Bitcoin Price at Risk of Further Downside: Will Bears Tighten Grip?

Bitcoin price started another decline from the $60,650 resistance. BTC is now at risk of more downsides below the $57,500 support zone. Bitcoin is correcting gains and gaining bearish pace below the $59,000 level.

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Bitcoin Mining Was Significantly Less Profitable in August, Jefferies Says

September could be another difficult month for the miners as bitcoin remains below $60K and the network hashrate continues to rise, the report said.

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Bitcoin Going Below $50,000: 2017 Crypto Legend Arthur Hayes

Bitcoin could plummet substantially, with prices dropping below $50,000

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Bitcoin exchange reserves drop below 2.6 million BTC in a volatile market

BTC LTHs are torn between selling and holding amidst price volatility. Bitcoin remained below $60,000 at press time. The recent increase in Bitcoin's [BTC] volatility is evident, as its pricThe post Bitcoin exchange reserves drop below 2.

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Bitcoin must ‘clear resistance’ at $62K to avoid another ‘Black Monday’

If Bitcoin fails to hit $62,000 and hold there, it could drop below $50,000, according to analysts from Kraken, but some aren’t as pessimistic.

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Mantra, Cardano, Polygon, VeChain sinks as Bitcoin consolidates

Cryptocurrencies have diverged from American stocks, leading to substantial losses to Bitcoin and altcoin holders. Bitcoin has continued consolidating below $60,000 while the total market valuation of all coins has dropped to $2 trillion.

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Bitcoin falls below $60,000 as 'extreme fear' grips the market - What now?

A look at how Bitcoin is faring in an extreme fear environment. Why liquidations may have played a role in pushing BTC below $60k. Bitcoin [BTC] has once again pulled back below the $60,000 The post Bitcoin falls below $60,000 as 'extreme fear' grips the market - What now? appeared first on AMBCrypto.

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Bitcoin Dips Below $50K as Global Market Crashes

Bitcoin plunged below $50,000 for the first time in 6 months as global markets crashed amid recession fears.

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Bitcoin in danger of falling below $50K: Is BTC's bottom here?

The rising leverage ratio and Open Interest might be holding Bitcoin back. The pitchfork and 200 DMA support failure pointed to a price drop below $60k. Bitcoin [BTC] fell to $49K in the earThe post Bitcoin in danger of falling below $50K: Is BTC's bottom here? appeared first on AMBCrypto.

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Bitcoin below $70k: Did miners play a part in the drop?

Bitcoin rose to $70,000 in the previous trading session. Miner reserve has continued to decrease, but BTC's price has slowed it down. Recently, there has been a slight rise in the outflow frThe post Bitcoin below $70k: Did miners play a part in the drop? appeared first on AMBCrypto.

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Bitcoin dips below $67k as US moves seized BTC

Bitcoin, the leading cryptocurrency by market cap, has pulled back from its six-week high, dipping below the $67,000 mark on Tuesday morning. The drop in Bitcoin (BTC) comes after news on Monday, July 29, that the United States government moved…

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Mt. Gox moves over 47,000 Bitcoin, Bitcoin’s price drops below $64,000

Bitcoin dropped below $64,000 after Mt. Gox sent around $3 billion in Bitcoin to an unknown wallet today, according to Arkham's data. The post Mt. Gox moves over 47,000 Bitcoin, Bitcoin’s price drops below $64,000 appeared first on Crypto Briefing.

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Bitcoin dips below $65k as bears take control: Memeinator now trading on MEXC and Uniswap

Key takeaways Bitcoin has slipped below $65k, losing more than 4% of its value this week. Memeinator is now trading on MEXC and Uniswap exchanges. Bitcoin could dip below $64k soon Bitcoin, the leading cryptocurrency by market cap, has been underperforming over the last few days.

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Bitcoin ETF outflows continue, total amount falls below $15b

Spot Bitcoin (BTC) exchange-traded fund (ETF) outflows continued as the week started. Consequently, the total net inflows of the investment products in the U. S. dropped below the $15 billion mark.

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Bitcoin falls below $66k, exchange activity rises

Bitcoin (BTC) has witnessed a strong bearish momentum after three days of consolidation, leading to its price fall below the $66,000 mark. Bitcoin is down by 0.9% in the past 24 hours and is trading at $65,600 at the time…

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Bitcoin price ‘clusters’ hint at more downside: Is BTC about to lose $64K support?

Bitcoin could fall below $64,000 before entering the “parabolic phase” of the current bull cycle.

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Bitcoin may not remain below $70K for long, here's why

Bitcoin continued to trade below $70,000. Over 1 million addresses acquired BTC at the current price range. Bitcoin's [BTC] rally has stalled, and it has now fallen below the $70,000 price zThe post Bitcoin may not remain below $70K for long, here's why appeared first on AMBCrypto.

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Bitcoin price prediction: Another move below $56K coming?

Bitcoin has a bearish short-term outlook with its series of lower highs in the past month The drop to $56.5k meant the liquidity below it would likely be tested soon Bitcoin [BTC] clung to tThe post Bitcoin price prediction: Another move below $56K coming? appeared first on AMBCrypto.

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As Bitcoin sinks below this key zone, what should you do now?

Bitcoin short-term whales are underwater, which likely presented an ideal buying opportunity Metrics resembled how they were before the previous major bull run Bitcoin [BTC] sank below the kThe post As Bitcoin sinks below this key zone, what should you do now? appeared first on AMBCrypto.

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Bitcoin Sinks Below $57,000 Amidst Market Turbulence As Gold Bug Eyes Imminent Trip To $20,000

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Bitcoin falls below $57k as $13 billion in leveraged shorts placed on major exchanges

Since February, Bitcoin has fallen to its lowest price, breaking below $60,000 and hitting $56,900 as of press time. The price is now 23% below its recent pre-halving all-time high of $73,000. Data from Coinglass shows that Binance, the most liquid exchange for Bitcoin trading, has several buy walls in the order book down to […] The post Bitcoin falls below $57k as $13 billion in leveraged shorts placed on major exchanges appeared first on CryptoSlate.

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Bitcoin's price crashes below $58,000 - Which way will BTC go now?

Prudent Bitcoin traders might want to stay sidelined instead of bidding. A drop below the local low could send prices careening lower by close to 15%. Bitcoin [BTC] crashed by almost 10% froThe post Bitcoin's price crashes below $58,000 - Which way will BTC go now? appeared first on AMBCrypto.

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Bitcoin drops below $60k, traders liquidate $115m in 4 hours

The price of Bitcoin immediately dropped below the $60,000 level as the halving approaches.

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Bitcoin Price Turns Red Below $64K But Long-Term Uptrend Intact

Bitcoin price extended its decline below the $65,000 support. BTC is now struggling to stay above the $62,000 support zone and might test $60,000. Bitcoin price is moving lower below the $64,000 support zone.

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Why Bitcoin's drop below $40K is flashing mixed signals for traders

Bitcoin dropped below the critical $40,000-level Despite bearish trends, the market maintains a balanced mix of long and short positions In a surprising twist of events, Bitcoin (BTC) has seThe post Why Bitcoin's drop below $40K is flashing mixed signals for traders appeared first on AMBCrypto.

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Bitcoin Price Reaches Key Juncture, Is This Bears Trap or Fresh Decline

Bitcoin price started a downside correction below $28,000. BTC is now testing the $27,200 support and might start a fresh increase in the near term. Bitcoin is moving lower below the $28,000 and $27,800 support levels.

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Rollbit, Arbitrum, The Graph lead losses, Bitcoin dips below $25,000: Markets

Rollbit, Arbitrum, and The Graph bear the brunt of crypto market fluctuations as Bitcoin falls below $25k for the first time since June.

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Bitcoin Crashes Below 8-Month Support Line, More Pain Incoming?

For the first time since early January, Bitcoin is changing hands below a critical support band and the 20-week moving average, evident in the weekly chart. An analyst on X, formerly Twitter, pointed out this formation and has since raised questions about the coin’s prospects in the days and weeks ahead. Bitcoin is trading at […]

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Legendary Chartist Peter Brandt Assumes Bitcoin May Close Below $24,800: Details

Peter Brandt has made new Bitcoin prediction, now that Bitcoin has again dropped below $26,000 level

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Bitcoin Price Nosedives and Turns Attractive To Sellers On Recovery

Bitcoin price tumbled below the $28,400 support. BTC tested $24,800 and is currently attempting a recovery wave toward $27,000. Bitcoin is down over 6% and trading below the $27,000 support zone.

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Bitcoin Stagnates Below $30k, QUBE 25% Gain Becomes Beacon of Bullish Hope in Crypto

In the volatile world of cryptocurrency, it’s not uncommon for market sentiment to oscillate between extremes. Bitcoin (BTC), the leading digital asset, currently sits stagnating below the $30k mark, causing widespread concerns among investors.

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Bitcoin Investor Sentiment Flips Toward Greed Despite Fall Below $29,000

Amid the turbulence, the Bitcoin price has finally fallen below the $29,000 support. This decline points to the bears taking over the market, but investor sentiment has not swung the way it normally would in such circumstances.

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Bitcoin Price Hits Next Bearish Target But Bears Are Not Done Yet

Bitcoin price extended its decline and traded below $29,000. BTC is still at risk of more downsides toward the $28,200 support zone in the near term. Bitcoin is gaining bearish momentum below the $29,200 level.

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Litecoin (LTC), Monero (XMR) and DigiToads (TOADS) Show Bullish Signs as Bitcoin (BTC) Consolidates below $30K

A recent analysis of crypto market leader Bitcoin suggests that prices are currently consolidating just below and around $30K. While the good news is that this is better than continuing to suggest losses, it still isn’t exactly what investors have been hoping for: they want gains.

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Bitcoin Price Takes Hit – What Could Spark Larger Degree Correction

Bitcoin price extended its decline and spiked below $30,000. BTC is showing a few bearish signs and might extend its decline toward the $28,400 support zone. Bitcoin is moving lower below the $30,500 support zone.

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Bitcoin Price Hammered Below $25,000 Amid Fed’s Hawkish Tone, SEC Lawsuits

For the first time since mid-March, Bitcoin price dropped below $25,000 as trade volumes decreased and the U. S. Federal Reserve left interest rates untouched based on projections but warned of additional hikes this year to combat inflation.

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Bitcoin Price At Significant Risk of Crash Below $25,400

Bitcoin price is struggling below the $26,150 support. BTC could start another decline if it breaks the key $25,400 support in the near term. Bitcoin is moving lower below the $26,150 support zone.

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Bitcoin Price Holds Support But Bears Are Still In Control

Bitcoin price is holding the key $26,550 support zone. BTC could start a major decline if there is a close below $26,550 and $26,400. Bitcoin started another decline and traded below the $26,850 level.

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Mass exodus of Bitcoin: 2.3M BTC leaves exchanges as balance plummets below 12%

Quick Take Bitcoin exchange balance falls below 12%; this was first achieved at the beginning of 2023. We now see substantial coins leaving exchanges; the equivalent 12% is 2. 3 million Bitcoin. Binance holds roughly 3.

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Bitcoin Plunges Below $27,000, Which Holder Groups Are Selling?

Bitcoin has plunged below the $27,000 mark during the past day. Here are the market segments that are possibly participating in this selloff. These Bitcoin Investors Have Been Spending Their Coins Recently In a new tweet, the on-chain analytics firm Glassnode has broken down the prices at which the average coins sold today were bought.

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Bitcoin Price Continues Slide As Crypto Market Sentiment Takes Hit

Bitcoin price extended its decline below the $28,000 support. BTC tested $27,650 and is currently attempting a minor upside correction. Bitcoin is showing bearish signs below the $28,500 resistance zone.

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$300M liquidated in Bitcoin’s descent below $29k

Bitcoin (BTC) dropped below two psychological price barriers — $30,000 and $29,000 — in the last 24 hours to liquidate $66. 14 million long positions held on the asset, according to Coinglass data.

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Bitcoin Price Slides Further As Bulls Lose Control, $29K Still In Play

Bitcoin price extended its decline below the $30,000 zone. BTC might slide further and test the $29,000 support in the near term. Bitcoin started a downside correction below the $30,000 level. The price is trading below $30,000 and the 100 hourly Simple moving average.

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Bitcoin plunges below $28k amid market’s recent dip

Bitcoin (BTC), the world’s largest cryptocurrency, has suddenly dropped in value, slipping below $28,000 to trade at $27,953 on March 31. This decline represents a 4.1% decrease from its 90-day high of $29,159 reached just the day before on Mar.…

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Bitcoin breaks down below $20k amid recent market pressure

After struggling with recovery for some time, bitcoin (BTC) has continued to lose value and is trading below $20,000 at $19,650. Since mid-January, this is the first time BTC has dropped below this crucial line.  Some 24 hours ago, bitcoin…

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Rate Hikes On The Horizon, Will It Doom Bitcoin Below $20,000?

Bitcoin continues to trade sideways as volatility in the market’s most prominent cryptocurrency diminishes. Bitcoin has successfully held the $22,000 support level, although it did suffer a dip below $22,000 that was quickly bought by the bulls.

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First Mover Asia: Kraken Crypto Staking Settlement Bedevils Markets as Bitcoin Lingers Below $21.9K

ALSO: CoinDesk analyst Glenn Williams considers the significance of "whales" sending bitcoin back to exchanges, while smaller investors remove it. Bitcoin falls below $21.9K.

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Bitcoin Price Takes Hit as Indicators Signal Fresh Bearish Wave

Bitcoin price failed again and declined below $23,000. BTC is moving lower and might decline further below the $22,500 support. Bitcoin is moving lower from the $23,500 resistance zone. The price is trading below $23,000 and the 100 hourly simple moving average.

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Bitcoin steadies below $17K, but this analyst recommends a key indicator for a reversal

Bitcoin was steady below $17,000 on Tuesday A crypto analyst suggests a crossing of price above the 200-day as a bull signal Bitcoin still lacks a directional movement, and further decline is possible Bitcoin (BTC/USD) traded slightly below $17,000 on Tuesday, initially losing an opportunity to claim $19,000.

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