BTC Price Analysis: Bitcoin Retests $30K But Is There More Pain to Come?
Bitcoin’s price has been consolidating for the last few days, and the decrease from $48K has slowed down by forming support at the $30K level. Technical Analysis By Edris The…
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Bitcoin’s price has been consolidating for the last few days, and the decrease from $48K has slowed down by forming support at the $30K level. Technical Analysis By Edris The…
Despite the relative calmness in the market, the price action is not showing signs of a robust recovery. Although the US stock closed yesterday with a green candle and the…
Last week’s rollercoaster continues to impact the cryptocurrency market in one or more ways, as IntoTheBlock data indicated that approximately 40,000 BTC had made their way into exchanges since May…
Shares of the Grayscale Bitcoin Trust are trading significantly below BTC spot prices as the asset circles around $30K. Since the beginning of the year, GBTC is down some 45%.…
Over the last ten days, the $30K demand zone, which was expected to be a strong support level for reversing any downtrend price movement, was broken to the downside. Now,…
The rollercoaster that transpired in the past seven days resulted in another weekly candle closed in the red for bitcoin. As such, the cryptocurrency made history in a rather negative…
After a few weeks of consolidation, Bitcoin was unable to increase and eventually broke to the downside. This resulted in a considerable liquidation cascade and a drop below the critical…
Legacy American investor Bill Miller revealed he sold some “liquid stuff” to satisfy margin calls as bitcoin might be one of those assets. However, the billionaire remains a keen proponent…
This was the most eventful week in many months, but, unfortunately, the end result was that $500 billion were wiped off the total cryptocurrency market capitalization. Terra’s ecosystem was at…
The BTC premium on the largest US-based cryptocurrency exchange has plummeted to negative levels last seen nearly three years ago. This comes amid the broader market correction and suggests that…