‘Very small chance’ BTC price could hit $24K, says trader as US dollar cools
A pause in dollar strength allows Bitcoin price action to stem losses, but the outlook is anything but positive, analysts warn. Go to Source Powered by WPeMatico
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Bitcoin price indicator that marked 2015 and 2018 bottoms is flashing
This week, Bitcoin’s 150-day EMA is set to close below its 471-day EMA for only the third time in history. Go to Source Powered by WPeMatico
Bitcoin and Ethereum Prices Struggle to Hold Support as Tech Stocks Tumble
Bitcoin price dipped below $20k, while Ethereum’s price struggled to hold above the $1k level as the global cryptocurrency market fell by over 3% losing $50 billion in valuation on Monday. Ethereum Price Down 6.94% This week, the cryptocurrency market continues to struggle as significant digital assets like Ethereum are down almost 7%. The reason … Read more
Bitcoin, Ethereum Technical Analysis: BTC Below $20,000 as Markets React to Increasing Dollar Strength
BTC fell below $20,000 on Tuesday, as volatility in financial markets continued to peak, due to current levels of inflation. The euro fell to its lowest level against the U.S. dollar in over twenty years, and this dollar strength seems to be impacting crypto prices. ETH also slipped, falling below $1,100. Bitcoin Bitcoin dropped below … Read more
Bitcoin price hits 7-day low as US warns of ‘highly elevated’ CPI data
Crypto market jitters around inflation expand with Bitcoin and Ethereum dropping to levels not seen since last week. Go to Source Powered by WPeMatico
Survey: Investors Expect Bitcoin’s Price to Fall to $10,000
A new survey shows that the majority of nearly 1,000 investors who responded expect bitcoin’s price to drop to $10K. In addition, 28% of respondents expressed strong confidence that cryptocurrencies are the future of finance while 20% said they are worthless. Investors Believe Bitcoin Could Fall to $10K The latest Bloomberg MLIV Pulse survey, conducted … Read more
Price analysis 7/11: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX
Bitcoin and select altcoins are discounted and trading close to critical support levels, but will buyers step in? Go to Source Powered by WPeMatico
Bitcoin risks new lows as $20K looms amid dollar euro parity
Support is thin on the ground, analysts and traders warn, as ex-BitMEX CEO Arthur Hayes heralds the start of the fiat currency “doom loop” with USD/EUR parity. Go to Source Powered by WPeMatico
Crypto & Stock Market Update: CPI Numbers Releasing This Week, Chinese Stocks Suffer, Bitcoin and Ethereum Prices Hold Support
Cryptocurrency markets are off to a relatively slow start this week, with Bitcoin down 3.44% and Ethereum price down 3% in the past 24 hours. BTC remains above the $20k support level, while ETH holds the $1.1k support level. The global cryptocurrency market is down 2.82% but remains above $915 trillion, signaling that the market … Read more
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $22,000 to Start the Week
Bitcoin started the week in the red, as Monday saw prices fall for a second consecutive session. Following a recent run towards $22,000, the world’s largest crypto dropped below $21,000 earlier today, with ETH slipping below $1,200. Bitcoin Bitcoin dropped below $21,000 on Monday, as prices continued to slip, following a recent encounter with a … Read more