Bitcoin price action will seal monthly losses over 40% for the first time in 11 years if it closes at $19,000. Bitcoin (BTC) drifted further downhill into the June 30…
Continue ReadingMore downside pressure across crypto amid challenging regulatory events in both the U.S. and Europe. Bitcoin (BTC) lost 3% in an hour and Ether (ETH) drifted toward $1,000 on June…
Continue ReadingMarkets beyond the euro slow to react as Europe acknowledges higher inflation may be permanent. Bitcoin (BTC) held steady at just above $20,000 after the June 29 Wall Street open…
Continue ReadingNo let-up in risk assets means Bitcoin faces more selling pressure, but hope remains that a key moving average could soon see a challenge. Bitcoin (BTC) returned under $20,000 on…
Continue ReadingCurrent BTC price levels are being keenly eyed as a prime site for a macro Bitcoin price trend reversal. Bitcoin (BTC) played wait-and-see with traders on June 28 as Wall…
Continue ReadingBitcoin looks like a different planet this year, according to several popular on-chain metrics. Bitcoin (BTC) bear markets come in many shapes and sizes, but this one has given many…
Continue ReadingLUNA2 may have bottomed in June but who just who is buying this controversial token? The price of Terra (LUNA2) has recovered sharply nine days after falling to its historic…
Continue ReadingSomeone is buying the dip with conviction as the start of Wall Street trading drags the market lower. Bitcoin (BTC) sold off into the June 27 Wall Street open as…
Continue ReadingCryptocurrency-related lending has become a black smudge for the industry these days and according to a recent report, bitcoin’s low price has put billions in mining loans under stress. The…
Continue ReadingTraders brace for fireworks in July thanks to macro triggers while BTC price action is on track for a historic monthly close below the 200-week moving average. Bitcoin (BTC) starts…
Continue ReadingDip-buying appears to be in full swing among whales, new data shows, but analysts remain wary on the outlook for the short term. Bitcoin (BTC) made the most of weekend…
Continue ReadingInterestingly, Ethereum has not reclaimed its all-time high against Bitcoin since June 2017 despite the NFT craze. Ethereum’s native token Ether (ETH) has declined by more than 35% against Bitcoin…
Continue ReadingBitcoin bulls still have a battle on their hands in low-volume weekend trading, analysis warns, while altcoins preserve multi-week record gains. Bitcoin (BTC) focused on $21,000 into the weekend amid…
Continue ReadingThe 200-week moving average is back on the menu for BTC/USD, but altcoins are shining as the week ends. Bitcoin (BTC) headed toward the upper end of its trading range…
Continue ReadingInvestors need a plan to cater for every eventuality, as analysts still focus on $16,000 as a downside target. Bitcoin (BTC) preserved $20,000 for another day on June 23 with…
Continue ReadingShort-term hodlers may be done with the bulk of their panic selling, while the Mayer Multiple shows buying the dip has rarely been more profitable. Bitcoin (BTC) could have already…
Continue ReadingBitcoin has not seen a full-blown recession since it was launched as a response to the 2008 global financial crisis. Bitcoin (BTC) was a response to the 2008 global recession.…
Continue ReadingTestimony from the Fed Chair provides no surprises while risk assets meander on the Wall Street open. Bitcoin (BTC) checked losses while United States equities drifted down on June 22…
Continue ReadingBitcoin bulls lose their grip as BTC price action remains firmly below a key long-term trendline. Bitcoin (BTC) saw a dramatic change of mood into June 22 as multi-day highs…
Continue ReadingCrypto markets make the most of respite after BTC price action bounces from its lowest since November 2020. Bitcoin (BTC) saw continued strength on June 21 as Wall Street trading…
Continue ReadingHodlers have not needed to hodl hard enough, data covering historical bear markets shows. More than half of Bitcoin (BTC) addresses are still in profit, raising questions about the severity…
Continue ReadingThe price of bitcoin has made a remarkable recovery above $20,000 after a brutal week riddled with crashes. These dips had driven decentralized finance (DeF)/ lending protocol Celsius, to the…
Continue ReadingThe shocking Bitcoin withdrawals appeared as BTC‘s extended its decline below $20,000 over the weekend. Canada‘s Purpose Bitcoin ETF (BTCC) witnessed its Bitcoin (BTC) holdings slashed by half in just…
Continue ReadingAt least some were buying the dip below $20,000, data shows, while PlanB fields fresh criticism of his Stock-to-Flow BTC price models. Bitcoin (BTC) held steady at the June 20…
Continue ReadingBitcoin manages a weekly close above $20,000, but the market is on a knife edge — can miners hold out this week? Bitcoin (BTC) starts a new week still battling…
Continue ReadingIt feels like 2018 all over again as Bitcoin‘s old multi-year resistance level comes back with a vengeance. Bitcoin (BTC) attempted to reclaim $20,000 as support on June 19 as…
Continue ReadingA brutal day of losses unfolds as Bitcoin crosses under its previous cycle high for the first time in history. Bitcoin (BTC) achieved a bear market first on June 18…
Continue Reading$20,000 is being keenly watched while big buys from 2020 stand between spot price and the lowest Bitcoin bottom estimates. Bitcoin (BTC) survived another night without breaking $20,000 on June…
Continue ReadingDark days for crypto institutional investors as contagion fears are magnified and asset prices tumble. The largest Bitcoin investment vehicle, the Grayscale Bitcoin Trust (GBTC), is now trading at its…
Continue ReadingThe Fed rate hike does not offer much relief as a downtrend in stocks resumes, dragging Bitcoin with it. Bitcoin (BTC) ran out of steam near $23,000 on June 16…
Continue Reading$20,000 feels scary, but it may not be the end of the story for Bitcoin’s latest bear cycle. Bitcoin (BTC) near $20,000 is worrying the market, but after narrowly avoiding…
Continue ReadingHodlers catch their breath as markets digest the prospect of higher Fed rate hikes, but traders refuse to believe that Bitcoin is done dropping. Bitcoin (BTC) spared hodlers the pain…
Continue ReadingBitcoin mining profitability has plummeted by more than 75% from the market peak, and is now at its lowest level since October 2020. Bitcoin Price Plummets Further Bitcoin’s price plummeted…
Continue ReadingTraders are nervous, data suggests, and a further drop could spark a chain reaction as exchange users rush to liquidate their BTC holdings. Bitcoin (BTC) could be on the verge…
Continue ReadingBTC price action is back above the 200-week moving average, but the Fed may still sour the mood. Bitcoin (BTC) crept higher after the June 14 Wall Street open as…
Continue ReadingMichael Saylor is anything but panicky as Bitcoin price weakness adds to MicroStrategy share price pressure. Bitcoin (BTC) megahodler MicroStrategy can ride out further BTC price declines, even if it…
Continue ReadingCarnage for short-term traders and speculators as volatility destroys both long and short positions on the way to $20,000. Bitcoin (BTC) came within $1,000 of its previous cycle all-time highs…
Continue Reading$22,400 marks the start of possible bottom territory, consensus says, but the downside targets technically extend all the way to $11,000. Bitcoin (BTC) is trading at its lowest since mid-December…
Continue ReadingNew generation Bitcoin mining machines would remain profitable even if the BTC price crashes by another 50%. Older Bitcoin (BTC) mining rigs are finding it difficult to generate positive revenues…
Continue ReadingThe crypto sell-off is in full swing and Wall Street has not even opened yet. Bitcoin (BTC) faced continued selling pressure before the June 13 Wall Street open as Ether…
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