3 Key Reasons Why Bitcoin (BTC) Dropped Below $58,000

Bitcoin fell to lows of $57,663 in Monday's trading session

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Michael Saylor Issues Bitcoin Statement Amid Crypto Market Sell-off

Bitcoin fell to lows of $59,506 in Wednesday's trading session

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Bitcoin Slumps To $64K Lows; Shiba Inu, Dogecoin, Cardano, Solana Lead Losses In Altcoins

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Bitcoin On-Chain Activity Hits Historic Lows: Is the Bottom In?

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Trouble For Bitcoin Miners? Hashprice Falls To All-Time Lows

Data shows the Bitcoin miner “hashprice” has fallen towards all-time lows, a sign that these chain validators could be coming under pressure. Bitcoin Miners Are On The Brink Of Becoming Unprofitable In its latest weekly report, the on-chain analytics firm Glassnode has looked into some miner-related metrics to see how they are doing in terms […]

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Bitcoin unhedged shorts sit at one-year lows

Quick Take CryptoSlate recently analyzed Bitfinex whale movement cashing out 12,000 Bitcoin.

The post Bitcoin unhedged shorts sit at one-year lows appeared first on CryptoSlate.

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Bitcoin Dumps After Revisiting June Lows, Where Does The Bottom Lie?

Bitcoin reversed below $20,000 once more after the sell-offs that followed the completion of the Ethereum Merge. With the decline, the digital asset had revisited lows not seen in three months, giving credence to the bears during this time.

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“New Lows Are Just A Matter Of Time” – Prominent Bitcoin Analyst Warns Of Prices Under $19k

Bitcoin is currently experiencing a wild correction that is taking the asset back to lows not seen in over three weeks. This follows the recent bear market rally on whose back Bitcoin rode to $20. 9k over the weekend.

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Bitcoin's key momentum metric hints at bullish divergence as BTC clings to $33K

The RSI is seeing higher lows after rebounding from its oversold areas as Bitcoin price is forming lower lows.

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Bitcoin is Getting “Squeezed” Between 2 Critical Levels; Volatility Imminent

Bitcoin’s price action has been rather lackluster ever since it saw its sharp decline to lows of nearly $28,000 just a few days ago The selling pressure that sent it down to these lows has since subsided, but bulls have been struggling to extend the momentum that first sparked this movement Where the entire market trends in the mid-term may depend largely, if not entirely, on whether Bitcoin can sustain the rebound seen in the […]

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Bitcoin’s 60-day Volatility Plunges to Historic Lows as Consolidation Persists

Bitcoin’s volatility has been diving as of late, with the benchmark cryptocurrency seeing multiple prolonged bouts of sideways trading. Last week, BTC did see some turbulence that caused its price to rally from lows of $10,400 up to highs of $11,700.

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How This Bitcoin Bull Run’s Momentum Is “So Different” From The Last

Bitcoin’s halving is now in the past, and stock-to-flow formulas predict that the asset is ready to rocket out from current lows. But that’s yet to happen, and the crypto market is even crashing currently.

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Bitcoin Could Confirm Recent Decline as a “Huge Bear Trap” if It Reclaims $9,200

Bitcoin has seen an immense downturn over the past couple of days, declining from highs of over $9,800 to lows of $8,600 yesterday. This selloff came about after multiple consecutive rejections around $10,000.

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Reddit CEO: Bitcoin Is “Here to Stay” Because of Wall Street Involvement

When Bitcoin crashed to $3,700 in March on the back of a global liquidation in financial markets, there were many throwing in the towel. At the time, there were prominent analysts calling for the cryptocurrency to fall under 2018’s lows, while critics doubled down on their assertions that BTC was a “scam” and an “asset for criminals.

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Bitcoin Has Begun Its Journey to Fresh All-Time Highs; Factors to Consider

2020 has been a great year for Bitcoin, with its rally from its late-2019 lows of $6,400 altering the cryptocurrency’s market structure to greatly favor bulls, leading many investors to believe that these lows will mark a long-term bottom for BTC.

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Bitcoin Price Falls Below $7,000, Another Retest of Lows Ahead?

After Bitcoin price swept lows right before the Christmas holiday, many crypto traders thought that the bottom was in across the crypto market, and Bitcoin would head into the New Year with renewed bullish momentum.

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Bitcoin Price about to Drop to New Lows, Traders Believe

Despite the recent attempts of Bitcoin to get over the $9,000 level, some crypto experts believe that the market is in for new lows that BTC may hit in the short term

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2019 Monthly Lows Show Next Bitcoin Bull Market Will Be Stronger

This year has certainly been more fruitful for bitcoin price than 2018 was. That said, it has not shown any signs yet of returning to an all-time high. Looking at the lows may offer some indication of how big the next bull run could be.

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Bitcoin Reaches “Do-Or-Die” Level After Overnight Pump

After posting a strong recovery from its recent lows of $9,500, Bitcoin (BTC) has been able to further extend its upwards momentum and is now nearing the next key price hurdle that could determine which direction it trends in the near-term.

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Bitcoin Price Goes 123 Days Without New Lows, Bull Market Ahead?

Bitcoin investors are ready to call $3,100-area a bottom as the cryptocurrency continues its upward trend. The Rythm Trader noted that bitcoin had gone 123 days without posting fresher lows, which brought up its total gains since December close to 65 percent.

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New Etherscan Data Shows Ethereum Mining Rewards Reach Unfortunate Lows in ETH’s Young History

Cryptocurrency enthusiasts of Bitcoin have been concerned lately over the halvening of the mining rewards, even though this milestone is not expected to be reached for over a year. However, this focus has left everyone’s backs turned to Ethereum.

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Bitcoin Price Clings to $3,600 with Iron Fist While Ethereum Races Past Ripple

The 24-hour period of trading hasn’t seen vast activity in the crypto economy. Since the spike at the end of last week, nothing truly significant has taken place on Bitcoin markets. With a high degree of irony, the whole crypto market seems on pause while the SEC “eventually” plans to approve an exchange-traded fund.

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Bitcoin Transaction Fees at New Lows Not Seen Since 2014

Throughout 2018 and leading into 2019 Bitcoin (BTC) has continued to find new lows in not only price but… The post Bitcoin Transaction Fees at New Lows Not Seen Since 2014 appeared first on Invest In Blockchain.

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Crypto Feud: TRON Founder Takes Shots at Ethereum Creator’s Twitter Follower Count

Since late November of last year, Bitcoin and the majority of other crypto assets such as Ethereum or Litecoin have continued to plummet to new lows. However, TRON, a cryptocurrency aimed at “decentralizing the web” has experienced solid and steady growth in value.

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Bitcoin (BTC) Holds Steady Above $3,600, May Still Have Fuel to Move Higher in Near Future

Bitcoin (BTC) has held steady above $3,600 after yesterday’s upwards surge that sent it climbing from lows of $3,400 to highs of $3,700. Although often times these upwards price movements are typically followed by a cool-off period that results in Bitcoin surrendering a portion of its gains, BTC has held steady at its current price.

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GalaxyBTC Crypto Analyst Thinks February 8, 2019 Could Be the Start of a Bitcoin Bull Market Rally

Earlier today, the price of Bitcoin witnessed a surge of over 10%– thereby allowing the premier alt-currency to break through its stubborn resistance region of $3,480-3,500. This sudden increase came after weeks of stagnancy, which saw the flagship asset dip to record lows over the course of the past year or so. However, the question […]

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Bitcoin Price Analysis: Strong Rally Set to Test Overhanging Resistance

Shortly after the London Open, the entire crypto market saw a strong round of buying. Some coins broke their highest volume seen since the beginning of the bear market, and several others broke straight through overhanging resistance levels.

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Civic [CVC] Price: Questions Raised Over Whether Top Performer Civic Can Sustain Its Spike?

Since steep declines took place in mid-November, Civic has been finding support around the $0. 046 level. The blockchain identity company was founded by one of the sharks on Shark Tank, Vinny Lingham.

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Bitcoin Price Still Trading Flat While Litecoin Hits 7-Month High

Bitcoin, which continues to languish near seven-week lows, is being outshone by a surge in litecoin prices.

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Cryptocurrency Market ‘Vulnerable’ to Lower Lows, Says Fundstrat Strategist

Fundstrat Global Advisors strategist Robert Sluymer has warned that Bitcoin and the cryptocurrency market as a whole are displaying signs of vulnerability.   ‘Price Structure Remains Weak’ Robert Sluymer from Fundstrat Global Advisors has said in a note Wednesday, February 6th, that Bitcoin and most of the cryptocurrencies display signs of vulnerability, Bloomberg reports.

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Bitcoin, Altcoins Are Vulnerable to New Lows, Fundstrat Warns Clients

Fundstrat is feeling bearish after analyzing cryptocurrency price trends, the firm suggested to clients

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Bitcoin Price Analysis: Investors Grow Weary as the Battle to Hold at $3,421 Continues — Can the Bulls Prevent Fresh 2019 BTC Price Lows?

Support for BTC moving forward: $3,421, $3,400, $3,350, $3,331, $3,284, $3,228, $3,000. Resistance for BTC moving forward: $3,467, $3,508,… The post Bitcoin Price Analysis: Investors Grow Weary as the Battle to Hold at $3,421 Continues — Can the Bulls Prevent Fresh 2019 BTC Price Lows? appeared first on Invest In Blockchain.

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Dogecoin Price: Are Dark Days Ahead for Doge As It Forms New 2019 Low?

Most top cryptocurrencies are trading above their 2019 lows, but Doge has gone on to form a new 2019 low in today’s trading. Doge initially formed a low for 2019 after breaking below support at $0.

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Strong Fundamentals: Bitcoin Daily Transactions Return to Bull Run Levels

During the 2017 Bitcoin bull run and meteoric rise to its all-time high price of $20,000, hype and irrational exuberance created a bubble effect, that later popped and led to a the longest bear market on record.

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Bitcoin trade volume drops sharply as volatility flattens

We already know that we’ve recently suffered the longest continuous price decline in Bitcoin history – but analysis has shown just how much it’s affected cryptocurrency trading. Blockchain research unit Diar compiled volume data across major cryptocurrency exchanges to find trade activity has hit lows not seen in years.

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3 Charts Suggesting Bitcoin Price May Be Bottoming

In February 2019, Bitcoin transaction metrics are giving stronger hints than ever that the cryptocurrency is close to the bottom of its latest bear cycle. Bitcoin’s Familiar Moves Data from Blockchain, tracking the number of unspent transaction outputs (UTXOs), confirmed transactions by day and exchange volumes in USD for Bitcoin, reveals lows not seen since 2017.

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Crypto Investor Urges Consumers to Accumulate Bitcoin Before Halving, Rally Expected?

Bitcoin (BTC) and other crypto assets may be nearing their one-year lows, but copious amounts of optimism still exist in the minds of believers the world over. Case in point, while many analysts are unfaltering in their belief that lower lows are inbound, with even one short-term sardonic commentator calling for a $1,700 BTC, hope.

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Analysts Watch for Crypto Decoupling, Stock Market Correlation, and $7K Bitcoin in 2019

At the end of 2018, the stock market tumbled, and leading cryptocurrencies such as Bitcoin fell through price support to reach new yearly lows, sending the crypto market into a depression state. There’s hope at the end of the tunnel, concludes a team of analysts, whose average price prediction for Bitcoin puts the leading crypto.

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Bitcoin Price Analysis Showing Volatile Week Ahead

Bitcoin price finished the week trading at $3415, down 3. 2% on the week from $3530, with very little signs of trading higher. With the 2018 lows beckoning, we take a closer look at the price action.

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Bitcoin (BTC) Price Analysis: Higher Pullback Possible

Bitcoin is trending lower on its 1-hour time frame and seems to be bouncing off the mid-channel area of interest on the descending channel. However, price has yet to make new lows or test the latest ones, so a larger pullback might still be due.

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Bitcoin SV (BSV) Long-term Price Analysis – February 3

BSV/USD Long-term Trend – Ranging Distribution territories: $90, $100, $110 Accumulation territories: $50, $40, $30 A decline that occurred on January 28 in the market valuation of BSV/USD has only made it to seeing lower lows and lower highs until now.

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Bitcoin (BTC) Stable Above $3,400, But Analyst Claims “Darker Days Still Lie Ahead”

Following Bitcoin’s relatively volatile week, it appears to have established $3,400 as a level of support, but BTC still faces growing resistance around $3,500 as it has tried and failed on multiple occasions to break above this price level.

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Tron Technical Analysis: TRX Price Falls but Remains Above 200-Day Moving Average for Now

After outperforming for the past few weeks, Tron is forming more bearish patterns with lower lows and lower highs forming. Bullish conditions last week brought the price of Tron above resistance at $0.

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Analyst: Bitcoin (BTC) Likely to Climb Back Above $3,500 After Finding Support at $3,400

Earlier this week, Bitcoin (BTC) failed to uphold its previously established support level around $3,550, which led to a sharp drop to $3,400. Although at the time of this drop many analysts expected BTC’s main region of support to exist around its 2018 lows at approximately $3,200, the cryptocurrency was able to find support at.

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Ripple’s XRP Price Action: XRP Surges 12% and Becomes Today’s Top Performer

Many top cryptocurrencies including Ripple’s XRP formed their 2019 lows yesterday. XRP reached a low of $0. 28 yesterday and is following up today with a significant spike which has brought it over two expected resistance levels.

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Bitcoin Eyes Minor Price Bounce But Bear Trend Intact

Bitcoin has recovered slightly from six-week lows seen yesterday and could see a short-term corrective bounce to $3,500.

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Bitcoin Trades Flat Following Yesterday’s Drop, Where is BTC Heading Next?

After an extended period of sideways trading, Bitcoin (BTC) experienced a large downwards swing yesterday that caused the cryptocurrency to break below it previously established support level in the low-$3,500 region.

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Bitcoin Price Analysis: BTC Upsides, Break above $3,800 on the Cards

Bitcoin price reject lower lows, stable Exchanges in South Korea band together to protect investors and prevent illegalities Transaction volumes low, prices trading in tight ranges Despite yesterday’s declines, BTC is technically bullish.

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IOTA Price Action: Doji Candle and Potential Bear Flag Forming

When Fibonacci retracements levels are drawn from December lows to early January highs, most top cryptocurrencies have managed to maintain their price above the 0. 618 level. However, IOTA is trading more bearishly with price dropping below the 0.

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