Bitcoin price declined heavily and broke the key $10,000 support level against the US Dollar.
The price is currently under pressure and it recently traded towards the $9,250 level.
There is a key bearish trend line forming with resistance near $10,150 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).
The pair is likely to continue lower and it may even break the $9,000 support level in the coming sessions.

Sanofi Acquiring Synthorx for $2.5B to Strengthen Immuno-Oncology Portfolio
Monday December 09, 2019

Coinspeaker Sanofi Acquiring Synthorx for $2.5B to Strengthen Immuno-Oncology Portfolio French multinational company Sanofi SA stated on Monday that it will buy biotechnology company Synthorx Inc. for a combined equity value of approximately $2.5 billion. In other words, it will be $65 per share. The acquisition is expected to close in the first quarter in […]

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Bitcoin price is currently under a lot of pressure below the $10,000 support against the US Dollar. BTC could accelerate losses towards the $9,000 or $8,800 level in the near term.
Bitcoin Price Analysis
This week, there was a downside break in bitcoin price below the $11,000 support against the US Dollar. The BTC/USD pair started a major downward move and even broke the $10,600 support zone. Finally, there was a break below the $10,000 support and the price settled well below the 55 simple moving average (4-hours). The price traded towards the $9,200 level and a new monthly low was formed near $9,236.
At the outset, the price is consolidating losses above $9,250. An immediate resistance is near the $9,670 level. It was a breakdown level and now coincides with the 23.6% Fib retracement level of the downward move from the $11,086 high to $9,236 swing low. Moreover, there is a key bearish trend line forming with resistance near $10,150 on the 4-hours chart of the BTC/USD pair.
The trend line is close to the 50% Fib retracement level of the downward move from the $11,086 high to $9,236 swing low. Therefore, if there is an upside correction, the price is likely to face a strong resistance near the $9,700 and $10,000 levels. If there is a successful close above the $10,000 barrier and the trend line, there are chances of a decent upward move in the near term.
On the downside, an immediate support is near the $9,250 level. If there is a downside break, the price may well test the $9,000 handle. If there are more losses, the next stop for the bears could be $8,800.

Rick and Morty Season 4 Trailer | adult swim
Tuesday October 08, 2019

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Looking at the chart, bitcoin price is trading with a strong bearish bias below the $10,000 level. Therefore, there are chances of more losses below the $9,000 support level in the near term. Only a successful close above $11,000 might push the price back in a positive zone.
Technical indicators
4 hour MACD – The MACD is gaining momentum in the bearish zone.
4 hour RSI (Relative Strength Index) – The RSI is currently well below the 35 level, with a bearish angle.
Key Support Levels – $9,000 and $8,800.
Key Resistance Levels – $9,700, $10,000 and $10,200.
The post Bitcoin Price Analysis: BTC Primed For More Losses Below $9,500 appeared first on Live Bitcoin News.

Do Tom Brady, Gisele Bundchen Talk About Retirement? Patriots QB Opens Up
Saturday December 15, 2018

Tom Brady, obviously, is on the back end of his NFL career, but it appears his significant other isn’t pushing him into hanging up his cleats. A few days after Gisele Bundchen was asked by Ellen DeGeneres about Brady’s eventual retirement, the New England Patriots quarterback provided some clarity about his wife’s stance on the […]

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