Bitcoin Is in for Some “Nasty Chop” as Bulls Lose Their Edge, Claims Trader

Bitcoin Is in for Some “Nasty Chop” as Bulls Lose Their Edge, Claims Trader

Bitcoin has seen its first notable pullback since its recent multi-week uptrend first kicked off, with bears catalyzing a strong rejection at $13,800 that briefly caused it to reel below $13,000 earlier this morning. This selling pressure has been quite intense thus far, but bulls have been vying to keep the crypto above $13,000. Because […]


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Trader flags BTC price levels to watch as Bitcoin still risks $30K 'ultimate ...

A lot rests on the U.S. dollar cooling its bull run and fast, Michaël van de Poppe says, with Bitcoin's upside potential still impressive. Bitcoin (BTC) remains a slave of the U.S. dollar on April 27 as the greenback spells fresh misery for risk assets across the board.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC faces off with the support zone to holdData from Cointelegraph Markets Pro and TradingView showed a precarious picture of BTC markets on April 27 as bulls battled for control of short-term support levels.After dipping to $37,700 on April 26, Bitcoin saw a relief....