Current Bitcoin Consolidation Zone Could Act As The Next Bear Market Bottom

Current Bitcoin Consolidation Zone Could Act As The Next Bear Market Bottom

With only a 30% pullback on the books, it is hard to consider the most recent consolidation phase in Bitcoin much of a correction. But whatever base is currently being built within this range, could act as the next bear market botton after the leading cryptocurrency by market cap tops out and the cycle restarts […]


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Bottom Things: Bitcoin Exchange Reserves Fall To December 2018 Low

Bitcoin price is down nearly $10,000 from its 2021 high, but thus far support at $30,000 has held strong. As analysts search for a sign that the bottom of the current correction is in, one important fundamental factor matches up almost perfectly with the December 2018 bear market bottom. Is this the end of the correction and the uptrend will soon resume? Here’s what you need to know. Bitcoin On Exchanges Falls to Lowest Point […]

Why The Next Bitcoin Bear Market May Only Last Months

Bitcoin is still struggling to get back above $60,000, and is sinking lower with each passing day. Another defense at $50,000 might be near, and if bulls cannot support the key level another time, a bear market could follow. According to the momentum of past market cycles, the next bear phase could be a walk […]

Bitcoin price breakout imminent: Why BTC bulls and bears are battling at $52K

Bitcoin must overcome a big hurdle at $52,000 for any chance to break new highs in the short term. Bitcoin's (BTC) price has been consolidating in the previous weeks as the sentiment and momentum have slowed to a crawl. That's very natural, as it's also impossible to throw a six every time. Therefore, consolidation and correction are necessary for the market to recharge before resuming the uptrend. Several reasons were given for such a corrective move in the previous weeks, the primary ones being whales selling in addition to macroeconomic factors, particularly the surge in Treasury....

Bitcoin Takes it in the Shorts (Op-Ed)

It’s a new year and a new crop of obituaries for bitcoin, following a dramatic price decrease over a 48-hour period starting in the wee hours of January 13, almost immediately following a dire warning by ex-Wall Streeter George Samman in this very publication a few days earlier predicting such a collapse was necessary to find the bottom of the current bear market and that the recent price declines were far too orderly. Samman is the co-founder and ex-COO of BTC.sx, a service that lets users short bitcoin (among other financial leveraging instruments). How convenient. It was a well-written....

Markets Update: Bitcoin’s Battle Against the Bear Market

The fiat value of bitcoin has seen a decline over the past 24-hours as the price per BTC dropped from US$1215 to a low of $1140 across major global exchanges. At press time, the price is on the rebound hovering around the $1170-1180 range, but the market is showing no signs of fending off sellers. Bitcoin Price Weekly View: Bear Markets Claw the Value of....