Bitcoin (BTC) has bounced at a Fib support level after breaking down from a short-term structure. The direction of the trend is still unclear. BTC fell significantly on May 18, creating an engulfing bearish candlestick. The
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Bitcoin (BTC) has been consolidating just below the $30,500 area over the past five days and short-term readings suggest that the price will not be successful in moving above the area, rather it will break down
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Bitcoin failed at decisively overcoming $31,000 and has retraced by over $1,000 to a familiar ground of approximately $30,000. Most altcoins are also slightly in the red today, with Ethereum fighting to stay above $2,000.
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One of the most commonly used sentiment indicators shows nothing but fear among investors A famous fear and greed index from Alternative.me hit the lowest point since the middle of 2019 when it fell to
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Despite 60% retrace, long-term holders are still in business Jurrien Timmer, global macro director at Fidelity provided many metrics on Bitcoin’s current place in the market and its potential for a reversal. According to Timmer,
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The Luna Foundation recently released a statement citing the balances on their reserves as the platform’s Bitcoin reserves made a huge noise of let. The thread documented how the platform disbursed millions of dollars worth
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Bitcoin's drop below $20,000 may cause a catastrophe on the market, but with this whale's buying power, we may not see BTC dropping to it at all The CEO of CryptoQuant offered a solution to
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The rollercoaster that transpired in the past seven days resulted in another weekly candle closed in the red for bitcoin. As such, the cryptocurrency made history in a rather negative week as this is the
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Famed value investor and fund manager Bill Miller says he has “a lot” of bitcoin and has not sold any despite the recent crypto sell-off. He insisted that investors should put some of their liquid
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After the collapse of Terra’s once-stable coin terrausd (UST), a number of people wondered where the Luna Foundation Guard’s (LFG) bitcoin went, as the funds were supposed to be used to defend UST’s $1 parity.
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