Tag: Parabola

Bitcoin Top Indicator Says It’s Not Over Yet As Parabola Signals Fail

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Despite price pullbacks and recent market volatility, a crypto analyst has predicted that Bitcoin (BTC) may still have room for another parabolic rally. The analyst cited historically reliable top…

Bitcoin still has $14K target, warns trader as DXY due ‘parabola’ break

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Bitcoin (BTC) held $20,000 into Oct. 5 with trader targets still including a fresh high before rejection. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $21,000 upside target to precede new lows Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $20,470 on Bitstamp overnight before returning lower. The pair succeeded in maintaining the 2017 old all-time high as support, something on-chain analytics resource Material Indicators had hoped would endure as a positive sign. “BTC is still in a congested range,” it summarized in comments the day prior. “The retest…