Pro Traders Tread The Cautious Path As Bitcoin Rally Scatters Bearish Sentiment

Pro Traders Tread The Cautious Path As Bitcoin Rally Scatters Bearish Sentiment

Having broken a descending wedge pattern, Bitcoin surged up to an impressive 22% increase this week. The crypto giant reached its highest since June 15 this week. With a good surge in price, no doubt the bear was attacked but the bear sentiment remains strong prompting pro-traders to maintain an overall cautious outlook. After enduring …

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Bitcoin Market Analysts Divided Over Price Trajectory

CryptoCaptain market sentiment

Yet another choppy week of price action in the crypto sphere. With Bitcoin down by about 4.7% this week, having tested a resistance at $40,760 last week. Analyst remain divided over short and intermediate term trajectory of the cryptocurrency giant. Bloomberg Analyst: Bitcoin more likely to hit $100K than $20K in 2021 Bloomberg senior commodity …

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Bitcoin Bull Run Finally Coming To An End?

A bull and a bear fighting - CryptoCaptain

A week that sees Bitcoin trying to stage a comeback in order to catch up with spectacular price action seen in Ethereum and other altcoins. Is the Bull season over?   Comedian Bill Maher Just Made Bitcoin Decidedly ‘Uncool’ The power being used right now to guess numbers and win imaginary prices is the same …

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Bitcoin To Hit 100k This Year Despite Recent Price Slump – Experts Believe

Market Sentiment

The flagship cryptocurrency has been recovering from its recent slump of around the 46,000 range having attained ATH of $64,900 last-week. Despite recent panic, some analyst still expects six-figure Bitcoin prices this year. Pending any dramatic movement in price today, this is the first time in six years that Bitcoin will end the month of …

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A Red Week But Bitcoin Still Bullish

Bitcoin Weekly Chart

A red week for Bitcoin and the cryptocurrency market. With only a few exceptions, almost every crypto experienced a decline this week. Bitcoin saw a stormy week in which the price dropped by a steep 20% to break beneath $50,000 and reach as low as $47,500 today.   Peter Brandt: ‘Laser eyes’ to blame for …

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Bitcoin: Is $70k in Sight?

Bitcoin Record High week

A week that sees Bitcoin break above the stiff overhead resistance at $61,825.84, indicating the resumption of the uptrend. The sharp rally also completed the breakout from the inverse head and shoulders pattern that has a target objective at $69,540. Bitcoin traded at a record high of $64.5k this week. Will Bitcoin continue an upward …

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Bitcoin Consolidating Recent Gains

Bitcoin Weekly Analysis

Taking about 10% fall in price in the past seven days, the cryptocurrency giant Bitcoin has experienced a fall throughout the week after slipping beneath an ascending trend line around the previous ATH from February at around $58,300, back on Monday. On Saturday March 20th, Bitcoin was rejected trying to break through the $60k resistance …

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Bitcoin Price Analysis: Resistance Stumbling Block For New ATH?

Having touched an all time high of $61k, Bitcoin experienced yet another week of volatility which sees the digital currency giant take a peel back and retracing to week low of around 53k. Most altcoins experienced similar trend however, some performed much better than others. Is Resistance the hurdle to setting a new ATH?   …

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Bitcoin’s Next Station $100k?

Current crypto market sentiment Cryptocaptain.com

Along the US goverment’s economic stimulus package and large investors’ crypto buyings,  the whole week witnessed a large rebound of Bitcoin from $49k to $57k after its recent correction since February 22. Will Bitcoin go above its all time high anytime soon? Exciting stimulus news makes impact? The crypto giant made gains on Sunday moving …

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“The Road To Glory Is Always Bumpy” – While Bitcoin Corrects, Long Term Sentiment Is Still Bullish

The Road to Glory is Bumpy #Bitcoin

The past two days showed a 15% dip to the cryptocurrency king, Bitcoin. This dip has brought about panic as investors fear that further downward trend of the cryptocurrency could lead to more investors liquidating. Bybt reports via their twitter account that there’s been a total of $4.4 billion liquidated in the past 24hours. https://twitter.com/bybt_com/status/1364118435907526656?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1364118435907526656%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fpublish.twitter.com%2F%3Fquery%3Dhttps3A2F2Ftwitter.com2Fbybt_com2Fstatus2F1364118435907526656widget%3DTweet …

Read more“The Road To Glory Is Always Bumpy” – While Bitcoin Corrects, Long Term Sentiment Is Still Bullish

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