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Bitcoin Price Facing New ‘Death Cross’ Suggests No $10K BTC Before May

From cointelegraph.com

Bitcoin (BTC) is trading at $6,670 representing a 1% gain in the last 24 hours but a gain of 14.66% off the weekly open at $5,815. Looking at performance relative to its peers, Ether (ETH) and XRP both underperformed versus Bitcoin last week against the U.S. dollar and have continued to do so. As a result, Bitcoin dominance is up 1.5% and pushing to reclaim 68% as there has been a general flight to safety in Bitcoin, although dominance is still down some 4% for the highs of the year at around 70%. {image} Bitcoin is trading up against what is a fundamental decision point at $6.8K. This is previous support now acting ... (full story)

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  • Category: Technical Analysis