Bitcoin holds $9,000 as altcoins spring into life

Bitcoin price remains capped under $9,200 but could move higher; altcoins also turn green....

The post Bitcoin holds $9,000 as altcoins spring into life appeared first on Coin Journal.

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Stellar Leaps 12% Following Samsung Collaboration; Why a Bigger Uptrend is a Challenge

Stellar price rose higher late Thursday following its integration into the Samsung Blockchain Keystore. The XLM/USD exchange rate logged a 12 percent increase on a 24-hour adjusted timeframe, a move that took the pair out of a one-year-long consolidation range.

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Bitcoin is in a ‘Consolidation Zone,’ We’ll Move to $14,000 Once BTC Gets Above $10k: Mike Novogratz

Bitcoin is about system change, said Mike Novogratz, CEO of Galaxy Digital, in his latest interview with Barron’s Carleton English. While talking about the catalysts that could propel the price of Bitcoin higher, he shared how a revolution is going on between black lives matter and people looking for economic injustice, and COVID-19 pandemic has […]

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The Last Time Bitcoin Formed These 3 Patterns, It Dropped 60% in a Week

Bitcoin has finally started to move higher after flatlining around $9,000 for over 10 days. During Wednesday’s trading session, the leading cryptocurrency moved as high as $9,475 — the highest price in weeks.

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Bitcoin Option Traders Bet on Bullish Move Following Volatility Squeeze

While bitcoin's range play continues, options traders look to be betting on a big move to the higher side soon.

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A U.S. Stimulus-Backed Rebound Could Fuel a Bitcoin Bull Rally: Here’s Why

Bitcoin kicked off this week with a modest move higher, rising 0. 78 percent as of Monday’s close. The gains followed a sharp sell-off last week as traders pinned their hopes on a new stimulus package by the Federal Reserve and the U.

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Bitcoin Could Recover Significantly And Only 1 Thing Is Holding It Back

Bitcoin is slowly moving higher and trading above the $9,100 level against the US Dollar. BTC could start a strong upward move if it clears the $9,300 and $9,340 resistance levels. Bitcoin is showing a few positive signs above the $9,000 and $9,100 levels.

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This Trend Measuring Tool Says Bitcoin Drop Is Only Just Getting Started

After a series of higher lows above the current support level, Bitcoin looked primed for a move higher. However, a recent drop setting a lower low on daily timeframes has potentially started a short-term downtrend.

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$15m Liquidated as Bitcoin Surges to $9,800 for the First Time in Weeks

After days of consolidation, Bitcoin experienced a crucial breakout over the past few hours. The cryptocurrency just minutes ago tapped $9,800, the highest price it has traded at in over 10 days. With this latest move higher, the cryptocurrency is up approximately 5% in the past 24 hours.

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Ripple (XRP) Lack of Bullish Momentum Could Derail Its Recovery To $0.20

Ripple is slowly correcting higher above the $0. 1850 level against the US Dollar. However, XRP price must break the $0. 1880 resistance and the 100 hourly SMA to start a strong upward move. Ripple is still trading in a bearish zone below $0.

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These 3 Pivotal Signs Show Bitcoin Is Bearish as “Massive” Move Nears

The most pressing question Bitcoin investors have faced over the past few weeks is if the current consolidation will break higher or lower. The expectation that BTC will move lower from the current range recently gained strength with an analyst drawing attention to three technical signs.

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Price Analysis 6/12: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, ADA, XTZ

Bitcoin sold off as stocks corrected on June 11, but BTC and altcoins are failing to recover even as equities markets move higher.

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ENJ Finds Support Above 2000 Satoshis & Should Move Higher

After a strong upward move, ENJ has been retracing over the past ten days. The price is trading inside a significant support area, and the action is considered bullish as long as it remains here.

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DASH Price Analysis - Technicals suggest a bearish trend

Technicals for both the DASH/USD and DASH/BTC pairs suggest a bearish trend after muted bullish momentum, relative to other large-cap coins. Over the next few weeks, DASH/USD should attempt a move higher, and potentially regain bullish momentum.

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Bitcoin to Break Towards $12,000: Analyst Michael van de Poppe

Renowned financial and crypto analyst Michael van de Poppe expects Bitcoin to flip $10,000 and go higher, but also suggests that a major bearish move is possible first

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Decision Time: Top Crypto Traders Expect Massive Bitcoin Move In Days Ahead

For forty days and forty nights, Bitcoin price has been trading above $8,000 but has repeatedly failed to hold above $10,000. A series of higher lows has kept buying strong, but the cryptocurrency has failed to gain the momentum it needs to break through the critical resistance. The push and pull of buyers and sellers...

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Low Cap Altcoins Are Dominating Bitcoin in 2020: Here’s Why It Won’t Continue

Even though Bitcoin has seen an explosive move higher since the $3,700 March lows, altcoins are actually largely outperforming the market leader. This trend has contradicted sentiment that BTC leads the cryptocurrency market higher in bull runs.

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U.S. Stocks Dull Bitcoin Appeal on Optimistic Jobs Report

Spot bitcoin fell was down 1. 32 percent at $9,659 per token ahead of the New York opening bell Friday. Bitcoin futures slid 1. 82 percent to $9,715. The move downhill appeared as the U. S. futures headed higher following jobs report at 0830 ET.

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Bitcoin Eyes Another Price Breakout, Altcoins Gain Momentum

The market is on the move again. As we head into the weekend, bulls have started pushing prices higher. In the battle between altcoins and Bitcoin, altcoins seem to be succeeding. Since the recent crash, in which altcoins fared better, most have remained above key supports.

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Despite $1,500 Crash, Charts Show the Bitcoin Uptrend Is Still “Intact”

Just 24 hours ago, Bitcoin surged above $10,000 for the first time in weeks in a move that shocked the market. During the rally, over $100 million worth of short positions were liquidated as the asset jumped nearly $1,000 higher within an hour.

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Fund Manager Thinks Bitcoin Is Primed to Rip Higher, Even After $1,000 Move

It’s been an explosive past 24 hours for the Bitcoin market. The leading cryptocurrency traded as high as $10,429 on Monday, surging higher as dozens of millions worth of short positions were liquidated on BitMEX.

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Bitcoin Energy Value may Help Push Price Even Higher

There are a number of on-chain metrics that can be used to ascertain whether Bitcoin markets are bullish or bearish. Its energy value, in particular, could be signaling a bigger move ahead for BTC.

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Bitcoin Flashes Major Signs of Strength as Analysts Target $10,000

Bitcoin saw a notable overnight upswing that allowed it to firmly gain a position within the mid-$9,000 region This movement caught some bears off guard, and marked an extension of the momentum that it first incurred when it bounced from $8,800 yesterday It now appears that BTC is primed to rally even higher in the near-term, with some analysts targeting a move to $10,000 as the crypto flashes signs of strength Bitcoin is currently caught […]

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4 Reasons Why the Bitcoin Price Is Prepared to Explode Towards $10,000

After holding under $9,000 for days on end, Bitcoin surged higher to hit $9,200 on Wednesday morning. It was a small move in percentage terms but still notable in terms of its technical significance.

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Bitcoin Continues Flooding Out of Exchanges as Number of Long-Term Investors Grows

The bull-case for Bitcoin continues growing stronger by the day. The benchmark cryptocurrency has been able to move above the $9,000 resistance level that was previously hampering its price action.

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Will Bitcoin Move Above $9,000 Once More?

On May 11, Bitcoin’s attempt at moving higher was rejected by the $9,150 resistance level. However, the price has reversed its trend once more and is in the process of making another attempt at breaking this resistance area.

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New Users are Flooding into Bitcoin; Will This Catalyze a Move Past $10,000?

Recent comments from the CEO of Binance seem to indicate that the cryptocurrency exchange is seeing a massive influx of new platform registrants He also notes that the activity level of these registrants is much higher than that seen several months ago This could be an early sign of an imminent wave of new retail adopters – the same ones who drove Bitcoin’s price up to highs of $20,000 in late-2017 From a technical perspective, […]

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It’s a Critical Moment for Bitcoin as Analysts Eye a Move to $14,000

Bitcoin saw some notable overnight volatility that caused it to post an upswing followed by a swift rejection, before once again climbing higher The benchmark cryptocurrency is now moving to test its next key resistance that sits at roughly $9,500 Analysts are now noting that a clean break throughout a heavy overhead supply region just above BTC’s current price could be just what it needs to make a move up to $14,000 Bitcoin’s intense uptrend […]

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Bitcoin Options Trading Volumes Surge as Price Moves Above $9.4K

Call options on bitcoin are drawing higher prices following the cryptocurrency's quick move to two-month highs.

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Altcoins Will Be Destroyed By Bitcoin, Warns Analyst Following Jump To $8.5K

Bitcoin has come out roaring after starting the week without lacking any momentum. It was further off the back of days of sideways trading. The latest move sees Bitcoin break above its immediate resistance of $8K and further extend this to break its higher high of $8.

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Decisively Bullish’ Bitcoin Breaks Into A New 6-Week High, Rising Above $7,750

In a sudden and strong move today, the world’s leading digital asset surged as high as $7,756 on Bitstamp. Currently, BTC/USD is trading above $7,500, up 2. 55% YTD.  Following bitcoin, altcoins surge higher as well, with Stellar in the lead with nearly 18% gains.

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$70 Million in BitMEX Shorts Burned as Bitcoin Erupts 10% to $7,700

In the past 20 minutes, Bitcoin has rocketed higher. After trading around $7,000 for most of Wednesday, the cryptocurrency started to rally, hitting a local high of $7,770 just minutes ago — 9% higher than the weekly open and a more impressive 14% higher than the weekly low. This was a move that surprised crypto...

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This Crypto Could Soon Explode as it Peeks Over Massive Resistance

While the aggregated crypto market consolidates following the recent upswing, Tezos has continued climbing higher as it expresses further signs of strength against many of its peers. This strength has now led the crypto to push above a key horizontal resistance region that was significantly hampering its price action in the past, with a confirmed break above this level potentially opening the gates for significant upside in the days and weeks ahead. The move past […]

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Bitcoin (BTC) Price Prediction ? Analyzing Possible Breakout to $8,000

Was the drop to $7,100 a preliminary move before Bitcoin (BTC) moves higher?

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Bitcoin’s Price Action Resembles a Bearish Wyckoff Distribution

On March 20, the BTC price reached a high of $6,900. Since then, it has been mostly trading in a range between $6,100-$6,900, with the exception of a failed breakdown attempt on March 27. On April 2, the price initiated a rapid upward move and reached a high of $7,192, however, the higher prices could […] The post Bitcoin’s Price Action Resembles a Bearish Wyckoff Distribution appeared first on BeInCrypto.

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Is Bitcoin Moving in an Ascending Triangle or Wedge?

On April 2, the Bitcoin price initiated a very swift upward move, rallying from a low of $6,551 to a high of $7,194. While initially, it seemed that this movement would cause a breakout above the current pattern, the higher prices could not be sustained and BTC reached a close of $6,794, slightly below the […] The post Is Bitcoin Moving in an Ascending Triangle or Wedge? appeared first on BeInCrypto.

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Bitcoin Rips to $6,750 In Move Reminiscent of Last Year’s 25% April Fool’s Rally

Since NewsBTC’s last market update, Bitcoin has continued to rip higher, recently hitting $6,750. With this, the cryptocurrency is up nearly 9% from the daily lows around $6,200, and up over 16% from the weekend lows at $5,800.

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Bitcoin Follows Stock Markets Higher; How Long Will They Move in Lockstep?

Crypto prices climbed with traditional market indexes Monday as traders wondered if bitcoin will remain a follower or break out and blaze its own path.

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Bitcoin Trading Near Make-or-Break Levels: Can Bulls Make It?

Bitcoin is currently correcting higher from the $3,906 swing low against the US Dollar. BTC is now forming a crucial breakout pattern, which is likely to decide the next move. Bitcoin price seems to be facing a lot of hurdles on the upside near $5,500 and $5,950.

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Tezos Holds Onto $2.5 Support: Are Higher Prices Incoming?

The Feb. 24-26 decrease in the cryptocurrency markets did not spare Tezos, which broke down below its pattern and erased all of the gains from the previous week. But, XTZ has outlasted the decrease and is seemingly preparing for another upward move.

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Dow Futures Leap after Trump Scolds Fed’s ‘Big Rate Cut’ Failure

President Trump urged the Federal Reserve to cut rates again - a move he believes will push the stock market higher. The post Dow Futures Leap after Trump Scolds Fed’s ‘Big Rate Cut’ Failure appeared first on CCN.com

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Dogecoin’s Double Bottom Could Lead To Higher Prices

On February 8, the DOGE price initiated a rapid upward move, breaking out above a long-term descending resistance line. It reached a high of 35 satoshis the next day but has been decreasing since.

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Analysts Eye Pullback as Bitcoin Rejects $10k Again, Will BTC Dump?

Weekend trading on bitcoin markets has been profitable with another sustained move higher. Early trading on Monday however tells a different story as $10k was rejected again, analysts are now eyeing another pullback.

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Do or Die for Bitcoin Bulls: Here’s A Crucial Breakout Zone For A Sharp Recovery

Bitcoin managed to stay above the $9,350 support area against the US Dollar. BTC price is currently recovering, but it must surpass $9,825 for a strong upward move. Bitcoin price is currently correcting higher from the $9,350 support area against the US Dollar.

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3 Reasons Bitcoin Has Tapped 14 Week High on The Way to $10,000

Bitcoin and crypto markets are on the roll again today following a week of consolidation. BTC has pushed higher to tap a fourteen week high on its way to five figures, here’s why. BTC has made another sustained move higher today as it taps $9,750, its highest price since late October.

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Dow Rips 500 Points Higher as $94 Billion Fed Repo Juices Stock Market

The Dow Jones spiked over 500 points as the Federal Reserve made a $94 billion repo move that added liquidity to the U.S. stock market. The post Dow Rips 500 Points Higher as $94 Billion Fed Repo Juices Stock Market appeared first on CCN.com

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XRP Price Could Reach $14 Breaking Out from Two-Year Bear Market

Coinspeaker XRP Price Could Reach $14 Breaking Out from Two-Year Bear MarketIt is believed that XRP is ready to leave the bear market aside and move higher. XRP price could reach $14 with the next bull run.

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How Bitcoin Open Interest Could Lead to a Big Correction

Bitcoin has continued climbing today, nearly reaching a three-month high. Indicators such as open interest, however, are signaling that a correction may be imminent. A few hours ago Bitcoin made another sustained move higher to knock on $9,400, its highest price since early November.

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Bitcoin Taps 3 Month High, Is $10,000 On The Cards?

Bitcoin has made another sustained move higher today tapping a high not seen for almost three months. From here there is a very short ride to $10,000 again but will it get there this week? Bitcoin Adds Another 5% For the fourth day this week bitcoin has added further gains.

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