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Bitcoin Price Analysis and Overview Following BTC’s Worst Day Since May: The Good and the Bad

Bitcoin had seen its worst day since mid-May. Today’s high lies at $53.8K, whereas the low is below $42K. Keeping in mind Bitcoin is currently over 30% below the ATH…

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Bitcoin Price Failed at Critical Resistance, Was $69K the Cycle’s Top? BTC Analysis & Overview

Bitcoin’s price action continues to be shaky in the short term, but that might largely be attributed to headwinds caused by the newfound COVID variant. Despite the recent bearishness, the…

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Bitcoin Price Analysis: Is BTC in a Temporary Shakeout or Bearish Momentum Incoming?

Global stocks continue struggling to retain gains as investors remain uncertain of the new Omicron COVID variant. So far, the SPX has seen rallies being sold, with intraday reversals and…

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Bitcoin Price Analysis: After Friday’s Bloodbath, is the Selloff Over?

Just as Bitcoin started showing early positive developments of recovery, fear of a new variant of COVID-19 sent global stocks sharply lower, causing the crypto market to decline. Although the…

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Bitcoin Price Analysis: BTC Still Trading Under This Critical Level, But First Bullish Signs Pop

Bitcoin’s price has failed to recover and seems to be struggling below the $60K mark. As of now, BTC has lost 7% over the last week, trading in the range…

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Bitcoin Price Analysis: Ahead of Weekly Close, First Positive Signs Correction Might Be Over

Roughly around two days ago, bitcoin’s price dipped to an intraday low of $55,640 (on Bitstamp), causing moderate turmoil within the community and raising the question of how far the…

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Bitcoin Price Analysis: If Short-Term Bearishness Continues, This is the Level to Watch

Bitcoin’s price dipped to an intraday low of $55,640 (on Bitstamp) and is currently down around 3.5% on the day and 11.8% on the week. The entire market seems to…

Continue ReadingBitcoin Price Analysis: If Short-Term Bearishness Continues, This is the Level to Watch