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Bitcoin Technical Analysis: Bulls Challenge Upper Resistance


Bitcoin’s price movement on May 6, 2024, showcases a complex dance of volatility and potential, captured vividly across various time frames and technical indicators. With an intraday range swinging from $63,657 to $65,489, traders grapple with a trading landscape rife with both uncertainty...

Cardano stalls at support, eyes higher resistance despite bearishness


Open Interest in Cardano has remained stagnant between $0.68 and $0.447, demonstrating a lack of speculative sentiment in the market. Buyers, however, are looking to push the value for a higher resistance so that the token eventually breaks out at $1. Fibonacci is bearish, and so is the 1-day...

Bitcoin breaks $66k resistance, making short-term losses appealing


Bitcoin began its fresh increase around the 64,500 and 65,000 dollar resistance levels. The world’s largest cryptocurrency even pushed past the 66,000-dollar resistance mark. BTC managed to hit its weekly high of 67,200 dollars and is trying to consolidate its gains. Its price is gradually...

Bitcoin Price Prediction as BTC Spikes Up 2% – Time to Buy?


Bitcoin (BTC/USD)'s technical analysis indicates a turning point at $67,800, with potential resistance at $69,850 and $71,600, reaching up to $73,765. The post Bitcoin Price Prediction as BTC Spikes Up 2% – Time to Buy? appeared first on Cryptonews

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