Bitcoin Crashes To $19,600 And Takes Long Liquidity, BTC Ready For A Bounce?
Bitcoin is retracing after a rejection north of critical resistance at around $20,000 and might be gearing up for a fresh leg down into its final support level. The crypto was seeing some profits earlier this week, but any bullish momentum has been wiped out by macroeconomic forces. Related Reading: Shiba Predator Cracks Double-digit Gains, How Far Can Price Go? At the time of writing, Bitcoin (BTC) trades at $19,600 with a 2% loss in the last 24 hours and sideways movement across the week. The rest of the crypto market is following the sentiment in the crypto market proving that, once....
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REEF price continues to show the market how it is done as price trends in the green zone for two straight days. REEF trades above key resistance as price breaks out of range holding above 8 and 20-day EMA. The price of REEF eyes a recapture of $0.01 as key resistance was flipped into support. The price of Reef Finance has continued to show its strength as price trends with double-digit gains against tether (USDT) on two separate days in a row. With the crypto market cap bouncing from its weekly low as the market continued to look promising, the price of Reef Finance was not left out as....
Recently, the Anoncoin price experienced a huge increase as investors anticipated the long-awaited release of the anonymizing technology known as Zerocoin. However, the Zerocoin developer announced the project would take 2-3 months longer than anticipated. The announcement blindsided many investors, who immediately began liquidating their holdings. Also Read: Anoncoin Developer Speaks on Zerocoin Implementation. Anoncoin Price Crashes After Developer Delay. Anoncoin. On October 19, Zerocoin developer Gnosis made the announcement that Zerocoin would take longer than anticipated. I....
Bitcoin Price Key Highlights. Bitcoin price has been on a steady decline, erasing most of its sudden gains from earlier in the month. Although bears still seem to be in control, selling pressure could fade once bitcoin price hits support at the $300 mark. Bitcoin price could be due for a quick bounce if profit-taking takes place around the nearby major support zone. Breakdown Possible? Technical indicators seem to be indicating that bearish momentum could stay in play for much longer, as the short-term 100 SMA is below the longer-term 200 SMA. Stochastic is pointing down once more, after....
Bitcoin crashes 20% leading to blood in the streets. A bounce at $28.8k during early evening GMT was followed by a strong surge taking BTC back above $30k. The $30k-$31k zone has proven to be strong support over the past month or so. But can Bitcoin close the day above this level? Currently, market sentiment […]
On Sunday, Binance announced that it will halt 39 liquidity mining pools this week following the latest assessment. As a result of a supposed failure to pass this assessment, these 39 liquidity pools are expected to stop operating on September 1, 2023. Liquidity Pools Stopped By Binance This decision was made due to the platform’s recent liquidity mining performance. The announcement said Binance Liquid Swap will “periodically review listed liquidity pools to concentrate liquidity for our users and ensure optimized trading experience, price and slippage.” Related Reading: Friend.tech....