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Bitcoin Traders Stay Unmoved Regardless of BTC Drop Under $60,000, The Worst Is Nearly Over

Bitcoin Traders Stay Unmoved Regardless of BTC Drop Under $60,000, The Worst Is Nearly...

On Wednesday, Bitcoin sharply declined, dropping below the crucial $60,000 support level. Despite this recent market downtrend, Bitcoin investors remain confident as they believe the flagship crypto can still reach new heights in this market cycle. Some say this might be what Bitcoin needs before making another parabolic run to the upside.  Bitcoin’s Decline Is…
Bitcoin Is High quality As Lengthy As It Holds Above $49,000: Analyst

Bitcoin Is High quality As Lengthy As It Holds Above $49,000: Analyst

Despite Bitcoin’s 13% drop in the past week, which saw it break below the psychological $60,000 level and drop 20% from its all-time highs, one analyst on X remains resolute. Drawing from the weekly chart, the trader maintains a bullish outlook, saying the coin will shake off weakness in the coming session. This aligns with bulls…
Bitcoin Euphoria Cools Off As BTC Distribution Enters Concern Zone

Bitcoin Euphoria Cools Off As BTC Distribution Enters Concern Zone

Bitcoin has finally broken below the $60,000 support level for the first time in two months. The world’s largest digital asset has largely been in a euphoria phase since the beginning of the year, particularly after the launch of Spot Bitcoin ETFs in the US market. However, the current consolidation of the price of Bitcoin…
Bitcoin Greed No Extra: Sentiment Again At Impartial After $57,000 Plunge

Bitcoin Greed No Extra: Sentiment Again At Impartial After $57,000 Plunge

Data shows that Bitcoin sentiment has cooled off to neutral from greed following the asset’s latest plunge to the $57,000 level. Bitcoin Fear & Greed Index Has Returned To Neutral Levels The “Fear & Greed Index” is an indicator created by Alternative that shows the average sentiment among investors in the Bitcoin and wider cryptocurrency…
Bitcoin Milestone Forward? Analyst Forecasts New Peak This Month

Bitcoin Milestone Forward? Analyst Forecasts New Peak This Month

In the face of a general market decline and pessimism, Captain Faibik, a cryptocurrency expert and enthusiast, has emerged with an optimistic outlook for Bitcoin (BTC) foreseeable future trajectory, predicting that the crypto asset could rise to a new all-time high before this current month closes.  Bitcoin To Reach New All-Time High In May Faibik’s…