Pundit Highlights Bitcoin’s Resilience as Over 1 Million Addresses Aggressively Accumulate BTC

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Bitcoin Shows Resilience In Dollar-Driven Bloodbath | BTCUSD September 26, 2022

In this episode of NewsBTC’s daily technical analysis videos, we examine the recent resilience in Bitcoin compared to traditional assets like gold, oil, and the S&P 500. We also compare BTC to the DXY Dollar Currency Index and past crypto bear market bottoms.

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First Mover Americas: BTC Shows Resilience Despite Widespread Risk Aversion, Celsius' Bankruptcy Filing

The latest price moves in bitcoin (BTC) and crypto markets in context for July 14, 2022.

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This Prominent Bitcoin Miner Has Refused To Give In To The Bear Market

At a time when miners are selling off their earnings due to the lingering downturn in the crypto market that has seen a lot of assets plunge by crippling margins, Marathon Digital Holdings, one of the most prominent Bitcoin mining firms, has shown signs of resilience as it refuses to sell off any of its […]

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Despite 'worst bear market ever,' Bitcoin has become more resilient, Glassnode analyst says

Though on-chain metrics point to the worst Bitcoin bear market on record, they also highlight hodlers' growing resilience.

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Proof Of Resilience — Zimbabwe Can Use Bitcoin To Change Its Future

Zimbabwe, currently faced with incredible inflation and tough sanctions, could massively benefit from increased adoption of the open network of Bitcoin.

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First Mover Asia: DeFi’s Resilience During the Market Slowdown; Bitcoin Slumps Near $20K

DeFi is resilient in the current crypto crash; bitcoin and other cryptos sink in Wednesday trading.

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Bitcoin’s current setup creates an interesting risk-reward situation for bulls

A slight improvement in equities markets and the resilience of a few key BTC price metrics are giving bulls hope of a reversal.

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Bitcoin Gives Bullish Clues, Will The FED Meeting Get In The Way?

Bitcoin is still stuck in the $38,000 area with sideways movement during the past week. The first crypto by market cap has displayed resilience as traditional finances take a bearish turn. Related Reading | Bitcoin Holders Trigger Largest Capitulation In Its History, Bearish Horizon For BTC? At the time of writing, Bitcoin (BTC) trades at $38,400 with 1.

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Bitcoin network difficulty breaks into a new all-time high of 29.794T

While Bitcoin miners continue to pursue the last 2 million BTC into circulation, the overall network is well-positioned to attain greater resilience against vulnerabilities.

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BTC At A 55% Discount? – Analysis Shows Bitcoin On Track For An Immense Upsurge In April

Bitcoin's resilience was demonstrated spectacularly in March. Bitcoin's price recovered from several market crisis moments. A few include the...

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Bitcoin Shorts Decline On Bitfinex, Players Brace For Upward Trend?

Bitcoin continues to move sideways as the week progresses. The benchmark cryptocurrency was pushed back from $40,000 levels and has been unable to bounce back to previous highs. However, BTC has been showing resilience as the traditional market seems to trend lower.

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Bitcoin network hash rate explodes to a new all-time high of 248.11 EH/s

The network hash rate jumped 31.69% — from 188.40 EH/s to 248.11 EH/s — in just one day, further ensuring resilience against attacks on the Bitcoin network.

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Bitcoin miners’ resilience to geopolitics — A healthy sign for the network

The phenomenal recovery of the mining hash rate for BTC goes to show how resilient the network and its community are to world events.

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Dwindling dominance or resilience, what will tip the scales for Bitcoin in 2022

Since the beginning of 2021, Bitcoin has been representative of the entire crypto market for many investors. It wouldn't be wrong to say that was true up until May, as the BTC Dominance Ratio reached The post Dwindling dominance or resilience, what will tip the scales for Bitcoin in 2022 appeared first on AMBCrypto.

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Short-Squeeze into Year End? JPMorgan Says Market and Retail Investors Showing Resilience

Bitcoin continues to trade under $47,000, not showing any strength yet. While BTC is currency down 32% from its all-time high of $69,000, the cryptocurrency is near its ATH against the Turkish Lira.

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This exec says despite 'almost getting killed several times,' Bitcoin, Ethereum survive

Bitcoin has had its fair share of ups and downs. Supporters of Bitcoin have always waxed eloquent about its resilience, or if one might go so far as to say, its ability to come come back from the deadThe post This exec says despite 'almost getting killed several times,' Bitcoin, Ethereum survive appeared first on AMBCrypto.

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Gerber Kawasaki CEO Compares Bitcoin and Ether to Cockroaches

Gerber Kawasaki has praised the resilience of the two largest cryptocurrencies

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Why Institutional Accumulation Can Enhance Bitcoin’s Long-Term Resilience

Institutional bitcoin HODLing may seem antithetical to decentralization and greater inclusivity, but it could be the harbinger of better digital asset security.

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Moving past these divergences will put Bitcoin's 'resilience' to test

Bitcoin registered its largest weekly close during the middle of October, and last week, it was topped again by closing at $62,500. Over the current week, Bitcoin reached as high at $69,000 but at preThe post Moving past these divergences will put Bitcoin's 'resilience' to test appeared first on AMBCrypto.

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Why Bitcoin Is Considered The Honey Badger Of Money

The honey badger is notorious for its resilience and toughness. Here are six reasons why that reputation applies to Bitcoin.

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Bitcoin Will Hit $120,000 Faster Than It Moved From $30,000 To $60,000, Analyst Posits

Bitcoin has consistently traded above the $60,000 support level in the past week, proving its resilience since breaching this level for the first time since April.  The top coin is up 10 percent in the last 7 days, recently reaching an all-time high of $67,000.

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Traders need to consider these factors, before Bitcoin breaches above $64,000

Over the past 48-hours, Bitcoin displayed incredible resilience above $60k, bouncing back on each hourly candle that dropped below the range. At press time the asset continued to consolidate above $6The post Traders need to consider these factors, before Bitcoin breaches above $64,000 appeared first on AMBCrypto.

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Bitcoin Mining Industry Booms As Daily Revenue Skyrockets Past $40 Million

The Chinese crackdown on the cryptocurrency industry saw over 50% of the hashrate of Bitcoin mining go offline. The Bitcoin network has however shown its resilience as it is recovering remarkably well from the FUD generated by the crackdown on Bitcoin mining in China.

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Bitcoin Spikes to 3-Month High as Fidelity's Director of Global Macro Praises Its Resilience

Bitcoin bulls have smashed through a pivotal resistance level, but they will have to hold above it this time around

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Why Cardano Must Hold $1.25 To Chase Off The Bears, Says Legendary Trader Peter Brandt

Cardano follows the general sentiment in the market and has seen appreciation over the past weeks. Although Bitcoin, Ethereum, and other major cryptocurrencies have been in a red market for months, ADA has displayed resilience staying well above its yearly open.

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Amid Extremely Divided Bitcoin Market, HODLers Show Remarkable Resilience

The Bitcoin market is currently indecisive on a bullish or bearish path, and this may exacerbate crypto volatility, says Glassnode analysts in their Monday analysis of the BTC on-chain activity. Even as the market continues to ponder the Grayscale GBTC unlock, the Purpose ETF product and over-the-counter inflows went down last week, which suggests low […]

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Novogratz: China’s Bitcoin (BTC) ban was a positive in many ways

In a recent interview, Galaxy Digital CEO Mike Novogratz said Bitcoin had shown resilience in the face of FUD coming out of China. The post Novogratz: China’s Bitcoin (BTC) ban was a positive in many ways appeared first on CryptoSlate.

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Elon Musk Slammed For Manipulative Greed As Bitcoin Gains First National Acceptance

From Miami to Manitoba, it’s a eureka moment for Bitcoin as it gets its first official national legal tender status. The announcement by El Salvador’s President Nayib Bukele – the current favorite president of the crypto-world – puts a big blue tick on the resilience and tenacity the world’s biggest and oldest cryptocurrency has shown […]

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Bitcoin Cash, Dogecoin, XRP Price Analysis: 31 May

Bitcoin Cash continued to trade within a symmetrical triangle and awaited a breakout. Dogecoin's resilience was highlighted at $0.302-support. Finally, XRP looked to break north of its symmetrical triThe post Bitcoin Cash, Dogecoin, XRP Price Analysis: 31 May appeared first on AMBCrypto.

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Despite Hash Rate Drop, Surge In Transaction Fees, Bitcoin Is Resilient

A recent plummet in hash rate and spike in transaction fees has raised some questions about Bitcoin’s resilience. But they shouldn’t.

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Bitcoin Cash, SUSHI, Nano, Verge Price Analysis: 07 April

Bitcoin Cash was in danger of slipping below the 50% Fibonacci level, but the bulls showed some resilience. SUSHI could go as low as $10 if it loses out on its strong support level at $12.7. Nano needThe post Bitcoin Cash, SUSHI, Nano, Verge Price Analysis: 07 April appeared first on AMBCrypto.

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Bitcoin Shows Resilience as it Aims For An ATH, Despite the Soaring USD & Bond Yields

Bitcoin has the best performing April and a bullish Q2 in its favor while stocks struggle and gold price action remains weak. The post Bitcoin Shows Resilience as it Aims For An ATH, Despite the Soaring USD & Bond Yields first appeared on BitcoinExchangeGuide.

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Economist: Ethereum and Bitcoin Look “Bullish” After Withstanding “Macro Beating”

Bitcoin and Ethereum are down from their recent 2021 highs, but compared to their traditional market counterparts, have shown more resilience during the recent “royal macro beating. ” Here’s why one top economist and investor says this is incredibly bullish for the two titan cryptocurrency assets.

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Former US Treasury Secretary Larry Summers Says Bitcoin ‘Is Here to Stay’

Former U. S. Treasury Secretary and economist Larry Summers says bitcoin is here to stay despite the concerns by some that it may be a bubble. The former secretary asserts that bitcoin’s price fluctuations are in fact a sign of its resilience.

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Bitcoin Shows Resilience With Swift Recovery From 2020 Bottom

Bitcoin surged by 303% in the past year, breaking past its previous all-time high in Dec 2020. The growth was primarily spurred on by increased demand from the retail and institutional class amid mounting global inflation.

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More Aussies Back Bitcoin, the Underdog

Aussie resilience (and bitcoin) binds us together during times of fear, uncertainty and doubt, says the head of a local exchange.

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Bitcoin “Bear Whales” Show Signs of Exhaustion as Analysts Eye Upside

Bitcoin’s price has been fairly stagnant throughout the past few days, with its recent rejection at highs of $28,500 kicking off a short-term consolidation phase Where the crypto trends in the mid-term may depend largely on whether or not bulls can invalidate these highs as a potential “blow-off top” There has been speculation that the swiftness of the rally and rejection confirmed the bear-favoring pattern, but BTC’s resilience in the time since is a promising […]

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Crypto Bull Mike Novogratz Hopes for ‘Embracing’ Regulator

No Fear Novogratz Despite the Trump administration’s threats of new crypto regulations, Michael Novogratz, Galaxy Digital CEO, believes Bitcoin is remaining strong. He said the price rise of the past few days demonstrated the resilience of the bull market.

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Crypto Roundup: December 7th, 2020

After briefly peeping above the all-time high last Tuesday, Bitcoin has spent the week finding a firm foothold around the $19K mark. The market’s resilience is supported by growing acceptance of cryptocurrency among the biggest global companies.

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December 8, 2020: Bitcoin and Crypto Market Roundup

After briefly peeping above the all-time high last Tuesday, Bitcoin has spent the week finding a firm foothold around the $19K mark. The market’s resilience is supported by the growing acceptance of cryptocurrency among the biggest global companies.

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Historian Niall Ferguson Says Bitcoin Is Winning the Covid-19 Monetary Revolution

Historian and senior fellow with the Hoover Institution at Stanford University, Niall Ferguson says bitcoin is winning the Covid-19 monetary revolution. Hailing the virtual currency as a great place for the rich to store their wealth, Ferguson also notes that the bitcoin’s resilience has forced critics as well as institutional investors to alter their views […] The post Historian Niall Ferguson Says Bitcoin Is Winning the Covid-19 Monetary Revolution appeared first on Bitcoin News.

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Are Whales Controlling the Bitcoin Move or ‘Liquidity Crunch’ Caused by Miners?

The crypto market is showing resilience, with any dips in the BTC price getting filled up immediately. Bitcoin is holding firm above $18,000, on track to retest the high set early this week and then onto $20,000.

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Bitcoin Shows Resilience, Continues on Tear Towards Previous High

On Nov 19, the Bitcoin (BTC) price reversed its potential decrease and broke out from a short-term symmetrical triangle. The price is expected to continue increasing towards the closest resistance area.

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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 monthly candle close signals possible mega rally in December

Bitcoin price is showing resilience above the $15,000 level, and history suggests a broader rally may occur in December.

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$14K: Bitcoin Briefly Hits Highest Level Since January 2018

Bitcoin has carved out a 33-month high, showing resilience amid growing instability in the traditional markets.

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Bitcoin Resilience Remains As Stock Market Closes Worst Day In Months

The stock market yesterday closed its worst single-day decline in nearly two months, causing the richest people in the world to lose over $14 billion in net worth. Bitcoin also pulled back yesterday, but as of this morning is already trading higher than before, while the S&P 500, the Dow Jones, and the Nasdaq continue to plunge.

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Institutions Take Record Bullish Bets in Bitcoin Futures, Shrugging Off Exchange Missteps

Institutions hold record bullish beets in CME Bitcoin futures as the cryptocurrency shows resilience to negative news.

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