Bitcoin Elliott Wave Theory suggests BTC price can drop to $25.5K this year
The bearish outlook by the Elliot Wave Theory appeared as Bitcoin tumbled below $35,000. Go to Source Powered by WPeMatico
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Last Bitcoin support levels above $20K come into play as BTC price faces ‘time of uncertainty’
Analyst braces for a potential dive below $30,000 as historical support levels remain far from the current Bitcoin spot price. Go to Source Powered by WPeMatico
FTX CEO weighs in on Bitcoin market outlook amid Ukraine crisis
Bitcoin’s correlation with the U.S. equity market could be one reason for its current decline, but Eastern European money destabilization could push BTC as “crisis” hedge. Go to Source Powered by WPeMatico
Geopolitical Risk and Ukraine Worries Shake Equities, Cryptocurrencies — Gold Soars Higher
On Wednesday, global markets have been volatile as Ukraine officials declared a state of emergency amid fears of a Russian invasion. Wall Street’s top indexes shuddered during the day’s trading sessions, and cryptocurrency markets slipped more than 4% during the 24 hour period. On the other hand, the price of gold has jumped 1.47% during … Read more
Analysts say Bitcoin ‘bottom is in’ as BTC bounces back to $38,000
Bitcoin price retests a major support/resistance zone at $38,000 as technical analysts and traders suggest that “the bottom is in.” Go to Source Powered by WPeMatico
Bitcoin dips to $36.4K as Ukraine move sends Russian ruble to near 6-year lows vs. dollar
Gold outperforms “digital gold” in the wake of geopolitical strife, analysts note, with XAU/USD passing $1,900. Go to Source Powered by WPeMatico
Bitcoin at the barricades: Ottawa, Ukraine and beyond
If Bitcoin is used for fundraising, is it inevitably tarred by the cause to which it’s been linked, like anti-vax truckers? Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: BTC Drops to 2-Week Low Below $40,000
Losses in cryptocurrency markets extended on Friday, with bitcoin falling to multi-week lows in the process. Ethereum was also lower during the session, whilst the global crypto market cap was down 3.70% as of writing. Bitcoin Bitcoin was down for a third consecutive session, as recent bearish pressure continued to intensify on the world’s largest … Read more
Ukrainian Parliament Adopts Amended Virtual Assets Law
Ukrainian lawmakers have approved an updated version of legislation tailored to regulate the country’s crypto economy. The bill, which was first passed last year, was later returned to the legislature by President Volodymyr Zelensky who requested some changes. Majority of Ukrainian Deputies Back Law ‘On Virtual Assets’ Verkhovna Rada, Ukraine’s parliament, has adopted new legislation … Read more
Bitcoin bulls scramble to defend $40,000 as the crypto market sell-off intensifies
BTC and altcoins were hit by another round of selling as analysts say a worsening macroeconomic climate threatens to push Bitcoin price below $40,000. Go to Source Powered by WPeMatico