
Bears Refuse To Budge As Bitcoin Struggles To Reclaim $20,000
Bitcoin has been taking hit after hit from bears who want to see the price of the digital asset crumble to its lowest point. This has led to struggles on the part of bitcoin to keep up its price. However, with so many events working against the crypto industry and a large number of investors pulling out of the market, the digital asset has had a hard time maintaining its price above its last cycle high. Bitcoin Falls Below $20,000 Bitcoin’s price has now fallen below $20,000 for the third time this year with so many hurdles in between. After struggling to maintain $22,000, the bears had....
Related News
Ethereum (ETH) has seen underwhelming price action this year, disappointing analysts and investors who expected a massive breakout. Instead, ETH is now trading at its lowest levels since October 2023, as bears maintain control and bulls struggle to reclaim momentum. The $2,000 level remains a critical barrier, and ETH must reclaim it soon to prevent […]
On-chain data shows the Bitcoin supply older than 1 year hasn’t moved much recently despite the uncertainty due to the war. Bitcoin Hodlers Stay Strong As They Refuse To Move Their Supply According to the latest weekly report from Glassnode, the BTC supply older than a year hasn’t shown much movement recently, suggesting that conviction […]
Cardano’s (ADA) bullish momentum is losing steam as bearish pressure mounts, forcing the price to retreat from the critical $0.8119 level. After a promising attempt to push higher, ADA bulls are now struggling to maintain control, with sellers stepping in to reclaim dominance. The recent rejection of this key resistance suggests that downward pressure is building, raising concerns about whether the altcoin can hold its ground or slip further. With technical indicators hinting at growing weakness, the focus now is on the next support zones to determine if a deeper correction is on the....
Bitcoin price is now trading at nearly $3,000 less than the high set earlier in the week, just shy of setting a new all-time record for the cryptocurrency. After a few strong attempts by bulls to get back above $17,000, bears might have flipped the zone into strong resistance, and are now making a stand […]
Bitcoin has lost crucial support levels as the market struggles to find demand, allowing bears to gain momentum. Analysts are calling for further corrections, with fear dominating sentiment across the crypto market. Bitcoin has now dropped over 28% from its late January highs, and concerns are mounting that bears could take prices even lower in […]