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Bitcoin Crypto Analysis Cryptocurrency News

Bitcoin Price Analysis: BTC Facing Decision Point Today, Goodbye Party For $8000 Starting Now?

Since the massive price drop at the beginning of this week, and for the past three days, Bitcoin is trading a little above the $8000 support area. This $8000 support line is getting its strength from the 78.6% Fibonacci level, along with the mid-term ascending trend-line and the historic price support area of $8000. From Read more…

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Bitcoin Crypto Analysis Cryptocurrency News

Bitcoin Price Records 3-Weeks Low, But Can The Situation Turn Bullish? (BTC Analysis & Overview)

Since our previous analysis, Bitcoin was mainly ‘stuck’ trading between the range of $8600 – $8700. We had mentioned the possibility of a bullish breakout; However, the breakout did take place, but quickly turned into a fake-out upon reaching $8800. Overall, despite the lower highs trajectory, which is a bearish pattern, we can see that Read more…

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Bitcoin Crypto Analysis Cryptocurrency News

Analysts Expect Bitcoin Price Breakout as BTC Holds in $9,000 Range

Yesterday, Bitcoin (BTC) plunged by $300 in literal minutes, falling to as low as $9,200 after consolidating in and around $9,500. There were many saying that this flash crash-esque move validated their bearish analyses, which implied that BTC would return to the $8,000s in the coming days. However, true to the volatile nature of the Read more…

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Crypto Analysis Cryptocurrency News Ethereum

Ethereum continues to rise after pump as buyers maintain upper hand

The miraculous market pump on 25 October not only helped Bitcoin make historic gains on a single day, but also allowed altcoins to follow the suit, with many of the top altcoins registering double-digit gains. Ethereum, the second-largest cryptocurrency by market cap, also saw its price in the green after quite some time. At press […]

The post Ethereum continues to rise after pump as buyers maintain upper hand appeared first on AMBCrypto.

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Bitcoin Crypto Analysis Cryptocurrency News

Bitcoin Price: Is This the Start of BTC’s ‘Wildcard’ Rally?

Back in July, when bitcoin price was doing the five-figure rounds, popular YouTube crypto analyst, Alessio Rastani made a daring prediction. As per what he calls the ‘wildcard scenario’ BTC would drop down to the $7500-$8000 support before rallying hard. Did he make the right call?  The All Critical 200-Simple Moving Average Alessio is one Read more…

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Bitcoin Crypto Analysis Cryptocurrency News

Bitcoin Price Analysis: Bulls Reverse Entire Bearish Drop

[embedded content] Summary: A $1,500 candle proved bullish resolve for the bitcoin price as the entire bearish drop that occured this week was engulfed. The market is currently testing a major level in the $8,800s and there is a potential short squeeze setup that could propel the market even further. There are a ton of Read more…

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Crypto Analysis Cryptocurrency News Ethereum

Ethereum’s patterns set the stage for longs

Ethereum’s price has an extremely bullish bias due to formation of a descending channel on a higher time frame and the falling wedge on a lower time frame. The price of ETH is currently close to testing $160-$165 support. This support has been a major point since September 2018, breaking it could mean the bear […]

The post Ethereum’s patterns set the stage for longs appeared first on AMBCrypto.

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Crypto Analysis Cryptocurrency News Litecoin

No silver lining for Litecoin on breaching descending triangle

Litecoin has been struggling throughout 2019, and its price has seen on a constant decline since the start of July. Litecoin community had great hopes for the halving which took place in August, but the event failed to have an impact on the altcoin’s price. Litecoin was trading at $53.85 at press time with a […]

The post No silver lining for Litecoin on breaching descending triangle appeared first on AMBCrypto.