2023-8-22 08:23 |
Bitcoin's relative strength index has dropped well below 30 to its strongest oversold reading since March 2020. origin »
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One of most reliable Bitcoin (BTC) price models suggests orange coin is terribly oversold
2022-11-5 18:34 | |
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Aditya Das is an analyst and researcher at Brave New Coin. With Bitcoin struggling to stay above the key $20,000 price level, investors are bracing for a long crypto winter. Fundamental analysis, however, suggests that Bitcoin is oversold.
2022-7-19 04:00 | |
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Recent data from Glassnode shows that Bitcoin is extremely oversold in the market
2021-5-16 22:43 | |
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Bitcoin (BTC) Is Oversold The most-anticipated crypto-centric event of early-2018, the Binance Blockchain Week in Bitcoin capital Singapore, has arrived, and this nascent community is buzzing. As the event is a Binance-led initiative, the upstart’s C-suiters and foremost executives have made appearances at the conference, coupled with the subsequent hackathon.
2019-1-22 04:22 | |
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A key long-term bitcoin price indicator is reporting oversold conditions for the first time in almost four years.
2018-12-11 14:00 | |
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It’s no secret that 2018 has been a rough year for cryptocurrencies, with Bitcoin falling over 80% from its 2017 highs, and most major altcoins dropping 90% or more. Despite the market’s poor performance, one venture capitalist laid out his case for why Bitcoin and Ethereum are currently oversold from a fundamental standpoint.
2018-12-11 02:00 | |
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Bitcoin’s price continues to slide despite the oversold conditions signaled on the technical charts for the last six days.
2018-11-20 14:01 | |
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The market is down again, and the current price trajectory is bringing new lows not seen for over a year. Bitcoin (BTC), normally the most stable asset in the room, has fallen through all of its price levels.
2018-11-19 22:47 | |
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Bitcoin is looking oversold after a drop to 13-month lows Wednesday and could defend immediate support at $5,000 in the next few days.
2018-11-15 14:15 | |
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Bitcoin is looking oversold after a drop to 13-month lows Wednesday and could defend immediate support at $5,000 in the next few days.
2018-11-15 14:15 | |
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An oversold market makes the best time to enter. And experts believe it is happening with crypto industry as it retains a yearly bearish bias. The significant dip seen in 2018, followed by consecutive strong rebounds from a specific bottom area has upped medium-term bullish sentiments in the crypto market.
2018-10-16 16:00 | |
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Chart for ETH/USD (4H) Ethereum (ETH) investors have nothing to worry about. The recent decline in Ethereum (ETH) sure was frightful. It is alarming to see the price of an asset decline by more than 10% in a single day.
2018-10-11 18:30 | |
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Bitcoin bull and highly cited cryptocurrency proponent Mike Novogratz called “bottom” this week on Twitter. On Friday, Bitcoin’s market performance and key market reversal indicated a possible turning point.
2018-9-17 07:00 | |
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Bitcoin is making a slow and steady recovery toward $7,000. Has bearish market sentiment alleviated? Or, are the current gains simply the result of a market-wide oversold bounce? On Thursday, BTC broke through the $6,450 resistance and proceeded to reach a weekly high just shy of $6,600.
2018-9-16 13:00 | |
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Bitcoin (BTC) has held the $5,800 support so far even as crypto carnage continues. While most altcoins have already suffered double digit losses, Bitcoin (BTC) has held its ground as can be seen on the daily BTC/USD chart above.
2018-8-14 17:00 | |
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$6k looms close for Bitcoin as price suffered a steep decline yesterday from around $6550 to $6100. Support around $6100 is currently holding the price but with this being the third test around this level, it is questionable whether it can hold much longer.
2018-8-11 20:05 | |
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Bitcoin could defend the support at $6,000 as the cryptocurrency is closing on oversold conditions as per the technical charts.
2018-8-9 14:00 | |
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Crypto markets are firmly in the red after the U.S. SEC postponed its decision on VanEck Bitcoin ETF. However, with many coins in the oversold territory, the charts suggest that this might be just a pullback
2018-8-9 22:32 | |
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As usual, altcoins have been negatively impacted by Bitcoin’s recent downturn, but all is not lost. As Bitcoin and altcoins become oversold, opportunities for exploiting oversold bounces and tightly bound range trades arise.
2018-8-2 16:00 | |
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Bitcoin (BTC) fell sharply last night after rejection at a critical downtrend resistance as can be seen on the BTC/USD daily chart above. The price action appeared weak as Bitcoin (BTC) failed to hold the 200 EMA and fell right through it.
2018-8-2 21:30 | |
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Bitcoin's price could trade in a narrow range in the next 24 hours, courtesy of oversold conditions reported by short duration technical charts.
2018-8-1 14:00 | |
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The general mood and feel in the crypto-markets is one of a recovery that is yet to be confirmed at the moment of writing this. Many seasoned crypto-traders had speculated that Bitcoin (BTC) had been oversold beginning Thursday, 12th July.
2018-7-16 18:22 | |
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BTC was expected to drop below $6,000 in the last 24 hours as the bears were on the offensive following an inverted flag breakdown. However, the intraday oversold conditions likely put a floor under bitcoin prices at the two-week low of $6,080, helping it chart a solid rebound to $6,283 (today’s high). Moreover, the probability
2018-7-13 17:40 | |
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Japan will change taxes on cryptocurrencies, from a progressive to a uniform one. In Japan it could be taxed up to 55% on profits. The stochastic has left the oversold region and is currently at 36%.
2018-6-26 19:44 | |
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Bitcoin (BTC) took a trip to hell and apparently made it back last night when a fall below $6,000 took many by surprise. Fortunately, Bitcoin (BTC) formed a doji just above the support line which pumped back some life into the cryptocurrency and pushed it back above $6,200.
2018-6-25 18:00 | |
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The cryptocurrency market is in a weird place, with Bitcoin finding stability at approximately $6,600 over the past few days. However, many crypto analysts and personalities, like Tom Lee, managing partner at Fundstrat Global Advisors, believe that this could change on a dime.
2018-6-21 23:00 | |
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Short-term oversold conditions may give the bulls a brief reprieve, but the bitcoin market is still generally bearish.
2018-6-14 13:25 | |
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The Dogecoin Relative Strength Index (RSI) is said to have entered historical oversold levels. This has raised the possibility that the foremost meme coin could repeat its parabolic rally in the 2021 bull cycle.
The Bitcoin price could be in for more pain as a crypto analyst has just released a gloomy short-term outlook, warning that another crash may be on the way. The analyst believes that Bitcoin’s overall market structure remains bearish.
Bitcoin’s short-term price action is still without bullish momentum, and according to macroeconomist Henrik Zeberg, the longer-term outlook may be deteriorating as well. Henrik Zeberg shared a strongly bearish assessment of the market’s current structure in a post on the social media platform X with the conclusion that Bitcoin is no longer behaving like an asset in a healthy expansion phase.
Crypto analyst Cryptollica has pointed to a Dogecoin cycle fractal, which shows where the DOGE price may be headed next. This came as the analyst provided a bullish outlook for the top meme coin and indicated that this was a good time for investors to buy DOGE.
Dogecoin may look quiet and unexciting right now, but history suggests that could be the point. Similar fractal setups in the past have shown that prolonged accumulation phases often precede explosive moves, rewarding patience rather than impulse.
A crypto analyst has revisited long-term charts from 2012-2015, noting that the current Bitcoin (BTC) cycle shows striking similarities to this timeline, in terms of the Relative Strength Index (RSI) and price action.
Bitcoin’s weekly chart shows promising signs of strength as the RSI continues to climb, hinting at the potential for further upside. However, the battle isn’t over yet. With price hovering near the critical $107,000 support, bulls must defend this level to prevent deeper downside pressure.