Bookmarking Crypto Insights
Auto Added by WPeMatico
Daily closes above $30,000 could be a sign that BTC price is ready to consolidate, but traders warn against “generational bottoms” and “V-shaped” recoveries. Go to Source Powered by WPeMatico
BTC is flashing a few early bottoming signals, but analysts question whether “buying the dip” is a wise maneuver given the strength of the dollar and other factors. Go to Source Powered by WPeMatico
Stocks and altcoin prices bounced as the sell-off in BTC took a pause, but analysts continue to warn that further downside could occur shortly. Go to Source Powered by WPeMatico
Fear dominates the crypto market as BTC price trades near $30,000, but data suggests whales and momentum traders could be interested in accumulating in this zone. Go to Source Powered by WPeMatico
BTC price hits a 2022 low as on-chain data points toward capitulation by traders adopting a risk-off approach to crypto and stocks. Go to Source Powered by WPeMatico
Crypto market weakness continues into May as analysts suggest that deteriorating sentiment could lead Bitcoin price to re-test $28,000. Go to Source Powered by WPeMatico
While Bitcoin miners continue to pursue the last 2 million BTC into circulation, the overall network is well-positioned to attain greater resilience against vulnerabilities. Go to Source Powered by WPeMatico
Traders say BTC’s current price action aligns with the Bitcoin halving model, leading some analysts to expect a $24,000 bottom before the end of the year. Go to Source Powered by WPeMatico
Bitcoin network hash rate hit a new record high, seeing a 400% increase since the mining ban by China last year. Go to Source Powered by WPeMatico
BTC price fell below $38,000 as tech stocks sold off and traders cautiously watched to see if Bitcoin can hold its “macro level support” zone. Go to Source Powered by WPeMatico
