After a 11% decline at press time, Bitcoin was concluding its bearish week. BTC was priced just above $32,500, as other assets met their lows from May 19. Support levels at $40,500 and $34,800...
Bitcoin may have lost 35% since its all-time highs of $64,500, but its current price is actually “logical.”
That’s according to veteran analyst John Bollinger, creator of the Bollinger bands trading indicator.
Bollinger: Current...
Fear is covering the market when Bitcoin price and large-cap Altcoin series have not yet shown any positive recovery signal, even the downward momentum is getting stronger.
Bitcoin price today: Cryptocurrency market panic,...
Recent data from Glassnode shows that Bitcoin is extremely oversold in the market.
Chart provided by popular analytics platform Glassnode shows that Bitcoin NVT (Network Value to Transactions) Ratio has been at the lowest point...
Tesla, the largest manufacturer of electric vehicles, has announced that it will no longer accept payments in BTC, citing environmental issues related to the high cost of mining and processing Bitcoin transactions.
The news...
First we’ll start off with a brief summary of the data that communicates the general idea in a very simple manner. If you want to delve deeper into the details we highly...
Bitcoin
Currently Bitcoin is bearish. It will increase the probability of Bitcoin making another lower low from April 25, 2021, which will push it down. That correction is very good for the long-term...
Bitcoin closed bullish today, and it is heading towards the $60,000 key level. Above it, Bitcoin will move towards $68,000. The intraday chart will be volatile as we are in the weekend....
