Bitcoin’s Price Regains Some Losses, Signals Still Show Indecisive Crypto Mar...
Digital currency market prices have been dropping during the last few days as the crypto economy now rests at $1.53 trillion in value. Crypto trade volumes have increased a hair on Sunday, and a few crypto assets have seen decent percentage gains over the course of the last seven days. Crypto Market Prices Consolidate While Traders Wait to See if Bears or the Bulls Grab the Reigns Last week, crypto proponents witnessed billions of dollars shaved off the entire crypto-economy and many are curious as to where things are headed next. Bitcoin (BTC) jumped back above the $40k handle a few days....
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Bitcoin’s price action has calmed after a strong move lower on the news of the CFTC charging BitMEX and President Trump catching the disease spreading across the globe. The cryptocurrency is currently trading in a tight $30 range, indicating that investors are indecisive. Bitcoin Enters Tight Range as Market Is Indecisive As noted by a top Bitcoin analyst, the leading cryptocurrency has been trading in a $30-50 range over the past few days as investors […]
Bitcoin price picked itself up from the dusty valley floor today. Although it’s looked more healthy, it appears nothing is broken. Since yesterday’s low we’ve had 5 waves up. The advance has stopped at 15-minute 200MA (not shown) and is currently trailing the hour 20MA (green). At label 5 the advance is accompanied by reverse divergence in RSI. In other words, RSI is indicating a high exceeding previous highs that price is nowhere near reaching. Hence, the current downward correction. Bitcoin price advanced strongly from yesterday’s low, but the market now seems indecisive. It is....
Michael Saylor kept buying while the market slid, and he did it out loud: “Neven been more bullish,” he said in an X post Thursday. His public posts and regulatory filings show Strategy continued to add to its Bitcoin pile even as price swings turned paper gains into big unrealized losses. Related Reading: Bitcoin’s Record Red Month May Be Setting Up A Reversal: Analysts The firm’s recent regulatory filing confirms a fresh purchase this month, while market reports and accounting disclosures show the wider hit to corporate treasuries. Market Value Drop Shakes Portfolios Bitcoin....
Bitcoin’s price is rebounding from a sell-off Tuesday while large ether holders are making moves.
Bitcoin is still hampered by the ongoing volatility across the cryptocurrency market, keeping its price below the $70,000 level for the past few days. With BTC’s price steadily trending downwards, whale short-term holders are starting to feel the heat, as their unrealized losses sharply increase. Unrealized Losses Climb For Bitcoin’s STH Whales After a prolonged […]