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Price analysis 9/8: BTC, ETH, ADA, BNB, XRP, SOL, DOGE, DOT, UNI, BCH

BTC and most altcoins are attempting to capitalize on today’s market-wide oversold bounce but the recovery could be thwarted by sell pressure at overhead resistance levels.

Continue ReadingPrice analysis 9/8: BTC, ETH, ADA, BNB, XRP, SOL, DOGE, DOT, UNI, BCH

Bitcoin’s sharp fall from $50K linked to stronger US dollar, gold — Correlation shows

The sell-off in the Bitcoin market, in particular, intensified due to excessively leveraged bullish bets.

Continue ReadingBitcoin’s sharp fall from $50K linked to stronger US dollar, gold — Correlation shows