Bitcoin market cautious as longs and shorts balance out

Bitcoin’s drop to below $50,000 on Aug. 5 marked the largest drawdown in the current cycle, resulting in substantial profit losses and liquidations. And while BTC has shown solid signs of recovery since then, consolidating around $60,000, the market still remains cautious as it recently dipped below this psychological support.

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Will Bitcoin fall below $50K again? Assessing where BTC's bottom is

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. Update - Within hours of publication,The post Will Bitcoin fall below $50K again? Assessing where BTC's bottom is appeared first on AMBCrypto.

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Bitcoin below $60K: A magnet for major market players?

Bitcoin has remained below the $60,000 price range. Accumulation has increased after months of distribution. Bitcoin [BTC] has been persistently trading below the $60,000 mark, and recent daThe post Bitcoin below $60K: A magnet for major market players? appeared first on AMBCrypto.

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Bitcoin’s quick dip below $57k forces beginners to capitulate, CryptoQuant says

As Bitcoin plunged below the $57,000 mark, concerns surged among investors about potential market volatility and its impact on miners. On Thursday morning, speculators continued their selling pressure, forcing Bitcoin (BTC) to dip below $57,000 for the first time since…

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Crypto Carnage: Nearly $200 Million Liquidated as Bitcoin Slips Below $61,000

In a turbulent 24-hour trading session, the cryptocurrency market saw nearly $200 million wiped out in liquidations as Bitcoin price dropped below $61,000. This sharp decline triggered a wave of liquidations, affecting many investors and traders.

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Bitcoin Crash Below $67,000 Sends Market Spiraling, Here Are The Levels To Watch

The new week has been quite bearish for bitcoin, with the price witnessing major crashes below multiple support levels. After losing its footing above $71,000, it has plunged further below $67,000, signaling the start of a downtrend.

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Bitcoin falls below $57k, market analysts doubt quick recovery

Bitcoin rate fell below $60,000 shortly after the verdict was announced for Binance Founder Changpeng Zhao

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Bitcoin Price Nosedives, Can Bulls Save The Key Support at $60K?

Bitcoin price took a hit and even spiked below $60,000. BTC could gain bearish momentum if there is a daily close below the $60,000 support zone. Bitcoin started another decline and traded below the $61,200 zone.

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Crypto Stocks, Bitcoin Miners Sell-Off as Profit-Taking Caps Explosive Year-End

Bitcoin slipped below $42,000 on Friday, stalling below its yearly high.

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Bitcoin Bears Turn The Tide As Risk of More Downsides Escalate

Bitcoin price is sliding and trading below $27,000. BTC is still at risk of more downsides below the $26,500 and $26,200 support levels. Bitcoin is moving lower and showing bearish signs below $27,000.

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Bitcoin Price Relatively Muted – What Could Trigger A Sharp Decline?

Bitcoin price is still struggling below the $29,650 zone. BTC could gain bearish momentum if there is a close below the $29,100 support. Bitcoin is showing a few bearish signs below the $29,650 zone.

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Bitcoin Price Grinds Lower and Turns Vulnerable If It Struggles Below $30K

Bitcoin price is moving lower from the $29,500 zone. BTC is showing bearish signs and might decline further below the $29,000 support zone. Bitcoin is gaining bearish momentum below the $29,500 support.

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What next as Bitcoin Cash drops below $300?

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion BCH failed to reclaim the $300 psychologicaThe post What next as Bitcoin Cash drops below $300? appeared first on AMBCrypto.

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Bitcoin Price Could Nosedive If It Continues To Struggle Below $31K

Bitcoin price is moving lower below the $30,500 pivot level. BTC could decline heavily if there is a close below the $29,800 support zone in the near term. Bitcoin is moving lower below the $30,500 support zone.

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Bitcoin Price Analysis & Prediction (June 7th) – BTC Tumbles Below $26k as Bearish Pressure Continues?

After witnessing some recovery in the past week, Bitcoin topped out at resistance and initiated a heavy drop below the previous low. It lost 6% in the dip and has shown no sign of stopping at the moment.

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Bitcoin Price Nosedives Below Support As Bears Target $25K

Bitcoin price is down 5% and trading below the $26,000 level. BTC is now at risk of a move toward the $25,000 support in the near term. Bitcoin started a sharp decline below the $27,000 level. The price is trading below $26,500 and the 100 hourly Simple moving average.

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Bitcoin Price Takes Hit – Upsides Turn Attractive To Sellers

Bitcoin price started a fresh decline below the $27,500 support. BTC is now showing a lot of bearish signs below the $27,400 pivot level. Bitcoin started a fresh decline and tumbled below the key $27,500 support zone.

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Bitcoin Bears Gains Strength – Is This Renewed Downtrend or Just Correction

Bitcoin price is moving lower below $28,000. BTC is approaching the $27,000 support, below which there is a risk of an extended decline to $25,500. Bitcoin is moving lower and trading below the $28,200 pivot level.

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Bitcoin Bears Gain Strength – Is This Renewed Downtrend or Just Correction?

Bitcoin price is moving lower below $28,000. BTC is approaching the $27,000 support, below which there is a risk of an extended decline to $25,500. Bitcoin is moving lower and trading below the $28,200 pivot level.

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Bitcoin Price Reaches Inflection Zone As The Bears Slowly Take Control

Bitcoin price is moving lower and trading below $25,000. BTC remains at a risk of a downside break if it stays below the $25,200 resistance zone. Bitcoin started a downside correction below the $25,500 support zone.

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Five Reasons Why Bitcoin (BTC) Plunged Below $20,000

Regulatory crackdowns, selloffs in equities, concerns over higher interest rates, and the proposed tax on electricity used in cryptocurrency mining have contributed to Bitcoin's recent decline below $20,000

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Bitcoin Price Faces Rejection And It’s Vulnerable to a Drop Below $22K

Bitcoin price is moving lower below the $22,200 level. BTC could take a hit if there is a close below the $22,000 support zone in the near term. Bitcoin is showing bearish signs below the $22,500 resistance zone.

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Bitcoin (BTC) Drops Below $24,000, Here's What Might Be Needed to Push It Higher

Bitcoin oscillated near $24K before settling below this key level

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Bitcoin Price Consolidates Below $22K and At Risk of Sharp Decline

Bitcoin price is consolidating below the $22,000 resistance. BTC could decline heavily if there is a daily close below the $21,500 support. Bitcoin is showing a few negative signs below the $22,000 resistance.

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Bitcoin Price Bearish Below $16,900 But Indicators Point Otherwise

The Bitcoin price has struggled below $17,000 for multiple weeks now, and it recently dipped below the $16,900 mark. This downward move on the Bitcoin chart could be attributed to the recent Federal Open Market Committee (FOMC) minutes.

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Bitcoin Price Topside Bias Vulnerable If It Continues To Struggle Below $17K

Bitcoin price declined further and traded below $16,500. BTC is correcting losses, but it could struggle to climb above the $16,700 and $17,000 resistance levels. Bitcoin extended its decline below the $17,000 and $16,500 support levels.

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Bitcoin Price Prints Bearish Technical Pattern, Why It Could Continue Lower

Bitcoin price declined heavily and traded below $17,000. BTC is consolidating losses and remains at a risk of more losses below the $16,500 support. Bitcoin started a fresh decline below the $17,200 and $17,000 support levels.

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Bitcoin Price Recovery Won’t Be Easy, Why Bears Target Additional Weakness

Bitcoin price is struggling below the $19,200 support against the US Dollar. BTC remains at a risk of more losses below the $18,500 support in the near term. Bitcoin is showing bearish signs below the $19,200 and $19,500 levels.

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TA: Bitcoin Price Slides Below Key Support Amid Russia-Ukraine War Escalation

Bitcoin price is slowly moving lower below the $19,200 support against the US Dollar. BTC could slide further if there is further escalation in Russia-Ukraine war situation. Bitcoin is slowly moving lower below the $19,200 and $19,000 levels.

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Research: Persistent low volume could cause Bitcoin price to plummet to $12k if it falls below $17.5k

Recent on-chain metrics suggest that a Bitcoin (BTC) bottom might be forming, but the chances of the flagship asset dropping below its lowest value are increasing due to weak volume. The post Research: Persistent low volume could cause Bitcoin price to plummet to $12k if it falls below $17.5k appeared first on CryptoSlate.

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TA: Bitcoin Price At Major Risk of A Breakdown Below $20K: Here’s Why

Bitcoin settled below the $21,000 support zone against the US Dollar. BTC is showing bearish signs and remains at a risk of a major breakdown below $20,000. Bitcoin struggled to correct higher and stayed below the $21,000 resistance zone.

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Bitcoin (BTC) Closes Second Consecutive Bearish Week, Falling Below $20,000

Bitcoin (BTC) has closed two consecutive bearish weekly candlesticks and has nearly fallen to a new yearly low below $20,000. The post Bitcoin (BTC) Closes Second Consecutive Bearish Week, Falling Below $20,000 appeared first on BeInCrypto.

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Bitcoin breaks below Realized Price as bears push BTC below $21.4K

Bitcoin has declined by more than 8% in the past 24 hours to currently…

The post Bitcoin breaks below Realized Price as bears push BTC below $21.4K appeared first on CoinJournal.

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Bitcoin could slip below $21k as the broader market dips again

Bitcoin has dropped below the $22k support level after losing more than 6% of… The post Bitcoin could slip below $21k as the broader market dips again appeared first on CoinJournal.

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TA: Bitcoin Price Topside Bias Vulnerable Unless It Surges Past $24.5K

Bitcoin is struggling below $24,500 against the US Dollar. BTC could continue to move down below the $23,650 and $23,500 support levels. Bitcoin is slowly moving lower and trading well below the $25,000 level.

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TA: Bitcoin Price Below 100 SMA Could Spark Bearish Reaction

Bitcoin is slowly moving lower below $24,500 against the US Dollar. BTC could drop in the short-term if it stays below the 100 hourly SMA. Bitcoin started a downside correction after it failed to settle above $25,000.

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Bitcoin Erases Last Week Gains As Price Sinks Below $20,000

According to CoinGecko, the most prominent cryptocurrency in the world plummeted by 3. 5% in the last 24 hours. Bitcoin gave up all of its gains from last week as it fell below $20,000. BTC’s price on the market right now is $19,750, and the weekly gain is in the red with a 2.

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TA: Bitcoin Turns Bearish, Risk of Drop Below $29K

Bitcoin failed to continue higher above $31,750 against the US Dollar. BTC declined sharply and traded below the $30,000 support zone. Bitcoin started a fresh decline from the $31,750 region. The price is now trading below the $30,000 level and the 100 hourly simple moving average.

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Bitcoin (BTC) Fails to Sustain Upward Movement and Drops Below $30,000

Bitcoin (BTC) reached a high of $32,399 on May 31 but fell the next day and has dropped below $30,000 once more. The post Bitcoin (BTC) Fails to Sustain Upward Movement and Drops Below $30,000 appeared first on BeInCrypto.

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Here's Why Bitcoin Is Unlikely to Drop Below $20,000

CryptoQuant analyst Ki-Young Ju believes that institutional investors will prevent Bitcoin from dropping below $20,000

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The LUNA of it all - Why Bitcoin fell below $30K

The mid-week lull was swiftly broken as Bitcoin fell below the $30,000-mark - yet again. While you might feel the urge to blame world events or broader market factors for this dip, you'd be well advisThe post The LUNA of it all - Why Bitcoin fell below $30K appeared first on AMBCrypto.

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Bitcoin Recovers to $32K After Dipping Below $30K to 10-Month Low

Bitcoin (BTC) fell below $30,000 for the first time in ten months.

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Bitcoin falls below $32K as on-chain data suggests more pain likely

Bitcoin slipped below $32,000 on Monday and is dangerously close to breaking the $32.5k… The post Bitcoin falls below $32K as on-chain data suggests more pain likely appeared first on Coin Journal.

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TA: Bitcoin Downtrend Intact, Why The Bears Might Aim $32K

Bitcoin started a strong decline below the $37,500 support against the US Dollar. BTC even traded below $35,000 and might continue to move down towards $32,000. Bitcoin started a strong decline below the $36,500 and $35,500 levels.

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Bitcoin Beneath Key Support Level; What’s Next?

Bitcoin, the flagship cryptocurrency has remained below $40,000 over the past few days. The broader market correction has pushed altcoins to trade below their key support levels. Ethereum was priced below $3000 as the coin was rejected from the aforementioned price level.

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Bitcoin Beneath Key Support Level; What’s Next?

Bitcoin, the flagship cryptocurrency has remained below $40,000 over the past few days. The broader market correction has pushed altcoins to trade below their key support levels. Ethereum was priced below $3000 as the coin was rejected from the aforementioned price level.

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TA: Bitcoin Turns Red, Why BTC Could Dive Below $39K

Bitcoin started another decline below the $40,000 level against the US Dollar. BTC could extend losses if it stays below the $40,000 resistance zone. Bitcoin started another decline after it failed to clear the $40,000 resistance zone.

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Bitcoin Price Plummets Below $40,000 As Crypto Market Tallies $440 Million In Liquidations

Bitcoin fell 15% in the last 24 hours, plunging below $40,000 for the first time since middle of March. Meanwhile, Ethereum was down 14%, retreating below the $3,000 level for the first time since March 22.

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TA: Bitcoin Dives Below $40K, Why BTC Could Recover In Short-Term

Bitcoin gained bearish momentum and even declined below $40,000 against the US Dollar. BTC could recover if it manages to climb above the $40,000 pivot level. Bitcoin remained in a bearish zone and extended decline below $40,000.

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