Crypto market (5)

Expected falls for the crypto market

Crypto market update: 21-27 september 2020.Despite the generalised falls in the crypto prices this week (80% of them lost value), the BTC and other altcoins, excepting the ETH, are holding up well as the leading cryptocurrency has once again a solid support, trading at the…

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The BTC whales are in "Holding" mode

Crypto-market update: 14-20 september 2020.It seems that the BTC whales are keeping their balances in their wallets, which is strengthening the upward trend that the leading cryptocurrency is experiencing in the short term. It is clear that big BTC holders has less pressure to sell.Source:…

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Is the $10,000 support in danger?

Crypto market update. 31st August to 6th SeptemberWithin the last days of the week there was a dramatic drop in the BTC price very close to the $10,000 support line. The question is whether this line is really as strong as it was thought weeks…

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Downward trend, consolidated position

Cryptomarket update: 30/08/20Although the BTC price fell about 10% during this week, the bullish trend continues to control the BTC market. Looking at the chart from March this year until now with an increase of more than 100% you can see how insignificant this correction…

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Strong resistance for BTC

Cryptomarket update. 3rd week august.Bitcoin has found very strong resistance above $12,000 so its upward trend has been halted during the 3rd week of this month, falling towards the 11,600 support level, meaning that buyers have not shown enough strength to continue to maintain this…

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