Bitcoin Price In The Claw of The Bear
The bulls stampeded bitcoin price higher in a corrective advance on Monday and ran into a trap of their own making. When exuberant CNY buyers failed to advance price above the 1-day 200MA, the noise in the trading pit awoke The Bear. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 15h02 UTC. OKCoin-3Mth 1-Hour Chart. From the analysis pages of xbt.social, earlier today: The OKCoin 3Mth futures 1-hour chart and a look at the momentum....
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The fiat value of bitcoin has seen a decline over the past 24-hours as the price per BTC dropped from US$1215 to a low of $1140 across major global exchanges. At press time, the price is on the rebound hovering around the $1170-1180 range, but the market is showing no signs of fending off sellers. Bitcoin Price Weekly View: Bear Markets Claw the Value of....
A bearish outlook may be triggered if bitcoin doesn't claw its way back over $40,000, the analysts said.
Bitcoin price has been churned into a washing machine lately and today was no exception. On the aniversary of the start of history's largest asset price rally on 5 October 2013, the bitcoin chart, once again, looked primed for a sharp decline. However, by 10h00 UTC speculators snatched price from the claw of the Bear and passed it to the rearing bulls. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 15h03 UTC. BTC-China 1-Hour Chart.....
The price of bitcoin dropped to a new low in 2021, hitting $28,600 per unit Tuesday morning (EST). BTC has shed more than 10% in value over the last 24 hours and its market capitalization is now less than $600 billion. Bitcoin Price Plunges Below $29K Cryptocurrency markets have seen better days as the entire market capitalization of all 9,000+ crypto assets is down 12% at just above $1.2 trillion. Bitcoin (BTC) has shed 26.31% during the last seven days and 42% over the last 90 days. At the time of publication, BTC rests just below the $30K handle in the $29K region. The value had....
On-chain data shows the Bitcoin price has now once again dipped below the realized price, suggesting the bear market may not be over afterall. Bitcoin Earlier Broke Above Realized Price, But Has Now Fallen Back Again As pointed out by an analyst in a CryptoQuant post, the BTC price has re-entered into the historic bear […]