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Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('<a href="https://u.today/bitcoin-price-hits-another-yearly-high-inching-closer-to-10000">The price of Bitcoin</a> continued to rise on Monday and updated the annual maximum once again; its rate is approaching $9,000.
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The rise was caused by demand from individuals – institutional players were not active at that time, as their trading platforms did not work.
<a rel="nofollow" target="_blank" href="#">card</a>
At the same time, the general background has become generally typical: <a href="https://u.today/bitcoin-price-expected-to-skyrocket-as-200-day-ma-turns-bullish">Bitcoin is becoming more expensive</a> while the key Wall Street indices keep falling (the S&P 500, Nasdaq, and Dow Jones, or at least one of them).
As a whole, since the beginning of the year, <a rel="nofollow" target="_blank" href="#">the cost of Bitcoin</a> has jumped by 130%, but the coin is very far from the highs of 2017 when its rate was close to $20,000.
<a rel="dofollow" href="https://www.tradingview.com/symbols/NASDAQ-NDAQ/">NASDAQ chart by TradingView</a>
<a href="https://u.today/bitcoin-bull-anthony-pompliano-im-more-bullish-on-btc-today-than-ever-before">Crypto enthusiasts</a> are sure that <a rel="nofollow" target="_blank" href="#">Bitcoin</a> and the whole market will go up; the majority does not want to think about a correction. Such tendencies are confirmed by the BTC rainbow, which reflects the market sentiments from “Basically a Fire Sale” to “Maximum Bubble Territory” depending on the rate.
<a rel="nofollow" target="_blank" href="https://www.blockchaincenter.net/bitcoin-rainbow-chart/">BTC price chart by Blockchain Center</a>
However, now longs prevail over shorts, worth $452 mln and $197 mln respectively.
<a rel="nofollow" target="_blank" href="#">card</a>
Regarding the technical perspective, the BTC chart looks the following way.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD/">BTC/USD chart by TradingView</a>
According to the 4-hour graph, <a rel="nofollow" target="_blank" href="#">Bitcoin</a> has been bullish since May 16, and the current level is not the peak in terms of the long-term scenario. Bulls have managed to fix over $8,500. However, reaching $9,000 is unlikely to happen until the end of May (RSI is overbought).
The potential course of events is a slight correction to $8,450 and then growth to $9,000 and above. Fortunately, a <a rel="nofollow" target="_blank" href="#-eth-xrp-price-prediction-the-correction-is-interrupted-but-is-it-over">deep correction</a> is not predicted, so traders might not likely see levels below $8,000.
The price of BTC is trading at $8,697 at the time of writing.
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Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
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Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array) (Line: 474)
Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 874)
__TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
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Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
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Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
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Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('<a href="https://u.today/bitcoin-price-hits-another-yearly-high-inching-closer-to-10000">The price of Bitcoin</a> continued to rise on Monday and updated the annual maximum once again; its rate is approaching $9,000.
Advertisement
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div.id = "placement_666695_"+plc666695;
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div.id = "placement_666696_"+plc666696;
AdButler.ads.push({handler: function(opt){ AdButler.register(183269, 666696, [336,280], 'placement_666696_'+opt.place, opt); }, opt: { place: plc666696++, keywords: abkw, domain: 'servedbyadbutler.com', click:'CLICK_MACRO_PLACEHOLDER' }});
})();
}
The rise was caused by demand from individuals – institutional players were not active at that time, as their trading platforms did not work.
<a rel="nofollow" target="_blank" href="#">card</a>
At the same time, the general background has become generally typical: <a href="https://u.today/bitcoin-price-expected-to-skyrocket-as-200-day-ma-turns-bullish">Bitcoin is becoming more expensive</a> while the key Wall Street indices keep falling (the S&P 500, Nasdaq, and Dow Jones, or at least one of them).
As a whole, since the beginning of the year, <a rel="nofollow" target="_blank" href="#">the cost of Bitcoin</a> has jumped by 130%, but the coin is very far from the highs of 2017 when its rate was close to $20,000.
<a rel="dofollow" href="https://www.tradingview.com/symbols/NASDAQ-NDAQ/">NASDAQ chart by TradingView</a>
<a href="https://u.today/bitcoin-bull-anthony-pompliano-im-more-bullish-on-btc-today-than-ever-before">Crypto enthusiasts</a> are sure that <a rel="nofollow" target="_blank" href="#">Bitcoin</a> and the whole market will go up; the majority does not want to think about a correction. Such tendencies are confirmed by the BTC rainbow, which reflects the market sentiments from “Basically a Fire Sale” to “Maximum Bubble Territory” depending on the rate.
<a rel="nofollow" target="_blank" href="https://www.blockchaincenter.net/bitcoin-rainbow-chart/">BTC price chart by Blockchain Center</a>
However, now longs prevail over shorts, worth $452 mln and $197 mln respectively.
<a rel="nofollow" target="_blank" href="#">card</a>
Regarding the technical perspective, the BTC chart looks the following way.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD/">BTC/USD chart by TradingView</a>
According to the 4-hour graph, <a rel="nofollow" target="_blank" href="#">Bitcoin</a> has been bullish since May 16, and the current level is not the peak in terms of the long-term scenario. Bulls have managed to fix over $8,500. However, reaching $9,000 is unlikely to happen until the end of May (RSI is overbought).
The potential course of events is a slight correction to $8,450 and then growth to $9,000 and above. Fortunately, a <a rel="nofollow" target="_blank" href="#-eth-xrp-price-prediction-the-correction-is-interrupted-but-is-it-over">deep correction</a> is not predicted, so traders might not likely see levels below $8,000.
The price of BTC is trading at $8,697 at the time of writing.
') (Line: 1037)
Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
__TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
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twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array) (Line: 474)
Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 874)
__TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 52)
__TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
Twig\Template->display(Array) (Line: 379)
Twig\Template->render(Array, Array) (Line: 40)
Twig\TemplateWrapper->render(Array) (Line: 53)
twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
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Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
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Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
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Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
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Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
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Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('<a href="https://u.today/bitcoin-price-hits-another-yearly-high-inching-closer-to-10000">The price of Bitcoin</a> continued to rise on Monday and updated the annual maximum once again; its rate is approaching $9,000.
Advertisement
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if (document.documentElement.clientWidth > 767) {
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var plc666695 = window.plc666695 || 0;
(function(){
var divs = document.querySelectorAll(".plc666695:not([id])");
var div = divs[divs.length-1];
div.id = "placement_666695_"+plc666695;
AdButler.ads.push({handler: function(opt){ AdButler.register(183269, 666695, [728,200], 'placement_666695_'+opt.place, opt); }, opt: { place: plc666695++, keywords: abkw, domain: 'servedbyadbutler.com', click:'CLICK_MACRO_PLACEHOLDER' }});
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var div = divs[divs.length-1];
div.id = "placement_666696_"+plc666696;
AdButler.ads.push({handler: function(opt){ AdButler.register(183269, 666696, [336,280], 'placement_666696_'+opt.place, opt); }, opt: { place: plc666696++, keywords: abkw, domain: 'servedbyadbutler.com', click:'CLICK_MACRO_PLACEHOLDER' }});
})();
}
The rise was caused by demand from individuals – institutional players were not active at that time, as their trading platforms did not work.
<a rel="nofollow" target="_blank" href="#">card</a>
At the same time, the general background has become generally typical: <a href="https://u.today/bitcoin-price-expected-to-skyrocket-as-200-day-ma-turns-bullish">Bitcoin is becoming more expensive</a> while the key Wall Street indices keep falling (the S&P 500, Nasdaq, and Dow Jones, or at least one of them).
As a whole, since the beginning of the year, <a rel="nofollow" target="_blank" href="#">the cost of Bitcoin</a> has jumped by 130%, but the coin is very far from the highs of 2017 when its rate was close to $20,000.
<a rel="dofollow" href="https://www.tradingview.com/symbols/NASDAQ-NDAQ/">NASDAQ chart by TradingView</a>
<a href="https://u.today/bitcoin-bull-anthony-pompliano-im-more-bullish-on-btc-today-than-ever-before">Crypto enthusiasts</a> are sure that <a rel="nofollow" target="_blank" href="#">Bitcoin</a> and the whole market will go up; the majority does not want to think about a correction. Such tendencies are confirmed by the BTC rainbow, which reflects the market sentiments from “Basically a Fire Sale” to “Maximum Bubble Territory” depending on the rate.
<a rel="nofollow" target="_blank" href="https://www.blockchaincenter.net/bitcoin-rainbow-chart/">BTC price chart by Blockchain Center</a>
However, now longs prevail over shorts, worth $452 mln and $197 mln respectively.
<a rel="nofollow" target="_blank" href="#">card</a>
Regarding the technical perspective, the BTC chart looks the following way.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD/">BTC/USD chart by TradingView</a>
According to the 4-hour graph, <a rel="nofollow" target="_blank" href="#">Bitcoin</a> has been bullish since May 16, and the current level is not the peak in terms of the long-term scenario. Bulls have managed to fix over $8,500. However, reaching $9,000 is unlikely to happen until the end of May (RSI is overbought).
The potential course of events is a slight correction to $8,450 and then growth to $9,000 and above. Fortunately, a <a rel="nofollow" target="_blank" href="#-eth-xrp-price-prediction-the-correction-is-interrupted-but-is-it-over">deep correction</a> is not predicted, so traders might not likely see levels below $8,000.
The price of BTC is trading at $8,697 at the time of writing.
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Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
__TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
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__TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
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Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
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Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('<a href="https://u.today/bitcoin-price-hits-another-yearly-high-inching-closer-to-10000">The price of Bitcoin</a> continued to rise on Monday and updated the annual maximum once again; its rate is approaching $9,000.
Advertisement
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The rise was caused by demand from individuals – institutional players were not active at that time, as their trading platforms did not work.
<a rel="nofollow" target="_blank" href="#">card</a>
At the same time, the general background has become generally typical: <a href="https://u.today/bitcoin-price-expected-to-skyrocket-as-200-day-ma-turns-bullish">Bitcoin is becoming more expensive</a> while the key Wall Street indices keep falling (the S&P 500, Nasdaq, and Dow Jones, or at least one of them).
As a whole, since the beginning of the year, <a rel="nofollow" target="_blank" href="#">the cost of Bitcoin</a> has jumped by 130%, but the coin is very far from the highs of 2017 when its rate was close to $20,000.
<a rel="dofollow" href="https://www.tradingview.com/symbols/NASDAQ-NDAQ/">NASDAQ chart by TradingView</a>
<a href="https://u.today/bitcoin-bull-anthony-pompliano-im-more-bullish-on-btc-today-than-ever-before">Crypto enthusiasts</a> are sure that <a rel="nofollow" target="_blank" href="#">Bitcoin</a> and the whole market will go up; the majority does not want to think about a correction. Such tendencies are confirmed by the BTC rainbow, which reflects the market sentiments from “Basically a Fire Sale” to “Maximum Bubble Territory” depending on the rate.
<a rel="nofollow" target="_blank" href="https://www.blockchaincenter.net/bitcoin-rainbow-chart/">BTC price chart by Blockchain Center</a>
However, now longs prevail over shorts, worth $452 mln and $197 mln respectively.
<a rel="nofollow" target="_blank" href="#">card</a>
Regarding the technical perspective, the BTC chart looks the following way.
<a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD/">BTC/USD chart by TradingView</a>
According to the 4-hour graph, <a rel="nofollow" target="_blank" href="#">Bitcoin</a> has been bullish since May 16, and the current level is not the peak in terms of the long-term scenario. Bulls have managed to fix over $8,500. However, reaching $9,000 is unlikely to happen until the end of May (RSI is overbought).
The potential course of events is a slight correction to $8,450 and then growth to $9,000 and above. Fortunately, a <a rel="nofollow" target="_blank" href="#-eth-xrp-price-prediction-the-correction-is-interrupted-but-is-it-over">deep correction</a> is not predicted, so traders might not likely see levels below $8,000.
The price of BTC is trading at $8,697 at the time of writing.
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Gamza Khanzadaev
Godfrey Benjamin
Tomiwabold Olajide
