Bulls buy the dip again after Bitcoin price rejects at a key resistance level

Bulls buy the dip again after Bitcoin price rejects at a key resistance level
фото показано с : cointelegraph.com

2020-12-16 01:32

Bulls are keen to buy each Bitcoin price dip but is this enough to avoid repeat sell-offs at $19,500?

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price bulls bitcoin buy dip each 500

price bulls → Результатов: 126


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Traders Forecast Bitcoin Will See a “Cool-down Period” as Rally Overheats

Bitcoin has been caught within the throes of a consolidation phase ever since its price exploded up to its recent highs of $18,600 The selling pressure that existed here was significant and sparked a $1,000+ move lower that was eventually absorbed by bulls This price action has done little to provide insight into its near-term outlook, as both bulls and bears have shown signs of strength Whether or not it can break and hold above […]

2020-11-21 02:00


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Bitcoin’s Market Structure Shapes Up as Bulls Defend Critical Price Level

Bitcoin is currently expressing some immense signs of strength as its price trades above $10,600 This marks a decisive break above the $10,500 resistance level that was previously suppressing its price action Because bulls were able to break above this effort this morning, it does appear that the benchmark cryptocurrency may be well-positioned to see further upside in the coming few hours and days The next region of interest for bulls sits around $11,000, as […]

2020-9-15 02:00


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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above.

2019-2-26 02:42