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Bitcoin Cost Likely Bottomed at $7,700, Will Resume Uptrend: Indicators

Bitcoin Cost Likely Bottomed at $7,700, Will Resume Uptrend: Indicators

Since Bitcoin’s bulls were sidelined in late-June, cryptocurrency investors have been wondering at which point will the pain stop, at which point will BTC resume its uptrend to potentially new all-time highs. For months, nobody had an answer. Bitcoin fell through $13,000, then $10,000, then $8,000 most recently. And still, some are calling for another…
XRP Rally Pauses at Historic Resistance Level as Crypto Markets Falter

XRP Rally Pauses at Historic Resistance Level as Crypto Markets Falter

XRP has been one of the best performing cryptocurrencies in recent times despite its lackluster price action throughout the first half of the year, and its recent series of surges have brought its price to just below its historical resistance level around $0.30. It is important to note that XRP has lost some of its…
Bitcoin Cost Strikes $8,150 in 3.5% Bounce; Can Bulls Press BTC Greater?

Bitcoin Cost Strikes $8,150 in 3.5% Bounce; Can Bulls Press BTC Greater?

Bulls are finally back. After a few days of bearish price action, Bitcoin (BTC) has bounced higher, rallying from Saturday’s $7,900 daily lows to $8,175 as of the time of writing this piece. That move represents a 3.5% gain. Altcoins have followed suit, with a majority of large caps like Ethereum and XRP also experiencing…
Bitcoin Deals With Possible Drop to $7,000 as Sellers Grow Aggressive

Bitcoin Deals With Possible Drop to $7,000 as Sellers Grow Aggressive

Bitcoin (BTC) has continued to trade sideways around $8,000 after recovering slightly from its recent drop to the upper-$7,000 region, but its bulls have failed to garner any notable upwards momentum following this slight recovery, which may spell trouble for its near-term price action. Analysts are now noting that Bitcoin’s “bedrock” support in the near-term…
Bitcoin (BTC) Rate Weekly Projection: Susceptible Listed Below $8K-$ 8.2 K

Bitcoin (BTC) Rate Weekly Projection: Susceptible Listed Below $8K-$ 8.2 K

There was a steady decline in bitcoin price below the $8,200 support against the US Dollar. The price is currently trading below $8,000 and it remains at a risk of more losses. There is a major bearish trend line forming with resistance near $8,100 on the 4-hours chart of the BTC/USD pair (data feed from…