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Bitcoin Price Analysis: BTC Surge Leaves $570 CME Gap

Bitcoin Price Analysis: BTC Surge Leaves $570 CME Gap

Bitcoin trading

Bitcoin price posted an impressive 8.7% surge over the weekend has left another sizeable gap in the CME Bitcoin Futures chart – this time around the psychological $9K mark. Are we going to be in for a turbulent week? Let’s take a look. 4-Hour Bitcoin Price CME Futures Chart Between the 15-16 June, bullish traders catapulted Bitcoin price over the critical $9K level after rejecting a bearish rising wedge pattern the day before. Because of

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Bitcoin Price Analysis: Bears in ‘Disbelief’

Bitcoin Price Analysis: Bears in ‘Disbelief’

bitcoin price chart analysis

Bitcoin price closed the week at $8,974, up 17.6%, marking a tremendous recovery from the previous week, completely reversing the loss in valuation from the previous week and putting in a new yearly high of $9,391. Let’s take a look whether Bitcoin price can continue onwards and upward and breakthrough the $10k psychological barrier. Bitcoin Price Weekly Chart The weekly chart shows the bitcoin price moving from lows of $3,322 to highs of $9,391. This

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Bitcoin prices would go upto $60,000 by August 2020 according to Stock-to-Flow analysis

Bitcoin prices would go upto $60,000 by August 2020 according to Stock-to-Flow analysis

In terms of improved market cap in the past few years, Bitcoin has been one of the most progressively growing virtual asset and the digital currency almost summoned a major price pump since the start of 2019. Due to higher consolidation, analysts in the crypto space had suggested that Bitcoin might be heading towards another […]

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Bitcoin Price Analysis: Short Squeeze Pushing Up BTC Price to $8.5K

Bitcoin Price Analysis: Short Squeeze Pushing Up BTC Price to $8.5K

bitcoin price chart

Bitcoin buyers are attempting to reject the bearish rising wedge pattern right now, after a short squeeze on the Bitcoin futures market elevated the price beyond $8,300. Will bulls be able to maintain this momentum, or will the heavy selling pressure prove too much to handle? Let’s take a look. Bitcoin Daily Cha rt On the BTC/USD daily chart, we can see that the price is still constricting inside the rising wedge pattern that we identified

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