evaluation of the cryptocurrency market cap has increased by 2,1 billion dollars, as it has spiked up today to $113,5B where it is currently sitting. Market Cap: $113,422,927,049 24h Vol: $16,298,720,630 BTC Dominance: 53.1% Looking at the global chart we can see that …

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Bitcoin Price Struggles to Mount Recovery as Chinese New Year Saps Trading Volumes

Heading into Thursday evening, the cryptocurrency market continues to feel uncomfortably quiet, with the Bitcoin price consolidating below $3,400 during the final days of the Chinese New Year celebration — an event that some analysts say is depressing crypto trading volumes. In the altcoin markets, Bitcoin SV staged a pivot …

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Trump’s Trade War Bombshell Pummels Dow, But Bitcoin Mounts Recovery

The battered US stock market enters the week’s final trading session with little hope of patching its previous-day wounds. Rather, trade war pessimism looks poised to deal further blows to the Dow and its peers, which are currently steeling themselves for major opening bell losses. The mood is slightly more …

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Bitcoin Price Struggles to Mount Recovery as Chinese New Year Saps Trading Volumes

Heading into Thursday evening, the cryptocurrency market continues to feel uncomfortably quiet, with the Bitcoin price consolidating below $3,400 during the final days of the Chinese New Year celebration — an event that some analysts say is depressing crypto trading volumes. In the altcoin markets, Bitcoin SV staged a pivot …

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Recovery awaits institutional buyers –Confluence Detector

Falling wedge pattern formation increases the chances of recovery after the current BTC price consolidation. Bitcoin requires a push above $3,500 for it to record significant gains. Bitcoin lull is resembling the price action in October 2017. The Spread between the BTC highest and lowest price dropped to $33 on …

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