2022-12-17 13:16 |
Bitcoin has never seen a death cross on its weekly chart before and the ominous-sounding indicator has a bad reputation of trapping sellers on the wrong side in traditional markets. origin »
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Two moving averages warn of a bear market-style price floor in the making, says analysis one month after Bitcoin’s weekly chart “death cross.”
2022-4-26 11:21 | |
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Bitcoin’s price is flashing some signs of weakness again as it nears it crucial $9,000 support The multiple tests of this level do seem to indicate that it is growing weaker, and it may only be a matter of time before sellers forcefully push BTC beneath it This comes as the be3nchmark cryptocurrency grows bearish from a technical perspective Analysts are noting that it recently formed a widely dreaded “death cross’ on its four-hour chart, […]
2020-6-30 21:00 | |
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Bitcoin has formed a “Death Cross” pattern on its daily chart as price slips ahead of the New York opening bell. The cryptocurrency’s 50-day simple moving average today closed above its 20-day exponential moving average.
2020-6-25 16:00 | |
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Bitcoin has come closer to forming a dreaded Wall Street chart pattern: the Death Cross. The bearish technical indicator materializes when an asset’s long-term moving average crosses above its short-term moving average.
2020-6-23 14:00 | |
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Bitcoin is looking to repeat a bearish pattern in June 2020, which has led its spot price to be lower by 60 percent. The cryptocurrency’s daily chart could form a “Death Cross” if it continues to struggle below $10,000.
2020-6-11 14:02 | |
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In brief: Bitcoin has so far defied the Death Cross which is evident on the daily chart. The King of Crypto is currently trading at $6,350, reclaiming the important $6,000 support zone. However, the current price movement is reminiscent of 2018 and could fall further as all markets are affected by the Coronavirus.
2020-3-30 19:16 | |
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In brief: Bitcoin (BTC) has had an eventful weekend as it dropped from $6,700 to $6,000. The King of Crypto has tested the $6,000 support zone a few times. This area of support is crucial as a death cross is forming on the daily chart.
2020-3-29 13:14 | |
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Bitcoin prices rallied Wednesday to reach an intraday top at about $6,983 but the move did not improve its bearish outlook for the rest of the month. The bitcoin-to-dollar daily chart saw the formation of two extremely bearish patterns: Death Cross and Double Top.
2020-3-25 14:59 | |
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Bitcoin, the S&P 500 and the Dow Jones are staring at bearish chart patterns as coronavirus jitters across the markets fail to subside.
2020-3-24 14:41 | |
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Fundamental catalysts are working with technical chart signals to indicate potential weakness in the major fiat currencies. These recessionary warnings suggest a paradigm shift into cryptos might be unfolding right before our eyes.
2019-8-10 20:00 | |
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Serious FUD is beginning to set into the Bitcoin market, as fears of a potential bearish evening star doji appearing on the 1-Week chart set in. But just how worried should you really be about this doji pattern, and how much is it affecting Bitcoin’s price right now? Let’s take a look at the Bitcoin price analysis.
2019-6-3 15:00 | |
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Bitcoin wobbled with US stocks as Iran deflated hopes on the reopening of the Strait of Hormuz oil route, while analysis praised “exceptionally strong” institutional BTC inflows.
Strategy sold 1,690 Bitcoin to repurchase STRC shares as its US dollar reserve rose to $4.65 billion and its Bitcoin holdings fell to 840,447 BTC.
Bitcoin spiked to a new August high into Sunday’s weekly close as market participants turned their attention to the next US inflation reports.
Bitcoin hit month-to-date highs above $65,000 as risk-assets gained on low US nonfarm payrolls data.
Binance saw a record divergence between daily spot and futures trading volumes, with the latter reaching nearly $58 billion.
Bitcoin miner MARA posted its highest quarterly Bitcoin production in over a year, but was overshadowed by a 28% decline in the average price of Bitcoin.
Bitcoin price action stayed compressed in an ongoing divergence from stocks and gold while US PMI data sparked fresh talk of “stagflation.”