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TA: Bitcoin Rate Back Below 100 SMA, Why BTC Might Retest $45 K

TA: Bitcoin Rate Back Below 100 SMA, Why BTC Might Retest $45 K

Bitcoin price failed to stay above $50,000 and $49,000 against the US Dollar. BTC is now below the 100 hourly SMA and it is likely to continue lower towards $45,000 Bitcoin started a fresh decline below the $50,000 and $49,000 support levels. The price is now trading well below $50,000 and the 100 hourly simple…
Bitcoin “Cheat Sheet” Require Next Upper Hand To $77 K

Bitcoin “Cheat Sheet” Require Next Upper Hand To $77 K

Bitcoin price is taking its time consolidating around $50,000 but could be preparing for the next major leg up to around $77,000 per coin, according to what one trader calls a “cheat sheet” to the current crypto market bull run. The “cheat sheet” is a fractal from the past that is playing out once again…
Bloomberg Chief Expert States Bitcoin Might “March To $100,000” From Here

Bloomberg Chief Expert States Bitcoin Might “March To $100,000” From Here

Bitcoin is currently struggling to reclaim $50,000, but one chief Bloomberg analyst says that the cryptocurrency could be ready to “march” toward $100,000 per coin in the near term. Here’s the data the senior commodity strategist says backs up the theory for the “nascent” cryptocurrency’s price doubling in short order. Bitcoin Building Foundation At $50,000,…
Bitcoin Affect? Billionaire Fund Supervisor Sells 1.8 M Tesla Shares for Customers

Bitcoin Affect? Billionaire Fund Supervisor Sells 1.8 M Tesla Shares for Customers

Less than a month after US carmaker Tesla revealed its $1.5bn Bitcoin holdings, one of the company’s most vocal bullish investors announced that he had sold 1.8 million of its shares for clients. Ron Baron, the founder of Baron Capital, an investment management firm in New York, said his firm sold TSLA stocks for its…
Bitcoin on Back Foot as Focus Relies On Powell Speech; What to Anticipate?

Bitcoin on Back Foot as Focus Relies On Powell Speech; What to Anticipate?

Bitcoin dropped during Asia-Pacific and European trade Thursday as rising bond yields prompted concerns that central banks may begin tightening monetary policies sooner-than-expected. The benchmark cryptocurrency fell up to 3.59 percent to $48,562, extending its decline after setting up a week-to-date high level at $52,666 in the previous session. Elsewhere in the crypto market, high-cap…