Tag Archives: Bitcoin correction

Bitcoin Trader Unrealized Profit Margins At High Levels – Risk Of Correction?

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Bitcoin set a new all-time high yesterday, reaching $93,483, continuing its impressive rally without significant setbacks. Over the past nine days, the crypto leader has surged with minimal dips, not falling more than 5% during this bullish phase. This relentless price action has drawn widespread attention as Bitcoin defies expectations and resists any notable pullback.… Continue reading Bitcoin Trader Unrealized Profit Margins At High Levels – Risk Of Correction?→

Bitcoin Could See ‘One Last Shakeout’ In November, Here Are The Levels To Watch

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Bitcoin (BTC) has recorded a remarkable surge in the past 14 days, nearing the $70,000 mark earlier this week. However, some market watchers shared their worries about the recent retraces, suggesting the cryptocurrency could face another correction ahead of the US Presidential election. Bitcoin To Face Another Shakeout Soon This ‘Uptober,’ Bitcoin has recorded a… Continue reading Bitcoin Could See ‘One Last Shakeout’ In November, Here Are The Levels To Watch→

Is This Cycle’s Bitcoin Bottom In? Analysts Forecast BTC Bounce Back

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As May 1st started, Bitcoin (BTC) faced a new correction that made the price stumble under the $60,000 support level. The flagship cryptocurrency has seen several retraces during this bull cycle, with BTC swiftly recovering the crucial support zones each time. However, in the past 24 hours, the largest cryptocurrency by market capitalization has struggled… Continue reading Is This Cycle’s Bitcoin Bottom In? Analysts Forecast BTC Bounce Back→

Analysts Bullish On Bitcoin Despite Peter Schiff’s $20,000 Doom Scenario

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Over the weekend, the Bitcoin (BTC) crash had the crypto community on its toes. With the price dropping to $60,000, many investors worried that the flagship cryptocurrency was in trouble ahead of the “Halving” event. Amid the correction, Bitcoin critic Peter Schiff claimed that his previous predictions regarding spot Bitcoin ETFs (exchange-traded funds) were correct… Continue reading Analysts Bullish On Bitcoin Despite Peter Schiff’s $20,000 Doom Scenario→