Bitcoin targets record 8th weekly red candle while BTC price limits weekend losses
The weekly chart looks decidedly grim for BTC/USD despite a lack of volatility over the weekend.
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The weekly chart looks decidedly grim for BTC/USD despite a lack of volatility over the weekend.
Down 20% from its latest peak, the S&P 500 now meets the definition of bear market territory in a warning sign for risk assets everywhere.
Based on historical tendencies, $22,700 could now mark the next "generational bottom" for Bitcoin, new analysis says.
Macro conditions flip to reduce pressure on risk assets, as one view gives Bitcoin bears $14,000 capitulation "hopium."
Tesla's removal from the S&P 500 adds to an already bearish trajectory while BTC/USD stays stuck below $30,000.
Shock earnings reports contributed to fresh market weakness, depriving Bitcoin and altcoins of any new gains.
Bitcoin could reach its highest since the Luna meltdown next, one trader argues, while others feel that the bottom is not yet in.
Deja-vu for BTC versus market sentiment as conditions mimic the weeks after the March 2020 COVID-19 crash.
$20,000 or $32,000? Both feature in the outlook for Bitcoin price action going forward.
Doom and gloom and an overall sense of unease pervades the market ahead of the World Economic Forum.