Whales Bought the Dip as Bitcoin Reclaims $40K: Analyst
As bitcoin dropped to a monthly low at $39,000 after a few days of consolidating above the $40,000 mark, there was a growing bearish sentiment regarding its immediate price action.…
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These Are the Key Levels to Watch As BTC Broke Below $40K (Bitcoin Price Analysis)
Bitcoin’s price has been rejected from the 200-day moving average and is currently experiencing a sharp downtrend. The Daily Timeframe Technical Analysis By: Edris The 50-day and 100-day moving average…
Bitcoin Price Analysis: These are the Levels to Watch if BTC Breaks Below $40K
Over the past week, the price of bitcoin has been plummeting with strong bearish momentum, resulting in a break below the 50-day and 100-day moving averages lines on the daily…
Bitcoin’s Drop to $40K and Elon Musk’s $43 Billion Bid to Buy Twitter: This Week’s Crypto Recap
This week was entirely unproductive for cryptocurrency bulls as the market took a beating and Bitcoin collapsed to $40K. And yet, it appears that the entire world was focused on…
PlanB Explains Why Bitcoin Won’t Drop to $24.5K Again
PlanB, the creator of the bitcoin Stock-to-Flow (S2F) model, implied that only a black-swan incident could drag the price of Bitcoin down to $24,500. The anonymous Twitter pseudonym in the…
BTC Price Analysis: What’s the Next Critical Support if Bitcoin Loses $40K?
Technical Analysis By: Edris Daily timeframe: Source: TradingView Bitcoin has been dropping impulsively in the past couple of weeks after being rejected from the 200-day moving average. This level has…
Bitcoin Briefly Pumps As US Inflation Breaks Another 40-Year High
The US Bureau of Labor Statistics (BLS) unveiled the Consumer Price Index (CPI) reading for March 2022 earlier today. It showed year-over-year inflation at 8.5%, breaking another 40-year high. The…
BTC Price Analysis: Bitcoin Dips Below $40K For the First Time in a Month, What’s Next?
The 200-day moving average has significantly hindered the recent bullish surge, resulting in a substantial price decline. Bears are currently in control of the market, and the price is plummeting…
Another $439M in Liquidations As BTC Drops Below $40k
Under threat of greater rate hikes from the Federal Reserve, Bitcoin is plunging to a monthly low, alongside stocks. Hundreds of millions of dollars in liquidations have been set off…
Terra’s LFG Pool Adds $170 Million Worth of Bitcoin at $42,600
The Luna Foundation Guard (LFG) pool has bought Bitcoin yet again. The pool currently holds almost 40,000 BTC, worth some $1.675 billion at the time of this writing. Luna’s LFG…
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