Markets Update: Deflated Digital Asset Prices Bounce Back (news.bitcoin.com)

The price of bitcoin (BTC) has rebounded significantly since our last markets update. BTC markets reached a high of $ 16,100 across many global exchanges around 11:00 am EDT on December 26. The price spike is a big jump from yesterday’s weighted global averages of $ 13,800-14,000 per BTC on Christmas day.
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Bitcoin Price Analysis: Expect Some Lower Lows Before the Next Bounce (bitcoinmagazine.com)

Two days ago, I outlined a potential BTC-USD price breakdown due the broken hypodermic trendline.  Since then, the price has dropped nearly $ 7,000 and is showing signs of further downward continuation.  Let’s take a look at the chart from the last BTC-USD market analysis:Figure 1:  BTC-USD, 4-Hour Candles, Trend Prior to BreakdownAs you can see, the price was…

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Bitcoin Price Bounce Approaches $600

Bitcoin price is gradually approaching $ 600 (Bitstamp) as the chart’s momentum indicators show ongoing compensation for last week’s strong sell-off. Could advance continue immediately? Possibly, but with a few obstacles to consider. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now. Bitcoin Price Analysis […]

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