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Bitcoin Chicken Game: Why Losing This Level Could Send BTC Back To $20,000

The price of Bitcoin has stalled again around its current levels as an explosion in downside volatility broke critical support. The cryptocurrency is trapped between major players waiting and positioning for the next move; which side will prevail in this battle? Related Reading: Bitcoin On-Chain Data Suggests Price Is Top Heavy, What It Means As of this writing, Bitcoin trades at $26,000 with sideways movement in the last 24 hours. дальше »

2023-8-23 04:00


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Bitcoin Crashes Below 8-Month Support Line, More Pain Incoming?

For the first time since early January, Bitcoin is changing hands below a critical support band and the 20-week moving average, evident in the weekly chart. An analyst on X, formerly Twitter, pointed out this formation and has since raised questions about the coin’s prospects in the days and weeks ahead. Bitcoin is trading at […] дальше »

2023-8-22 05:00


The Great Bitcoin Reversal? Prominent Bull Throws In The Towel As $28,000 Barrier Falls

Since mid-July, Bitcoin (BTC), the flagship cryptocurrency, has encountered significant challenges in its price action following a remarkable climb to a new yearly high. However, in a matter of days, the market momentum shifted, leading to an uphill battle for bulls as they fought to defend critical support levels and prevent further declines.  Nevertheless, their […] дальше »

2023-8-18 03:00