Why Bitcoin could still drop to $8,500 despite the bullish trend

2019-8-27 22:35

The Bitcoin markets experienced extreme levels of fear, with the Crypto Fear and Greed Index reaching a historic all-time low. As BTC hovers around $10,000 traders claim it should be taken as a buying opportunity.

Meanwhile, a handful of respected traders first believe a dip to $8,500 is more likely. The bear-case for Bitcoin’s future […]

The post Why Bitcoin could still drop to $8,500 despite the bullish trend appeared first on CryptoSlate.

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bitcoin 500 traders fear bullish still could

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Источник: cryptoslate.com

bitcoin 500 → Результатов: 126

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bitcoin 500 mstr index asset stability michael

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Standard Chartered Predicts Bitcoin Likely to Break $88,500 This Weekend

Standard Chartered predicts Bitcoin could break $88,500 this weekend, driven by strong tech stock performance and the upcoming U. S. jobs report, signaling Bitcoin's growing role in traditional finance.

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bitcoin 500 weekend standard break predicts chartered

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S&P 500 Enters Correction Territory, What Does This Mean For Bitcoin?

Historical analysis on S&P 500 and bitcoin corrections.

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bitcoin 500 historical analysis corrections mean correction

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Bitcoin (BTC) Decouples From S&P 500: Details

Leading cryptocurrency Bitcoin (BTC) breaks free from S&P 500, but what does this mean for investors?

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Bitcoin Price $95K Plateau: What’s Next for Crypto?

Bitcoin prices consolidate near the $95,000 level. BTC must clear the $96,500 resistance zone to attempt a fresh increase in the near term. Bitcoin is holding gains above the $93,500 zone. The price is trading below $96,500 and the 100 hourly Simple moving average.

2024-12-4 05:36	xbtusd
bitcoin 500 near price zone holding increase

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BlackRock’s Bitcoin ETF (IBIT) Now Holds Over 500,000 BTC

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2024-12-4 17:30
bitcoin 500 btc blackrock etf holds ibit

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Bitcoin’s weekend slide triggers $500M liquidations, XRP and DOGE lead the plunge

Bitcoin (BTC) experienced a sharp price decline, falling from last week’s high of $98,500 to a low of $95,500 during late US trading hours on Sunday. The 3. 5% drop marked a technical pullback driven by profit-taking as the token approached the significant $100,000 milestone.

2024-11-25 10:15	XRP
bitcoin 500 sunday drop marked technical hours

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Bitcoin Hits $64,500 to Begin the Week With a Bang

Bitcoin surged past $64,500 early Monday driven by renewed optimism around potential Chinese economic stimulus and increasing demand for Bitcoin.

2024-10-14 11:05	Bitcoin
bitcoin 500 potential around optimism renewed chinese

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Bitcoin rises 3% as S&P 500’s hits all-time high

Bitcoin increased by 3% reaching $62,400 as the S&P 500 hit a record high of 5819, reflecting strong market optimism. The post Bitcoin rises 3% as S&P 500’s hits all-time high appeared first on Crypto Briefing.

2024-10-12 20:41	Bitcoin
bitcoin 500 high rises all-time hits market

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Bitcoin Data Suggests Strong Upside Potential As BTC Delivers $264M In Average Net Profit

Bitcoin is now trading at a crucial level following a 5% dip from its recent local highs of around $66,500. The entire crypto market is experiencing volatility, yet investors remain optimistic about the months ahead.

2024-10-2 07:00	BTCUSDT
bitcoin 500 around recent local highs entire

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Metaplanet Buys Another 107 Bitcoin, Pushing Stock-BTC Ratio to 20%

The firm now holds over 500 bitcoin after a first tranche of purchases in April.

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bitcoin 500 holds april purchases tranche firm

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Bitcoin Price Turns Red: Risk of More Losses as $55K Test Looms

Bitcoin price failed to start a recovery wave above the $61,500 resistance zone. BTC started another decline and might dive toward $55,000. Bitcoin started a fresh decline and traded below the $58,500 zone.

2024-7-5 05:47	xbtusd
bitcoin 500 zone decline started price might

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Bitcoin Price Resurgence: Ready for Another Upswing?

Bitcoin price stayed above the $68,500 support zone. BTC is now consolidating and might aim for a fresh increase above the $70,150 resistance. Bitcoin found support near $68,500 and started a decent recovery wave.

2024-6-10 07:17	xbtusd
bitcoin 500 support above price 150 wave

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Bitcoin Price Stuck In Key Range, What Could Spark Major Move?

Bitcoin price managed to stay above the $60,000 support. BTC recovered and is now facing hurdles near the $63,500 resistance zone. Bitcoin seems to be trading in a range between $60,000 and $63,500.

2024-5-14 07:51	xbtusd
bitcoin 500 price range stuck major near

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Bitcoin Price Dips Again, Is This A Fresh Bearish Signal?

Bitcoin price failed to clear the $65,500 resistance. BTC is now moving lower and there are a few bearish signs emerging below the $63,500 level. Bitcoin started a fresh downside correction and traded below $63,500.

2024-5-8 06:24	xbtusd
bitcoin 500 below bearish fresh price signs

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Bitcoin Price Extends Increase, Why Dips Turned Attractive In Short-Term

Bitcoin price extended its increase and climbed above the $66,000 resistance zone. BTC is now showing positive signs and might find bids near $65,500. Bitcoin gained pace for a move above the $65,500 resistance zone.

2024-4-23 06:07	xbtusd
bitcoin 500 above resistance price zone increase

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Bitcoin Price Gearing For Another Lift-Off to $72.5K: Dips Turn Attractive

Bitcoin price found support near $67,500. BTC started a fresh increase and might soon revisit the $72,500 resistance zone in the near term. Bitcoin retested the $67,500 support zone before it started a fresh increase.

2024-4-11 05:59	xbtusd
bitcoin 500 support zone near increase fresh

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1,500 Bitcoin Millionaires Per Day After All-Time Highs

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bitcoin 500 highs all-time millionaires per day

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Analysts’ Predictions Peg Bitcoin’s (BTC) Price at $500,000 in 2025

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bitcoin 500 2025 price analysts btc peg

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Bitcoin Price Sprint to $40,000 – Can It Happen Soon Before EOY?

Bitcoin price is consolidating above the $37,500 support zone. BTC could attempt a strong increase if there is a clear move above the $38,400 resistance. Bitcoin is still struggling to clear the $38,500 resistance zone.

2023-12-1 05:31	xbtusd
bitcoin 500 clear resistance price zone above

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Bitcoin Price Consolidates – Why 100 SMA Could Spark Fresh Increase

Bitcoin price failed again to clear the $38,500 resistance zone. BTC is consolidating above the 100 hourly SMA and might attempt another increase. Bitcoin is still facing heavy resistance near the $38,500 zone.

2023-11-30 05:46	xbtusd
bitcoin 500 resistance zone increase 100 sma

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Bitcoin Price Avoids Collapse But Can Bulls Clear This Major Hurdle?

Bitcoin price trimmed losses and climbed above $37,750. BTC gained pace but it is still struggling to clear the $38,500 resistance zone. Bitcoin is again facing heavy resistance near the $38,500 zone.

2023-11-29 06:12	xbtusd
bitcoin 500 zone clear resistance price still

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Bitcoin skyrockets beyond $30,000 amid massive short liquidations

Quick Take On Friday, Oct. 20, Bitcoin breached the $30,000 mark first time since August, edging within touching distance of its Year-to-Date (YTD) high in July at roughly $31,500. The resilience of the cryptocurrency was especially noteworthy, given the backdrop of prevailing geopolitical uncertainty, indicating a mystifying market behavior.

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bitcoin 500 resilience roughly ytd high cryptocurrency

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Analysts Say the S&P 500 Is Oversold While Bitcoin Targets $22,000

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2023-9-20 23:41	Bitcoin News
bitcoin 500 trajectories shifts potential underlining 038

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Bitcoin Price Sees Technical Correction, Here’s What Could Propel It Back To $28K

Bitcoin price climbed higher and tested the $27,500 resistance. BTC is correcting gains, but it could start another increase unless there is a move below $26,500. Bitcoin is holding gains above the $26,500 support level.

2023-9-19 06:13	xbtusd
bitcoin 500 could price gains start correcting

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Bitcoin Price Could See Downside Thrust Before The Bulls Take A Stand

Bitcoin price is struggling to recover above $26,200. BTC is again moving lower and there could be a sharp decline below $25,500 in the near term. Bitcoin failed to recover above the $26,200 and $26,500 levels.

2023-9-5 06:37	xbtusd
bitcoin 500 recover above 200 price could

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Bitcoin Price Still Vulnerable Unless It Surges Past $26,500

Bitcoin price is attempting an upside break above the $26,200 resistance. BTC must clear $26,200 and $26,500 to start a decent recovery wave. Bitcoin is still struggling to clear the $26,500 resistance zone.

2023-8-29 06:20	xbtusd
bitcoin 500 clear price 200 resistance still

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Bitcoin Price Relatively Muted, What Are Chances of Recovery?

Bitcoin price is stuck in a tiny range above the $25,900 support. BTC could start a decent increase if there is a close above $26,200 and then $26,500. Bitcoin is struggling to clear the $26,500 resistance zone.

2023-8-28 06:34	xbtusd
bitcoin 500 above price close decent increase

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Bitcoin Price Could Range Trade Before The Next Big Move

Bitcoin price is consolidating above the $25,500 level. BTC could start a decent increase if there is a close above the $27,000 resistance. Bitcoin is struggling to clear the $26,500 resistance zone.

2023-8-25 06:14	xbtusd
bitcoin 500 above resistance price could close

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Bitcoin Price Could Restart Increase As The Bears Lose Steam

Bitcoin price is consolidating above $29,500. BTC could start a decent increase if it clears the $30,200 resistance zone in the near term. Bitcoin is struggling to gain bullish momentum from the $29,500 level.

2023-7-20 06:33	xbtusd
bitcoin 500 could price increase near term

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Bitcoin Bulls Keeps Pushing, Why Fresh Increase To $31K Seems Likely

Bitcoin price is attempting a fresh increase from $29,500. BTC could gain bullish momentum if it clears the $30,200 resistance zone in the near term. Bitcoin is slowly moving higher from the $29,500 level.

2023-7-19 06:20	xbtusd
bitcoin 500 increase fresh 200 clears zone

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Bitcoin’s correlation with S&P 500 falls to a 2-year low

Bitcoin's correlation with S&P 500 fell to 0.09, the lowest level in two years, a Coin Metric report reveals

2023-7-7 18:41	solana
bitcoin 500 correlation two years report reveals

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Bitcoin Price Faces Confluence of Bearish Factors And Could Decline Heavily

Bitcoin price is consolidating above the $26,500 support. BTC could decline heavily if there is a clear move below the $26,500 support. Bitcoin is still struggling to stay above the $26,500 support zone.

2023-6-2 05:35	xbtusd
bitcoin 500 support heavily above decline price

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Bitcoin Price Just Saw Key Technical Correction But 100 SMA Is Still Strong

Bitcoin price is correcting gains and trading below $27,500. BTC must stay above the 100 hourly SMA to start a fresh increase in the near term. Bitcoin struggled to climb above $27,500 and started a downside correction.

2023-5-16 05:23	xbtusd
bitcoin 500 above sma correction 100 price

297 +

Bitcoin and S&P 500 Correlation Turns Negative for the First Time Since FTX Collapse

In recent days, the largest traditional stock market index, the S&P 500 (SPX), has stopped correlating positively with Bitcoin (BTC). The post Bitcoin and S&P 500 Correlation Turns Negative for the First Time Since FTX Collapse appeared first on BeInCrypto.

2023-2-24 20:13	bitcoin analysis
bitcoin 500 038 time collapse ftx correlation

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Bitcoin Price At Risk of Downside Thrust Before A Fresh Increase

Bitcoin price is correcting lower below the $24,500 level. BTC could decline towards the $23,500 support before it starts a fresh increase in the near term. Bitcoin is slowly moving lower below $24,500 and $24,000.

2023-2-20 06:33	xbtusd
bitcoin 500 below price increase lower fresh

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Bitcoin Price Could Top In Short Term, Why Dips Might Be Attractive

Bitcoin price is still struggling to clear the $21,500 resistance zone. BTC could correct further lower if there is a clear move below the $20,500 support zone. Bitcoin struggled to clear the $21,500 resistance zone and corrected lower.

2023-1-19 06:31	xbtusd
bitcoin 500 zone clear resistance price lower

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A trove of mixed feelings trailed the crypto community as one of its foremost Bitcoin evangelists, Michael Saylor, announced an additional purchase of 2,500 BTCs. In a tweet yesterday afternoon, Saylor disclosed that his company had gone Bitcoin shopping over the last seven weeks at a price of approximately $16,500 per BTC, bringing the company’s […]

2022-12-30 22:31	xbtusd
bitcoin 500 company btc saylor crypto community

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Bitcoin Price Recovery Remains Capped, Why 100 SMA Is The Key

Bitcoin price started an upside correction from $15,500. BTC is now facing a strong resistance near the $16,300 zone and the 100 hourly SMA. Bitcoin found support near $15,500 and started an upside correction.

2022-11-23 05:22	xbtusd
bitcoin 500 started upside correction sma price

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TA: Bitcoin Price Surges 6%, Why Recent Breakout Looks Real

Bitcoin price found support above $22,500 and surged over 6% against the US Dollar. BTC broke many hurdles and might rise further towards the $25,000 resistance. Bitcoin started a fresh increase after it found strong bids above $22,500.

2022-8-11 06:08	xbtusd
bitcoin 500 found above price towards further

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TA: Bitcoin Trims Gains, Why 100 SMA Could Trigger Fresh Increase

Bitcoin struggled above the $21,500 resistance zone against the US Dollar. BTC is trimming gains and might find support near the 100 hourly SMA. Bitcoin climbed above the $21,500 level before it faced sellers.

2022-6-22 06:08	xbtusd
bitcoin 500 above sma 100 gains trimming

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Bitcoin faces ‘uphill battle’ despite BTC price gaining 35% from $23.8K bottom

A giant sell well appears at $33,500 as Bitcoin’s rise — which succeeded in surprising some — comes under close scrutiny.

2022-6-1 13:13	btc price
bitcoin 500 well giant sell rise appears

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Bitcoin Continues To Slide As Macroeconomic And Geopolitical Anxiety Persist

Bitcoin sank to an intraday low of $39,714. 69 on Friday, following a late surge above Wednesday’s critical resistance level of $41,500. BTC was down as traders braced themselves for the lengthy Easter weekend.

2022-4-15 08:07	Cryptocurrency
bitcoin 500 wednesday level resistance btc critical

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TA: Bitcoin Attempts Fresh Increase, Why Upsides Remain Capped

Bitcoin attempted a fresh increase above $39,500 against the US Dollar. BTC is still facing a strong resistance near $39,800 and $40,000. Bitcoin spiked above $39,500, but it failed to clear the $40,000 resistance zone.

2022-3-15 06:08	xbtusd
bitcoin 500 resistance above increase fresh near

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TA: Bitcoin Recovery Halts, Technicals Suggest Fresh Decline To $36K

Bitcoin is struggling to recover above the $38,400 resistance zone against the US Dollar. BTC could resume decline if it stays below the $38,500 level. Bitcoin is currently facing resistance near the $38,400 and $38,500 levels.

2022-2-23 06:08	xbtusd
bitcoin 500 resistance decline stays below resume

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TA: Bitcoin Turns Lower, Why BTC Could Extend Losses Below $42.5K

Bitcoin failed again to clear the $45,500 resistance zone against the US Dollar. BTC is declining and remains at a risk of more losses below $42,500. Bitcoin attempted another upside break above $45,500 but failed.

2022-2-11 06:08	xbtusd
bitcoin 500 below losses failed btc risk

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Bitcoin Shows Bearish Signs, Risk of Breakdown Below $56K

Bitcoin failed again to clear the $58,500 resistance against the US Dollar. BTC is declining and it might accelerate lower below the $56,000 support in the near term. Bitcoin is struggling to move above the $58,000 and $58,500 levels.

2021-12-2 06:08	xbtusd
bitcoin 500 below above accelerate might levels

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Bitcoin Consolidates Losses, Why Recovery Could Fade Near $62.5K

Bitcoin price started an upside correction above $60,000 against the US Dollar. BTC could recover further, but the bears might remain active near $62,500. Bitcoin is still trading well below the $62,000 and $62,500 resistance levels.

2021-11-18 06:08	xbtusd
bitcoin 500 near could remain active further

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Bitcoin Blasts Past $68,500, Hitting New Record High

The price of Bitcoin has surpassed the $68,500 level for the first time

2021-11-9 07:32
bitcoin 500 surpassed time level high past

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