Bitcoin Price Saturday Sell-Off
Bitcoin price has reversed from a bull-trap as the reality of a hardfork with the potential to destroy coins and time locked transactions persists. Nevermind the asset damage, the fundamental consensus breach of Classic(TM) is devaluing Bitcoin and incumbent businesses every day that the threat persists. The past two days’ analysis had acknowledged the bullish activity in the chart but warned that a reversal was imminent. Yesterday’s push to the vicinity of the corrective high of late-February caused RSI to reverse diverge to both the said high, as well as the February 21 wave top. This....
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Bitcoin fell below $20,000 on Saturday, as the sell-off in cryptocurrency markets continued to start the weekend. ETH was also trading below a key level, as prices fell below $1,000 for the first time in over 18 months. Bitcoin Bitcoin fell below $20,000 on Saturday, as bearish momentum extended entering the weekend. Despite the best effort of bulls to hold the line, the recent price support of $20,200 finally gave way earlier today. As a result of this, BTC/USD fell to an intraday low of $18,905.98 earlier in today’s session, which is the lowest level BTC has traded since December....
It's a modest weekly gain for Bitcoin buyers as Saturday's progress comes full circle back to square one the next day. Bitcoin (BTC) retested $47,000 on Sept. 19 as the weekly close looked set to hinge on the CME futures gap.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin comes full circle after erasing gainsData from Cointelegraph Markets Pro and TradingView showed mixed signals from BTC/USD as the week drew to a close.Saturday had seen a stronger rally from the pair, which subsequently gave way to ranging behavior amid an absence of clear direction."Happens quite often....
NEAR has risen by over 20% during today’s session, pushing prices to their highest level since late January. AXS also rebounded on Saturday, following a $640 million hack, which sent its price down this week.
NEAR Protocol (NEAR)
NEAR was undoubtedly one of the biggest gainers in crypto markets to start the weekend, as its price gained by more than 20% on the day.
Following a low of $13.08 on Friday, NEAR/USD rallied to a peak of $16.23 in today’s session, as prices were nearly 22% higher.
Today’s peak is the highest level NEAR has....
SHIB was trading by as much as 10% higher on Saturday, as crypto markets were mainly in the green. NEAR was also higher on Saturday, prices having now risen for three consecutive sessions. Overall, crypto markets are up 2.73% as of writing. Shiba Inu (SHIB) SHIB was one of the notable movers in crypto markets on Saturday, as prices rose by over 10% to start the weekend. The price of the meme coin rose to an intraday high of $0.00001178 in today’s session, which is the third straight daily gain in SHIB. As a result of Saturday’s surge, SHIB/USD is now trading nearly 50%....
A dip below $46,000 has little impact on sentiment, with a longer-term view still favoring a showdown with $60,000 and above. Bitcoin (BTC) saw lows of under $45,600 on Aug. 15 as a second instalment of its resistance rejection played out. BTC/USD 1-hour price chart (Bitstamp). Source: TradingViewAnalysts eye BTC attack on all-time highsData from Cointelegraph Markets Pro and TradingView showed BTC/USD giving up $46,000 overnight on Saturday after an earlier failed breakout. As Cointelegraph reported, bulls had run out of steam during an attack on a major sell wall holding Bitcoin back....