Bitcoin price: here’s what a closely watched technical indicator suggests

Bitcoin (BTC/USD) remains perched above $21,000 on Monday morning, having scrapped through the weekend without breaching the psychological $20,000 mark. However, having touched lows of $20,700 over the weekend, and intraday lows of $20,900 so far today, the benchmark crypto could yet see new losses.

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Pro: Bitcoin’s region of maximum pressure likely in the $10K-$14.5K range

On-chain analyst Cauê Oliveira says benchmark cryptocurrency Bitcoin (BTC/USD) could see “maximum pressure” later in the year, highlighting the region around $14,500-$10,000 as the likely bottom for the 2022 bear market.

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Canaan CEO expects ‘prolonged headwinds’ amid downward pressure on Bitcoin

Canaan Inc. (NASDAQ: CAN) Chief Executive Officer Nangeng Zhang believes the Bitcoin (BTC/USD) mining hardware provider, and the broader sector, could see “prolonged headwinds” in the next few months as the crypto market battles the downside pressure that’s thwarted bulls since the fourth quarter of last year.

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Why Athletes Are Taking Compensation in Bitcoin

From UFC to soccer, sportspeople continue to see the attraction of BTC, despite the faltering market. This piece is part of CoinDesk's "Sports Week."

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First Mover Asia: Crypto Companies Struggle With Layoffs, but Some See Opportunity to Add Talent; BTC, ETH Soar After Fed Rate Hike

The bear market has forced multiple organizations to cut their workforces, hurting morale and weakening the companies; BTC, ETH soar.

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Avalanche [AVAX] traders could see buying opportunity in this zone

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Bitcoin [BTC] has performed well on the charThe post Avalanche [AVAX] traders could see buying opportunity in this zone appeared first on AMBCrypto.

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Bitcoin mining difficulty expected to see largest drop since China ban

Bitcoin (BTC)mining difficulty is expected to adjust downwards by about 4.5% during the next adjustment window, on July 21 at around 7 p.m. The post Bitcoin mining difficulty expected to see largest drop since China ban appeared first on CryptoSlate.

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BTC, ETH Predicted to End 2022 Above These Prices as Researchers Envisage 29% Recovery

Only 29% see recovery from bear market this year

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Market Wrap: Bitcoin Snaps Five-Day Losing Streak; Even Traders See More Hawkish Fed

BTC fell 4.5% minutes after the U.S. consumer price index showed June inflation rising to 9.1% but has since recovered.

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Bitcoin Will Reach ATH In Next 24 Months, Coinshares CSO Predicts

Bitcoin (BTC) may have seen the worst of this bear market, with the main cryptocurrency plummeting about 70 percent from its all-time high in November 2021. However, industry experts remain hopeful and see a price recovery for the cryptocurrency market in the near future.

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Bitcoin Supply Still Not Underwater Enough For Historical Bear Bottom Zone

On-chain data shows the Bitcoin supply in loss is still around 48%, which is lesser than the values observed during past bear market bottoms. About 52% Of The Total Bitcoin Supply Is In Profit At The Moment As pointed out by an analyst in a CryptoQuant post, BTC may see further decline before a bottom […]

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Bitcoin Bearish Signal: Leverage Ratio Is Still Very High

On-chain data shows the Bitcoin leverage ratio still has a very high value, a sign that has usually proven to be bearish for the crypto in recent months. Bitcoin Exchange Leverage Ratio Has Been Going Up In Recent Weeks As pointed out by an analyst in a CryptoQuant post, the BTC all exchanges leverage ratio is still quite high, suggesting that the crypto could still see further downtrend.

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Here's Your On-Chain Checklist for Cryptocurrency Market Reversal

When these conditions are met, we will most likely see a new rally on BTC

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Rumors About Mt. Gox Effect On Bitcoin Resurface, Victims to Receive 150K BTC?

Victims from crypto exchange Mt. Gox hacked could finally see compensation for their lost Bitcoin. Almost a decade after an attack forced the platform to shut down, users began a long litigation process which could be which could bear fruit in the next coming months.

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First Mover Asia: How Inaccurate Data Misled Investors to See Massive Outflows From This Crypto Exchange; BTC Holds Steady Over $20K

KuCoin founder Johnny Lyu said those data feeds plus mislabeled, on-chain wallets propagated rumors last week that led to the token exodus; ether is flat in Wednesday trading.

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Bitcoin Taker Buy/Sell Ratio Short-Term Bull Signal Goes Off

On-chain data shows the Bitcoin taker buy/sell ratio has recently crossed above ‘1,’ a sign that the crypto could experience short-term bullish momentum. Bitcoin Taker Buy/Sell Ratio Surges Up Above A Value Of 1 As explained by an analyst in a CryptoQuant post, the current BTC taker buy/sell ratio trend may suggest the crypto might see sideways movement or a bullish reversal in the short-term.

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Bitcoin Ready For Fireworks? Long Positions See Uptick This 4th Of July

Bitcoin seems to be forming a new range around its current levels as the cryptocurrency moves between the $18,600 and $21,000 area. BTC’s price has seen some recovery during today’s trading session and might experience some volatility due to the U.

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Bitcoin will see ‘long bear market’ says trader with BTC price stuck at $19K

No sign of a significant shift up or down for BTC price, but volume data hints that the bottom could come in weeks or less.

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BTC, BNB, ADA and MATIC Price Analysis for July 1

How great are the chances to see a bullish market in July?

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Bitcoin may still see 'wild' weekend as BTC price avoids key $22K zone

Bitcoin bulls still have a battle on their hands in low-volume weekend trading, analysis warns, while altcoins preserve multi-week record gains.

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Bitcoin crash brings El Salvador’s BTC losses to over $61M

Bitcoin price fell below $20,000 on Saturday to see the USD value of El…

The post Bitcoin crash brings El Salvador’s BTC losses to over $61M appeared first on CoinJournal.

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Veteran Trader Who Correctly Predicted The 2017 BTC Price Crash Warns No New All-Time High Till 2024

Veteran trader Peter Brandt says he doesn't see Bitcoin - the leading cryptocurrency by market cap - forming a new all-time high till 2024.

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Market selling might ease, but traders are on the sidelines until BTC confirms $20K as support

BTC and altcoins could continue to see selling, but a positive is that traders took shelter in stablecoins instead of completely exiting the crypto market.

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Could institutions pulling millions see Bitcoin [BTC] at $20K next

Even though there are many cryptocurrencies recovering today, Bitcoin is continuing to stack up more losses. Interestingly, institutions seem to have identified it beforehand, making their exit as sooThe post Could institutions pulling millions see Bitcoin [BTC] at $20K next appeared first on AMBCrypto.

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Plummeting crypto markets see no reprieve as Bitcoin loses $23,000

Bitcoin (BTC) sees a 16% drop in value on Monday, taking the market leader below $23,000 for the first time since December 2020. The post Plummeting crypto markets see no reprieve as Bitcoin loses $23,000 appeared first on CryptoSlate.

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Market Wrap: Bitcoin and Stocks Drop; Analysts See Risk of Further Downside

Bitcoin (BTC) declined alongside equities and other cryptos on Friday. The higher-than-expected U.S. CPI print triggered risk-off sentiment across global markets. Technical indicators suggests risk of additional downside over the short-term.

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Bitcoin to see boom in adoption, break 10% level by 2030

Bitcoin (BTC) is at the very early stages of its adoption and data indicates that it will enter its exponential growth phase and break past 10% adoption in the year 2030, according to blockchain infrastructure and bitcoin mining company Blockware Solutions’ user adoption report.

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deVere Group’s Nigel Green Predicts ‘Significant Bounce’ in Bitcoin Price by Q4

The price of bitcoin (BTC) should see a "significant bounce" during the fourth quarter of this year, as investors move back into riskier assets, according to Nigel Green The post deVere Group’s Nigel Green Predicts ‘Significant Bounce’ in Bitcoin Price by Q4 appeared first on BeInCrypto.

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Bitcoin [BTC] holders should know this before exiting their position

With Bitcoin [BTC] rising above the $30K level at the beginning of June, HODLers may see this as a time to rejoice. However, at press time, BTC was trading below the $30K level and stood at $29,648 doThe post Bitcoin [BTC] holders should know this before exiting their position appeared first on AMBCrypto.

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Bitcoin (BTC) returns above $30,000 – Will we see a bull run this week

Bitcoin is kicking off the new week in good shape. After a lackluster month… The post Bitcoin (BTC) returns above $30,000 – Will we see a bull run this week appeared first on CoinJournal.

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Bitcoin [BTC] manages to see some green on the charts, but here's the caveat

Although Bitcoin [BTC] may have successfully put out a fire at the moment and may be catching its breath in peace, the real question here is that is the king token far enough from the site of a disastThe post Bitcoin [BTC] manages to see some green on the charts, but here's the caveat appeared first on AMBCrypto.

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BTC, ETH, ADA, BNB and TRX Price Analysis for May 29

How great is the chance to see the bounceback of the market next week?

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Bitcoin (BTC) Price Analysis for May 28

Can traders see $30,000 for one Bitcoin (BTC)?

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Bitcoin Stabilizes in Tight Range; Support at $27K, Resistance at $30K-$35K

Bitcoin (BTC) remains neutral and is stuck in a consolidation phase. The cryptocurrency could see a volatile price move once a breakout or breakdown occurs. Indicators are neutral.

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Bitcoin Bear Market: Almost Over or More Pain Ahead?

To help answer these questions, we’ve looked at the last three major pullbacks and corrections in Bitcoin to see how they compare to the current one. We analyze various technical and fundamental factors, such as how severe the corrections were, how long BTC took to recover and make a new all-time high, and the main […] Bitcoin Bear Market: Almost Over or More Pain Ahead? was originally found on Blokt - Privacy, Tech, Bitcoin, Blockchain & Cryptocurrency.

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Here's Why Bitcoin Won't Drop Below $20,000, According to CryptoQuant CEO

Bitcoin's drop below $20,000 may cause a catastrophe on the market, but with this whale's buying power, we may not see BTC dropping to it at all

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Bitcoin Holding Support Above $27K; Resistance at $35K-$40K

Bitcoin (BTC) could see a short-term relief bounce as countertrend exhaustion signals appeared on the daily chart. Still, negative long-term momentum means upside is limited from here.

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Market Wrap: Cryptos, Stocks Tumble Amid Extreme Bearish Sentiment

Bitcoin (BTC) is down by 11% over the past 24 hours while altcoins underperformed. Sentiment indicators are in "extreme fear" zone, similar to what occurred in January. Still, BTC could see further downside before a definitive low.

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‘Someone is blowing up’ — Bitcoin sees 2022 volume record amid hopes capitulation is over

Does Bitcoin have further to fall? BTC calms after stocks see a situation that has happened only twice this century.

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Binance coin: Not all that glitters is gold, BNB's rally doesn't tell the whole story 

Bitcoin [BTC], Ethereum [ETH], and BNB often see closely correlated movements and no wonder, since they are the top three non-stablecoin cryptos by market cap. Naturally, when Bitcoin and Ether noted The post Binance coin: Not all that glitters is gold, BNB's rally doesn't tell the whole story  appeared first on AMBCrypto.

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Bitcoin Could See 10% Jump, As Volatility Drops To 18-Month Low

After its third-largest weekly fall in over a year, the Bitcoin (BTC) price has finally began to rise. BTC’s price has effectively rebounded from the important support level of $37,500, despite an impending Federal Reserve rate hike.

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BTC price gains 4% pre-Fed as MicroStrategy vows to protect Bitcoin from $21K crash

Worries over capitulation see MicroStrategy give away key insights into what it would do should Bitcoin price strength deteriorate.

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‘They didn't see it coming:’ Podcaster Joe Rogan sees Bitcoin as a viable form of currency

Joe Rogan noted that Bitcoin is like the “early internet,” and the “government is freaking out” about BTC in conversation with the MMA fighter Khalil Rountree.

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BTC, ETH and XRP Price Analysis for April 29

How great are the chances to see the reversal of the top coins soon?

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Altcoins sell-off as Bitcoin price drops to its ‘macro level support’ at $38K

BTC price fell below $38,000 as tech stocks sold off and traders watched cautiously to see if Bitcoin can hold its “macro-level support” zone.

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Bitcoin Exchange Flows See Huge Drop In Address Count — Is A Mammoth Crash Coming?

Data from on-chain analytics firm CryptoQuant has revealed that the address count of BTC inflows and outflows going onto exchanges has been decreasing at a tremendous rate.

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Moonbirds NFTs Hit 20 Eth Floor Price in 2 Days, Collecting Over 66 Million in Initial Capital

While the crypto markets continue to face macro uncertainties and trend downward with BTC volumes drying up, the NFT markets are considerably stable and pulling in more liquidity. We see the top-tier collections like BAYC and Punks hold the floor price really well, whereas a few medium-tier collections like NFT Worlds and Cool Cats corrected […] The post Moonbirds NFTs Hit 20 Eth Floor Price in 2 Days, Collecting Over 66 Million in Initial Capital appeared first on ItsBlockchain.

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Market Wrap: Bitcoin Bounces Around $40K as Stocks Waver; Crypto Security Concerns Intensify

Bitcoin (BTC) and other cryptos edged higher along with stocks on Monday. Although, volume remains relatively light and some analysts see limited upside for BTC. Plus, recent hacks and money laundering could trouble policymakers.

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What BTC ETFs second-highest weekly outflows of 2022 hint at

Bitcoin has the highest demand out of all the crypto assets in the world. However, this week, it was surprising to see that the king coin was first in line to bear the brunt of investors’ panic exitThe post What BTC ETFs second-highest weekly outflows of 2022 hint at appeared first on AMBCrypto.

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