The long awaited crypto correction appears to have initialized today. After hitting resistance twice and failing to break it, Bitcoin has plunged back below $8k now as markets tumble. Analysts have been scanning the charts looking for support zones, and there are quite a few of them. Bitcoin Slides 4 Percent BTC has spent the…
Crypto markets dumping hard; Stellar, Cardano, BSV, NEM and IOTA in a hurt locker, Matic still moving. The big Bitcoin pullback has finally begun. Crypto markets are crumbling today in Asia as Bitcoin dips precipitously below key support sending the altcoins crashing around it. Total market capitalization has shed over $14 billion and is approaching…
Crypto markets recover from their epic plunge; Binance Coin, Cosmos, NEM bounce back, Tezos still falling. The brakes have been put on the big crypto pullback for now as things settle down while we enter the weekend. Bitcoin’s plunge had been halted above $7,000 yesterday and the altcoin avalanche came to an end, for now.…
Market corrections are a natural part of their movements so we should not be surprised when they occur. Analysts and traders have been predicting this all week and it has finally been set in motion as Bitcoin and crypto markets tumble today. $30 Billion Dumped as Bitcoin Drops Total market capitalization has declined by over…
Crypto markets in massive correction; XRP, Stellar, Cardano, Bitcoin Cash, BSV and Tron getting smashed. A crypto correction has been on the cards for some time and it has finally arrived this morning. Bitcoin dumped almost a thousand bucks and total market capitalization shrunk by $32 billion in a matter of hours. After spending most…
Nobody could have predicted what has happened to Bitcoin over the past month. A break past $4,200 was inevitable, but a surge past $8,000, doubling its price, has shocked the nascent crypto space. Where BTC goes next will be paramount and moving averages will play a big role as they have done before. Correction is…
Crypto markets correcting on Monday morning; Binance Coin and Dash still climbing, Litecoin, EOS, BSV and NEO dumping. Following the weekend’s epic Bitcoin rally, crypto markets have started to correct this Monday morning. In a natural market movement crypto assets are pulling back but total market capitalization is still at a six month high of…
The inevitable pullback has started and crypto markets are beating a retreat at the moment. Bitcoin is leading them down as it drops back below $5,000 dumping 6 percent on the day. The question now is how low will it go? Minor Pullback or Major Correction? A number of analysts had predicted a major capitulation…
Crypto markets retreat after yesterday’s high; Binance Coin, Cardano, BSV, NEO, Ethereum Classic and Maker dumping, Tron survives. Crypto markets are starting to correct as $6 billion gets dumped and traders take profits. The move was not unexpected as many had predicted a pullback for Bitcoin as it approached heavy resistance. The day after reaching…
Crypto markets correcting this Sunday; Bitcoin Cash, SV and Crypto.com dumping, BNB, BitTorrent Token and Tezos still up. Crypto markets have started to pull back following their $6 billion pump yesterday. Sunday’s action has been somewhat slower as total market capitalization drops back below $140 billion and a selloff starts as day traders take profits.…