Bitcoin monthly RSI provides a window of hope as BTC bulls battle multiple long-term resistance trend lines at once in February.
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Bitcoin monthly RSI provides a window of hope as BTC bulls battle multiple long-term resistance trend lines at once in February.
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The significance of Bitcoin’s weeks-long trading range is all the more apparent with BTC price at one-month highs, says analysis.
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Miners are in deep trouble due to increased hash rate and energy costs, but pro traders slightly added to their longs despite the recent BTC pullback.
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Bitcoin retains $17,200 after an overnight squeeze takes BTC price action to within reach of one-month highs.
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Bitcoin faces more than just FTX fallout in December, with macro data due and the Mt. Gox payouts getting closer.
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BTC price is yet to decide on a target as $30,000 just about holds into the new week’s Wall Street trading.
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Long positions suffer across Bitcoin and altcoins as BTC gets sent back to exchanges for potential sale.
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Is it really different this time? Bitcoin is back at the yearly open, but they jury’s out when it comes to what’s next.
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A comedown from its highest levels in a week sees Bitcoin price action hover immediately under short-term support targets.
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2022’s bear is 2019’s bull as Bitcoin active entities number around 275,000 per day in February.
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