Here’s the Key Level Bitcoin Needs to Hold Above to Remain Bullish

Here’s the Key Level Bitcoin Needs to Hold Above to Remain Bullish

Bitcoin has been caught within intense turbulence over the past several day and weeks, with its recent price action being primarily bear-favoring as the cryptocurrency struggles to gain any notable upwards momentum after falling below its key support level at $10,000. In the near-term, despite the overt bearishness of the price action seen over the past couple of days, it is possible that the crypto will soon break back above $10,000. In order for this…

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Ethereum Bounces at Key Support Level as Analysts Eye Explosive Short-Term Upside

Ethereum Bounces at Key Support Level as Analysts Eye Explosive Short-Term Upside

Ethereum’s recent rally up to highs of $290 has resulted in a major retrace, with the cryptocurrency’s inability to sustain its recent parabolic gains showing that its ongoing downtrend may cut significantly deeper before it finds any notable support. In the near-term, analysts are expecting the cryptocurrency to see some notable upwards momentum after it posted an incredibly bullish reaction to a fleeting visit to $240. It remains unclear as to how high the momentum…

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Bitcoin’s Dominance Shows That Altseason May Be Over… For Now

Bitcoin’s Dominance Shows That Altseason May Be Over… For Now

Bitcoin’s insane 2020 uptrend has allowed the benchmark cryptocurrency to rally from lows of $6,800 to highs of $10,500. Although these gains are nothing to scoff at, this bullishness has spilled over into the altcoin markets, allowing some other cryptos to significantly outperform BTC. Some of the altcoins that have outperformed Bitcoin include Ethereum, Tezos, and Chainlink, which have all seen uptrends that are emblematic of those seen in the early days of 2017. In…

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