Bitcoin Price Teeters Near The Edge As Bears Eye Another Breakdown

Bitcoin Price Teeters Near The Edge As Bears Eye Another Breakdown

Bitcoin price started a fresh decline below the $73,800 zone. BTC is consolidating and might continue to move down if it dips below $72,500. Bitcoin failed to stay above $74,200 and extended losses. The price is trading below $73,800 and the 100 hourly simple moving average. There was a break below a rising channel with support at $73,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $74,200 and $74,500 levels. Bitcoin Price Turns Red Bitcoin price failed to stay above the $75,000 support zone. BTC remained in a bearish....


Related News

Confirming This Pattern Could Send Bitcoin Rocketing Towards $46,000

Bitcoin has seen mixed price action as of late, with bulls and bears largely remaining at odds while the crypto ranges between $30,000 and $40,000 The cryptocurrency has been quite heavy as of late due to the intensity of each of its recent rejections, which has given bears a slight edge However, $30,000 remains a […]

Bitcoin Price Teeters on Edge, Will Support Finally Snap?

Bitcoin price started a fresh decline from the $69,250 zone. BTC is now struggling to stay above $66,000 and might extend losses in the near term. Bitcoin failed to settle above $68,000 and started a fresh decline. The price is trading below $67,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $67,450 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $67,500 and $67,800 levels. Bitcoin Price Dips Again Bitcoin price failed to stay above the $68,800 zone and....

Bitcoin Price – Behold The Coyote Bear

Bitcoin price teeters on the edge of a precipice like Wily E. Coyote holding onto an anvil. The roadrunner is further up the road at $680. Beyond lies the promised land of bitcoin price $2000. FOMC night is here again. While the 1day and 3day charts remain in a bearish state, we anticipate decline. The 4hr candle chart MACD remains below zero (magenta circle) and RSI keeps reverse diverging from price (blue annotations), which is vanilla flavor bearish in anyone’s TA textbook. The proposal is that the market is denying decline with irrational psychology, but without institutional (whale)....

Ethereum Struggles Below $2,000 As Volume Dries Up And Bears Dominate

Ethereum continues to struggle below the critical $2,000 level, with price losing momentum as volume fades and selling pressure builds. The lack of strong buyer interest leaves the market vulnerable, allowing bears to maintain control while key support levels come into focus. $2,000 Breakdown Signals A Shift In Market Structure Ethereum has just broken below […]

Blockchain Firm Edge Launches Confidential Crypto Mastercard

The San Diego-based cryptocurrency firm Edge has announced the launch of a confidential crypto Mastercard that doesn’t collect KYC data and doesn’t charge transaction fees. Edge’s website notes that there’s “no name or address associated with [the] Edge Mastercard” giving privacy advocates peace of mind. Edge Reveals Privacy-Centric Crypto Mastercard The digital currency firm Edge has announced the launch of the Edge Mastercard, a loadable crypto debit card that doesn’t collect KYC data. Edge revealed the Mastercard on Twitter and....