Bitcoin price started a fresh decline after it failed to stay above $40,000 against the US Dollar. BTC is moving lower and it could even decline towards $35,000 in the near term….
Category: Bitcoin
Could The Golden Ratio Provide Clues To The Bitcoin Bottom?
Bitcoin and other assets often develop support and resistance around Fibonacci levels, either through extensions or retracement. The ratios are based on the Fibonacci sequence, which has ties to the Golden Ratio….
Bitcoin Dips From $40K, Here’s Why Uptrend Is Still Intact In BTC
Bitcoin price started a downside correction from well above $40,000 against the US Dollar. BTC is now trading near a major support at $38,000, where the bulls are currently active. Bitcoin started…
Legendary Technical Analyst John Bolinger
Technical analyst John Bolinger says that the price of Bitcoin is trying to move up. He pointed out that the first real target is the bottom side of the prior. This means…
Bitcoin Bulls Reclaim Cloud But Stormy Days Still Ahead
Bitcoin price is struggling to hold above $40,000 and is now below it. On the three-day timeframe, the top cryptocurrency is also well back within the Ichimoku cloud, suggesting there’s more support…
Bitcoin Consolidates Above Support, Here’s What Could Trigger Fresh Rally
Bitcoin price is trading in a positive zone above the $40,000 level against the US Dollar. BTC is likely to start a fresh rally if it clears the $41,200 resistance zone. Bitcoin…
Bears Begin To Dig Claws Into Crypto Trend
Bitcoin price is on the rebound, but after such a sharp fall and more than 50% retracement, any reversal must be considered a potential bull trap until much higher prices are reclaimed….
Nearly 1% Of Bitcoin Supply Is Now Wrapped In Ethereum
As wrapped Bitcoin approaches 189,000 BTC, the leading form of BTC on Ethereum now makes up for nearly 1% of the total supply of the cryptocurrency. The total supply of WBTC was…
Will A Large Spike In Bullish Sentiment Translate To A Bitcoin Rally?
With such a large spike in bitcoin sentiment recently, a bitcoin rally could be underway. Bitcoin has been fluctuating between $30k and $40k for a while now with no real significant movement…
Bitcoin Is In A “Bear Market”
Hall of Fame investor Richard Bernstein has warned that bitcoin is in a bear market. Richard is the CEO and CIO of Richard Bernstein Advisors. A management fund that manages $4.7 billion…
