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This is the Level BTC Needs to Break to Reverse the Downtrend (Bitcoin Price Analysis)

Bitcoin’s downtrend has halted after a rapid drop from the $32K following a bearish flag breakout. The $17K-$20K range of the 2017 all-time highs is acting as strong support, leading…

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Bitcoin Defends $20K Amid Enhanced Volatility, Polygon Skyrockets 25% (Market Watch)

The cryptocurrency market went through another volatile trading day following Fed Chair’s latest comments, but BTC managed to remain above $20,000. Most altcoins have also seen some gains, while MATIC…

Continue ReadingBitcoin Defends $20K Amid Enhanced Volatility, Polygon Skyrockets 25% (Market Watch)

Grayscale CEO: The Launch of Short Bitcoin ETF Is Positive for Crypto

Michael Sonnenshein, the CEO of the leading crypto asset manager, Grayscale Investments, believes the launch of ProShares’ Short Bitcoin Exchange-Traded Fund (ETF) could be a positive sign for the industry.…

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Strategist Who Predicted the Crypto Crash Says BTC Could Plunge Below $10K

The President of InTheMoneyStocks – Gareth Soloway – thinks the cryptocurrency market has not hit its bottom yet, forecasting bitcoin could decline to $10,000. However, he remains bullish on the…

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BTC Facing Critical Decision After Reclaiming $20K: Bitcoin Price Analysis

Bitcoin’s price has been falling inside a clear bearish descending channel. The cryptocurrency has been rejected by the upper trendline twice and is now consolidating below the channel’s mid-trendline and…

Continue ReadingBTC Facing Critical Decision After Reclaiming $20K: Bitcoin Price Analysis