Crypto Market Stages Recovery With Cosmos Leading.

The cryptocurrency market is bouncing back on Tuesday as Bitcoin and a number of leading altcoins reversed the heavy trading losses incurred early on Monday. Bitcoin is holding firm above $7,000 level as buyers attempt to stabilize the cryptocurrency above the October monthly trading low, located around the $7,300 level. origin »

Bitcoin Analysis for 2019-11-27 [Premium].

The Bitcoin price is completing a reverse head and shoulders pattern. It looks as if it is going to break out, reaching one of the resistance areas at $7750 and $8150. However, we are still not certain if this is the beginning of a reversal or a retracement in response to the prior decrease. origin »

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Will Bitcoin’s Head and Shoulders Cause the Price to Drop to $1000?.

During the week of November 17-24, the Bitcoin price decreased by 20 percent. Afterward, financial commentator Peter Schiff made a prediction that the Bitcoin price will fall to around $1000. A similar prediction was made by well-known Tradingview analyst @MagicpoopCannon, who stated that there is a possible head and shoulders (H&S) developing in the Bitcoin […] The post Will Bitcoin’s Head and Shoulders Cause the Price to Drop to $1000? appeared first on BeInCrypto. origin »

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