Bitcoin Price Slides $500 Overnight, But Is A Steeper Selloff Brewing?
Bitcoin price is now trading under $19,000, after repeated failure to sustain above its former all-time high and flip the former record from resistance to support. Since then, the leading cryptocurrency by market cap has fallen $500, but it could be the beginning of a short bearish phase to reset market sentiment, indicators, and more, […]
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Ethereum has posted some mixed price action throughout the past few days, testing its all-time highs earlier this week before facing a swift selloff overnight The timing of the BTC selloff that placed pressure on ETH was unfortunate, as it has led ETH to mark its highs as a local top This means that the […]
Bitcoin price is enjoying stronger bullish pressure that’s pushing it up on a much steeper climb lately. Bitcoin Price Key Highlights. Bitcoin price has been making one upside breakout after another, indicating the presence of strong bullish momentum. A steeper rising trend line can be drawn to connect the latest lows of price action on the 1-hour time frame. Price could be in for a shallow pullback to this rising trend line or a larger correction to the nearby area of interest. Technical Indicators Signals. The 100 SMA is safely above the longer-term 200 SMA so the path of least....
Bitcoin and the broader crypto market have been hit with heavy selling pressure, marking the start of a new stage in the cycle. BTC lost the key $115,000 level overnight, and bulls are now struggling to establish support as volatility rises. This move has shaken confidence, but several analysts argue it may simply represent a […]
Bitcoin price is down more than 10% from the weekend’s new all-time high set above $60,000 after an overnight selloff. The now sizable correction was first assumed to be a massive whale dumping more than $1 billion in BTC on crypto trading platform Gemini, but ultimately turned out to be something else. Here’s what actually caused the correction, and why the market was so easily shaken by what was ultimately a non-event. Whale Watching: Bitcoin […]