The week has started in the red for the majority of crypto assets. Bitcoin closed the week with its largest red candle since December 2018 and analysts are predicting further losses ahead as the correction continues. From an intraday high of $7,950, Bitcoin has tumbled back below $7,600 as the Asian trading session gets under…
Bitcoin is not out of the digital woods yet. There is every chance that this pullback could accelerate as BTC failed to close above $8,000 yesterday. Traders and analysts are already looking at the next major buying zones and they tend to be in agreement. Bitcoin: No Return to $8k Over the past 24 hours…
Price action is not linear so any movements in either direction will come in stages. Bitcoin’s two day slide of over a thousand dollars may not be over yet, but at the moment BTC appears to be taking a breather. Bitcoin Scenarios A number of scenarios could be on the cards for Bitcoin’s next move.…
Crypto markets sliding slowly; EOS, Cosmos ETC accelerating losses, BSV and Tron holding steady. The crypto correction appears to have slowed today but has not reversed and the short term trend is still downwards. Markets have settled a little following yesterday’s big dump but further losses could be imminent. Total market capitalization has now dropped…
The Bitcoin rally is running out of steam it seems. A bearish candle closing below $8,200 has been a signal for further losses and, as expected, they came pretty quickly. For the second time over the past seven days markets have fallen back instead of heading higher indicating that a correction is imminent. Bitcoin’s bearish…
Crypto markets dump again as $22 billion is lost; Bitcoin Cash, EOS, ADA, IOTA, Tezos and BTT in a world of pain. For the second time in less than a week crypto markets have taken a massive dump. Led by Bitcoin as it collapsed below $8,000, markets have shed over $22 billion as altcoins get…
Crypto markets correcting hard; BSV, BCH, bleeding, double digit losses for ADA, Tron, IOTA and Tezos. Following another 2019 high, Bitcoin and crypto markets are dumping this Friday as the red hot momentum could not be sustained. Wider fears of a larger correction are sending prices south at the moment as markets shed over $28…
Since its third major surge of the now two month old Bitcoin rally, the king of crypto has held on to all of its gains. Support and resistance zones have shifted to new higher levels and the chart, when zoomed out, looks unnaturally parabolic, remnant of the December 2017 one. Bitcoin Bull Flag A descending…
Crypto markets cool off; IOTA cranking while Bitcoin, BNB, Tron and Monero start to slide. There has been a bit of a cooling off for Bitcoin and crypto markets following solid gains over the past couple of days. Red has seeped into the charts as losses begin to accelerate during Asian trading today. This has…
Crypto markets bounce back; No correction for BTC yet, NEM, THETA and Waves flying. Crypto markets have rebounded as another correction gets quashed. The big dump from yesterday was expected to accelerate today and throughout the weekend but Bitcoin and its brethren appear to have settled at higher levels of support and have even started…