Bitcoin Price At Risk Of Further Correction – Here’s How
A popular crypto analyst has explained how the Bitcoin price could be at risk of further downside based on the current distribution of BTC supply around the price. This Bitcoin Price Range Holds A Critical Supply Barrier In a recent post on the X platform, prominent crypto pundit Ali Martinez discussed how the price of […]
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From last week’s highs, Bitcoin sustained a heavy correction into Saturday. The cryptocurrency fell from $16,000 to a low of $14,300, marking the first large correction of the recent uptrend. The cryptocurrency has since bounced back as the markets have turned risk-on once again on news of a seeming Biden presidency. While the Nasdaq futures […]
Bitcoin price started a downside correction from well above $40,000 against the US Dollar. BTC is now trading near a major support at $38,000, where the bulls are currently active. Bitcoin started a downside correction after it failed to stay above $40,000. The price is currently just below $39,000 and the 100 hourly simple moving […]
Bitcoin price failed to clear the key $40,000 resistance zone against the US Dollar. BTC is correcting gains and it remains at a risk of more losses towards $36,000 or $34,000. Bitcoin is struggling to clear the $40,000 and $40,500 resistance levels. The price is currently holding the $37,000 support and the 100 hourly simple […]
Ethereum started a downside correction below the $460 support level against the US Dollar. ETH price is now trading below $450 and it remains at a risk of more downsides. Ethereum is showing a few bearish signs below the $460 and $455 support levels. The price is now trading well below $460 level the 100 […]
Ethereum price failed to gain momentum against the US Dollar, and failed near $7.20. More losses are likely in ETH/USD moving ahead? Key Highlights. ETH price started a correction wave yesterday against the US Dollar, but it looks it failed to gain traction. There is a new minor bearish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which is currently acting as a resistance. The price is back trading near the last swing low of $6.87, and remains at risk. Ethereum Price Decline. Yesterday, there was a correction wave initiated in ETH price against the US Dollar.....