Analysis

Bitcoin has once again faced challenges in breaking through the $61,500 resistance zone, resulting in a fresh decline towards the $58,000 support level. This recent struggle highlights the volatility and unpredictability of the cryptocurrency market. Analyzing the hourly chart of the BTC/USD pair from Kraken, it is evident that Bitcoin failed to settle above the
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Growing up in Edo State, Nigeria, alongside my three siblings has been instrumental in shaping my character and worldview. My parents, who have been my unwavering rock throughout my life, have instilled in me values of perseverance and resilience. Their unwavering support in both good and bad times has provided me with a sense of
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Ethereum has shown a steady increase in price, surpassing the $2,650 resistance level. This uptrend in ETH has outperformed Bitcoin, indicating a strong bullish sentiment in the market. The price movement suggests a potential rally towards the $3,000 resistance zone in the near future. Upon analyzing the hourly chart of ETH/USD, it is evident that
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Bitcoin has been on a rollercoaster ride lately, especially when it comes to its price action. After recovering above the $60,000 resistance zone, BTC is now facing a major hurdle in clearing the $61,200 and $61,500 resistance levels. The struggle is real, and it remains to be seen whether the bulls or bears will emerge
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As Bitcoin price continues on its volatile path, it has managed to stay above the $57,650 support zone. The recent trend indicates a potential rise in price, with a possible move above the $60,000 resistance zone. The recovery wave has seen the price trading below $60,000 and the 100 hourly Simple Moving Average. Despite these
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