Bulls largely absent as Bitcoin price slips to the bottom of its range near $32K
Traders appear to be sitting on their hands even as Bitcoin price drops closer to a critical support level at $32,000. Go to Source Powered by WPeMatico
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Analysts say Bitcoin’s choppy price action is ‘typical of low liquidity markets’
Bitcoin bulls pushed the price back above $34,000 but analysts warn that a variety of bearish factors remain a threat in the short term. Go to Source Powered by WPeMatico
Bitcoin analyst says ‘supply shock’ underway as BTC withdrawal rate spikes to one-year high
The supply shock is being unnoticed similar to Q4 2020 before the price of Bitcoin skyrocketed, says Willy Woo. Go to Source Powered by WPeMatico
Bitcoin derivatives data shows pro traders ignored today’s $41K pump
Bitcoin price may have pumped 10% to $41,000 but derivatives indicators show top traders aren’t feeling so bullish. Go to Source Powered by WPeMatico
Analyst says Bitcoin could see ‘a smaller drawdown and a quicker bottom’
Bitcoin bulls fell short of flipping the $38,000 level to support, and one analyst said on-chain data signals that BTC could see “a smaller drawdown.” Go to Source Powered by WPeMatico
Bitcoin bounces after weeklong ‘capitulation event’ results in $14.2B in losses
Bitcoin price briefly tops $40,000 and Ether climbs above $2,600 as traders gain their composure following last week’s “historic deleveraging event”. Go to Source Powered by WPeMatico
Bitcoin whale who sold at $58K has reaccumulated 3,521 BTC
The whale sold off 3,000 BTC on May 9 for an average price of $58,503.39. They began to reaccumulate less than one week later. Go to Source Powered by WPeMatico
Altcoins notch double-digit gains even as Bitcoin price falls to $42,500
Altcoins took the reins and galloped higher while bulls appear to be losing the battle to hold Bitcoin price above $43,000. Go to Source Powered by WPeMatico
MicroStrategy buys the dip, acquires $10M in Bitcoin
CEO Michael Saylor has used the latest price correction as an opportunity to load up on more BTC. Go to Source Powered by WPeMatico
Bears aim for sub-$60K Bitcoin price ahead of Friday’s $1.1B options expiry
Bitcoin bulls have a $104 million advantage leading into Friday’s $1.1 billion options expiry, but a favorable close depends on BTC price reaching $60,000. Go to Source Powered by WPeMatico
