Bitcoin resistance levels
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BTC Struggles Post-FOMC: What Powell’s Speech Means for Crypto Investors!
- December 19, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
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Bitcoin faced turbulence after U.S. Federal Reserve Chair Jerome Powell’s recent comments, dropping below the critical $100,000 mark. His statements during the Federal Open Market Committee (FOMC) meeting on December 18th have stirred uncertainty across the cryptocurrency and equity markets, triggering sell-offs and cautious investor sentiment. Powell’s Stance on Bitcoin Dampens Market Hopes During the
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Bitcoin Dips Below $67K—Is a Crash to $60K Coming?
- October 24, 2024
- Posted by: Gordon
- Category: ICO Blog, IGH News, Market Insights, Market News
Bitcoin’s (BTC) price is cooling off after a spectacular rally to $69,000 last week, with analysts predicting more downward movement before a potential rebound. The leading cryptocurrency is down 4% for the week, encountering resistance as short-term sentiment turns bearish due to a bearish engulfing pattern seen in the charts. However, analysts are pointing to
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Bitcoin Nears $60K—Is the Bull Run Finally Here?
- September 10, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
Bitcoin is nearing a crucial resistance level at $60,000, with market sentiment turning bullish as investors await the US CPI data release on September 11. The cryptocurrency has seen a gradual recovery over the past few days, raising the possibility of a significant price breakout if economic data supports inflation easing. Momentum Building Around $57K
