Noise Free, Here’s Why Bitcoin’s Fundamentals Remain Intact
Bitcoin has been hit by another succession of FUD. At the time of writing, the first cryptocurrency by market cap sits at the higher area of $30,000. Price action is still choppy and uncertainty about a persistent downside trend appears to be taking a toll on the bulls. A report published by investment firm Coinshares, […]
Related News
It is the worst of times. It is the best of times. It is the age of fear, uncertainty, and doubt. Nevertheless, Bitcoin’s fundamentals remain intact. The project’s value is still there, despite the disastrous drop in price. It was all going so well. How did we get here? Actually, there are a lot of […]
Bitcoin is currently consolidating quietly around the $110,000 level, with bears pushing for further downside after weeks of volatility. Despite this pullback, many analysts remain confident that the long-term bullish trend is intact, highlighting that such periods of consolidation are common in strong market cycles. While short-term sentiment appears cautious, Bitcoin’s structural support levels remain […]
Well-known Crypto analyst Egrag Crypto believes the recent pullback does not mean the XRP bull run has ended. In fact, he says XRP still has one more leg up ahead. With his latest chart and comments focused on key signals that remain intact, Egrag is urging the community to stay strong and steady while waiting […]
Despite a sharp decline in Bitcoin (BTC) prices since last October, analysts at Bernstein argue that the current downturn does not resemble a traditional crypto bear market. In a note to clients released on Monday, the firm described the pullback as “the weakest Bitcoin bear case in its history,” even as the asset has fallen about 44% from its all‑time highs in current trading. Bernstein Defends Bitcoin’s Fundamentals The analysis was led by Bernstein’s Gautam Chhugani, who said the recent sell‑off reflects a loss of confidence rather than deeper structural problems. The analysts....
Bitcoin price is currently reeling due to a series of rejections above $60,000. After such a powerful impulse upward, technicals are severely overheated and beginning to turn down. But regardless of any technical-driven selloff that might result, such continued bullish fundamentals in the leading cryptocurrency by market cap could keep prices from going too low, […]