Bitcoin is showing a monthly momentum signal that has appeared near several major cycle lows, which raises the possibility that the current correction is entering its final stage. The setup is based on the monthly logarithmic MACD histogram, where previous Bitcoin bottoms formed only when the red bars began fading for at least two straight…
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…
Bitcoin price started a downside correction from the $77,800 zone. BTC is showing bearish signs and might continue lower below $75,500. Bitcoin failed to stay above $77,000 and extended losses. The price is trading below $76,800 and the 100 hourly simple moving average. There was a break below a declining channel with support at $76,250…
The Bitcoin price is under renewed pressure as a crypto analyst warns the market could be heading for a sharp correction toward $52,000. According to the analyst, a Head and Shoulders formation has appeared on the chart, a technical pattern often associated with potential trend reversals and downside momentum. The setup suggests that if bearish…
Bitcoin is facing renewed selling pressure as uncertainty continues dominating global financial markets, but bulls have so far managed to defend the critical $75,000 region. The asset remains trapped below key resistance levels after failing to reclaim momentum above $80,000 earlier this month, leaving traders searching for signs that the current correction is either stabilizing…
As Bitcoin (BTC) recovers from its recent drop below the $75,000 support, some market observers outline the key levels that will define the direction of the flagship crypto’s next major move. Related Reading Bitcoin Between Two Crucial Levels Over the weekend, Bitcoin fell roughly 4.5% amid geopolitical tensions, reaching a one-month low of $74,289 before…
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…
Bitcoin price started a downside correction from the $78,000 zone. BTC is consolidating and might aim for a fresh increase if it clears $78,000. Bitcoin failed to stay above $77,500 and extended losses. The price is trading below $77,000 and the 100 hourly simple moving average. There was a break below a contracting triangle with…
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…
Crypto pundit Ardizor has alleged that several crypto firms appear to be dumping Bitcoin, which is why the BTC price keeps crashing. The leading crypto had crashed over the weekend but is now recovering on hopes of a U.S.-Iran deal. Why The BTC Price Keeps Crashing In an X post, Ardizor stated that the BTC…