Bitcoin price surpassed $17,000 for the first time since December 2017.
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Bitcoin price surpassed $17,000 for the first time since December 2017.
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Bitcoin price is on track to achieve $22,000 says one analyst, citing four main factors that could boost its momentum.
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Bitcoin price may be nearing exhaustion after recording its sixth consecutive weekly green candle.
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A Bitcoin whale placed a $100 million short on Nov. 15 after various on-chain data hints at a whale-induced BTC sell-off throughout the past week.
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Despite the weekend, the price of Bitcoin has seen volatility within the past 12 hours as stacked sell orders at $16,500 likely caused the drop.
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Bitcoin has been highly volatile in recent weeks, but the futures market’s open interest indicates that traders should brace themselves for a big move.
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Bitcoin price is undoubtedly in a bull market hitting $16,000 for the first time in years, but a correction may be in order as euphoria is setting in.
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Bitcoin price surged past $16,000 for the first time in nearly three years with BTC’s momentum strengthening due to three main factors.
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Bitcoin whales sold the highest amount of BTC since March, which is a bullish sign for BTC price based on previous market cycles.
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The price of Bitcoin is facing the last major barrier at $16,000 before a potential run to new all-time highs but a 30% correction is also on the table.
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