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Tag Archives: Sharp

Crypto Markets See Sharp Rebound, but Total Market Cap Still Below $200 Billion

Sunday, September 9: following the bloodbath after this week’s market crash, Bitcoin’s (BTC) price spiked sharply today. Altcoins have mostly followed suit, making markets a mix of red and green, as data from Coin360 data shows. Market visualization from Coin360 Bitcoin (BTC) jumped over 3 percent in under an hour today, proceeding to trade sideways just under the $6,400 mark ...

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Bitcoin (BTC) Price Watch: Sharp Tumble on Resistance Test, Goldman Sachs Update

Bitcoin Price Key Highlights Bitcoin price slumped below its short-term rising wedge after also hitting the resistance on a larger wedge formation. Price could set its sights on the long-term support around $5,800 to $6,000 from here. Technical indicators are still reflecting the presence of bullish pressure, though. Bitcoin price made a downside break from a short-term consolidation pattern and ...

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Crypto Markets See Sharp Decline as Total Market Cap Drops $12 Billion in One Hour

Wednesday, September 5: crypto markets have suffered a sharp decline within one hour, with total market cap down $12 billion and almost all of the top 100 coins by market cap in red, according to Coinmarketcap. Market visualization from Coin360 Major cryptocurrency Bitcoin (BTC) has again dipped below the $7,000 point today, according to Cointelegraph’s BTC price index. Bitcoin is ...

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Newsflash: Bitcoin Price Analysis – Bullish Territory Before a Sharp Return

At last, Bitcoin price stopped taking strikes from its crucial resistance level near $6,500 and went for a home run, instead. Then, the referee called it a foul. In simple words, Bitcoin crashed towards the same consolidation range that was holding it before the upside breakout. The BTC/USD on Wednesday attempted a strong upside breakout, rising as much as 7.8 percent and ...

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Ethereum Price: Dip Below $310 Triggers Sharp Rebound

It has always been difficult to make sense of the cryptocurrency markets and their momentum. Today is no different, even though there are some very bothersome trends. Despite a small push by Bitcoin, the Ethereum price remains well behind. It is evident a lot of speculators are cooling off on this alternative to Bitcoin right now. What Comes Next for ...

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Bitcoin (BTC) Price Watch: Sharp Selloff on South Korea Update

Bitcoin Price Key Highlights Bitcoin price broke below its short-term triangle consolidation and rising channel to pave the way for a larger pullback. The Fibonacci retracement tool shows the potential support levels where buyers could be waiting. Price might also be forming a larger ascending channel on its 4-hour time frame as indicators still support an uptrend. Bitcoin price was ...

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Bitcoin Price Watch: BTC/USD Made Sharp U-Turn

Key Points Bitcoin price failed to capitalize above $8,800 level and declined sharply against the US Dollar. BTC/USD broke this week’s ascending channel with support at $8,500 on the hourly chart (data feed from Kraken). The pair settled below a key support at $8,400 and the 100 hourly simple moving average. Bitcoin price made a sharp U-turn from $8,800 against ...

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Japanese Regulator Sees Sharp Spike in Cryptocurrency Queries in Q1 2018

Join our community of 10 000 traders on Hacked.com for just $39 per month. Japanese consumers are filing over three times the number of cryptocurrency enquiries  in the first three months of 2018 compared to the previous quarter, figures from the country’s financial regulator reveal. According to numbers disclosed by the Financial Services Agency’s (FSA) Counseling Office for Financial Services Users ...

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