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The momentum behind Bitcoin price turned from bullish to bearish this week, when the crypto asset fell through the bottom of a triangle it had been trading inside, plummeting over 20% in value. The force of the drop took Bitcoin price down far enough where it tested the 200-day moving average as support – a…
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…
Este artículo también está disponible en español. The XRP price has entered a Golden Pocket—a key Fibonacci retracement level that often acts as strong support. According to a crypto analyst, this new development could present an attractive buying opportunity for investors, especially as the market consolidates. XRP Price Golden Support Could Trigger Rebound A crypto…
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…
The past few days haven’t been too kind to Bitcoin, to say the least; the leading cryptocurrency has retraced (some have called it more of a crash) from $10,000 to as low as $8,520 in a dramatic fashion, liquidating millions of dollars worth of BitMEX positions. Despite this, analysts remain optimistic. In fact, one top analyst,…
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…
Charts show the Bitcoin price seems to be falling below the 600-day moving average, a sign that could be bearish for the crypto. Bitcoin Begins To Lose 600-Day MA Support Line As Price Crashes Below $39k Again As pointed out by an analyst in a CryptoQuant post, the price of the crypto is crossing below…
According to crypto analyst Tony Severino, the Bitcoin price has broken below the 50-week Moving Average (MA) for the first time in the current cycle, triggering renewed fears of a deeper decline. With price momentum weakening and long-term trend indicators flashing bearish warning signals, the possibility of a price crash to $38,000 is becoming hard…
Bitcoin has broken out from downtrend resistance and appears to be poised for a new uptrend. Market conditions change dramatically when a switch from bear to bull occurs, and a “buy the dip” strategy is often the most effective. For investors and traders unsure of how to do that, history shows that one specific level…