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After the price topped at $52K on Monday, Bitcoin had lost over $4000 in just a day. Is BTC entering a deeper correction, or where is the local bottom? Technical…
Amid the last days of 2021, Bitcoin is struggling around the $50K price area. The primary cryptocurrency is facing a huge options expiration event on the last day of 2021;…
The bitcoin price had recently reclaimed the $50K mark, topping a 16-day high. Reviewing the last year’s significant corrections, we can find an interesting pattern in the daily time frame;…
Option Market Analysis This Friday, 24 of December 21, about $684 million worth of Bitcoin options contracts will expire in Deribit Exchange. The maximum pain price – the strike price…
Bitcoin volatility continues. After dipping below $46K on Monday, BTC was able to recover sharply, marking Tuesday’s high above $49.3K as of writing these lines. Looking at the following chart,…
All markets are having a hard time during Monday’s trading session and Bitcoin is no exception. The cryptocurrency is down just shy of 2 percent in the past 24 hours…
According to Reuters, the Russian central bank wants to ban investments in cryptocurrencies in the country. Following the bearish news, Bitcoin’s price fell to near $48.5k in the spot market.…
The past 24 hours have been rather favorable for the cryptocurrency markets as most of the coins are painted in green. There seems to be a fundamental reason for this,…
Bitcoin was unable to retain any gains above $50K, and the price has subsequently tumbled towards $45K. The cryptocurrency is now trading at around $47K, but the upcoming Fed FOMC…
Long-term Technical Analysis: The Monthly Based on the monthly timeframe, the market is not showing any strength yet. Let’s examine the market structure using the trend lines and indicators shown…