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The 200MA Reveals: Bitcoin Was in This Undervalued Territory Only 3% of Its Existence

The cryptocurrency market has decreased tremendously over the past few weeks and the bulls have so far been unable to recover convincingly. Fortunately, Bitcoin’s price managed to reclaim the critical…

Continue ReadingThe 200MA Reveals: Bitcoin Was in This Undervalued Territory Only 3% of Its Existence

BTC Struggles Around $21K as Market Sentiment Remains Indecisive (Bitcoin Price Analysis)

Bitcoin’s price is currently consolidating above the $20K level. The $17K-$20K range is likely to provide significant support, as it is the 2017 all-time high range, and it could initiate…

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BTC Fights With $21K But is Another Drop Coming? (Bitcoin Price Analysis)

Bitcoin’s downtrend has dwelled after a steep shakeout to $17K, which is below 2017’s all-time high level. This price range is a decisive support region for the cryptocurrency. Technical Analysis…

Continue ReadingBTC Fights With $21K But is Another Drop Coming? (Bitcoin Price Analysis)

Bitcoin Recovers After Dipping Below $18K, Solana Leads Altcoin Relief Rally: This Week’s Crypto Recap

After a few weeks of extended suffering and depressed price action, it appears that cryptocurrencies are finally seeing some relief. The total market capitalization expanded to slightly below $1 trillion…

Continue ReadingBitcoin Recovers After Dipping Below $18K, Solana Leads Altcoin Relief Rally: This Week’s Crypto Recap

Bitcoin Is a Leading Indicator for Stock Indexes, Says Legacy Investor Mark Mobius

Billionaire fund manager and founder of Mobius Capital – Mark Mobius – represented cryptocurrencies as a “measure of investor sentiment.” He classified bitcoin as a leading indicator that shows how…

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This is the Level BTC Needs to Break to Reverse the Downtrend (Bitcoin Price Analysis)

Bitcoin’s downtrend has halted after a rapid drop from the $32K following a bearish flag breakout. The $17K-$20K range of the 2017 all-time highs is acting as strong support, leading…

Continue ReadingThis is the Level BTC Needs to Break to Reverse the Downtrend (Bitcoin Price Analysis)