Bitcoin Active Addresses Hit New Lows: Bearish Signal or Buying Opportunity?

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Bloomberg's Expert Issues Bearish Bitcoin Warning as BTC Reclaims $60K

Is Bitcoin leading bearish reversal of risk assets?

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Bitcoin Rejection At $62,498 Signals Bearish Dominance, Here Are Possible Outcomes

Bitcoin recently faced a significant rejection at the $62,498 resistance level, underscoring the prevailing bearish dominance in the market. This failure to break through a critical threshold highlights the strength of selling pressure and raises concerns about potential downward trends.

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Bitcoin (BTC) Creates Weekly Bearish Engulfing Candlestick After Retesting $25,000

Bitcoin (BTC) has created a bearish weekly candlestick and is showing several bearish signals in the daily time frame. The post Bitcoin (BTC) Creates Weekly Bearish Engulfing Candlestick After Retesting $25,000 appeared first on BeInCrypto.

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Bitcoin: Three reasons why you should not be bearish in 2022

Bitcoin price might have crashed on 6 March and the short-term outlook could appear bearish, but the long-term outlook remains bullish as ever. There are three significant on-chain metrics that paint The post Bitcoin: Three reasons why you should not be bearish in 2022 appeared first on AMBCrypto.

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Bearish pennant breakdown confirmed? 5 things to watch in Bitcoin this week

BTC spot price action looks gloomy on Monday, but as traders, analysts and more note, there are practically no reasons to be bearish on Bitcoin.

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Bitcoin May Have Just Escaped The Highly Dreaded September Bearish Storm

The benchmark cryptocurrency Bitcoin has been showing itself to be strong enough to take on the month of September, without falling into the bearish trap that has been recorded the years before at this time.

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Bearish Bitcoin bites, fears of further falls, regulation woes build: Hodler’s Digest, May 23–29

Bearish signals are growing in the crypto markets as tighter regulations and environmental concerns cast a dark shadow over Bitcoin.

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Bitcoin Analyst Sees Final Push to $67,000 Before “Strong” Bearish Breakdown

According to market analyst Vince Prince, it is likely for Bitcoin to print a new record high before undergoing a bearish correction.

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First Mover: As Bitcoin Flips Bearish, Neither Biden Nor BlackRock Brightens Mood

There's a lot of long-term bulls in the bitcoin market. But in the short-term? Pretty much everyone has suddenly turned bearish.  

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Here’s why options investors may be bearish on Bitcoin

Investors in the Bitcoin options market could be turning slightly bearish in the near term, order books show. The post Here’s why options investors may be bearish on Bitcoin appeared first on CryptoSlate.

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Bitcoin Paints Two Bearish Signals as Price Holds $13K; What’s Next?

Bitcoin is looking to face a period of sell-off as its daily chart reveals the presence of two historically accurate bearish indicators.

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Bitcoin has Already Bounced by 42% Since the Bottom

BeInCrypto has previously compared the rate of decrease of March to other bearish months. With this week’s increase, those numbers have changed. Below, we will take a look at monthly Bitcoin candlestick characteristics and compare them to previous bearish months.

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Bitcoin Price Has All 3 Factors For a Bearish Correction Lighting Up

The Bitcoin price is at risk of a pullback as three bearish indicators have emerged.

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These Bearish Factors Show Bitcoin Could See Violent Movement Below $6,000

Bitcoin has seen some incredibly bearish price action over the past 24-hours, with the cryptocurrency losing its support at $9,500 and entering a full-blown downtrend as bears attempt to erase much of BTC’s recent gains.

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Bitcoin Faces Further Losses if Bulls Can’t Disrupt Bearish Chart Pattern

Bitcoin has formed a bearish head-and-shoulders pattern with neckline support at $9,400.

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Bitcoin Price May Face Bearish Reversal to $5,500 Area Through Long Squeeze: Analysts

Crypto analysts are warning that the Bitcoin price may now be re-entering a bearish trend and could face a massive decline

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Bitcoin Outlook Has Changed to Bearish, According to Analyst

The Bitcoin price has initiated a downward move, which has put into play a bearish medium-term scenario in which the price could drop to $7000. Cryptocurrency analyst and trader @murocrypto stated that the Bitcoin price structure suggests that we are in a bearish market.

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Bitcoin Bias Flipping to Extremely Bearish: Analyst

Trading signals for Bitcoin are turning ‘extremely bearish’ as the cryptocurrency’s wild upside of HY2019 comes close to its exhaustion. According to market analyst Chonis Trading, the moving average convergence divergence (MACD) oscillator on bitcoin’s weekly charts is looking to flip to indicate its bearish bias.

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Bitcoin Turns Bearish, How Low Will The Pullback Go This Time?

The Bitcoin rally is running out of steam it seems. A bearish candle closing below $8,200 has been a signal for further losses and, as expected, they came pretty quickly. For the second time over the past seven days markets have fallen back instead of heading higher indicating that a correction is imminent.

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Ether Price Analysis: Market Indecision Could Cause Short Covering Rally

When we last discussed the ETH-USD pair, the price was testing support in the mid $200 range. Since then, the market has dropped another 30% as ether tests the waters in the upper $190 range:Figure 1: ETH-USD, 1-Day Candles, Macro TrendThe volume on the current drop has been exceptionally high compared to the beginning of its descent from the $800s.

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Golden Cross for Dogecoin [DOGE]

Last week, Bitcoin priced in a bearish engulfing on its weekly candle which was representative of an extremely bearish week. The outlook for the market as a whole is very bearish with many analysts anticipating Bitcoin to return to its lows of 2018.

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Bearish Engulfing on Weekly Candle Spells Trouble for Bitcoin [BTC] Price

Last weeks candle for the price of Bitcoin was a bearish engulfing candle. A bearish engulfing is where the drop engulfs the prior candle and typically takes place after a move to the upside. Two weeks ago we had a bullish week for cryptocurrencies where even altcoins were recording large appreciations.

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Bitcoin Cash (BCH) Daily Price Forecast – September 10

  BCH/USD Medium-term Trend: Bearish Supply zones: $800, $900, $1000 Demand zones: $300, $200, $100 BCH remain in a bearish trend in its medium-term outlook. The bullish pullback of 7th September did not push past the 23.

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Bitcoin Cash Price Analysis: BCH/USD’s Recoveries Remain Capped

Key Points Bitcoin cash price found support near the $460 level and recovered a few points against the US Dollar. There is a connecting bearish trend line formed with resistance near $488 on the hourly chart of the BCH/USD pair (data feed from Kraken).

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Decred Price Analysis: Alterations to blockchain governance

Decred (DCR) provides an intriguing governance & network decision-making alternative to the clunky, informal systems used by traditional PoW powerhouses Bitcoin and Ethereum. The network's hashrate and transaction volumes have improved over the last six months, and despite bearish price movements DCR has not fallen as far from its all-time highs as the majority of other alt-coins

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Bitcoin Price Weekly Analysis: BTC/USD Decline Could Extend to $5,950

Key Points Bitcoin price is bleeding and it could extend its slide below the $6,100 level against the US Dollar. There is a connecting bearish trend line in place with resistance at $6,300 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).

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Why Bitcoin (BTC) Is More Likely To Begin A New Trend Than To Fall Below $6,000 Again

As soon as Bitcoin (BTC) fell below $7,000, retail bears became loud once again. Calls for a fall to $4,000 or lower have become popular once again in the crypto community. The popular sentiment at the moment is bearish.

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Bitcoin [BTC] Price Due a Turnaround After Bearish Movements?

We are on the third consecutive day of losses for Bitcoin price. Last weeks bullish movements have been mostly retraced in the space of just two days with sharp declines. Today’s drop has been on low volume with some upward movements showing price may be due to a turnaround.

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$6K Ahead? Bitcoin Price Plunges After Brief Recovery

Bitcoin's short-lived corrective rally reinforces the bearish outlook put forward by the technical charts and indicates scope for a drop to $6,000.

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Research Finds Investors Remain Bullish on Bitcoin Despite Bear Market

The bearish sentiment in the cryptocurrency market has failed to deter most retail and institutional investors from investing in cryptocurrencies over the next 12 months, as concluded by SharesPost’s recent survey.

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Bitcoin Price Watch: BTC/USD Buyers Could Struggle Near $6,620

Key Points Bitcoin price slowly recovered after trading as low as $6,249 against the US Dollar. There is a bearish flag forming with current resistance at $6,600 on the hourly chart of the BTC/USD pair (data feed from Kraken).

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Bitcoin (BTC) Daily Price Forecast – September 7

BTC/USD Medium-term Trend: Bearish Resistance Levels: $6,600, $6,800, $7,000 Support levels: $6,300, $6,100, $5,900 Yesterday, September 6, the BTC price was in a bearish trend. The cryptocurrency fell to the low of $6,294.

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Bitcoin Cash (BCH) Daily Price Forecast – September 7

BCH/USD Medium-term Trend: Bearish Supply zones: $800, $900, $1000 Demand zones: $300, $200, $100 BCH remain in a bearish trend in its medium-term outlook. The bears' pressure from the 4th September at $642.

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Markets Update: Shorts Continue to Rise as Bearish Sentiment Ensues

Cryptocurrency markets have lost considerable value since our last markets update three days ago. The entire digital currency economy of roughly 1900+ assets has lost $35 billion since then, and a great majority of cryptocurrencies over the last 24 hours are in the red seeing significant losses.

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Market Bloodbath as Bitcoin [BTC] Price Continues to Drop

Bitcoin has dropped from around $7400 to $6400 in the space of just two days, an over 13% decline. Price met resistance yesterday around $7400 and underwent a sharp drop from this point. Yesterday’s daily candle was a bearish Marubozu candle.

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Bitcoin Shorts: 40 Percent Surge Suggests Bearish Crypto Market

Bitcoin shorts positions have increased significantly since the start of the week, suggesting investors are adopting bearish outlooks for the crypto market. Data collected by TradingView shows the volume of Bitcoin shorts, taken out from the cryptocurrency exchange Bitfinex, has nearly doubled in four days.

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Dogecoin Price Holds Strong Through the Crypto Market Crash

The current cryptocurrency market sentiment looks anything but promising. Bitcoin’s price decline is dragging all other currencies and assets with it, which is only to be expected. Surprisingly, Dogecoin’s price is far more stable than any other offering amid this bearish pressure.

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Bitcoin Price Watch: BTC/USD Breakdown Towards $6,000 Looks Real

Key Points Bitcoin price tumbled and broke many supports like $7,000, $6,800 and $6,560 against the US Dollar. There was a break below a declining channel with support at $6,790 on the hourly chart of the BTC/USD pair (data feed from Kraken).

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Bitcoin Cash Price Analysis: BCH/USD Turned Sell on Rallies

Key Points Bitcoin cash price failed to clear the $650 resistance and dropped sharply against the US Dollar. There is a key bearish trend line forming with resistance at $525 on the hourly chart of the BCH/USD pair (data feed from Kraken).

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Crypto Market Update: Ethereum hits all time 11 months low

The volatility in the cryptocurrency market is actually affecting the entire market that one could imagine where the market is tending to, The past week have been an entirely high volatile Sections, with Only Bitcoin Sustaining and Resisting harsh Tumbles before Joining back the Bearish thread.

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Bitcoin Cash Price Analysis: BCH/USD Consolidating Above $600

Key Points Bitcoin cash price remained in a tight range above the $600 barrier against the US Dollar. There is a major bearish trend line in place with resistance at $648 on the hourly chart of the BCH/USD pair (data feed from Kraken).

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Bitcoin (BTC) Price Watch: Will Resistance Hold or Fold?

Bitcoin Price Key Highlights Bitcoin price has been on a steady climb recently and is closing in on a nearby resistance level. Price is still trading inside a falling wedge pattern on its daily chart and is about to test resistance around $7,500.

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Bitcoin Price Analysis: Bull Breakout or Bearish Reversal?

Bitcoin is working hard to overtake the $7,300 mark. However, the holding aspect that has proven problematic. Bitcoin Price Market Overview Bitcoin continues to reject at $7,300 even though it has staged a few inspiring pops above the $7,300 resistance.

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Bitcoin Price Analysis: Strong Rally Tests Trend-Changing Behavior

In a potentially trend-changing move, bitcoin has now managed establish its first *higher* low since the beginning of this years crypto bear market. In mid-June, after seeing a short-lived bounce from this year’s low in the upper $5,000s, the bitcoin market took a very harsh, unrelenting move that dropped the price from the mid $8000s to the $5900s.

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Opinion: ETH futures will distract bears' attention from bitcoin

The launch of Ethereum futures trading on the Chicago Board Options Exchange is likely to have a negative impact on the ETH price, but it may weaken the bearish pressure on bitcoin, the analyst believes.

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Blockchain Jobs Thrive in Asia Despite Cryptocurrency Market Decline

Although the cryptocurrency industry is experiencing a bearish slump, blockchain jobs are rising in demand in Asian cities. Blockchain technology is an increasingly popular emerging technology with startups and corporations eager to test, develop, and pilot the technology.

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Bitcoin Cash Price Weekly Analysis: BCH/USD Rally Could Extend above $650

Key Points Bitcoin cash price jumped higher and broke the $540 and $600 resistance levels against the US Dollar. There was a break above a major bearish trend line formed with resistance near $560 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).

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Bitcoin Remains Range-Bound At $7,000, Analysts Bearish

On Friday morning, investors and traders across the crypto industry awoke to a pleasant sight, with the majority of crypto assets posting gains, albeit slight. Regardless, many welcomed this move, with optimists expecting for this relatively bullish price action to continue.

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