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Bitcoin Price Relief Rally In This Making? BTC Could Target $26,000

www.newsbtc.com

The Bitcoin price continues to trade in a tight range between the mid area around $18,000 and $19,500. The cryptocurrency has been moving sideways after a rejection from the $20,000 level which has led to a spike in fear and uncertainty across the nascent sector.

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Timeline of Bitcoin


Grayscale Bitcoin Trust discount hits all-time low amid crypto market downturn - The Block

Four months on from its SEC rejection, GBTC's discount to NAV hit a new all-time low amid crypto market tumult. The post Grayscale Bitcoin Trust discount hits all-time low amid crypto market downturn appeared first on The Block.


Chainlink Price Spikes Above $7 While Bitcoin Sinks Below $20,000 - NewsBTC

Among other investment assets, cryptocurrency is prominent when it comes to volatility in prices, including altcoins such as Chainlink. While an uptrend matters a lot to daily traders, dipping could be favorable for accumulation for long-term investment.


Bitcoin, Ethereum Technical Analysis: BTC Below $19,000 as Sentiment in Crypto Remains Bearish - Bitcoin

Bitcoin started the week trading below $19,000, as recent economic pressures continued to weigh on cryptocurrency markets. The token fell lower in today's session, as market sentiment remained bearish following last week's rate hikes by the U.S. Federal Reserve. Ethereum was also lower, falling below $1,300.


Bitcoin Capitulation Imminent – Analyst Predicts BTC Price Will Drop To $15K - CoinPedia

The global crypto market cap is still hovering below $1 trillion dollar which is led by the world's first cryptocurrency, Bitcoin (BTC). The flagship currency on the other hand is struggling to reclaim its pace above $20,000. At the time of publication, Bitcoin is selling at $18,919 with a drop of 0.


Pound hits all-time low versus the dollar, softening pain of bitcoin losses for Brits - The Block

British crypto investors holding bitcoin are better off than U.S. counterparts who denominate their holders in the stronger Dollar. The post Pound hits all-time low versus the dollar, softening pain of bitcoin losses for Brits appeared first on The Block.


Above $19,000, Bitcoin is doomed! What's Awaited for the BTC Price Amid the Q3 Close? - CoinPedia

The markets appear to be in favor of the bulls as an attempt to rise beyond $19,000 was quickly nullified. The price continues to struggle around these levels as the Bitcoin price is again entering the lower support zone.


Bitcoin Down Under: Australia Bags 4th Spot In Global Crypto Adoption – Survey - Bitcoinist

Bitcoin adoption has always been the subject of rigorous debates in many countries today. With financial powerhouses such as the U.S. and China still taking a hard stance against cryptocurrencies, it remains to be seen if the adoption of crypto by different nations will reach its peak in the near future.


Kenyan Central Bank Makes Its Views on Bitcoin Clear - Crypto Daily

The Central Bank of Kenya (CBK) governor, Patrick Njoroge, has made his views on Bitcoin clear by describing the calls to convert the country's reserves into the world's leading cryptocurrency as outright “craziness.” The CBK has long made its displeasure toward digital assets in the country known.


Bitcoin (BTC) Price Might Drop To $13K in Early October, Here's Why? - CoinPedia

The $19,500 resistance area was breached once more by the BTC price. However, it struggled and created a transient top close to the $19,400 mark, the peak it acquired before falling; both the $19,000 price barrier and the 100 hourly SMA were moved down.


Bitcoin Developer Jimmy Song Explains How ‘Altcoins Are Unequivocally Immoral' - CryptoGlobe

Last week, prominent Bitcoin developer, educator and entrepreneur Jimmy Song explained why he is not a fan of altcoins. Song is the author of the book “Programming Bitcoin”, which is available on Amazon.

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