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Bitcoinpriceprediction

False Bitcoin rumors revealing real market sentiment False Bitcoin rumors revealing real market sentiment Fake news sent Bitcoin up about 10% on Monday, surging from $27,900 to over $30,000 after Crypto news site Cointelegraph posted on X that the Securities and Exchange Commission had approved BlackRock’s spot bitcoin ETF application. In response to the rumor, BlackRock had to clarify that no decision had been made regarding their ETF application. Even though the rumor has now been debunked, Bitcoin is still up more than 5%, at $28,600, with some movement suggesting that buyers are still willing to prob for more gains. The 10% upside move has perhaps provided us with a preview of what might happen when/ if the SEC eventually approves or rejects BlackRock's Bitcoin ETF application. It could also be argued that we are also getting a glimpse into what could happen if the SEC rejects the application, with targets set at the pre-rumor price of $27,900 the first port of call.
BLACKBULL:BTCUSD
by BlackBull_Markets
BITCOIN 21-March-2023 ANALYSIS AND PREDICTIONSToday as we can see IN bitcoin price there is an resistance range between 28269- 28861 and a strong support zone is in between 26986-26807 SCENARIO 1 If we see a strong breakout above 28800 then only we should buy SCENARIO 2 For today if we see a breakdown below 27600 we should take take profit at support level because from there we can see a bounce back. CONCLUDING ANALYSIS Today I can see a range bound movement between 27600 - 28800. Strong breakout above 28800 can take the price upto 29000 and further more Wait for a clear and decisive move above or below of the given levels. ✅ BITCOIN SUPPORT AND RESISTANCE LEVELS SUPPORT 1 - 27600 SUPPORT 2 - 26800 SUPPORT 3 - 26000 STRONG SUPPORT ZONE - 26986-26807 RESISTANCE 1 - 28861 RESISTANCE 2 - 29394 RESISTANCE 2 - 30731 STRONG RESISTANCE ZONE - 39875-40000
BINANCE:BTCUSDLong
by kislaysumit
Ethereum Price Analysis: Ethereum Bulls ready to make SignificanWith the growing bitcoin dominance in the cryptoverse, altcoins are facing the fate of Bitcoin’s price action . In the year 2019 value of Bitcoin is more than tripled amid the positive outlook and some mainstream adoption of Cryptocurrency. With the announcement of Facebook’s Libra the market started climbing. The Bitcoin price surge to $13,000 and other altcoin’s value also surged in double-digit, but Bitcoin couldn’t hold the resistance and starting falling breaking all the support levels. Bitcoin’s freefall pushed the whole market down, the queen of Cryptoverse, Ethereum also lose more than 39% against Bitcoin . After breaking the support level of 0.025 BTC, ETH marked a new historical low of 0.020138 BTC on July 16. Ethereum is struggling to retain its position and dominance in crypto space but the efforts not really falling on the right place. However, traders are having different opinions when it comes to ETH / BTC price action, some traders are claiming the Eth/Btc price to surge all-time high breaking all the previous records, while other traders believe that ETH/BTC’s outlook is way far from bleak. According to the technical analysis of Ethereum, Eth has verifiably pursued a generally unsurprising direction against Bitcoin. That is as indicated by Panama B in his recent tweet. On July 25, the analyst exhibited how the ETH/BTC market pursued the very same example during its past two cycles. Another Trader Pato likewise contends that fractals present a bullish standpoint for ethereum price. Nevertheless, as per their analysis, each cycle has only two perceptible stages: conveyance and markup. Looking at the previous and current pattern of Eth/Btc, from July 17 to 25, ETH was exchanging inside a horizontal channel, with resistance at ₿0.0216. As indicated by our examination, it is probably going to diminish in the short term before continuing its upward momentum. A glance at the RSI demonstrates that there has been an exceptionally huge bullish divergence developing. This difference causes us to accept that the ETH cost will start an upturn towards the opposition line. Accordingly, while we expect short term decrease, the price of Ethereum is ought to start a bull run in long term. Source: Thecoinrepublic.com
BITSTAMP:BTCUSDEducation
by Wcolins