Legendary Trader Behind Big Bitcoin Short Has New Warning for Bulls

2024-8-21 09:17

Proprietary global macro trader Mark Dow has a new warning for Bitcoin bulls

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warning bulls → Результатов: 36


Why This Data Metric Indicates Bitcoin Traders Should “Proceed with Caution”

Bitcoin is now consolidating within the lower-$15,000 region following an intense selloff overnight During this time, bears attempted to invalidate the cryptocurrency’s market structure and push it below the lower-$15,000 region, but bulls have held strong Because this decline has been slow and mostly absorbed by buyers, there’s a strong possibility that it will be followed by further upside One indicator is flashing some warning signs to investors, with the average returns seen by traders […]

2020-11-8 01:00


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Traders Flip Short on Chainlink as It Flashes Some Major Warning Signs

Chainlink has been caught within a prolonged consolidation phase throughout the past few weeks, with the cryptocurrency largely trading between $12.00 and $12.70. This consolidation has done little to offer insights into its near-term outlook, as its bulls are still reeling from the damage done to its market structure following the $20.00 rejection. Analysts are […]

2020-9-13 04:00


One Crucial Factor Suggests Bitcoin‘s Intense Uptrend is About to Slow Down

Bitcoin and the entire crypto market are currently consolidating following the immense volatility seen throughout the past couple of days BTC bulls are currently attempting to establish $11,000 as a support level, although they appear to be struggling as the crypto hovers beneath this level The benchmark cryptocurrency also is flashing a few warning signs, including incredibly high funding rates across major trading platforms This has led one analyst to note that BTC needs some […]

2020-7-29 02:00


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Bitcoin’s Implied Volatility Craters after Bears Fire “Warning Shot”

Bitcoin’s implied volatility has cratered in recent times, plummeting back to its pre-crash levels This comes as the cryptocurrency continues extending its intense uptrend as bulls attempt to propel BTC back up towards the $8,000 region Bears have firmly established the upper-$7,000 region as a strong resistance region, and analysts don’t expect it to be surmounted anytime soon Bitcoin has continued extending its recent uptrend despite facing multiple strong rejections at $7,800 yesterday. One trend […]

2020-4-28 02:00


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Bitcoin on Brink of Serious Downside as Risk of Losing Support Grows

Bitcoin is at risk of seeing further downside as it tests a key descending trendline Some top traders are warning of BTC posting major losses in the coming days and weeks In the time following the tempered signs of weakness Bitcoin showed yesterday when it dipped below its key support at $7,200, the benchmark cryptocurrency has further extended this downtrend as bulls now defending against a dip below $7,000. This weakness has led BTC down […]

2020-4-21 21:00


Ethereum Technical Indicator Flashes Warning Signal But Active Addresses Jump Nearly 27%

There is an onslaught of bulls on Ethereum price which is up 114% in 2020 so far while trading at $281, a level last seen in early July last year. However, according to Bloomberg’s GTI Global Strength Indicator that measures upwards and downward moves of closing prices, the coin has been at its “most overbought” […]

2020-2-16 20:15