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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…
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…
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…
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…
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…
Bitcoin’s price rally slowed down after getting rejected at the 200-day moving average line amid the $48K range. The 1-Day Timeframe Technical Analysis by Edris The price dropped lower since…
The past week was filled with serious volatility, but unfortunately, a lot of it was to the downside. Bitcoin is currently trading at around $43,800, down 3.6% during the week.…
It appears that the largest Bitcoin wallets are buying the dip during the current market pullback, adding upwards of 6,000 BTC in a day. Analysts from CryptoQuant suggest that the largest Bitcoin…
The number of liquidated traders shot up above 100,000 and the total wrecked amount is above $400 million as bitcoin dumped to its lowest price position since March 25. Most…
Bitcoin’s rally has come to a halt as the price was rejected from the significant 200-day moving average. Technical Analysis By: Edris Daily timeframe: Chart by TradingView Historically, the 200-day…