Bitcoin price due for break below $30K trader warns after 9% daily loss
A breakout to avoid a fresh price dip would be a “miracle,” says Crypto Ed as storm clouds gather for Bitcoin bulls. Go to Source Powered by WPeMatico
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Crypto Twitter says traders are short Bitcoin, but data shows otherwise
A growing number of analysts have flipped bearish on Bitcoin and expect a significant price drop, but analyzing data from the perpetual futures and options markets uncovers a contrasting narrative. Go to Source Powered by WPeMatico
BTC price doesn’t care about El Salvador? 5 things to watch in Bitcoin this week
News of a major adoption move has no impact on lackluster BTC price action prior to government approval — can anything lift Bitcoin out of its range? Go to Source Powered by WPeMatico
Bitcoin drops below $36K as century-old financial model predicts big BTC crash
A push to $40,000-$42,000 won’t protect Bitcoin from risks of undergoing a major price decline later, suggests a century-old price prediction model created by technical analyst titan Richard Wyckoff. Go to Source Powered by WPeMatico
Forget Elon, here’s why Bitcoin traders should be watching the US Dollar Index instead
The U.S. dollar index recorded its best daily performance in almost nine months just as the BTC/USD exchange rate fell following Elon Musk’s cryptic tweet. Go to Source Powered by WPeMatico
Bloomberg report calls Bitcoin ‘refreshed and discounted’ as BTC price bounces at $36K
BTC price action is already in recovery after a modest drop, and traders are favoring upside. Go to Source Powered by WPeMatico
AMC ‘meme stock’ frenzy may spill over to crypto as Bitcoin metric nears buy zone
It could soon be a sea of green for Bitcoin and altcoins, sources argue, thanks to a convergence of data and the sheer power of memes. Go to Source Powered by WPeMatico
Bitcoin nears $40K amid warning BTC price will correct before bull market resumes
Another price dip is required before continuation, one trader says, giving a short-term target of $36,000 for BTC/USD. Go to Source Powered by WPeMatico
Market makers in ‘fear mode’ ahead of Friday’s $575M Bitcoin options expiry
Bear’s misplaced belief that Bitcoin price would drop to $32,000 allowed Friday’s BTC options expiry to become unexpectedly balanced. Go to Source Powered by WPeMatico
Classic technical indicator foresees another massive Bitcoin price drop with $16K target
Bitcoin is forming a textbook downside continuation structure called Bearish Pennant whose ultimate breakout target lurks near $16,000. Go to Source Powered by WPeMatico
