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Bitcoin’s Price Stays Still In The Weeks After The Massive Crash

Bitcoin’s price stays still in the following weeks after the most recent crash and the rest of the DeFi coins are booming as well. In our latest Bitcoin news, we can see that the price of the number one cryptocurrency is doing well after the crash. At just a level of $10,468, the price of BTC is well above the $10,000 level for the fifth day in a row according to the data analytics center Messari. The traders are still remaining patient after the Bitcoin’s price jumped off a cliff and gained confidence at the start of the month. It…

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Bitcoin Enters Golden Accumulation Zone After Recent 20% Crash

Bitcoin enters golden accumulation zone after the recent 20% crash according to analysts and this could be the first time for the traders to refill their stash as the asset is trading close to the multi-week low levels. In our latest bitcoin news today, we are reading more about the price analysis. The charts show that bitcoin enters golden accumulation zone as per the fundamental and technical catalysts that could boost the cryptocurrency price higher. The BTC/USD pair is trading below the purchasing price which means most of the traders will be selling their coins at a loss which will…

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What is the bottom for Bitcoin’s crash? When should you buy BTC now?

Bitcoin has crashed from $12,000 to below $10,000 all in under a week. Six months after suffering a brutal crash, bitcoin is crashing yet again and unlike the last time, the reason is slightly different. The blame is in part on miners who seem to be selling off their holdings rapidly. How do miners fit here? While miners are an absolute necessity to the ecosystem they have and will always be a constant source of selling pressure. Miners mine bitcoin and this operation of theirs is expensive. To support the operation, miners sell their mined bitcoin to a widely adopted…

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Here’s why Bitcoin flash crashed and what to expect next

Bitcoin witnessed a crash from $11,700 to $11,100 in less than an hour and has taken down a lot of altcoins with it. As seen below, most of the altcoins are bleeding red. CoinGecko showed that almost all coins in the top [excluding stablecoins] are all down by 2-6% in the last hour, with the exception of Polkadot. Source: TradingView this has also caused a cascade of liquidations that range as much as $45 million with about $9 million worth of sell liquidations. The crash seems like it has halted considering the retreating red candles with an exposed wick. Bitcoin’s…

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Bitcoin Touched $12,000 Before Crashing By $1000 In A Matter Of Minutes

Bitcoin touched $12,000 just a day ago but crashed by $1000 in a matter of minutes. However, the market sentiment remains unphased so let’s find out more in our Bitcoin latest news. Bitcoin touched $12,000 which is the highest value this year but immediately suffered a rejection soon after. The trading volume and the market sentiment for the cryptocurrency picked up quite a bit in the previous weeks alongside the bullish price action. Today’s drop came shortly after a flurry initiated at $99,964 wick on the quarterly BTC futures contract on Binance as the trader sentiment remains unshaken. BTC Daily…

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