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Tag "btc"

Bitcoin Technical Analysis: BULLS HANG ON…FOR NOW 0

Bitcoin has managed to hold onto most of it’s gains over the past 3 days. As of writing this, $3,600 is acting as support once again. Volume has slowly dropped

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Bitcoin, EOS, Ethereum and Ripple Analysis: BREAKOUT 0

Bitcoin has been consolidating within a falling wedge these past couple weeks. Today it broke out of that wedge with a nice increase in volume behind it. Volume is no

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Bitcoin, EOS, ETH and Ripple Analysis: QUICK UPDATE 0

Bitcoin has broken below the $3,400 support, currently trading around $3,365 on Coinbase. Volume remains weak. EOS seems unable to break above the $2.45 resistance, currently trading at $2.36 on

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Bitcoin Technical Analysis: CONSOLIDATING BEFORE NEXT MOVE 0

Bitcoin continues consolidating right on top of the 0.786 fib level. It’s been testing the top of what appears to be a falling wedge, but has yet to break out

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Bitcoin Technical Analysis: BULLS STRUGGLE… IS A LARGER MOVE COMING? 0

Bitcoin continues to bounce on top of the $3,400 support (on Coinbase). Volume has been declining over the past 48 hours. Zooming out on the weekly chart, we get much

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Technical Analysis for Bitcoin, EOS, ETH and XRP: BRIEF OVERVIEW 0

Bitcoin has broken back below $3,400 (Coinbase). EOS is hovering around $2.27 (Bitfinex) and seems to be eyeing the $2.11 support. Ethereum is sitting on the $100 phycological support. If

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Technical Analysis for Bitcoin: Quick Update 0

Bitcoin finally broke down below the $3,500 support it’s been hovering on for the last 2 weeks. It dropped to the known $3,400 support and is currently trading around $3,430.

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Bitcoin Technical Analysis: PRICES SPIKE, BUT DON’T GET COMFORTABLE YET 0

Bitcoin’s price spiked from a low of $3,480 to $3,700. It’s currently trading around $3,670 on Coinbase. We know $3,600 was acting as a strong support before prices dropped 2

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Bitcoin and EOS Technical Analysis: WEEKEND UPDATE 0

Bitcoin is consolidating right on top of the $3,600 support zone. Should price decisively break below $3,600, the next relevant area of support is between $3,400 and $3,250. In my

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Bitcoin Technical Analysis: THE BEARS HIT BACK 0

In my last update, I warned market makers may push price down to liquidate long positions. We had longs stacked and shorts falling off with extremely low volume. This was

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