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Bitcoin Price Hints at Downside: Preparing for Potential Declines

[Jul 18, 2024 8:49 PM] Bitcoin price corrected gained from the $66,000 resistance level. BTC dipped below $64,000 and might extend losses in the short term. Bitcoin started a fresh downside correction from the $66,000 resistance zone. The price is trading below $64,500…

Bitcoin (BTC) Could Be On The Verge Of a 30% Gain, Here’s Why

[Jul 18, 2024 7:30 PM] Bitcoin seems on the verge of a massive breakout as it nears a crucial bull market trendline that broke in June last year. From a technical perspective, this development is an important step for Bitcoin to re-enter a price point that has…

Why Did The German Government Sell Off 50,000 Bitcoin In 2 Weeks

[Jul 18, 2024 7:30 AM] The German government has sold all of its Bitcoin (BTC) in just two weeks. The reason for the substantial Bitcoin dump was unveiled in a recent statement by the Saxony Central Office for the Protection and Realization of Virtual Currencies. Why…

Bitcoin Price Steadies: What Are the Chances of Another Rise?

[Jul 17, 2024 8:47 PM] Bitcoin price struggled to extend gains above the $66,000 resistance level. BTC is consolidating and holding gains above the $63,500 zone. Bitcoin struggled to continue higher above the $66,000 resistance zone. The price is trading above $63,500…

Bitcoin Bullish Signal: NVT Golden Cross Suggests BTC Oversold

[Jul 17, 2024 12:00 AM] On-chain data shows the Bitcoin Network Value to Transactions (NVT) Golden Cross is currently at a level that could suggest BTC to be underpriced. Bitcoin NVT Golden Cross Has Been Inside Oversold Region Recently As explained by an analyst in a…

Bitcoin Price On The Rise: Is The $70K Mark Within Reach?

[Jul 16, 2024 8:55 PM] Bitcoin price gained over 15% and broke the $65,000 resistance level. BTC is still showing positive signs and might attempt to move above the $66,000 level. Bitcoin extended its increase above the $65,000 resistance zone. The price is trading above…