Goldman Sachs’ bearish macro outlook puts Bitcoin at risk of crashing to $12K
Bitcoin derivatives data also shows sentiment shifting in favor of a massive crash below $20,000, the current psychological support.
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Bitcoin derivatives data also shows sentiment shifting in favor of a massive crash below $20,000, the current psychological support.
A classic bearish reversal pattern suggests pain ahead for the ETH/BTC pair despite Ethereum's milestone Merge event.
Bitcoin price could resume its downtrend if the Fed keeps on hiking rates against the prospects of a rising unemployment rate.
Ether could enter the pattern's breakout stage in the days leading up to the highly-anticipated Merge.
The selling pressure in the Bitcoin market is not as bad as it was during the Terra and Three Arrows Capital crises.
Bitcoin has closed its previous five months of September in losses and could suffer similar pains if history repeats.
The rise in the ETH/BTC pair is painting a bearish technical pattern, hinting at a potential correction.
Poor earnings coupled with overvalued fundamental metrics pose long-term bearish risks for MSTR.
BTC price surged above a key resistance cluster, but its market structure and technical analysis suggest the move is just another trap.
Bitcoin's upside prospects are supported by at least three on-chain and technical metrics.