Data Suggest Bitcoin May Be Entering A New Bear Phase, Warns CryptoQuant

As Bitcoin (BTC) continues to trade below the pivotal $90,000 mark with no signs of recovery, the prospect of a bear market is becoming increasingly relevant. Analyst Woominkyu from CryptoQuant has shared insights suggesting that the current market dynamics indicate a transition rather than just a temporary pullback. Could Bitcoin Be Shifting Into A Bear […]

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“This Too Shall Pass”: Crypto Veteran Urges Calm in Bitcoin Bear Market

John Deaton has recalled a couple of times that he was caught in the middle of the Bitcoin bear market, citing that the current situation will pass. The post “This Too Shall Pass”: Crypto Veteran Urges Calm in Bitcoin Bear Market appeared first on Coinspeaker.

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Bitcoin bear market OR bear trap? Here’s what your ‘quants’ are saying

Bitcoin’s sustained price above $100,000 was supposed to signal its arrival as a mature institutional asset. Instead, its sudden reversal below that threshold has unsettled traders and revived fears of another crypto winter.

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Bitcoin’s road to $75K - Is crypto's latest dip a bear trap in the making?

Bitcoin lost its key support level and yet, retail futures positioning remains stubbornly bullish A classic double-edged sword scenario where market direction hinges on spot demand stepping in The post Bitcoin’s road to $75K - Is crypto's latest dip a bear trap in the making? appeared first on AMBCrypto.

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Bitcoin miners still bullish despite toughest bear market yet — Hut8, Foundry, Braiins

Bitcoin mining firms have been forced to sell newly minted Bitcoin to cover operational costs during one of the toughest bear markets for miners on record.

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DigiToads features helped litecoin, XRP, and bitcoin cash survive multiple bear runs

This article looks at how DigiToads' key features made litecoin, ripple, and bitcoin cash firm in the last bear run

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Will BTC ditch the bear market? 5 things to know in Bitcoin this week

Bitcoin price is gearing up for a key monthly close that could see it dump its 2022 bear market for good.

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Bitcoin in Unprecedented Bear Market: Is This When It Will End?

The Bitcoin (BTC) price has been trending down for a period of 364 days from its all-time high. Despite this, it's unknown whether or not a bottom has been reached. The post Bitcoin in Unprecedented Bear Market: Is This When It Will End? appeared first on BeInCrypto.

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Bitcoin's emission rate might surprise HODLers in this bear season

The bear market has been in effect for some time, and it may have resulted in Bitcoin reducing its emissions. The reports from the Cambridge Centre for Alternative Finance showed a decline in Bitcoin The post Bitcoin's emission rate might surprise HODLers in this bear season appeared first on AMBCrypto.

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62% Of Addresses Keep Their Bitcoin Holdings For Over A Year In Bear

The year 2022 has proved to be unfavorable for the crypto market. The industry has been facing a long lasted bear trend, with the flagship coin, Bitcoin, nearly down 70% then its ATH of November 2021.

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Bitcoin Will Exit Extreme Bear Market Once This Indicator Flashes

Bitcoin is still moving in bear market despite positivity we saw previously

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Wall Street Expects Bitcoin to Drop to $10,000

Bitcoin is likely to remain trapped in a vicious bear market cycle, according to a recent survey

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Bitcoin Miner Marathon Digital HODLs Through the Bear Market

Bitcoin mining giant Marathon Digital has shown extremely strong hands through this bear market having yet to sell any Bitcoin (BTC) since Oct 2020. The post Bitcoin Miner Marathon Digital HODLs Through the Bear Market appeared first on BeInCrypto.

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Not All Bitcoin Bear Markets Are The Same

While this isn’t bitcoin’s first bear market, it is the most opportunity-ripe “winter” yet experienced by the industry.

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Bitcoin Signals This Familiar Trend Typical of Bear Markets: Details

Bitcoin displays this well-known bear market tendency

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An analysis of past two Bitcoin bear runs suggests this for the future

Any bear run concerning a digital asset like Bitcoin is a scary phase. There remains an uncertainty of a price recovery or even possibilities of a further decline. Bitcoin was down as much as 40% fromThe post An analysis of past two Bitcoin bear runs suggests this for the future appeared first on AMBCrypto.

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Think $60K is the top? This Bitcoin fractal suggests it’s the next bear market bottom

The cyclical nature of Bitcoin bull and bear markets means that $60,000 is mathematically more likely to be a floor, not a ceiling, in the future.

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Expert: Bitcoin Is Gonna Crash Below $15,000

Bitcoin Bear After losing more than half of its value since hitting record highs this spring, Bitcoin is in for yet another rude awakening, according to Guggenheim’s chief investment officer (CIO) and noted Bitcoin bear Scott Minerd.

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Bitcoin taps support at $33k, hints at a near-term upside breakout

Bitcoin has been recording losses for the past few days. The big bull shredded about $13,000 of its price, a bear pattern that was last seen in October of last year. Indicators are now hinting that the bear market is taking control and that the dips are expected to become even more intense. But this […]

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BREAKING: Bitcoin Hits $40,000 Again After Short-Lasting Correction

Bitcoin has ended its shortest bear market by recovering to $40,000

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“I Might Be Missing Something,” Says Billionaire Bitcoin Bear Ray Dalio

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Bitcoin’s hash rate rallies as coin continues to wrestle with the bear

The FOMO for Bitcoin caused the price to rally from ~$4,000 to ~$13,000, rising by ~$9,000 in a matter of 90 days. This caused everyone to believe that the bear market had finally ended. However, over the course of 2 years, the hash rate of Bitcoin has also increased massively.

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What Buying Signals Should Investors See as a Sign of Bitcoin Recovering After a Year-Plus Long Bear Market?

Bitcoin (BTC) is currently trying to leave the bear market in which it has been traded during the last year. Since December 2017, Bitcoin is being traded in a downtrend. Nonetheless, there are some experts that believe that the bearish period could be ending.

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Surviving Crypto Bear Market Attacks: Jimmy Song’s Bitcoin Finance Tips

The now infamous drunken BitcoinTalk post titled “I AM HODLING” (circa 2013) speaks to a greater truth: hold on to your Bitcoin. Do Not Let It Go 2013 saw Bitcoin’s value halved, after its first bubble, beginning a long trend bear market.

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3 Charts Suggesting Bitcoin Price May Be Bottoming

In February 2019, Bitcoin transaction metrics are giving stronger hints than ever that the cryptocurrency is close to the bottom of its latest bear cycle. Bitcoin’s Familiar Moves Data from Blockchain, tracking the number of unspent transaction outputs (UTXOs), confirmed transactions by day and exchange volumes in USD for Bitcoin, reveals lows not seen since 2017.

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Bitcoin’s Bear Markets: A Guide to Bitcoin’s Crashes and Comebacks

Bitcoin’s bear market. You’ve likely been hearing this phrase for most of 2018. Perhaps you aren’t exactly clear on what a bear market is. Maybe you’re not sure how to… The post Bitcoin’s Bear Markets: A Guide to Bitcoin’s Crashes and Comebacks appeared first on CoinCentral.

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Bitcoin Price Increase Turns Long-Term Bear Bullish

Staunch Bitcoin bear Boris Schlossberg, Managing Director of FX strategy at BK Asset Management, has expressed positive sentiment on key matters surrounding the world’s largest cryptocurrency’s recent rally.

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A tight-pitched bear says this latest surgeon should have legs

Bitcoin is showing signs of life after fluctuating between plunging, sliding and going nowhere fast for months on end. After breaking above $7,000 per coin on Tuesday to its highest level since early June, foreign exchange strategist and longtime bitcoin bear Boris Schlossberg of BK Asset Management said this week’s move could point to further

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How To Turn A Bitcoin Bear Into A Bitcoin Bull

There are two ways to do this, firstly, you can take the bear, strap some horns to its head and stick a ring through its nose. Although, have you ever tried to strap horns to a bears head? I don’t imagine it’s easy.

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CNBC’s Brian Kelly: Current Bear Trend ‘By No Means’ Funeral for Bitcoin

Bitcoin analyst Brian Kelly points out three major reasons why the current bear market is not a reason to hold a funeral for the cryptocurrency

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Litecoin Founder Remains Optimistic Despite Recent Bithumb Hack

Charlie Lee, the developer behind the world’s sixth-largest cryptocurrency, Litecoin, believes the price of Bitcoin and other cryptocurrencies will recover “fairly soon”. Lee shared his thoughts on the current bear market, what developments in the industry excite him the most, and the recent hack on Bithumb, the South Korean crypto exchange. The hack does not […]

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After Key Support Breached Bitcoin Eyes Bear Revival

As discussed yesterday, the cryptocurrency’s persistent failure to scale the $6,800 mark in a convincing manner had raised the prospects of another leg down in bitcoin prices. Bitcoin breached the key support of $6,620 a couple of hours ago – signaling that the relief rally from the June 13 low of $6,108 has ended at $6,850

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Bitcoin Eyes Bear Revival After Key Support Breached

Bitcoin's bears have seized the upper hand and forced a rising wedge breakdown, the technical charts indicate.

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Heavy Downward Momentum Set To Project Markets Through The Weekend, Bitcoin, Ripple And Litecoin Fall

After a slightly positive day yesterday, the markets have reset themselves on a steep negative trajectory once more. Of course, we didn’t see yesterdays progress as a sign of recovery, however we did assume that this positive momentum may have lasted a little longer than just a morning.

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Bitcon Price Analysis: Unstable support accepts the massive bear flag set up

As stated in our previous discussion of the bitcoin market, the $6,425 support level was a very important level to hold. A failure to maintain support at that price level would undoubtedly cascade the market into a test of deeper support values.

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Bitcoin Price Analysis: Shaky Support Gives Way to Massive Bear Flag Set-up

A sideways market has many bitcoin investors wondering if the downward volatility has finally subsided. As stated in our previous discussion of the bitcoin market, the $6,425 support level was a very important level to hold.

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Why Crypto Miners Are Making Iceland their Top Choice For Mining

As Bitcoin and other cryptocurrencies gain traction with public awareness and societal usage, the incentive to mine coins gets larger and larger. Even with bitcoin in a bear market mining continues to grow in popularity.

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People are “irrationally pessimistic” in bear markets, says Brian Armstrong

Brian Armstrong, the CEO, and co-founder of Coinbase, recently spoke about the price of Bitcoin [BTC] and the market in general. He also spoke about the patterns observed in the market over the 2013, 2014, and 2017 bubbles.

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Up In a Down Market? 2 Projects That Could Help You Fend Off the Bear

2018, once expected to be a bullish year, has turned into a slow burn of agony for most. Especially if one gained interest in and started accumulating in January of this year. Our hearts go out to the investors who hopefully stick around to see future run-ups in the years to come.

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Does Bitcoins Price Drop Make It More Likely To Hit $20,000?

Bear with us, but could the current low price for Bitcoin mean that Bitcoin is inadvertently more likely to hit $20,000. 00? Put it this way, with the price of Bitcoin sinking to new lows, it is becoming cheaper and cheaper to buy a slice of Bitcoin action.

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Bitcoin is once more facing a drop to (or below) $6,000, with both short- and long-duration charts being aligned in favor of the bears.

Bitcoin (BTC) is once more facing a drop to (or below) $6,000, with both short- and long-duration charts being aligned in favor of the bears. Further, while a fall to $6,000 following a bear flag breakdown on Friday seemed likely, losses were unexpectedly cut short at $6,300, signaling bearish exhaustion. Yet, the leading cryptocurrency did

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Slow Bitcoin Recovery Elevates Risk of $6K Decline

Bitcoin (BTC) is once more facing a drop to (or below) $6,000, with both short- and long-duration charts being aligned in favor of the bears. Further, while a fall to $6,000 following a bear flag breakdown on Friday seemed likely, losses were unexpectedly cut short at $6,300, signaling bearish exhaustion. Yet, the leading cryptocurrency did

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Bitcoin Price Analysis: Weak Rally Gives Bitcoin Second Chance at Support Test

Within minutes of rumors spreading regarding the SEC’s classification of both bitcoin and ether, the entire crypto market breathed a sigh of relief as everyone enjoyed a nice bounce.

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Mining Hardware Supply Chain Seeks Alternative Revenue Streams Amid Declining Demand

With demand for cryptocurrency mining hardware having sharply declined following the onslaught of 2018’s bear market, reports are indicating the companies operating in the supply chain behind mining hardware are increasingly seeking alternative revenue streams to offset falling demand from the mining industry.

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Bitcoin Cash (BCH) Technical Analysis (June 15, 2018)

The tide is rising and Bitcoin Cash is riding with it. In the last 24 hours, Bitcoin Cash is up nine percent meaning technical formation hints of support at $850, a previous support and bear targets from our past BCH price forecast.

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Things I Did... Bitcoin Braces for Bear Market With Feel-Good Tweets

Crypto Twitter isn't letting the prospect of a downturn in prices get them down, rather they've turned a bitter price run into a digital kumbaya.

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Billionaire Bitcoin bull Tim Draper is Still buying more during bear run

Tim Draper is a billionaire investor.  He was an early investor in Hotmail, Skype, and Tesla and is credited with inventing viral marketing.  Tim Draper also buys the dips. A lot of attention was brought to the world of cryptocurrency when Draper purchased thousands of Bitcoins that were seized from the infamous dark web marketplace […] The post Billionaire Bitcoin bull Tim Draper is Still buying more during bear run appeared first on ZyCrypto.

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Altcoins Get Clobbered, Taking the Brunt of the Bitcoin Bear Market

Following the hack of a largely unheard-of cryptocurrency exchange in South Korea and a probe by US government investigators into Bitcoin price manipulation, the cryptocurrency market has once again broken to the downside — and things aren’t looking pretty.

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Is it a Bear Market or Just Back to Reality for Bitcoin

Bitcoin has slipped below $7,000 to hover in the mid-six thousand range again this week with growing speculation that it may fall below six as investors get panicky and sell. Maybe the question to ask is, is this the start of a new bear market or just a return to normalcy? Maybe it’s Not a Bear.

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