Bitcoin Price Analysis: Bear Markets Test Crucial Support Levels (bitcoinmagazine.com)

This morning marked another bearish day in the crypto-space as the entire market cap continued its multi-week-long decline. As referenced in a previous BTC-USD price analysis, we have continued to test the neckline of a massive, multi-week-long Head-and-Shoulders reversal pattern. At the time of this article, the market is making its second test of the ascending trendline (marked in yellow).Figure 1: BTC-USD, 6-hr Candles, Gemini, Head-and-Shoulders PatternA breakdown of the ascending…

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Markets Update: Cryptocurrency Prices Rebound After Last Week’s Dip (news.bitcoin.com)

The price of bitcoin seems to have found some stability over the past 24 hours, after last week’s sharp upward climb in value followed by a 30 percent dip the next day. Since the drop, the price has bounced back and is hovering around US$ 2250-2300 per BTC at the time of writing.
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Are Asian Markets Creating a Bitcoin Price Bubble? (news.bitcoin.com)

Bitcoin’s price has been rising so fast over the past two months people don’t know what to expect next. In Asia, the price is climbing higher than most western exchanges. Now many people are wondering how healthy the current price spike is and whether or not the digital currency is in a bubble that might be followed by a deep correction.
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