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Bitcoin price hits $24K, but analysts say on-chain data points to an ‘inevitable’ pullback

Bitcoin price hits $24K, but analysts say on-chain data points to an ‘inevitable’ pullback

by jordan finneseth | Jul 20, 2022 | Uncategorized

The crypto market rally continues, but analysts are on the fence about whether BTC and ETH will slip back into range or push closer to higher-timeframe resistance levels. Cryptocurrency investors continue to enjoy this week’s bullish price action after Bitcoin...
Bitcoin price holds $23.5K, leading bulls to say ‘it’s different this time’

Bitcoin price holds $23.5K, leading bulls to say ‘it’s different this time’

by jordan finneseth | Jul 19, 2022 | Uncategorized

Traders expect BTC price to venture into the $27,000 to $32,000 range now that Bitcoin looks to secure a daily close above its current range. Similar to Stockholm syndrome where captives develop a psychological bond with their captors, crypto winters have a way of...
Bitcoin price moves toward $24K and traders expect further upside, after a support retest

Bitcoin price moves toward $24K and traders expect further upside, after a support retest

by jordan finneseth | Jul 19, 2022 | Uncategorized

BTC price is racing toward $24,000, but analysts warn that a lower support retest is needed to confirm the strength of the current breakout. Crypto fans are rejoicing at the sight of green across the market on July 19 as the months of “down only” price action have...
Data points to a Bitcoin bottom, but one metric warns of a final drop to $14K

Data points to a Bitcoin bottom, but one metric warns of a final drop to $14K

by jordan finneseth | Jul 18, 2022 | Uncategorized

The bear market is far from over, but according to Glassnode, several metrics suggest that Bitcoin capitulation already occurred. “When will it end?” is the question that is on the mind of investors who have endured the current crypto winter and witnessed the demise...
Total crypto market cap reclaims $1 trillion as Bitcoin, Ethereum and altcoins breakout

Total crypto market cap reclaims $1 trillion as Bitcoin, Ethereum and altcoins breakout

by jordan finneseth | Jul 18, 2022 | Uncategorized

The crypto market capitalization pushed above $1 trillion after notable weekly double-digit gains from BTC, ETH and several large cap altcoins. Crypto traders found cause for celebration on July 18 as the total market capitalization climbed back above the $1 trillion...
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