Bearish Sentiment – DIGIT INFO

Bitcoin funding rates hit YTD lows, bearish trend looms: CryptoQuant

DIGIT — Fri, 16 Aug 2024 10:57:24 +0000

Bitcoin funding rates on Binance turn negative, reflecting a surge in short positions as institutional interest wanes.

Bitcoin Dips to $56,952 as Market Reacts to Mt Gox and German BTC Moves

DIGIT — Thu, 04 Jul 2024 11:33:29 +0000

On Thursday, July 4, 2024, the price of bitcoin fell below $57,000, reaching a low of $56,952 at 5:20 a.m. EDT. There is widespread speculation about the Mt Gox distribution and the German government’s transfer of approximately 3,000 bitcoin to unidentified wallets, Coinbase, Bitstamp, and Kraken. Bearish Sentiment Grows as Bitcoin Continues to Slide Bitcoin’s […]

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Bitcoin’s Bearish Prices at the End of 2021 Not Much Different Than 8 Previous Year-End Cycles

DIGIT — Mon, 20 Dec 2021 18:30:30 +0000

The price of bitcoin is down more than 33% from the crypto asset’s all-time high captured about a month ago on November 10. A while back, people expected the price of bitcoin to be extremely bullish during the months of November and December, and many expected a $100K bitcoin price by the year’s end. However, […]

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