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Bitcoin Technical Analysis: BTC Price Holds Above $35,000 But Momentum Slows


Bitcoin’s price is holding above the $35,000 level, but positive momentum has slowed over the past week according to technical indicators. The world’s largest crypto asset by market capitalization closed at $35,369 on November 8. As Global Markets Show Mixed Signals, Bitcoin Rally...

Bitcoin’s Price Surge Fails to Entice Former Day Traders


The price of Bitcoin has rallied in recent weeks, more than doubling from its November 2022 lows after the UK collapse of the cryptocurrency exchange FTX. Former day traders who previously made big profits from Bitcoin’s volatile swings say they have no plans to return, however, even...

This New Tool Track’s Bitcoin’s Price Without Using An Exchange


The Bitcoin blockchain alone is now capable of tracking Bitcoin’s price without help from the outside world, thanks to a developer’s new tool. As created by @SteveSimple on X (Twitter), UTXOracle is a Python program that “estimates the daily USD price of bitcoin using only your bitcoin Core full...

Navigating strategies during Bitcoin’s price dips


Every significant cryptocurrency, including Bitcoin, had a challenging year in 2022. Bitcoin, the largest cryptocurrency in the world, lost approximately 65% of its market value in 2022 due to a succession of unforeseen events, such as the collapse of the largest crypto exchange, FTX, the Terra...

Analyzing Bitcoin’s price volatility impact on the crypto industry


Price volatility continues to be a part of the crypto-economy, with no specific prediction about its conclusion. As for BTC, volatility is evident from the most recent numbers, wherein the token has slipped way below the expected mark of $30k. BTC was dancing around $65,000 in 2021, which is nearly...

Bitcoin’s price fluctuations: Insights for savvy investors


Bitcoin has been steadily rising, but there is a potential hurdle ahead. The US Federal Reserve and the UK Central Bank raised interest rates. If such rate hikes continue, it could lead to a drop in Bitcoin’s price. Higher interest rates might attract investors to traditional assets like...

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