Over the past two weeks, Bitcoin (BTC) has dropped more than 7%, falling from around $117,400 on August 21 to a low of $108,666 earlier today. Despite the bearish slide, some encouraging exchange data suggests improving sentiment. However, analysts warn this could once again be a setup for institutions to trap retail buyers. Bitcoin Sentiment…
Bitcoin price is showing bearish signs below $113,500. BTC is struggling to recover and might face hurdles near the $113,000 zone. Bitcoin started a fresh decline below the $111,400 zone. The price is trading below $111,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $111,550…
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been…
Dogecoin is back in the spotlight after a key technical move against Bitcoin hinted at renewed strength. The DOGE/BTC pair reclaimed ground following a liquidity sweep that shook out weak hands earlier this year. Analysts now believe this recovery could set the stage for a major rally. Related Reading Analysts See Big Upside For DOGE…
Bitcoin (BTC) tumbled below the critical $110,000 mark on Tuesday after a whale offloaded 24,000 BTC worth approximately $2.7 billion. Related Reading The massive sell order sparked a sharp market reaction, wiping out $205 billion from crypto market capitalization and triggering over $930 million in liquidations across leveraged positions. This sudden downturn pushed BTC to…
Bitcoin is facing a pivotal moment as it consolidates just above the $110K level after slipping below the $112K support yesterday. Bulls are attempting to hold this level to avoid further downside and to spark a recovery rally. However, many analysts remain cautious, pointing out that momentum has weakened since Bitcoin’s all-time high just over…
The crypto market has been rocked by a wave of liquidations totaling nearly $808 million in the past 24 hours, with Bitcoin (BTC) dipping below the critical $110,000 threshold. Related Reading This mass sell-off erased nearly all gains sparked by Federal Reserve Chair Jerome Powell’s dovish comments at Jackson Hole just days earlier, leaving investors…
A massive opportunity is unfolding in the crypto space as the Midnight airdrop enters full swing, with billions of dollars worth of tokens available to eligible XRP and crypto investors. With just over a month left, industry voices warn that countless users could stand to miss out on one of the largest token distributions in…
As the Bitcoin (BTC) price momentum begins to wane, the market’s leading cryptocurrency has retraced to the $110,000 mark, raising concerns about a potential shift into a new bearish cycle. CryptoBirb, a noted trader and analyst, suggested in a recent social media analysis that Bitcoin has only about 60 days of growth left, indicating that…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in…