Bitcoin – Page 443

Binance Top Traders Go Short On Bitcoin At $60,000, What’s Going On?

Posted on September 17, 2024 by ante — No Comments ↓

Crypto analyst Ali Martinez has revealed the bearish sentiment among Binance’s top traders towards Bitcoin. This development suggests that the flagship crypto might soon experience significant downward pressure. Binance Top Traders Are Shorting BTC Martinez revealed in an X (formerly Twitter) post that 51.41% of the top traders on Binance are shorting Bitcoin. This indicates… Continue reading Binance Top Traders Go Short On Bitcoin At $60,000, What’s Going On?→

Ethereum-Bitcoin Ratio Breaks 0.04 Barrier: Could Altcoins Be At Risk?

Posted on September 17, 2024 by ante — No Comments ↓

Today’s Ethereum-Bitcoin (ETH/BTC) trading pair slid below 0.04, a level last seen in April 2021. The declining ETH/BTC ratio could have multiple implications for the wider altcoin market. Altcoins Might Suffer Due To Weak Ethereum One of the key indicators to gauge the resiliency of the altcoin market is the ETH/BTC ratio. The ratio essentially… Continue reading Ethereum-Bitcoin Ratio Breaks 0.04 Barrier: Could Altcoins Be At Risk?→

Bitcoin Investors Succumb To Fear As BTC Erases $60,000 Weekend Recovery

Posted on September 17, 2024 by ante — No Comments ↓

Data shows that the sentiment of the Bitcoin market has switched to fear after the retrace. BTC has seen a $58,000 level during the past day. Bitcoin Fear & Greed Index Is Pointing At ‘Fear’ Now The “Fear & Greed Index” is an indicator created by Alternative that tells us about the general sentiment among… Continue reading Bitcoin Investors Succumb To Fear As BTC Erases $60,000 Weekend Recovery→

Bitcoin Price at Risk of Further Downside: Will Bears Tighten Grip?

Posted on September 17, 2024 by ante — No Comments ↓

Bitcoin price started another decline from the $60,650 resistance. BTC is now at risk of more downsides below the $57,500 support zone. Bitcoin is correcting gains and gaining bearish pace below the $59,000 level. The price is trading below $58,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming… Continue reading Bitcoin Price at Risk of Further Downside: Will Bears Tighten Grip?→

Bitcoin Alert: Analyst Predicts New ‘Blood Monday’ With 0.50% Fed Rate Cut Looming

Posted on September 17, 2024 by ante — No Comments ↓

As Bitcoin (BTC) grapples with a challenging market environment, it has struggled to regain momentum, hovering around the $53,000 and $60,000 levels for six consecutive weeks. After losing the crucial $70,000 threshold on August 1, the largest cryptocurrency remains at risk of further declines, particularly with the upcoming Federal Reserve (Fed) meeting on September 18,… Continue reading Bitcoin Alert: Analyst Predicts New ‘Blood Monday’ With 0.50% Fed Rate Cut Looming→