Bitcoin price is slowly recovering above $32,000 against the US Dollar. BTC is likely to face a strong selling interest near $33,500 and $34,000. Bitcoin seems to be consolidating above the $31,000 and $32,000 support levels. The price is currently just above $32,500 and the 100 hourly simple moving average. There was a break above…
Bitcoin price is showing recovering signs above $32,000 against the US Dollar. BTC is facing an uphill task at $34,000 and it is likely to continue lower towards $30,000. Bitcoin is correcting higher from $28,865 and it is trading above the $32,000 resistance. The price is facing a strong resistance near $34,000 and the 100…
Bitcoin price has now pulled back a full $13,000 from 2021 high to low. Yesterday’s massive bearish, red candle is one obvious sign that the trend is turning. However, a technical analysis tool used to gauge the strength of trends also confirms that bears have taken over the reigns from bulls and it could lead…
Bitcoin has seen some massive momentum throughout the morning that has allowed it to erase a good portion of the losses that came about due to yesterday’s plunge This selloff marked capitulation amongst investors, with many clearly fearing that the multi-month uptrend that led BTC to highs of $42,000 was over and that a deep…
Bitcoin price is down over 15% and it broke many supports near $32,000 against the US Dollar. BTC even traded close to $28.5K and it is currently correcting losses. Bitcoin started a strong decline below the $33,000 and $32,000 support levels. The price is currently correcting losses, but it is now well below $32,000 and…
Bitcoin has plummeted by more than $11,000 from its recent FOMO-driven peak. Normally, the bearish momentum in the top cryptocurrency is enough to drag down the rest of the market, but select altcoins are holding up surprisingly well. One altcoin expert who has traded his way through multiple bear and bull cycles, suggests watching for…
Bitcoin has now retraced as much as $11,000 and 27% from its 2021 peak, and while the current high might not be the top for this bull run, it could send price action headed downwards for a few weeks before the uptrend resumes. Bulls have only days to prevent a bearish evening star reversal pattern…
Bitcoin price is showing bearish signs below $35,800 and $36,000 against the US Dollar. BTC is likely to continue lower below the $34,000 and $33,000 support levels in the near term. Bitcoin is trading in a bearish zone below the $35,800 and $36,000 resistance levels. The price is gaining bearish momentum below $35,500 and the…
Bitcoin has fallen below $35,000, and while given the asset’s recent highs sounds like a sizable correction, the price per BTC is still nearly 1000% higher than where it was less than one year ago. After such extreme moves to the upside, often come crashes that eliminate much of the progress made, until the parabola starts…
Bitcoin has seen some intense selling pressure throughout the past 12 hours that has caused it to shed thousands off its price This move came about following a failed attempt by bulls to send it up to highs of $38,000 yesterday The rejection here confirms that BTC is still firmly range-bound, with whales selling in…