Why is the Bitcoin price crashing? Analysts identify RTX as a hedge

Bitcoin’s latest downturn has rattled the market, with BTC sliding toward the $95,000 range and pulling major altcoins down with it. The decline has sparked fresh speculation that Strategy (MSTR) may be offloading Bitcoin.

291 +

Popular Crypto Trader Reveals Why Bitcoin Price Is Still Crashing

Bitcoin is down by 2. 1% in the past 24 hours, and its latest decline has come at a moment when many traders expected the opposite. The US government shutdown is already in the process of winding down after weeks of uncertainty, yet the prices of Bitcoin and Ethereum have continued to drift lower and are under pressure.

137 +

DATs down 90% as Bitcoin fell 10% – Is the institutional party over?

Key Takeaways Why are Digital Asset Treasuries struggling now? Weekly inflows have dropped 95% since July highs. How does DAT performance compare to Bitcoin? BTC is down just 10%, while most DATThe post DATs down 90% as Bitcoin fell 10% – Is the institutional party over? appeared first on AMBCrypto.

236 +

Over $1 billion in liquidations: Why is Bitcoin down today?

Bitcoin dropped below $106,505. 22 on Nov. 3, down 3. 6% in 24 hours, as a strengthening US dollar and sustained ETF outflows pressured crypto across the board. As of press time, Bitcoin has lost that key support level, now trading below $104,000 for the first sustained time since June.

879 +

Bitcoin’s ‘Red October’: What Happened to the Widely Anticipated Uptober Crypto Rally?

A mid-October sell-off knocked majors off early highs and left bitcoin down for the month while BNB and a few altcoins finished higher.

153 +

Saylor Revisits His Iconic 2020 BTC Tweet as Bitcoin Dives Below $114,000

Strategy founder doubles down on his ultra-bullish Bitcoin take expressed five years ago

196 +

Why is Bitcoin dropping today? Four clear drivers of the $115k tumble 

After weeks of climbing, Bitcoin is pulling back. The crypto giant has dropped a few points on the day, dragging the crypto market down with it.  Bitcoin (BTC) is currently trading around $115,630, down roughly 2.6% today. This is one…

333 +

Why was Bitcoin price down overnight?

Bitcoin price has pulled back over the past three days as the recent rally paused ahead of next week’s election. Bitcoin (BTC) retreated to $68,762, down 6.60% from its highest level this year. This decline has also triggered further sell-offs…

169 +

Zeberg: Bitcoin Might Hit $123K

Meanwhile, Bitcoin is down more than 2%

257 +

Sleeping Bitcoin whale wakes up with $6.9m transfer  

Dormant Bitcoin addresses are awaking even as the cryptocurrency market slid down during a historically green month for the top digital asset.

231 +

Crypto Miners Run Down Bitcoin Inventory to 3-Year Low in a Strategic Pre-Halving Move

Bitcoin miners have been running down inventory in a rising market, moving away from the accumulation strategy seen ahead of prior halving in May 2020.

163 +

Is Bitcoin Dogs worth buying as Pro says BTC returns ‘will come down’?

Bitcoin is in focus today after Robert Mitchnick of BlackRock Inc said returns coupled with the world’s largest cryptocurrency “will come down” moving forward. Is Mitchnick dovish on Bitcoin now? But that doesn’t mean he’s dovish on BTC at all.

248 +

Bitcoin (BTC) Will ‘Pump to $31,000 Soon’ Predicts Top Crypto Analyst – Here’s His Outlook

Bitcoin crashed down to $25,000 last week, but swiftly rebounded in a huge pump following this false breakdown. At first, it appeared Bitcoin was continuing its downtrend as it broke down below the head and shoulders pattern.

355 +

Bitcoin dips by 2% today as mining difficulty falls by 7.2%

Bitcoin is trading below $17k once again after losing roughly 2% of its value today. Bitcoin mining difficulty is down 7. 2%, the biggest drop in more than a year.   The total crypto market cap is also down by nearly 2% in the last 24 hours.

184 +

Speculative Bubbles, Technobabble And Bitcoin

Despite academics’ wishes, Bitcoin cannot be reduced down to a mysterious jargon-laden tulip mania.

237 +

Peter Brandt: Bitcoin's Next Lows Might Be $13,800 or Even $10,350, Here's Why

Bitcoin is currently down 75.9% from its all-time high of $69,000

237 +

Bitcoin Suddenly Plunges Below $20,000. Here’s Why

The price of Bitcoin is now down more than 5% over the last 24 hours

279 +

Bitcoin and Ethereum Market Activity Slows Down Even More

We have seen the bitcoin market move sideways for the last few weeks. The good news is that as Bitcoin and Ethereum prices establish support and continue to trade above it, the bearish momentum is slowing down.

222 +

Bitcoin (BTC) Risks Fall to June Lows as Percent Supply in Profit Reaches Bottom Territory

Bitcoin (BTC) has broken down from its corrective pattern and is at risk of breaking down from a horizontal support area. If this were to occur, it would likely take the price below its June lows.

279 +

Is Bitcoin really cheap at $19,000? Assessing if it could go further down

El Salvador's president Nayib Bukele announced on 1 July that his country added 80 Bitcoin [BTC] to its balance sheet. He also noted that the purchase was made at $19,000 per BTC, a price level that hThe post Is Bitcoin really cheap at $19,000? Assessing if it could go further down appeared first on AMBCrypto.

385 +

MicroStrategy's Bitcoin Investment Is Close to Liquidation as It Is Down More Than $350 Million

One of biggest holders of Bitcoin is set for liquidation as Bitcoin is not stopping on its way down

274 +

Bitcoin Trading Volume Plummets Down From Recent Top

Data shows the Bitcoin spot trading volume has once again come back down to normal values for 2022 after the big surge recently. Bitcoin Trading Volume Falls Back Down To Values Around $4 Billion As per the latest weekly report from Arcane Research, the Bitcoin trading volume has plummeted back down after the recent high values.

445 +

Bitcoin Price Could Fall To $8,000, Says Guggenheim CIO

Hearing more negative speculation would be unpleasant for the investors as the recent bloodbath’s catastrophic effects already slowed down crypto markets. But unfortunately, an expert predicted Bitcoin would go far below.

329 +

Bitcoin Breaking Down, Support at $30K

Bitcoin (BTC) is breaking down after failing to hold $40K over the past few months. A weekly close below $34,246 could yield further downside targets.

317 +

Bitcoin bounces back, markets worry less about Russia-Ukraine crisis

Bitcoin and the rest of the crypto markets are continuing to struggle, with the bitcoin price trading down from the weekly high of $44,274 on Wednesday last week, down below the psychological $40,000 level at $36,629, as per data from Goingecko.

301 +

Bitcoin Recovers Amid Stock Volatility While Putin and Xi Open Olympics

292 +

"Twitter Philanthropist" Expects Bitcoin to Go Down

The heir of the late construction mogul William Pulte says that Tesla and Bitcoin could both go down over the next six months

290 +

Bitcoin Doesn’t Have To Be Complicated

In this episode of “Meet The Taco Plebs,” I sat down with Nameless to discuss simplifying complex ideas related to Bitcoin.

263 +

Why Bitcoin Could Break $40K In “Short Order” Says Analyst

Currently sitting at nearly 35k, Bitcoin’s price this week has been affected good and bad, by both news from China cracking down on the coin, and that El Salvador is giving each of it’s citizens $30 of BTC.

396 +

Craig Wright Wins Bitcoin Copyright Lawsuit Against Pseudonymous Developer

Bitcoin.org will have to take down the Bitcoin white paper following the U.K. court's decision

308 +

Why The Bitcoin Price Recently Found Support At $46K

After plummeting from $46k to $43k on Sunday, Bitcoin managed to hold onto the critical support level of $46,000. Breaking Down Bitcoin’s Price Action Down 20% from its all-time high reached earlier this month, Bitcoin finds itself in correction territory – a sharp change from the almost uninterrupted year-long bull run.

367 +

Bitcoin Sell-Off Over? Bullishness Continues to Permeate the Market

This week, the price of Bitcoin has been on a rollercoaster ride. We started with a dump right after hitting a new all-time high last Sunday at about $58,350. Following the drop, we made several attempts to go back up but only to end up lower and yesterday, we went down further down to $44k.

419 +

Bitcoin Up, Coinbase Down: Leading Crypto Exchange Investigating Outage Issue

Coinbase goes down yet again as Bitcoin soars to $38,000

290 +

Bitcoin Price Sees Largest Daily Loss in 10 Months

Bitcoin ended Thursday down 13% amid continued selling.

310 +

Bitcoin Miners Slow Down Selling, A Structural Change?

Bitcoin miners are selling a lot less than at the beginning of the year, with it down to under 1,000 bitcoin on some days and usually around 1,300 bitcoin a...

322 +

JPMorgan: Bitcoin (BTC) Price May Correct If Inflows into Grayscale Bitcoin Fund Slow Down

Continue reading at Coinspeaker

312 +

Bitcoin Tests Key Parabolic Trendline as Uptrend Shows Signs of Slowing

Bitcoin has seen some brutal price action throughout the morning, with overleveraged long positions being shaken out with a brief dip down to $15,700, while those panic shorting were then liquidated by a sharp rebound.

322 +

Bitcoin Rejection Could Signal a Final Leg Down

Even though Bitcoin (BTC) has been moving upwards since Sept. 8, it has shown considerable weakness indicating that it is likely beginning a final wave down that could end at $9,700. After the losses seen during the week of Aug 31-Sept 7, the Bitcoin price consolidated last week.

454 +

Bitcoin Holding Sentiment Strongest in Nearly Two Years

The amount of bitcoin held on crypto exchanges is down to a 21-month low, a sign investors are feeling bullish.

428 +

These DeFi Tokens Continue to Rule the Market while $12,000 Remains Elusive to Bitcoin

It was last weekend that the price of bitcoin surpassed $12,000 for the first time in a year, only to come crashing back down to $10,500 minutes after. A week after that and we haven’t achieved that level yet.

437 +

Bitcoin Mining Heats Up: High Difficulty Adjustment, Pool Consolidation, Less Concentration in China

It’s been approximately 37 days since the notorious Bitcoin reward halving that took place on Monday, May 11, 2020. On June 16, the Bitcoin network saw a large upwards difficulty adjustment making it much harder to mine bitcoins and slowing down the issuance rate because block generation has slowed down.

585 +

Market Update: Bitcoin World Reserve Theories, Market Cap Loses $16B, Analyst Predicts $7,500 ETH

Digital currency markets are down on Sunday evening roughly 2. 14% as global trade volume has slid by 31% this weekend. Coins like ethereum, bitcoin, litecoin, and bitcoin cash are all down between 1-2% in the last 24 hours.

334 +

Sunday Digest: Bitcoin Price, DeFi, And Keiser’s Back

The boxing world saw Tyson Fury regain his world heavyweight title from Deontay Wilder last night, in a convincing win for the Brit. But how did bitcoin and other cryptos perform this week? Bitcoin Price: Down, Up, Down, Up This week started badly for bitcoin prices.

408 +

Bitcoin's supply increases by over 30% in a month on Bitfinex

Bitcoin's market reflected signs of recovery in the past week, after being worn down most of December. Although the BTC market cap was still down week-over-week, its estimated hash rate grew by over 1The post Bitcoin's supply increases by over 30% in a month on Bitfinex appeared first on AMBCrypto.

330 +

Has Bitcoin Found Iron Support?

It is almost precisely two years ago that the bitcoin bear market began with the currency still down some 70% since. That’s better than eth, which is down 90%, and... The post Has Bitcoin Found Iron Support? appeared first on Trustnodes.

354 +

Bitcoin drop below $8,500 may be tied down to USDCoin

If one were to look at the unrelated rise and fall of Bitcoin vis-a-vis internal factors within the digital assets space, the relevance of stablecoins increases. Seen as a balancing tool for the volatThe post Bitcoin drop below $8,500 may be tied down to USDCoin appeared first on AMBCrypto.

342 +

Ethereum (ETH) Hits All Bearish Targets, Bitcoin Down 8%

Ethereum price declined heavily below $170 and traded close to $150 against the US Dollar. Bitcoin price is down more than 8% and it even traded below the key $7,500 support. Yesterday’s highlighted bearish trend line is intact with resistance near $165 on the hourly chart of ETH/USD (data feed via Kraken).

305 +

Bitcoin Price to Sell the Bakkt Event and Finally Drop to $8,000?

If Bitcoin Breaks Down Here, will Fell to $8,700s “Buy the rumor, sell the news” Since dropping to nearly $9,300 level yesterday, Bitcoin is back above $9,500. August has resulted in a red month. However, despite seeing $9,150 this month, Bitcoin is down by just 2.

355 +

Can Bitcoin’s Price Go Under $8,000 Again? This Trader Thinks So

After its latest price drop, Bitcoin went from just over $10,270 to under $9,700 USD. The short-term probability is that Bitcoin may go down even more right now. Even the dominance of Bitcoin, which was over 70%, was pushed down to 69% at the moment.

331 +