Will the Bitcoin mining industry collapse? Analysts explain why crisis is really opportunity
Many BTC miners are in a tough spot and a few could collapse, but experts say the industry is here to stay. Go to Source Powered by WPeMatico
BTC Markets
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Bitcoin price falls under $21K, bringing more capitulation or just consolidation?
Multiple indicators and on-chain metrics reflect confluence pointing to an improving market, but technical analysis still raises the possibility of Bitcoin dropping to new yearly lows. Go to Source Powered by WPeMatico
Bitcoin price dips under $23K after earnings report reveals Tesla sold 75% of its BTC
BTC’s march toward $24,000 took a brief pause after media headlines announced that Tesla had sold 75% of its Bitcoin position. Go to Source Powered by WPeMatico
Bitcoin price hits $24K, but analysts say on-chain data points to an ‘inevitable’ pullback
The crypto market rally continues, but analysts are on the fence about whether BTC and ETH will slip back into range or push closer to higher-timeframe resistance levels. Go to Source Powered by WPeMatico
Bitcoin price holds $23.5K, leading bulls to say ‘it’s different this time’
Traders expect BTC price to venture into the $27,000 to $32,000 range now that Bitcoin looks to secure a daily close above its current range. Go to Source Powered by WPeMatico
Bitcoin price moves toward $24K and traders expect further upside, after a support retest
BTC price is racing toward $24,000, but analysts warn that a lower support retest is needed to confirm the strength of the current breakout. Go to Source Powered by WPeMatico
Data points to a Bitcoin bottom, but one metric warns of a final drop to $14K
The bear market is far from over, but according to Glassnode, several metrics suggest that Bitcoin capitulation already occurred. Go to Source Powered by WPeMatico
Total crypto market cap reclaims $1 trillion as Bitcoin, Ethereum and altcoins breakout
The crypto market capitalization pushed above $1 trillion after notable weekly double-digit gains from BTC, ETH and several large cap altcoins. Go to Source Powered by WPeMatico
3 reasons why Bitcoin is struggling to flip $20K to support
BTC continues to sell-off, but analysts say investor sentiment could reverse when inflation peaks or traders feel that the situation with insolvent DeFi platforms is resolved. Go to Source Powered by WPeMatico
Analysts say Bitcoin range ‘consolidation’ is most likely until a ‘macro catalyst’ emerges
BTC on-chain metrics and technical indicators are trading near historical bottoms, but analysts say a new “macro catalyst” could prove the current range is not the bottom. Go to Source Powered by WPeMatico