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Bitcoin Price Prediction as BTC Completes 61.8% Fibonacci Retracement - Time to Buy the Dip?
16.12.2022
On Friday, the Asian session saw more selling in the cryptocurrency market as the US Federal Reserve and the European Central Bank raised interest rates. Despite the BTC sell-off, the Bitcoin price prediction remains bullish as long as it remains above the $17,000 support zone....
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Bitcoin Price Prediction as BTC Spikes Above $18,000 For The First Time in 30 Days and Falls Back Down – Time to Buy the Dip?
15.12.2022
In our Asian session Bitcoin price prediction, we predicted BTC would fall further to complete a 61.8% Fibonacci retracement at $17,440 before rebounding. BTC has dropped to trade near $17,500; closing candles above this level can cause a bullish bounce.
The aggressive FOMC and Fed rate hike...
Bitcoin Price Prediction as US Fed Interest Rate Decision is Announced – Can BTC Pump Up 50% This Week?
15.12.2022
Following the release of the Fed rate hike decision, which is strengthening the US dollar and eventually causing a drop in BTC price, Bitcoin price prediction has turned bearish. Bitcoin price reached a high of $18,400 before a negative reaction. Now, BTC is trading close to a crucial support...
Bitcoin Price Prediction as US Inflation CPI Data is Released – BTC to the Moon?
13.12.2022
Bitcoin price prediction has turned bullish, with BTC surging more than 5% to the $18,000 level following the release of lower-than-expected US CPI figures. Inflation in the United States slowed to 0.1% from 0.4% in October, a positive development for the Federal Reserve's efforts to rein in...
Bitcoin Price Prediction as ARK Invest’s Cathie Wood Praises BTC Despite Bear Market – Here’s Where BTC is Targeting Now
12.12.2022
Following the bearish breakout of the upward channel on December 12, the Bitcoin price prediction turned bearish. It was supporting Bitcoin near the $17,000 level, and now, following a bearish breakout, Bitcoin price is vulnerable to the $16,750 level.
Ark Invest's CEO Cathie Wood recently tweeted...
Bitcoin Price Prediction as $15 Billion Trading Volume Shoots BTC Above $17,000 – New Rally Starting?
11.12.2022
On December 11, the Bitcoin price prediction remains mixed as BTC consolidates in a narrow range of $17,000 to 17,350 despite trading volume shooting to $15 billion. New Jersey has set a goal of becoming the most crypto-friendly state in the United States. ...
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Bitcoin Price Prediction as BTC Volume Surges to $22 Billion – Here’s Where BTC is Headed Next
10.12.2022
On December 10, the BTC/USD pair continued to consolidate in a narrow range of $16,000 to 17,350. Stronger-than-expected US PPI figures from the Bureau of Labor Statistics have kept Bitcoin's uptrend limited....
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Bitcoin Price Prediction $20 Billion Trading Volume Pushes BTC Back Above $17,000 – Here’s Where It’s Headed Next
9.12.2022
On Friday, the BTC/USD pair traded strongly bullish, rising above the $16,750 level to $17,350. However, the stronger-than-expected US PPI figures from the Bureau of Labor Statistics have triggered a minor bearish correction, causing BTC to lose nearly 1.50% in the last few hours....
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Bitcoin Price and Ethereum Prediction; US PPI Figures to Drive Market Sentiment
9.12.2022
The upward channel triggered a rebound in Bitcoin price above the $16,740 level on December 09, and it is now trading above the $17,200 level. Similarly, Ethereum has risen above the $1,280 level ahead of the US PPI figures, which are regarded as the most important economic event....
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Bitcoin Price Prediction as BTC Falls Below $17,000 – How Low Can it Go?
8.12.2022
The BTC/USD pair is trading sideways, maintaining a narrow range of $16,750 to $16,900 on December 8, but Bitcoin price prediction remains bearish following the breakout of an upward channel.
Bitcoin has dropped 75% this year from its previous high of $69,000. However, the cause of these massive...
Bitcoin Price Prediction – When Will the Next Bull Market Start?
7.12.2022
Bitcoin price prediction turned bearish on November 7, following the bearish breakout of a major support level of $16,900. The breach of the upward trendline has increased selling pressure on Bitcoin, potentially leading to a drop to $16,500.
Let's take a quick look at the market's...
Bitcoin Price and Ethereum Halt Downtrend; Can BTC Rally to $17,500 Today?
7.12.2022
Bitcoin, the leading cryptocurrency, finally found support near the $16,900 level on December 7, which is being extended by an upward trendline. The second-most valuable cryptocurrency, Ethereum, is also supported above $1,240, a level that is extended by a double-bottom pattern visible in...
Bitcoin Price Prediction – Can $BTC Fall to $10,000? Find Out Here
6.12.2022
On Tuesday, the BTC/USD pair fell to a support area of $16,900, and the closing of candles above this level is making Bitcoin price predictions bullish.
Aside from the technical aspects, Bitcoin's Lightning Network is making headlines, has a positive impact on BTC adoption and, ultimately...
Bitcoin Price and Ethereum Have Given Up Earlier Gains; Axie Infinity Jumps 30%
6.12.2022
On December 6, Bitcoin, the leading cryptocurrency, gave up most of its gains, having lost nearly 2% to trade at the $16,980 level. Most of the selling trends in the crypto market could be associated with a stronger US dollar. Interest rate speculation increased on Monday after a US services index...
Bitcoin Price Prediction as BTC Jumps Above $17,000 – How Much Higher Can it Go?
5.12.2022
On Monday, Bitcoin price prediction is bullish because BTC has already broken through a major resistance level of $17,200, and closing candles above this level keeps BTC bullish.
The BTC/USD opened trading on December 5 at $ 17,128 and has since risen by more than 2% to $17,398. The BTC/USD pair...
Bitcoin Price and Ethereum Back above $17,000 and $1,300 - Time to Buy?
5.12.2022
On December 5, Bitcoin, the leading cryptocurrency, finally broke above the major resistance level of $17,000, and it is now heading north to $17,600. Similarly, Ethereum, the second-most valuable cryptocurrency, has broken through the $1,300 barrier and is on its way to $1,350....
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Bitcoin Price Prediction – Can Bulls Push BTC Up 50% This Week?
4.12.2022
On Sunday, Bitcoin price prediction remains neutral, as BTC has failed to break out of a narrow range of $16,850 to $17,250. Bitcoin miners appear to have given up on the long-term profitability of holding any significant amount of the pioneer crypto and are instead selling off enormous quantities...
Bitcoin Price and Ethereum Prediction; Fantom Pumps 28% in Seven Days
4.12.2022
Bitcoin, the leading cryptocurrency, struggled to break above the $17,250 level on December 4, and it is now heading lower to $16,900. Similarly, after being rejected at $1,300, Ethereum, the second-most valuable cryptocurrency, has fallen and is now consolidating near $1,275....
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Bitcoin Price Prediction: Experts predict explosive growth as BTC breaks above $17,000
3.12.2022
Bitcoin price prediction is neutral, as it remains in a narrow trading range of $16,850 to $17,250. Investors are waiting for a solid fundamental reason to trigger a breakout, but once it breaks out of this range, there will likely be an incredible trade opportunity.
So it's important to keep...
Bitcoin Price and Ethereum Prediction; Hot US NFP Backs the Fed’s Call for Higher Rates
3.12.2022
On December 3, Bitcoin, the leading cryptocurrency, struggled to break above the $17,250 level, and it is now heading lower to $16,900. Similarly, Ethereum, the second-most valuable cryptocurrency, has fallen after being rejected at $1,300 and is now consolidating near $1,275....
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