2022-5-10 00:30 |
Fear dominates the crypto market as BTC price trades near $30,000, but data suggests whales and momentum traders could be interested in accumulating in this zone. origin »
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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.