BTCD Continues to Fall, Due in Part to BTC Jumps

Bitcoin’s dominance rate is decreasing. That means that less people are using it than before. It dropped to 48.67% on May 23, which is less than its high of 58.94% in December 2018. BTCD resistance line BTCD has been following a line since Jan. 3, 2021. The line on March 24th caused a rejection, leading to an accelerated downward movement. On May 19, BTCD had a low of 39.66% and then it...

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An Update on Bitcoin: Current Price and Technical Analysis

In the morning, BeInCrypto will tell you about things in the crypto world that might have happened at night while you were sleeping. Bitcoin update Since April 25, Bitcoin has been going up and is now at a high of $48,700. Last week it didn’t go any higher than that but the technical indicators are mixed. The MACD is decreasing and the Stochastic oscillator could be going down also but it...

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