2021-6-3 01:00 |
Bitcoin bulls fell short of flipping the $38,000 level to support, and one analyst said on-chain data signals that BTC could see “a smaller drawdown.” origin »
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Since peaking at local highs of $12,075 last week, Bitcoin has experienced a strong drawdown as depicted in the chart below. The post Top Bitcoin analyst flips bullish after predicting the 20% retracement last week appeared first on CryptoSlate.
2020-9-8 17:00 | |
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Over the past day, Bitcoin, Ethereum, and the rest of this nascent market have finally shown signs of recovering after the nearly 10% drawdown seen over the weekend. Per data from Coinmarketcap, ETH is up 6.
2020-2-19 03:15 | |
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Bitcoin Due For Pullback Josh Olszewicz, a crypto analyst at Brave New Coin, suggests that Bitcoin (BTC) may be in for an impending drawdown. Speaking to Forbes’ Benjamin Pirus in a podcast, the popular trader.
2019-6-1 20:57 | |
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Bitcoin Charts Seem Bearish Bitcoin (BTC) may just have bounced back from another sell-off, moving from $7,600 to $8,000, but one analyst is still sure that the cryptocurrency market is currently topping.
2019-5-25 05:00 | |
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Bitcoin Ready To Dump… Maybe While Bitcoin saw a drawdown from $5,450 to $4,950 on Thursday, BTC’s Relative Strength Index (RSI) reading remains at somewhat overbought levels. HornHairs, an industry analyst, recently drew attention to.
2019-4-13 10:11 | |
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Bitcoin Looking Somewhat Healthy After a near-relentless rally that went on for ten days, Bitcoin (BTC) saw a sudden pullback on Sunday. In a brief period of time, BTC fell from $4,200, where it had.
2019-2-25 15:00 | |
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Since Bitcoin (BTC) hit public markets, the cryptocurrency has traded in multi-year cycles. Every few years, the asset runs parabolically, prior to a dramatic, nasty ~80% drawdown. In the eyes of most, BTC has done that twice or thrice by this point, not including the current crypto bear market.
2019-2-24 03:00 | |
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The huge asset manager was denied approval for the Wise Origin Trust last year; now, it is joining a long line of spot fund hopefuls.
Bitcoin price is down, trading at a new yearly low, but what are the primary reasons behind the most recent decline?
Traders expect BTC price to venture into the $27,000 to $32,000 range now that Bitcoin looks to secure a daily close above its current range.
BTC price is racing toward $24,000, but analysts warn that a lower support retest is needed to confirm the strength of the current breakout.
The bear market is far from over, but according to Glassnode, several metrics suggest that Bitcoin capitulation already occurred.
Crypto Jebb and independent market analyst Scott Melker agree that the crypto market’s toughest days still lay ahead.
BTC price briefly fell below $20,000, and traders warn that the all-important support level could eventually crumble after enduring an increasing number of retests.