Bitcoin price climbed higher and it settled above the $34,000 level against the US Dollar. BTC is likely to continue higher if it settles above $35,000 in the near term. Bitcoin started a fresh increase above the $33,500 and $34,000 resistance levels. The price is now trading nicely above $34,000 and the 100 hourly simple…
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Bitcoin has had a miserable couple of months since hitting a new all-time high this year. The asset recently broke the $30K resistance level last week and fell down to $28K. Before promptly recovering back up over $30K and trending upwards towards $34K. This is a critical resistance point for bitcoin. Breaking this price could…
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Binance has been the largest crypto exchange in the whole world. However, although not minding its reputation, the UK Financial Conduct Authority (FCA) has banned it from operating in the country. According to the regulatory body, Binance is no longer permitted to carry out regulated activities in the country from June 30, 2021. “BINANCE MARKETS…
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The press releases are on fire today as Polygon has announcements firing out left and right. The platform has announced ‘Avail’ – described as “a robust general-purpose scalable data availability layer”. Additionally, the platform announced the launch of yield aggregator Pickle.Finance. Polygon’s Latest: Avail In a press release to kick off the week, Polygon has…
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The Bitcoin June candle close is ugly, and clearly shows indecision in the market. Is the bull market structure broken, or are new highs still likely this year? No one knows, and price action has reached a stalemate. However, the Ichimoku indicator could not only provide information on what happens if support holds or fails…
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Currently sitting at nearly 35k, Bitcoin’s price this week has been affected good and bad, by both news from China cracking down on the coin, and that El Salvador is giving each of it’s citizens $30 of BTC. But thankfully, market analysts are still exceedingly bullish on Bitcoin breaking $40K quite soon. This due to…
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For the past 2 months, Bitcoin has undergone a significant downtrend. The price of the first cryptocurrency by market cap has dropped from an all-time high of $64,000 to its current levels at $34,100. BTC with minor losses in the daily chart. Source: BTCUSD Tradingview After such prolonged bearish price action, the general sentiment in…
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India is seeing explosive growth in crypto investments compared to last year as the $40 billion milestone is crossed. Rapid Growth In Cryptocurrency Compared To Last Year As per a Bloomberg report, Indian investors now hold $40 billion in virtual assets, a massive increase from $200 million a year ago. Traditionally, precious metals like gold…
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The Bitcoin and altcoin space never ceases to have new entries. From giant firms to government-back institutions and celebrities all joining the party, it’s no gain to say that the world has yet to witness the full-blown potential of crypto. Today, the latest entrant into the crypto-world is a prominent and controversial former batsman from…
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Louis Navellier was on CNBC to talk about the current chart movements in Bitcoin. Talking about the price movements, Navellier said he believed that the price could very well fall below $10k. According to Louis Navellier, the pandemic is taking us back to where we were before it all started. Pointing out that the price…
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