Bitcoin suddenly crashes below $19K after all-time high sparks wild volatility

BTC price trims $1,600 in under two hours thanks to pressure from sellers near $20,000, while Ether also tanks below $600.

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Cryptocurrency Derivative Liquidations Top $1.9B Amid Thanksgiving Day Slump

Optimistic long bets on crypto derivatives have once again come at a considerable cost to traders following a $1. 93 billion wipeout over the past 24 hours. The total crypto market cap is down over $70 billion amid a massive slump in prices of nearly all virtual assets with Bitcoin (BTC) retreating below the $17,000 mark.

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Analyst: Bitcoin Likely to Sweep Its Highs as Bears Face Mass Liquidation

Bitcoin has been stable below $19,000 for the past few days, with each visit to this level sparking relatively strong pullbacks Where the crypto trends in the near-term will depend largely on whether or not bulls can take control of its price action and push it past $19,000 The selling pressure here is significant and may continue hampering its growth over the coming few hours and even days Meanwhile, Ethereum and other altcoins have been […]

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Bitcoin Quickly Falls Below $16,000 As Parabolic Bull Run Pauses

Bitcoin’s price has been trending up over the past few weeks, hitting as high as $16,485. Bitcoin had shown quite some resilience above $16K which has in the past acted as a major reversal point. On Saturday, however, the flagship cryptocurrency fell to as low as $15,755 within a few hours as the bulls seemed […]

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Bitcoin Rally Falters as Price Drops Below $16K

The cryptocurrency dropped as low as $15,750, having hit highs over $16,300 in the Asian trading hours.

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Bitcoin price plunge as Biden wins the US election

Joe Biden won the presidential election in his birth state of Pennsylvania this Saturday and he become 46th president of the United States. The price of Bitcoin (BTC) has weakened from $15 740 below $14 800 in less than several hours and the current price stands around $14 826.

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Analyst Who Predicted Bitcoin Rally to $14,000 Says $14,500 Is Next

Bitcoin has undergone a strong rally since Monday’s lows of $13,200. The leading cryptocurrency currently trades for $13,900, up 3. 2% in the past 24 hours. Bitcoin is trading slightly below its daily highs of $14,100, which it breached earlier today when the U.

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ChainLink (LINK) charts bearish outlook as price drops below $10.50

LINK/USD has dropped 11% in the past 24 hours and could plummet to lows...

The post ChainLink (LINK) charts bearish outlook as price drops below $10.50 appeared first on Coin Journal.

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Expect an “Inverse Capitulation” if Bitcoin Breaks $14,100: Analyst

Bitcoin currently trades for $13,800, establishing another floor as it looks to move even higher in the days ahead. The coin is below the daily highs of $14,100, set around 16 hours ago. Analysts think that Bitcoin could rip higher once it turns the $14,000 region into support.

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Analyst Who Called 2018’s Bottom Says Bitcoin Will Soon Move Towards $12k

Bitcoin has stalled over the past few hours. The cryptocurrency currently trades for $11,300, far above last week’s lows but below the highs of $11,750. Bitcoin is down 2% in the past 24 hours after news revealed that OKEx has frozen withdrawals for the time being.

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As Long as Bitcoin Holds $10,500, Price Could Hit $11,200: Analyst

Bitcoin has stagnated at the local highs around $10,700 over the past few hours and days. The leading cryptocurrency remains below the highs it set last week prior to the BitMEX news breaking. Analysts are still optimistic about the cryptocurrency despite the ongoing stagnation and relatively weak price action.

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Bitcoin Price Reaches for Green Even as Fear Index Blinks Red

Bitcoin has moved up 0. 9 percent over the past 24 hours, ranging between $10,565 and $10,663. This comes as the Bitcoin Fear and Greed Index spent 30 straight days in the red since falling below 50 on Sept.

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Data: Synthetix (SNX) Investors Are Accumulating the Coin In Waves

It’s been a tough past few days for the entire crypto market. Synthetix Network Token (SNX), in particular, has dropped rather hard: the coin is down 5% in the past 24 hours alone and nearly 20% below the local highs.

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Chainlink (LINK) price approaches $10 after a 17% rebound

The cryptocurrency market is seeing another bullish wave, but while most of the top coins only surged by a bit — up to  5% — Chainlink (LINK) price went up by over 17% in 24 hours. At the moment, the coin is sitting just below $10, as the resistance continues to hold it down.

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Ethereum is “Fighting for Its Life” as Bulls Struggle to Defend Critical Support Level

Ethereum is currently in the process of rebounding from its daily lows that were set just a handful of hours ago The cryptocurrency has been facing heightened selling pressure as of late, struggling to build momentum as it remains below $370 One analyst is now stating that the cryptocurrency is “fighting for its life” as it trades right around a crucial support level Bulls and bears have largely been at an impasse when it comes […]

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Ethereum Dropping Under This Level Could Trigger a 25% Altcoin Correction

Ethereum has slipped lower from its local highs despite Bitcoin pushing above $10,800. The leading altcoin currently trades at $360, around 8% below the local highs at $390. The coin is down 4% in the past 24 hours while BTC posts a tepid gain of 0.

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Analyst: Ethereum’s Market Structure “Firmly Bearish” as It Remains Below Key Level

Ethereum has seen some intensely positive price action in recent hours, with bulls catalyzing an upswing that led its price to highs of $380 just a couple of hours ago. It did face some intense resistance at this price region, however, and subsequently plunged towards $360.

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Bitcoin is Conducting a “Bullish Retest” as It Hits Critical Support Level

Bitcoin is ardently attempting to hold above $10,000, as this crucial psychological support level has been broken and reclaimed on multiple occasions throughout the past several hours. Earlier today, the cryptocurrency showed some significant signs of weakness as it pushed below this level, with bears sending it as low as $9,900 before it saw a […]

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Bitcoin Price Slips Below $10,000, Liquidating $40 Million

Bitcoin has sustained a strong correction over the past few days as legacy markets have turned red. The price of the leading cryptocurrency just plunged under $10,000 minutes ago for the third time in the past 48 hours.

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Ethereum Just Plunged 15%: Here’s What Analysts Think Comes Next

Ethereum has severely underperformed Bitcoin over recent days as bears have returned to the crypto market. The leading cryptocurrency has collapsed by 17% in the past 24 hours alone, falling below pivotal support levels.

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Ethereum Isn’t Clear of Danger Yet, But Analysts are Eyeing a Move to $500

Ethereum has seen a sharp decline over the past several hours that has caused it to break back below $400 This movement came about in tandem with a similar decline seen by Bitcoin and has sent shockwaves throughout the aggregated crypto market Analysts are now noting that ETH may be poised to see further near-term weakness, but its bull case remains strong One trader is noting that Ethereum has yet to break below a crucial […]

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XRP Is Poised to Almost Double in the “Coming Weeks”: Here’s Why

XRP has been diligently following Bitcoin over the past few days, retracing as the leading cryptocurrency has. The asset trades up 1% in the past 24 hours, trading at the $0. 285 level. While the asset remains below the $0.

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Bitcoin Breaking Below These Two Levels May Suggest the Bull Trend Is Over

Bitcoin has struggled over recent days, falling below the pivotal supports at $11,500 and $11,700. As of this article’s writing, the leading cryptocurrency trades for $11,450, posting a 3% loss in the past 24 hours.

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Bitcoin’s Current Side Movement Signals An Imminent Breakout As Investors Are Extremely Bullish

Bitcoin has regained over $300 dollars since its massive correction from a high of $12400 to $11500 which saw the coin drop by a thousand dollars. While some analysts predicted a bearish movement that could see Bitcoin drop below $10,000, in the last 24 hours Bitcoin has reached $11,858 a small but significant 1.42% price […]

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Chainlink Breaks Below Crucial Technical Pattern as Analysts Eye Downside

Chainlink has expressed some signs of overt weakness throughout the past few hours, with its price reeling down towards its bedrock support at $14.00. This sharp downturn has come about as the entire crypto market shows some signs of weakness, which may be, in part, rooted in Ethereum’s plunge towards $400. ETH’s price action has […]

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Bitcoin Analyst Warns of “Insane Shakeout” as Price Breaks Below $9.6K

Bitcoin rallied above $9,600 during the afternoon hours of the New York session Thursday. But it corrected lower on profit-taking sentiment among daytraders. Market analyst Ryan Scott warned that Bitcoin could undergo an “insane shakeout wick.

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Last Time Bitcoin Volatility Was This Low, BTC Surged by 25% in 24 Hours

For the past few weeks, Bitcoin analysts have observed extremely low volatility in the nascent cryptocurrency market. Nothing shows this inaction quite as well as the chart below from Blockroots founder Josh Rager.

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Cryptocurrency News Roundup for July 3, 2020

Bitcoin dropped below the key psychological barrier of $9,000 late Thursday, shedding more than $300 in just over two hours. A flash crash of this kind was the last thing the bulls needed given that technical indicators have remained consistently bearish over the past few weeks.

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Bitcoin’s Flash Crash Could Send it to Range Lows

Bitcoin (BTC) decreased considerably on July 2, dropping from a high of $9,255 to $8,940 in a span of fewer than three hours. The decrease also created a bearish engulfing candlestick on the daily time-frame, causing the price to drop below an important moving average (MA).

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Ethereum Short-Term Price Analysis: 26 June

Disclaimer: The following price prediction should materialize in the next 24-48 hours. As the collective market underwent a bearish pullback, Ethereum's price dropped below its support at $233 for The post Ethereum Short-Term Price Analysis: 26 June appeared first on AMBCrypto.

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BItcoin Breaking Below $8,500 Will Make This Summer “Long” For Holders

it’s hasn’t been a pretty past 24 hours for Bitcoin investors. The cryptocurrency has exhibited a strong reversal after hitting $9,800 on Monday. As of the time of this article’s writing, BTC trades for $9,200, $600 shy from the peak.

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Ethereum’s Reaction to This Crucial Support Level Will Determine its Fate in 2020

Ethereum has seen some lackluster price action in recent times, largely facing sideways trading similar to that incurred by Bitcoin and the entire crypto market It has posted some signs of weakness throughout the past several hours due to it dipping below its well-established trading range This has led it down to what analysts are describing as a “crucial level,” and its reaction here could determine its fate in the months ahead One venture capitalist […]

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Tesla (TSLA) Stock Down Less Than 1%, Elon Musk Postpones Annual Shareholder Meeting

Coinspeaker Tesla (TSLA) Stock Down Less Than 1%, Elon Musk Postpones Annual Shareholder MeetingTesla (TSLA) stock has difficulties in fixing its positions above $1,000. After hours it has gone below this milestone level again.

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Bitcoin Jumps to $9.6k, DeFi’s Impact on ETH, and More: Crypto News Roundup

Bitcoin regained a foothold north of $9,500 on Tuesday, scoring a sizeable ~5% gain in less than 24 hours. This bear-trapping bounce came immediately after yesterday’s subpar performance that saw the alpha-cryptocurrency dip below $9,000.

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Current Bitcoin Whale Population Looks Exactly Like September 2017, Just As BTC Ascended To $20K

Over the last few days, bitcoin’s price action has been quite dramatic. On June 15, the bellwether cryptocurrency tumbled below $9k alongside the US stock market which also took a dive. A few hours later, however, the cryptocurrency rebounded to as high as $9,500 after the Fed announced it will begin purchasing individual corporate debt. […]

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Amid Heightened Market Volatility, This Metric Shows Bitcoin Is Still Extremely Bullish

Bitcoin continues trading sideways after seeing a wild volatile move yesterday that saw it plunge below $9,300 before going up to $9,429 in less than 5 hours. Ignoring the few volatile moves, Bitcoin is clearly still flat with its trading volume declining every day.

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Dogecoin, Ethereum, Monero Price Analysis; 10 June

The collective market cap of the coins has been consolidating below $280 billion as Bitcoin's dominance declined to 64.7%. After a minor surge of 0.77% over the last 24 hours, Bitcoin's value was $9,7The post Dogecoin, Ethereum, Monero Price Analysis; 10 June appeared first on AMBCrypto.

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Cryptocurrency News Roundup for June 8, 2020

After a brief dip yesterday, Bitcoin fought back to emerge from the weekend above $9,700. The benchmark crypto dipped 2% in just a few hours to go below $9,470 for the first time since June 1. However, it bounced back and was trading at $9,720 at the time of press.

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$100 Million Wiped From BitMEX as Bitcoin Dives $1,500 in Three Minutes

Just over 12 hours after Bitcoin crossed $10,000 for the first time in weeks, the cryptocurrency dove off a proverbial cliff. Approximately twenty minutes ago, the crypto was hit with a barrage of sell orders that took the asset as low as $8,600 on BitMEX (seen below).

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Bitcoin (BTC) Price Dump to $8,700 Explained by Coinmetrics

The Bitcoin (BTC) price has dropped below $8,700, printing more than a 7% loss in a few hours. Coinmetrics data has revealed the market processes behind it

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The Market Factor That Predicted Bitcoin’s $8,000 Halving Bottom Is Back Again

After rallying from $8,800 to $9,300, the Bitcoin bull has lost strength over the past few hours, with BTC recently dipping below $9,000 for the first time in days. Some traders have said that this is a precursor to an even greater retracement for the cryptocurrency market.

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Red Tide: Double-Digit Losses Sweep Crypto Asset Market

The cryptocurrency markets are a sea of red today, with all the top 10 cryptocurrencies by market cap reporting double-digit percentage losses for the last 24 hours (at press time). Bitcoin (BTC) has dropped 16 percent over the same period to 10-week lows below $8,000, and is heading towards its worst weekly loss (more than […]

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On-chain metrics spell trouble as Bitcoin dips below $9,000

The past 24 hours have been characterized by fear, uncertainty, and doubt in the cryptocurrency market. The post On-chain metrics spell trouble as Bitcoin dips below $9,000 appeared first on CryptoSlate.

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For Bitcoin how important were its retail Hodlers during Black Friday?

With the halving just a few hours away, all the eyes are on Bitcoin's price. A day ahead of the event, its value crashed below $9,000 which prompted heavy liquidations. As the coin was expected to go The post For Bitcoin how important were its retail Hodlers during Black Friday? appeared first on AMBCrypto.

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What to Make of Bitcoin’s Sharp Drop Below $9,000

In the early hours of May 10, the Bitcoin price initiated a very rapid decrease that caused the price to go from $9,574 to $8,117 in a span of less than one hour. While the price bounced upward afterward, it has failed to even reach $9,000.

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Will Bitcoin Begin Yet Another Upward Move?

The Bitcoin price is currently trading at the resistance line of either a symmetrical or descending triangle. The next few hours will be crucial in determining the correct pattern. The Bitcoin price is trading just below a major resistance area found at $9,150.

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Analyzing Bitcoin’s Bullish Engulfing Candlestick

On April 29, the Bitcoin price created a massive bullish engulfing candlestick, increasing by more than $1,000 in a single day. The price reached a high of $9,455 before decreasing below $9,000 a few hours later.

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Litecoin's ascent above $46 might be held back by declining NVT ratio

An observation of Litecoin's charts for the past 48 hours reveals that the cryptocurrency dropped below $43. In fact, the silver counterpart to Bitcoin registered a fall of 10.54 percent on 10 April, The post Litecoin's ascent above $46 might be held back by declining NVT ratio appeared first on AMBCrypto.

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BitMEX’s Arthur Hayes Says Bitcoin Likely To Revisit $3K Soon As All Asset Classes ‘Puke Again’

The bitcoin price slipped below $7K yesterday after failing to surmount the $7,500 level for the fifth time since the crash on March 12 and 13. The unprecedented correction in the crypto markets at that time saw bitcoin plummet to $3,700 in hours.

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