Bitcoin hits pivot resistance and may be rolling over
Bitcoin has rallied over the last 24 hours. However, it has hit a critical level and looks to be reacting off of it.
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Bitcoin has rallied over the last 24 hours. However, it has hit a critical level and looks to be reacting off of it.
Elon Musk is a known proponent of Dogecoin, which moved higher on reports and the eventual announcement that Twitter has agreed to be acquired by Tesla’s CEO
Cryptocurrencies have aligned themselves with the risk side of the market. More aggressive monetary policy is putting them under pressure.
Bitcoin bounced off its support pivot. However, the crypto may be running out of steam.
Investors are in good mood today and BTC/USD extends its gains into the fifth straight day, trying to surpass key technical levels.
Bitcoin support is at the psychological $40,000 area.
Bitcoin has been cyclical since the beginning of 2021.
EH/USD plunged on Monday amidst risk aversion and US Dollar strength, but reacts today as the greenback steadies
DOGE/USD trades with caution as markets digest Mr Musk’s weekend comments around the cryptocurrency and the rejection of a seat at Twitter’s Board
Bitcoin pulls back, as Treasury Secretary suggests regulation.
Since the launch of Bitcoin (BTC) in 2009, the concept of digital currency has grown by leaps and bounds. In fact, the entire blockchain ecosystem has evolved from science fiction into being part of the financial mainstream. From collectibles like non-fungible tokens (NFTs) to the fledgling world of decentralised finance (DeFi), the blockchain and cryptocurrencies appear here to stay. While the functionalities and applications of the blockchain are robust, valuing…
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