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For the First Time in 8 Years: Bitcoin Marks 6 Consecutive Red Weekly Candles

Bitcoin’s price has suffered quite a bit since the end of March, losing over $15,000 in this period. Moreover, the asset’s downwards trajectory has set a negative record as it…

Continue ReadingFor the First Time in 8 Years: Bitcoin Marks 6 Consecutive Red Weekly Candles

Bitcoin Breaks Below Multi-Month Support, Is $30K Retest Incoming? (BTC Price Analysis)

After consolidating above the $37K decisive level for a few weeks, Bitcoin was eventually rejected after another attempt at $40K and plunged below the key support following tremendous bearish momentum.…

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Bitcoin Fear and Greed Index Deep in ‘Extreme Fear’ as BTC Dumped to $34K

With bitcoin’s price continuing to lose value, the popular Fear and Greed Index has dropped into an extreme fear territory once again. In fact, the metric hasn’t been in such…

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Bitcoin Collapses to 10-Week Lows, Binance Backs Musk’s Twitter Deal With $500M: This Week’s Crypto Recap

Bitcoin’s price crashed to levels that we last saw on the day that Russia invaded Ukraine. Moreover, the entire market lost over $150 billion of its capitalization as the past…

Continue ReadingBitcoin Collapses to 10-Week Lows, Binance Backs Musk’s Twitter Deal With $500M: This Week’s Crypto Recap

Bitcoin Price Analysis: BTC Collapses 10% in a Day, Here’s The Next Critical Support

Bitcoin has broken the $37K support to the downside as the price crashed more than 10% yesterday. This could trigger a bearish scenario towards the $30K demand zone. Technical Analysis…

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Bitcoin Crashes Below $37K to 2.5-Month Low: Over $100M Liquidated In One Hour

Bitcoin’s price took a nosedive on Thursday after stocks retraced gains made following yesterday’s Federal Open Markets Committee Meeting (FOMC). It fell to $36,520 – the cryptocurrency’s lowest price since…

Continue ReadingBitcoin Crashes Below $37K to 2.5-Month Low: Over $100M Liquidated In One Hour

This is Bitcoin’s Biggest Challenge to Resume the Uptrend (BTC Price Analysis)

Bitcoin’s RSI has been rejected from a significant long-term trendline three times. When the RSI hit the mentioned trendline, the price plummeted sharply and was rejected. To provide prospects of…

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