Bitcoin Price Intraday Analysis: BTCUSD Could Attempt Breakout

Bitcoin has neither dumped nor has broken its crucial resistance level since August 15. The BTC/USD on Monday started with a bullish promise after snoozing through the whole weekend. The pair confirmed 6346-fiat as a strong support and rose 3.5 percent during the early Asian trading session. As the day progressed, bulls began to lose … Continued

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Valuation of Crypto Market Slightly Declines But Bitcoin Price Shows Stability

In the past 24 hours, the valuation of the crypto market has dropped slightly by $2 billion, from $215 billion to $213 billion, as the Bitcoin price and Ethereum price demonstrated stability. Most major cryptocurrencies including Bitcoin Cash, Ripple, EOS, and Ethereum recorded decent gains in the range of 1 to 5 percent. Tokens including

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BTC Price Indicating a Bullish Trend Reversal? Jim Cramer May Disagree

BTC price

Two days after Jim Cramer made bearish comments on Bitcoin, the BTC price has started to revive itself. A bullish reversal is not yet confirmed, as Bitcoin would have to break above key resistance for that to happen.

However, the BTC price has moved back to above $6,000, which indicates a trend reversal could very well be in progress. 

And yet, Cramer has still thrown in the Bitcoin towel. He even did so on the day that Bitcoin crossed a high of $6,259. So what gives?

Jim Cramer BTC Price: Who Should We ...

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Square Cash App Expands to All 50 US States and Allows All Members to Buy Bitcoin (BTC)

Square Cash App

Square just announced that with its Square Cash app, all users are now able to buy Bitcoin in all 50 US states.

Red, white, and bitcoin. Now you can use Cash App to buy bitcoin in all 50 states. pic.twitter.com/D4fhVRz7WL

— Cash App (@CashApp) August 13, 2018

Square Ahead of the Competition

Square was originally founded by Twitter’s CEO, Jack Dorsey. The Cash App initially rolled out its Bitcoin services months ago but had to go state-by-state to get approval.

Recently, it was reported that Square also secured the so-called ...

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Bitcoin and Ether Lack Momentum as Crypto Market Falls Below $200 Billion

In the past 24 hours, the crypto market has lost $23 billion, dropping from $217 billion to $194 billion, as major cryptocurrencies including Bitcoin showed a lack of momentum. What Has Happened to the Market? Without any exception, every major cryptocurrency in the market has plunged in value on August 14. Ether, the native cryptocurrency … Continued

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Bitcoin Price Intraday Analysis: BTCUSD Hinting Another Bear Flagpole

The short-term gains can never compensate for the long-term losses. So it seems from the latest Bitcoin price action which, during the weekend, jumped more than 7.5% and promised an extended breakout, but fell short of delivering it. This Monday started with minor pullbacks from the early 6550-fiat level during the Asian trading session. However, … Continued

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Bitcoin Price Makes Gains While Wider Crypto Market Struggles

The Bitcoin price has risen by around 2 percent in the last 24 hours, increasing from $6,250 to $6,400. But, the rest of the crypto market is still struggling to gain momentum. Bitcoin is King in a Bear Market Since February, the cryptocurrency market has been in a bear market, the third worst in its … Continued

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Bitcoin Price Creeps Near $6,500 as Tether Issues $50 Million Worth of New Tokens

The bitcoin price saw a slight bump on Monday, rising just under two percent to extend the market’s weekend recovery into the new week. After trading as low as $6,109 on Saturday, bitcoin is now priced at $6,458 on Bitfinex, which translates into a $111 billion market cap. While there are many factors that impact … Continued

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$6,000 a ‘Crucial’ Level for Bitcoin Price: Canadian Crypto Fund

Bitcoin’s $6,000 price region has been described as a crucial support by Rivemont Crypto Fund, based in Canada. The details of this description is recorded in a post on the company’s facebook account where the factors leading to this conclusion were discussed. A Strong Support Region The next direction of Bitcoin price has been a

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$43 Billion Wiped Out of Crypto in 5 Days as Bitcoin Price Rebounds

Over the past 24 hours, Bitcoin, Ethereum, and Bitcoin Cash recovered by around four percent, as the crypto market added $8 billion to its valuation. On August 11, the crypto market lost more than $12 billion of its valuation as major cryptocurrencies recorded large losses. Since then, the market has slightly recovered but the momentum … Continued

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Bitcoin and Ethereum Fall Substantially in $18 Billion Crypto Market Wipeout

Over the past 24 hours, the crypto market has recorded a loss of $18 billion, as major cryptocurrencies including Bitcoin, Ether, EOS, and Bitcoin Cash dropped by 4 to 13 percent. While Bitcoin ended the day with a 4 percent decline in its value, Ether, the native cryptocurrency of Ethereum, plummeted by 13 percent against … Continued

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Newsflash: Bitcoin Price Tumbles to $5,995 on Bitstamp as Market Hits 6-Week Low

The bitcoin price dipped below the $6,000 mark on cryptocurrency exchange Bitstamp, forcing the flagship cryptocurrency to a six-week low. The market had made a lukewarm recovery earlier in the day, with bitcoin creeping up to $6,600 and other large-cap cryptocurrencies following suit. However, as CCN reported earlier today, bitcoin remains trapped in a severe … Continued

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‘Game Over’ for Bitcoin, Claims Bearish Technical Analyst

If the bitcoin price falls below the important year-to-date support level, the dominant cryptocurrency will suffer irreparable damage in the marketplace. This is the opinion of Renaissance Macro Research, quoted by CNBC on Thursday Aug. 9. Bitcoin May Be ‘Permanently Impaired’ According to the financial analysis firm, what bitcoin is facing right now could be … Continued

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Is it Game-Over for Bitcoin? This Wall Street Analyst Says Yes

BTC price

Both Bitcoin bears and bulls will be watching the BTC price over the weekend. While some see a potential corrective rally occurring, others believe the cryptocurrency is at the end of its road.

One Wall Street analyst believes the latter. In fact, Jeff deGraaf said it’s “game over” for Bitcoin.

But is that true?

Wall Street Analyst Pessimistic about BTC Price

Yesterday, CNBC reported that Jeff deGraaf of Renaissance Macro Research declared that Bitcoin is “permanently impaired.”

He then added that investors should start betting against the cryptocurrency, but only ...

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Bitcoin Price Intraday Analysis: BTCUSD Bull Pennant Formation

The Bitcoin price regained some of its lost value on Thursday following a small but noteworthy correction. The BTC/USD pair yesterday established a new intraday low at 6131-fiat, a level that attracted buyers waiting to buy the dip, and has gained as much as 7% value ever since. The early Asian trading hours today witnessed

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Bitcoin (BTC) Falls Close to $6,500 After SEC ETF Delay

Bitcoin news

The latest Bitcoin news is that Bitcoin (BTC) has taken a major hit this week and has dragged the rest of the cryptocurrency market down with it. At press time, the total cryptocurrency market is sitting at just above $225 billion, which is $75 billion lower than what it was just two weeks ago.

Within the last 24 hours, the crypto market has dropped almost $20 billion.

Bitcoin News: Bitcoin (BTC) Struggles

According to CoinMarketCap, Bitcoin (BTC) is currently trading at $6,509.67, down -8.50% in 24 hours. For the week, BTC price is down ...

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Newsflash: Bitcoin Price Drops to $6,180 as Market Hits 3-Week Low

The bitcoin price took another major downward pivot on Wednesday, forcing the value of the flagship cryptocurrency to a three-week low. Bitcoin spent the majority of the morning and early afternoon trading near $6,500 but proved unable to sustain that level heading into the evening. Following a thirty-minute stretch that saw BTC/USD shed close to … Continued

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Bitcoin Price Plummets to Mid-$6,000 as Crypto Market Crashes: Factors and Trends

Similar to the short-term trend outlined by CCN yesterday, the Bitcoin price has dropped by mid-$6,000 as it failed to demonstrate a recovery in its volume. Yesterday, CCN reported that the volume of BTC and the rest of the crypto market have dropped substantially since late July, by more than 30 percent. Given the failed

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Newsflash: Bitcoin Price Slips Below Crucial $6,800 Support Level

The worst does not appear to be over for the bitcoin price, as the flagship cryptocurrency on Tuesday slipped below $6,800, a mark that many analysts had pegged as a critical support level for BTC’s short-term prospects. Bitcoin had spent the majority of the day trading above the $7,000 mark. However, as CCN reported, the

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Is Bitcoin Broken? Tom Lee Says Bitcoin Misery Index Indicates No

Fundstrat Bitcoin Misery Index

Tom Lee has always remained optimistic about Bitcoin. True, the Tom Lee Bitcoin price target did change from $25 thousand to $20 thousand last month, but the Fundstrat co-founder is still confident. In fact, Lee remains confident because of what the Fundstrat Bitcoin Misery Index is indicating.

Fundstrat Bitcoin Misery Index: BTC is at 39%

On Monday, Tom Lee went against the Bitcoin bears, announcing that no, Bitcoin “isn’t broken,” even if it stays at the current price—which, at press time, is $7,120.73. He also said that Bitcoin is not broken if it’s holding at the ...

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