Major signals are flashing bearish at the moment for Bitcoin. While it has held on to gains this month a break higher has not been forthcoming so the only way for BTC in the short term could be back down again, at least according to a number of technical analysts. Major Resistance at 50 Week…
An inevitable correction has begun since crypto markets hit their giddy heights of $387 billion market capitalization on Thursday. Saturday morning paints a different picture as Bitcoin cools off heading south in a predicted pullback. Crypto Correction Deepens Since Thursday’s Bitcoin and crypto market peak things have taken a predictable turn south. Bitcoin fell from…
Markets have receded a little from the spike; Tezos, Bytecoin and Icon still climbing. Yesterday’s big bounce has been sustained today and markets are holding their gains at the moment. The rally added over $20 billion into crypto markets initially however a pullback has seen levels drop a little. Total market capitalization is currently over…
The long awaited correction target of thirty percent has been hit but yet again, Bitcoin has shown monumental resilience bouncing back by over $1,800 in a matter of hours. A buying frenzy at four figures resulted in a return to $11k as the correction seemingly came and went in one quick flash. Bitcoin Bounces Back…
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…
A correction after such a monumental crypto rally is to be expected though some industry observers will always see the negative side of things. Bitcoin has largely held on to gains though it appears to be weakening, while the altcoins are falling back at a faster rate. Bitcoin Holds Above $9,000 Many were expecting a…
Crypto markets starting to pullback; BNB, Maker and Stellar are keeping in the green, BCH, and Ethereum starting to slide. Crypto markets have started to correct as expected after a two day buying bonanza. Volume and market capitalization has pulled back a little as traders start taking profits. The next few days will be crucial…
The doom merchants immediately start rejoicing as soon as Bitcoin begins to dump but in reality this is simply a normal and expected component of the market cycle. At the moment BTC is down just over 30 percent from its 2019 high but it could drop even further. Bitcoin Holds $9,500 There has been very…
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…
The long awaited bitcoin correction could be beginning as the king of crypto drops over 10 percent from yesterday’s high. A flash crash that wiped out $2,000 in two hours was quickly recovered but those gains haven’t held as prices start to go south again. First Red Bitcoin Candle In Over a Week Pulses quickened…