Bitcoin slides under $39K, leading some traders to forecast a weekend ‘oversold bounce’
Traders look for a weekend oversold bounce after BTC price sold-off and hit an intraday low at $38,750.
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Traders look for a weekend oversold bounce after BTC price sold-off and hit an intraday low at $38,750.
ETH bulls are struggling to hold $2,800, but analysts hint that multiple timeframes point to an eventual breakout to the $3,000 range.
BTC’s brief spike to $45K prompted some analysts to call a trend reversal, while others caution that a revisit to $34,000 is not out of the question.
Voxies, Smooth Love Potion and MyNeighborAlice overcome the noise to post double-digit gains thanks to protocol updates and a new exchange listing.
BTC and stock markets recovered some of their recent losses, leading traders to suggest that the panic selling could be “over for a few days.”
BTC price is holding slightly below $38,000, but analysts warn that mounting macroeconomic issues and a lack of buyers could lead the price to “probe lower.”
Bitcoin price retests a major support/resistance zone at $38,000 as technical analysts and traders suggest that “the bottom is in.”
Bitcoin was trading lower to start the week, as markets were anticipating the release of U.S. president Biden’s executive order on cryptocurrencies. Ethereum also remained in the red, and continues…
Traders warn that ETH price could fall to $1,700, triggering a “turbo nuke” in altcoins and altering the market structure of a struggling bull market.
BTC and altcoins were hit by another round of selling as analysts say a worsening macroeconomic climate threatens to push Bitcoin price below $40,000.