Where is the crypto market bottom? Avorak suggests August

2023-6-19 17:00

With the bears firmly in control, there have been many predictions as to when the crypto market will hit bottom. According to a recent analysis by Avorak, this could happen around August. What is a bear market bottom? A bear market bottom refers to the lowest level at which prices stabilize after a prolonged period […]

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“We’re In A Capitulation Phase,” Says Ark Invest’s Cathie Wood; High Conviction In $500k Bitcoin Target

While she believes it is a “really great time to buy,” she doesn't know if the bottom is in because “You never know how low is low when a market gets very emotional.” The post “We’re In A Capitulation Phase,” Says Ark Invest’s Cathie Wood; High Conviction In 0k Bitcoin Target first appeared on BitcoinExchangeGuide.

2021-5-20 20:40


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This Pattern Suggests Bitcoin Could Plummet to $12,000 Before Uptrend Continues

Bitcoin and the entire crypto market are showing some signs of strength on this relatively quiet morning for the markets Following a brief bout of trading below $17,000, the benchmark cryptocurrency has firmly reclaimed this price region It is now attempting to push higher as bears lose steam, which could be a sign that its recent $16,400 lows are a long-term bottom Where the market trends in the mid-term will depend entirely on Bitcoin and […]

2020-11-29 20:00


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Data Shows This Single Trump Tweet Marked the Local Bitcoin Bottom

Bitcoin’s price has lacked directionality throughout the past several days and weeks, with both buyers and sellers reaching an impasse This has come about as it continues trading squarely in the middle of its long-held trading range between $10,200 and $11,200 Despite being closely correlated to the stock market, yesterday’s intense equities rebound was not enough to pull Bitcoin higher The cryptocurrency still remains below multiple key levels One analytics firm still believes that the […]

2020-10-8 21:00


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Bitcoin Analyst Who Called $3,200 Bottom in 2018 Thinks This Trajectory Is Next

The past few days have undoubtedly been bullish for Bitcoin, with the cryptocurrency ripping over 20% higher from the mid-$7,000s to a price as high as $9,500 over the course of 48 hours. Since hitting $9,500 though, BTC has stalled, entering a consolidation around $8,800 as the market becomes indecisive, stuck between support around $8,500 and resistance at the ever-important level of $9,000.

2020-5-3 10:03


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