bitcoin

New $45K BTC sell wall appears amid worries Bitcoin could retrace

Bitcoin (BTC) was up nearly 5% in 24 hours at the Wall Street open on March 25, but a new warning sign was giving traders cold feet. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitfinex whale flips to sell mode Data from Cointelegraph Markets Pro and TradingView confirmed BTC/USD hitting multi-week highs of $45,137 on March 25 as Wall Street got underway. As $45,000 reappeared for the first time since the start of the month, however, so did all-too-familiar behavior among some… Source link

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What are the BTC price levels to watch as Bitcoin nears March peak?

Bitcoin (BTC) closed in on its highest level of the month on March 25 with traders hoping for an end to months of consolidation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Terra BTC stash nears $1 billion Data from Cointelegraph Markets Pro and TradingView showed BTC/USD cementing recent gains to hit $44,698 on Bitstamp Friday.  With that, the pair was under $1,000 away from cracking the monthly high around $45,330. For traders, the yearly open at $46,000 was now of increasing… Source link

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Latest Litecoin price and analysis (LTC to USD)

Litecoin is currently trading at a six-week high of $125 after succesfully breaking above the $119 level of resistance. The 20th largest cryptocurrency by market cap, which is available to purchase on the Coin Rivet broker, now needs to avoid a dreaded lower high below $149. A lower high below that point would confirm the macro downtrend while extending downside targets down to as low as $91 and $70. However, if Bitcoin can break the $45,000 level of resistance on convincing… Source link

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Reaching Towards Crucial 200 Day EMA

Once we break out of this area, we will see a bigger move. Monero has had a bullish session on Thursday to break above the $200 level. Furthermore, it looks as if it is reaching towards the 200 Day EMA, an indicator that of course is rather crucial. The downslope of the 200 Day EMA continues to be a deterrent for buyers, but we are getting rather close to this area and if we were to break above it, then things would change rather rapidly. Advertisement Monero of course will be following some of… Source link

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Litecoin: Why this level is critical to regain a bullish edge

Litecoin’s (LTC) previous rally saw notable gains that halted near the 61.8% Fibonacci resistance. Since then, LTC has witnessed a strong reversal for over four months now. From here on, If the current candlestick closes below or near to the previous green candlestick, it would confirm an evening star pattern (bearish). Thus, a close below the current zone could propel a test of the $106-floor before a possible revival. At press time, LTC traded at $121.425. LTC Daily Chart Source:… Source link

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