The Bitcoin price managed to close yesterday’s daily candle above critical support, giving bulls a fighting chance to prevent further downside. However, today’s trading session has favored the bears, with BTC moving below the $19,000 area. At the time of writing, Bitcoin stands at $18,900, with a 1% loss in 24 hours and a 2.4%…
Bitcoin price is struggling to climb higher above $19,200 against the US Dollar. BTC could start a major decline if it breaks the $18,900 and $18,500 support levels. Bitcoin failed to gain pace and remained in a bearish zone below $19,500. The price is trading below $19,400 and the 100 hourly simple moving average. There…
The crypto market is giving investors no hope of recovery as the price of Bitcoin returns from its recent gain. In the meantime, futures trading remains the best way to gain from the crypto ecosystem. Experts in the crypto world revealed that the current market situation results from several macroeconomic factors. These factors include the…
Over the past few days, Bitcoin and crypto market has been enjoying traces of bullish appearances. Most crypto assets have been in the green, with some reclaims in their values. But the northward climb has just died out as of yesterday. EthereumPoW (ETHW) value crumbled by a whopping 11%. The Altcoins are not left in…
The chase for the bitcoin bottom is still on since the digital asset fell below its $20,000 price level. Given that the bear market has not been long in the making, it stands to reason that the bull market isn’t here just yet. However, being able to pinpoint when the cryptocurrency has reached as low…
Bitcoin price slowly moved lower below $19,200 against the US Dollar. BTC is still trading above the main breakdown support near the $18,500 zone. Bitcoin is slowly moving lower and there was a spike below the $19,000 level. The price is trading below $19,200 and the 100 hourly simple moving average. There is a key…
Bitcoin price has been trading sideways, struggling to break past its immediate resistance level. Over the last 24 hours, Bitcoin fell by 1%, confirming sideways trading. In the last week, BTC has barely made any progress with its price. If the coin continues to stick around the same price level, it could soon be a…
The Bitcoin correlation with the macro markets reached new highs in 2022. This saw the price of the digital asset, and the entire crypto market by extension, follow the movement of the stock and equities market very closely. There were forecasts that the cryptocurrency would begin to decouple from the macro market as time went…
The Bitcoin price is rangebound and still unable to find a clear direction in the second half of October. The cryptocurrency hinted at more profits over the past week, but the rally was short-lived as BTC was rejected from a critical area, unable to re-test the $20,000 region. At the time of writing, the Bitcoin…
Bitcoin price remains stuck below its former all-time high set five years ago. The shocking decline has been one of the worst crypto winters on record, and the market is bracing for continued meltdown. However, a series of on-chain indicators in BTC could provide clues to how close we are to a bottom. Let’s take…