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Bitcoin and Altcoins Correcting Gains


This past week, bitcoin price climbed towards the USD 8,400 level and later started a major downside correction. BTC/USD declined more than USD 1,000 and tested the USD 6,600 support area. However, the price bounced back sharply in the past two days and rebounded above USD 7,450 and USD 7,800....

Bitcoin and Altcoins Decline Sharply


After tagging the USD 8,350 level, bitcoin price started a downside correction. BTC/USD broke the key USD 7,680 support level and declined heavily. The price is down around 10% and it recently tested the USD 7,000 support area. Similarly, there were sharp downsides in most altcoins such...

Bitcoin Outpaced by Altcoins in Significant Upsurge


There was another upward move in bitcoin price above USD 8,300, but it failed to hold gains and corrected towards USD 8,000. BTC/USD is currently (08:10 UTC) consolidating and it could once again pop towards the USD 8,300 level. More importantly, there were sharp gains in many altcoins, including...

Bitcoin Consolidating Gains While Altcoins Continue Higher


After a strong rally, bitcoin price started a downside correction below USD 8,200. BTC/USD declined below USD 8,000 and it is currently consolidating gains. On the downside, there are many supports near USD 7,860, USD 7,750 and USD 7,680. Conversely, there were further gains in ethereum and ripple....

Bitcoin Up More Than 100% in 2019, Altcoins Rally


The past three sessions were super bullish and bitcoin price broke many important resistance levels, including USD 7,650 and USD 7,800. BTC/USD even surpassed USD 8,000 and USD 8,200 to post a new 2019 high close to USD 8,350. Similarly, there were significant gains in most major altcoins. Ethereum...

Bitcoin and Altcoins Still May Regain Momentum This Week


This past week, we saw heavy gains in bitcoin above USD 7,000. BTC/USD gained more than USD 1,500 and traded close to the USD 7,550 level. Later, it started a downside correction below the USD 7,240 and USD 7,000 levels. However, the USD 6,750 level acted as a support and the price recently...

Bitcoin Rallies, Altcoins Trade Sideways


After yesterday’s downside correction, bitcoin price found support near the USD 5,750 level. BTC restarted its upward move and broke the USD 5,850 and USD 5,920 resistances. The bulls took control, pushing the price above the USD 6,000 barrier. The price even broke USD 6,100 and traded to a...

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