Will Bitcoin retrace by 30%? Here’s what analysts think

Bitcoin saw a sharp drop in price last month that led to the asset closing the month of April below $40,000. According to a new analysis, the move is going to prove pivotal for the next upwards bounce of Bitcoin.

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Bitcoin price outlook for 14 April: Here’s what analysts are saying about BTC

Bitcoin continues to hold above $40,000 after Wednesday’s bounce from prices near $39,000. Bulls are looking to break higher but face a stiff challenge at the key supply zone around $42K. It’s looking weak for BTC but some analysts remain upbeat about short-term prospects.

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Venus Global Chain Lists on P2PB2B on April 11th

Venus Global Chain: What is it? Venus Global Chain’s creation is the realization of the founder’s dream. The company offers investors a wide range of opportunities. The world’s most successful crypto token was created by an impressive team of crypto enthusiasts, financial analysts, and a large community.

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Bitcoin price forecast for April 8: what 5 analysts are projecting

Bitcoin is looking to hold above $42. 6K after a retreat below the support area at $43,000 in intraday deals on Friday. The BTC-USD pair is currently hovering near the $42,750 price level, which could be crucial to bulls’ attempts to recoup this week’s losses going over the weekend.

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Bitcoin Drops to $45K Support as Analysts Point Out Seasonally Bullish April Month Ahead

A psychological phenomenon tied to the beginning of spring may cause bitcoin prices to jump in April, one analyst commented.

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Andre Cronje’s DeFi Exit And What It Means For The Crypto Space

Andre Cronje and Anton Nell are leaving the DeFi space. Projects related to Cronje will be terminated in April. Analysts fear that the news puts billions of dollars invested in the projects at risk.

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Missed The Bitcoin Dip? Analysts Pinpoint Next Entry Zones To Watch Out For

Richard Branson once said that “Business opportunities are like buses; there’s always another one coming” and this holds true with Bitcoin. As Bitcoin edges closer to recouping April’s high of $64,854, this presents yet another make-or-break moment for the entire crypto market, with some quarters preparing for the worst in expectation of a massive dump. Even […]

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Bitcoin passes technical resistance levels, bullish trend continues

Bitcoin’s (BTC/USD) technical bias turned bullish as the price passed key resistance levels, analysts report. The king of crypto’s ascent continues today. On Wednesday, the cryptocurrency jumped above $55,000, cutting the downtrend line that linked the September highs near $52,000 and April high of $64,801.

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Analysts: Bitcoin ‘whale’ behaviour that preceded April’s $64,000 high is back

Holders of massive amounts of Bitcoin (BTC) are continuing to buy the asset regardless of the recent dip in crypto markets, data from several sources shows.   Some analysts say such investment behavior is what precedes bull runs, hinting that another may be on the cards in the next few months.

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Bitcoin closes strongest weekly candle since April

Bitcoin made gains of 12.5% last week and various analysts are now predicting a…

The post Bitcoin closes strongest weekly candle since April appeared first on Coin Journal.

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US Dollar Drops to a Three-Year Low, Greenback Could Dip 10% Lower, Fed Still Not Ready to Taper QE

America’s currency has been flirting with lows again, as the U.S. Dollar Index (DXY) dropped to a low of 89 on Tuesday and the following Thursday. This is the third time since April 2018, the DXY has been this weak, and some analysts think the currency could drop even lower. US Dollar ‘Is a Bit […]

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Ethereum breaks away: Several factors power ETH all-time high push

Ethereum hit new all-time highs after a rocky April. Developers and analysts delve into the factors behind ETH price surge.

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Why these analysts predict a Bitcoin’s price at $80,000 by April?

With Bitcoin’s price barely holding above its support level, indicators are turning more bullish. After this period of sideways movement, BTC could be poised for a big upside move soon. Glassnode co-founders Yann Allemann and Jan Happel have shared data from the firm that points to a high appreciation in BTC price. This is due […]

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Max Pain: Why Bitcoin Could Trade Sideways Until April 2021

Bitcoin price action is currently confusing crypto traders and analysts and the reaction after reaching a new all-time is not what anyone expected. The leading cryptocurrency by market cap was thought to explode once a new high was made, but instead, another up to six months of sideways could bring max pain to eager investors […]

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Crucial Weekly Bitcoin Momentum Indicator Opens Red For First Time Since April

Across crypto Twitter, analysts claim that Bitcoin price just had an extremely bullish close, but a crucial momentum measuring indicator says otherwise. In fact, the tool just flipped bearish for the first time on weekly timeframes since April 2020, right after the Black Thursday rebound and pre-halving rally.

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Once-a-Cycle Bitcoin Bull Signal Just Appeared for the 1st Time Since 2016

Over the past few weeks, many analysts have questioned if Bitcoin is really on the verge of a bull market. After a strong rally in March, April, and May, the cryptocurrency sustained a heavy rejection at $10,500 at the start of June.

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As XRP Rallies, Here’s the Level Top Traders Plan on “Shorting With Fury”

The aggregated cryptocurrency market is beginning to flash some signs of strength after an extended period of sideways trading Altcoins have been leading the market higher, as Bitcoin has remained stagnant within its long-held trading range This upwards momentum has even allowed XRP to rally, with this marking the first notable surge it has seen since April Analysts are noting that it could continue climbing higher in the near-term before hitting a crucial resistance level […]

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Analysts: investors accumulate stablecoins ahead of halving

The total capitalization of stablecoins is approaching $10 billion. In April 2020 alone, Tether issued more than $1 billion in USDT coins.

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Can Bitcoin Price Eclipse $10k Before Halving? Here’s What Analysts Think Will Happen

Bitcoin on April 29, reached the $8,000 mark for the first time since Mid-March and a vital factor behind the surge is attributed to the incoming halving event. The Bitcoin halving event has a proven track record of spiking the price value of the digital coin pre and post-event as Bitcoin has seen unprecedented rises […]

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Top Technical Analyst Claims Latest Bitcoin Engulfing Candle Isn’t Bullish

Last night’s Bitcoin monthly April candle closed as a bullish engulfing, often considered a reversal candle by traders and analysts. Bulls must beware, however, as one of the most respected top technical analysts recommends not trading this setup when the primary trend is down, as more often than not it leads to another devastating crash....

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Cryptocurrency News Roundup for April 27, 2020

Bitcoin is struggling to overcome stubborn resistance around $7,800 despite two consecutive attempts on Monday. The possibility of a retreat to $7,600 seems likely. Some analysts believe the dip could take BTC to $7,400 before embarking on a new rally towards the psychological barrier at $8,000.

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If History Rhymes, Bitcoin Will Soon Rocket Into a Full-Blown Bull Run

Bitcoin has performed extremely well over the past few days, rallying from last week’s lows at $6,800 to a high of $7,800 on April 23rd. It was a move that liquidated dozens of millions of dollars worth of short positions and convinced analysts to put credence in the BTC bull case. According to a popular...

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TSLA Stock Down 2.76% in Pre-market ahead Tesla Q1 2020 Report, Is It a Buy Now?

Coinspeaker TSLA Stock Down 2. 76% in Pre-market ahead Tesla Q1 2020 Report, Is It a Buy Now?On April 29, Tesla will release the first-quarter 2020 earnings. Analysts have already made their predictions, and now we have to wait to see whether Tesla has beat their expectations or not.

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Bitcoin Unlikely to Plummet By Another 30%, Declares Analyst

As Bitcoin bulls have failed to maintain the momentum seen from April to late-June, fear has started to grip the cryptocurrency market. Related Reading: Bitcoin Price Rallies On Latest Trump Volley, Analysts Expect Further Upside Analysts are starting to suspect that BTC has further downside, despite the fact that it has already collapsed 35% from.

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Brace Up for More Altcoin Drops as Bullish Season Might Still be Quite Far Away

Recently, a few Bitcoin analysts expressed a pretty bearish opinion for Bitcoin. The 2018 bear market came to a halt early in April 2019 and Bitcoin began a fantastic mouth-watering rally for many weeks after that.

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Bitcoin Dominance Continues To Rise, Dashing Hopes Of An Altseason

As the price massacre continues from the weekend, altcoin holders face further anguish by way of rising Bitcoin dominance. As things stand, Bitcoin dominance is at 66%, a level not seen since April 2017.

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Crypto Capitulation: An Altcoin Obituary, Or the Biggest Buy Signal Ever?

Since the start of April 2019 when Bitcoin rallied over $1,000 in a matter of a few minutes, the first ever crypto asset has taken the market by storm, capturing the attention of all crypto traders, investors, and analysts – but at the expense of the altcoin market.

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With Altcoins on the Rise, do Analysts Expect For Bitcoin (BTC) to Outperform?

Ever since Bitcoin (BTC) began to rally in April, altcoins fell out of favor with most in the crypto community. No longer were people looking for the next winner, they were instead trying to determine where the leading crypto asset would top out.

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Those Expecting an Altcoin Season May be Very Disappointed – Peter Brandt

Bitcoin (BTC) has been on the rise in the bull market since April 2019. It has increased over 300% so far this year and metrics indicate it could be going much higher to reach a new all-time high.

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Bullish Bitcoin on Course for Further Gains after 110% YTD Spike

  By CCN Markets: Since achieving a new 2019 high at above $9,000 at most major crypto exchanges, the bitcoin price has dropped to around $7,900 by more than 12 percent against the U. S. dollar.

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Peter Brandt Turns Back on “Parabolic” Price Prediction as Crypto Market Corrects

The interesting progress made by the cryptocurrency market since April has come to a rather discouraging break. The market led by Bitcoin has been on a pretty sharp decline from the promising moves in the last 24 hours.

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Crypto Enthusiast Predicts A Minimum of Two More Significantly Bullish Years for Bitcoin

Ever since the crypto winter that started in 2018 ended earlier in April, Bitcoin has enjoyed a favorable outlook from the entire market including, traders, investors, analysts, and even non-crypto financial experts.

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Bitcoin (BTC) Going Full ‘Bull-tard’ Now Violates Long-Term Trends: Analyst

Analysts Expect Looming Bitcoin Pullback Bitcoin (BTC) has been on an absolute tear over the past two months. Since the fateful April 1st, we’ve seen the crypto asset explode by over 100%, pulling up altcoins.

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Tesla Stock: CNBC Laughably Suggests TSLA Will Surge 90%

By CCN: CNBC must really be hurting for content, or its owners must be long on Tesla stock. That’s the only explanation for Keris Lahiff’s sensationalist headline trumpeting, “Tesla rallied 90% the last time it suffered a pullback of this size.

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Tom Lee: Bitcoin’s Move Back to $8,000 Confirms The End of Crypto Winter

There is no doubting that Bitcoin and crypto markets have been on fire recently. Since the beginning of April Bitcoin has almost doubled in price driving market capitalization back over $200 billion again.

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Bitcoin Price Continues Its Massive Rally, Surpassing $8,000

Bitcoin price is up another 14% today as the cryptocurrency briefly surpassed the $8,000 level, currently trading at $7,963 on Bitstamp. The recent bull run began on April 30th and the cryptocurrency has almost doubled in price in the past 2 weeks.

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So Much for $6000 Resistance, Bitcoin (BTC) Price Dominance Reaches Sixteen Month High

After a week of bullish price movement, U. S. -based investors awoke May 11 to the sight of Bitcoin up 8 percent, approaching a relative high of $7000. Despite April’s bullish turn in the crypto markets, analysts.

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Bitcoin’s [BTC] hold at $5,500 indicative of a massive bullish swing, says prominent analyst

Since the beginning of April, Bitcoin [BTC] has seen its price surge by over 40 percent, coupled with several positive signs. The inflow of institutions, adoption, market dominance and more have pointed to bullish signs for the king coin and collective market, with several analysts suggesting the price will hold.

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Analysts Flip Bullish En-Masse Predicting Bitcoin’s Price to Jump Above $7,000 BTC/USD

Just like April, March has started off on a good note as we saw Bitcoin price going from around $5,130 to $5,775 yesterday. Today, the leading cryptocurrency surged to just above $5,800. At the time of writing, BTC has been trading at $5,734 with 24-gains of 1.34 percent on Bitstamp while on Bitfinex, it is […]

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Analyst: Bitcoin’s Bullish Monthly Close May Signal That Parabolic Run is Imminent

April has proven to be a very positive month for the crypto markets, and Bitcoin’s ability to decisively surge into the $5,000 region without incurring any significant selling pressure has shifted the overall market sentiment to be slightly more bullish as many analysts expect BTC to see further gains in the near-future.

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China’s Huawei Quashes Analyst’s Bullish Apple Stock Price Prediction

By CCN: Wall Street is showering love on Apple’s stock. The iPhone maker recently hit a $1 trillion valuation. Analysts and investors are willing to overlook the problems with the company’s second-quarter earnings report, including Gene Munster.

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Crypto Bulls Rejoice As Bitcoin (BTC) Monthly Candle Closes Above Resistance

At the start of April, Bitcoin price broke through resistance at $4,200, triggering a massive rally across the crypto market and a cascading effect of trader’s stops being hit, creating an hour-long price spike of nearly $1,000 per BTC.

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Crypto Traders Split 50/50 On Where Bitcoin Price Goes Next: $6K or $4200

At the start of April, Bitcoin rallied over $1,000 in the matter of an hour, giving crypto investors their first taste of bullish momentum since the start of 2019. The rally was enough to cause traders and analysts alike to call the bottom as “in” and claim that a new uptrend was confirmed.

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Analysts Flip Bearish On Bitcoin (BTC), Expect Collapse To $4,200

Bitcoin May Be On The Verge Of A Plunge, Analysts Warn Save for yesterday’s price action, the movement in the value of Bitcoin throughout April has been rather bullish, leading analysts across the board to.

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Coinbase Closing Markets Office in Chicago

According to a report from Fortune on April 23, 2019, the U. S. -based cryptocurrency exchange Coinbase will shut down its Chicago office. Coinbase will scale back plans for a high-frequency trade matching engine in development there, software that automatically matches trade bids to complete trades at a higher rate.

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Bitcoin up 40% within one month, potential triggers and predictions

The bitcoin price has surged by a staggering 40 percent in the past 30 days. What’s causing the new wave of momentum and interest in BTC? While the initial 20 percent BTC rally the first week of April, which pushed its price from$4,200 to $5,000, was considered positive upside movement by many.

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Bitcoin Not Hitting All-Time High Soon, Could Take 22 Years: Top Bank Analyst

When bitcoin and other cryptos started rallying on April 2, the cryptoverse was predictably excited. The industry had been extremely slow since November last year. Bitcoin hit $5,000 for the first time in over four months, with some other cryptos registering even higher gains.

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New Report: Bitcoin in $3K-$6.5K Accumulation Range Before Next Bull-Run

Researchers at Adamant Capital say Bitcoin is entering an accumulation phase which will see the cryptocurrency trade in a tight range on the way to another massive bull run. Bitcoin Will be Range Bound in Accumulation Phase In a report published on Thursday (April 18, 2019), analysts at Adamant Capital characterized the present Bitcoin cycle as an accumulation phase.

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Bulls Chorus, Bitcoin (BTC) Steady above $5,000 despite Liquidation Risks

Bitcoin price close above $5,000 Analysts and Investors confident of market recovery The Bitcoin moon-sling chorus is only getting louder as the market ooze confidence thanks to early April upswings and supporting candlestick arrangement.

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