Price analysis 5/1: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
Bitcoin and most major altcoins are witnessing aggressive selling at higher levels, indicating that the bears are trying to make a comeback.
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Bitcoin and most major altcoins are witnessing aggressive selling at higher levels, indicating that the bears are trying to make a comeback.
Bitcoin bulls fail to get a grip despite worries over U.S. banking sector stability, with BTC price near 4-day lows.
The failure of First Republic Bank marks a volatile beginning to a busy macroeconomic week, while Bitcoin already faces downside pressure.
If Bitcoin price breaks above $30,000, several altcoins such as SOL, ATOM, ICP and HBAR are well-positioned for a rally of their own.
New Mexico is the cheapest US state to mine Bitcoin in terms of average electricity cost, while Hawaii is the by far the most expensive.
Bitcoin and select altcoins continue to face selling at higher levels, a sign that the bears have not yet given up.
Weaker U.S. financial system has raised BTC bulls’ odds of profiting $780 million on April 28 options expiry.
The BTC price bottom may be in, but Bitcoin bulls are not out of the woods yet, says the DecenTrader and Look Into Bitcoin founder.
Bitcoin difficulty and hash rate stop at nothing in their quest to surge to new levels never seen before.
Bitcoin should dip to cement the $30,000 flip to support, analysis argues as bullish BTC price takes stay in play.