Bitcoin Reclaims $58,000 Support as Bulls and Bears Resume Price Tussle

On May 3, 2021, Bitcoin (BTC) price regained bullish momentum as bulls broke the $58,000 resistance. It appears that buyers have reclaimed the $58,000 crucial support.

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Bitcoin Faces Stiff Resistance At $56,000, Massive Uptrend Is Likely

Today, Bitcoin dropped sharply to the $54,000 support after rejection from the $56,000 high. For the past three days, BTC price has been facing stiff resistance at the $56,000 high.

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Bitcoin Recovers Above the $50,000 Psychological Price Level but Struggles In The Bearish Trend Zone

Bitcoin price has been recovering after falling to the low of $47,500 for the past four days. BTC/USD consolidated above the current support and retested it before resuming upward.

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Bitcoin funding rate flips negative after $48K retest — Was it a bear trap?

Bitcoin price is more than 20% away from its all-time high, but the current negative funding rate on BTC futures might give bulls a unique advantage.

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Bitcoin is regarded as the leading cryptocurrency and is seen by many as the most profitable. Many companies have begun accumulating bitcoin, with Tesla recently purchasing vast amounts of bitcoins.

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Bitcoin Recovers but Faces another Rejection at $57,000 Resistance Zone

BTC price recovers after plunging to $50,500 psychological price level. For the past 48 hours, Bitcoin has been rising as buyers attempt to breach the resistance at $57,000. The current…

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Bitcoin Price Falls After Turkey’s Decision to Ban Crypto Payments

The price of Bitcoin has dropped by about 4% following the news by the central bank of Turkey to ban cryptocurrency payments starting from April 30.

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Crypto.com App Lists SushiSwap (SUSHI)

Buy SUSHI at true cost with USD, EUR, GBP and 20+ fiat currencies SushiSwap (SUSHI) is listed in the Crypto.com App, and joins the growing list of 100+ supported cryptocurrencies…

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Increasing Use of Cryptocurrency and Blockchain Will See Global Market Hit Over $30B by 2027

As the use and adoption of blockchain, the underlying technology behind bitcoin, continues to grow in different sectors, the global market is estimated to hit around $30.7 billion by 2027.

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Bitcoin Cash Rallies, Battles the Next Resistance at $680

Bitcoin Cash is falling after reaching the $700 resistance zone. BCH fell to the low of $620 and pulled back. The pullback is not sufficient to resume the upside momentum…

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