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Bitcoin Stuck Near USD 9,300 While XRP, BNB and ADA Rally


Bitcoin price remained stable above the USD 9,200 level and it is currently (08:30 UTC) consolidating near the USD 9,300 resistance. If BTC settles above USD 9,300 and USD 9,320, there are chances of another strong upward move towards USD 9,550 in the near term. On the other hand, there was...

Bitcoin and Altcoins Stuck Below Key Breakout Hurdles


This past week, bitcoin corrected lower from the USD 10,400 resistance zone. BTC declined sharply below USD 10,000, but it found support near USD 9,300. It is currently (08:30 UTC) rising, but facing a major hurdle near the USD 9,850 and USD 10,000 resistance levels. Similarly, most major altcoins...

Bitcoin Stuck Below USD 10K, Altcoins Look Ready For Another Leg Higher


This past week, there was a downside correction in bitcoin price from the USD 10,000 resistance. BTC/USD traded below USD 9,550, but it found support near USD 9,200. Recently, it started a fresh increase and broke many hurdles near USD 9,550 to revisit the USD 10,000 region. Also, many major...

Bitcoin ‘Stuck in the System’ Until Merchant Adoption Grows


Although holders of both bitcoin (BTC) and gold are often motivated by an idea of investing in assets that are outside of the financial system, it might not be the case, according to a popular macro strategist who believes that that the next world reserve currency will be “a crypto.” Speaking with...

Ripple (XRP) Seems Stuck Around $0.1720 Despite a Surge of 7%


Once again, XRP coin saw a surge yesterday morning, and it has not traded below $0.1700 for even a single time. This shows how the altcoin is yearning for a stable trading session. Ripple, being the second most leading altcoin, has responded well to the Bitcoin’s price movements. Over a...

Bitcoin And Altcoins Stuck in Range Above Key Supports


After a steady rise, bitcoin price failed once again to stay above the USD 9,500 resistance. BTC/USD corrected lower and declined below the USD 9,400 level. It is now approaching a couple of important supports near the USD 9,250 and USD 9,200 levels. Similarly, there was a downside correction...

Is Bitcoin Stuck in a Downtrend?


Bitcoin saw a monumental rise in the early 2010s, which, as we now know, resulted in a burst bubble by the latter half of 2017. Since then, coupled with its slow rate of adoption and continual price fluctuations, analysts have started speculating that the cryptocurrency may well be stuck in...

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