blockchain

Bitcoin Breaches $18,500 , But Wide CME Gap Could Halt Its Bullish Price Action

Bitcoin touched a yearly high of $19,400 before registering a 14% price correction last week. The price correction after three weeks plunged bitcoin prices to near the $16,500 mark on Friday. Bitcoin has managed to recover by almost $2,000 since then as its price touched a daily high of $18,569 and looks poised for another
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blockchain

Bullish Bitcoin price prediction looks shaky as BTC/USD dwindles near $19K

Optimistic Bitcoin price prediction under threat as BTC price rejected from $19,000 ‘whale cluster’ support area near $17,200 to provide immediate support Overbought technical indicators are signaling a reverse for BTC/USD BTC/USD still trading in a narrow range between $18,000 to $18,600 Bitcoin price consolidating near $18,500 amid thin weekend liquidity Bitcoin price is spending […] …

blockchain

What Happens When Bitcoin [BTC] Enters “Price Discovery Mode”?

Currently, at $18,727, Bitcoin (BTC) is looking for one final push above its all-time high of $20,000. However, this year’s rally is backed by major institutional participation with some big players in the financial space pouring millions of dollars into this digital gold. With the rising institutional participation, financial giants have started working out Bitcoin
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