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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 lingering subject within the ecosystem ...

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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 market has been plagued by ...

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BTCUSD Stabilizes Near Crucial Support Level

Just close to a week of bearish action, the Bitcoin market is taking a break near a crucial support level. So far, we have seen the BTC/USD establishing its latest high at 8512-fiat, upon which the pair has undergone strong bearish correction action. We had found a weak support at 7814-fiat, but it was invalidated by the prevailing sentiment, following ...

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Bitcoin (BTC) Price Watch: Bulls Defending Correction Level

Bitcoin Price Key Highlights Bitcoin price is still in correction mode but appears to be finding support at the nearest Fib. A bounce from current levels could take it back up to the swing high and beyond. A move lower, on the other hand, could indicate that a deeper pullback from the uptrend is in order. Bitcoin price has pulled ...

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Bitcoin Price Slips to $7,861 as Market Tests Key Support Level

The bitcoin price slipped back below the $8,000 mark on Monday, reversing the recovery that it had made heading into the weekend. Bitcoin entered the day trading above $8,100, a mark it largely held until shortly after 17:30 UTC when — after flirting with that level for approximately 20 minutes — BTC/USD experienced a sudden drop below $8,000. The bitcoin ...

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Bitcoin (BTC) Price Watch: Can Bulls Defend This Level?

Bitcoin Price Key Highlights Bitcoin price is testing the ascending channel support and might be due for a bounce. This is in line with a number of other inflection points that might be enough to keep losses in check. A continuation of the climb could lead to a test of the Fibonacci extension levels from here. Bitcoin price appears to ...

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Crypto Startup Introduces Alternative Mining Method for Entry Level PCs

Cryptocurrency mining, while also being an integral part of many blockchain networks, has become a source of profit and business for exclusive crypto firms. The recently-founded HoneyMiner startup is attempting to make mining more accessible to a wider array of consumers, by providing users, like you or I, with an innovative new platform. HoneyMiner: The New Way To Mine Cryptos ...

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Bitcoin’s Portion of Total Crypto Market Cap Hits Highest Level Since December

Bitcoin’s (BTC) dominance by market capitalization in the total crypto market posted its highest level in 2018 July 23, passing 46 percent for the first time. According to data from CoinMarketCap, Bitcoin dominance — defined as the percentage of the total market cap of all cryptocurrencies that is Bitcoin’s market cap — currently constitutes 46.5 percent, a level last seen ...

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Crypto Markets Recover After Weekend Losses Saw Bitcoin at Lowest 2018 Level

Crypto markets are seeing a tentative recovery today, June 25, as data from Coin360 shows, after yesterday saw leading cryptocurrency Bitcoin (BTC) hit its lowest level yet this year. Market visualization from Coin360 Bitcoin (BTC) is trading around $6,270 at press time, up about 1.3 percent over the 24-hour period. Yesterday, June 24, BTC plummeted to $5,833, its lowest price ...

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