Bitcoin Investors Quiver As Accumulation Trend Nears Zero

September has started with significant losses for the Bitcoin market after a price decline of 9.16% occurred in the last week based on data from CoinMarketCap. During this period, the price of the largest cryptocurrency has dipped below $53,000 reaching a price low last seen in early August. Interestingly, despite Bitcoin’s low prices, investors are… Continue reading Bitcoin Investors Quiver As Accumulation Trend Nears Zero

Bitcoin Fear & Greed Index Falls To Extreme Fear, Is The Bottom Close?

The recent Bitcoin and crypto market crash has seen prices plunge into the red across the board. As a result, sentiment among crypto investors has plunged rapidly and this has caused the Fear & Greed Index to plunge into the Extreme Fear territory. This suggests that investors are less likely to put money into the… Continue reading Bitcoin Fear & Greed Index Falls To Extreme Fear, Is The Bottom Close?

Bitcoin Fear And Greed Index Falls To ‘Extreme Fear’ As BTC Dips Below $54,000

On Friday, the cryptocurrency market’s Fear and Greed Index plummeted to “extreme fear,” reflecting growing anxiety among investors as the Bitcoin price dipped to a weekly low of $53,700.  This downturn marks a continuation of a broader sell-off that has plagued the market, particularly since Bitcoin struggled to maintain momentum above the critical $60,000 threshold.… Continue reading Bitcoin Fear And Greed Index Falls To ‘Extreme Fear’ As BTC Dips Below $54,000

SUI Rises 8% Amid Market Retrace, Will The Joy Be Short-Lived?

SUI showed a remarkable performance on Friday amid the market retrace. Following Bitcoin’s drop to the $55,000 mark, the cryptocurrency was among the few tokens showing green numbers with an 8% surge. The token’s performance, alongside the network’s developments, has fueled a bullish sentiment among investors. However, some analysts remain cautious of the cryptocurrency, warning… Continue reading SUI Rises 8% Amid Market Retrace, Will The Joy Be Short-Lived?

Why Has Bitcoin Been Bearish Lately? CryptoQuant Head Chimes In

Bitcoin has continued its bearish momentum as its price has now slipped below $56,000. Here’s what could be behind this trajectory, according to CryptoQuant’s Head of Research. Bitcoin On-Chain Metrics Are All Giving Bearish Signals Right Now In a newstruggling recently. “Bitcoin price is down simply because there is no demand growth,” notes the analyst.… Continue reading Why Has Bitcoin Been Bearish Lately? CryptoQuant Head Chimes In

Bitcoin 200-Day Average Signals Waning Bullish Momentum, Here’s What It Means For BTC Price

A key long-term price indicator for Bitcoin, the 200-day simple moving average (SMA) appears to be losing its bullish momentum as the US economy added fewer jobs in August 2024. Bitcoin Must Overcome The 200-Day SMA To Reverse Trend The 200-day SMA is considered one of the more reliable long-term indicators to gauge an asset’s… Continue reading Bitcoin 200-Day Average Signals Waning Bullish Momentum, Here’s What It Means For BTC Price

Crypto Analyst Says It’s September 2016 For Bitcoin Again, What This Means

Crypto analyst CryptoCon stated in his recent market analysis that the Bitcoin current price action is reminiscent of December 2016. He further explained what he meant and provided insights into what to expect from the flagship crypto going forward.   “It Is September 2016 All Over Again For Bitcoin” CryptoCon mentioned in an X (formerly Twitter)… Continue reading Crypto Analyst Says It’s September 2016 For Bitcoin Again, What This Means

Solana To $100 Inevitable After This Break? SOL Forms A Triple Bottom

Like Bitcoin and other top altcoins, Solana continues to sell off at press time, rewinding losses of the first part of the year. At press time, SOL, the native currency of the smart contracts platform, is trading at around $130, retesting a critical support level. As it is, the third-most valuable crypto asset is down… Continue reading Solana To $100 Inevitable After This Break? SOL Forms A Triple Bottom

Arthur Hayes Predicts Bitcoin Price Crash Below $50,000 This Weekend

Arthur Hayes, the co-founder of BitMEX, today expressed a bleak outlook for the Bitcoin price’s immediate future. On his X profile, Hayes revealed his personal market maneuver, stating, “BTC is heavy, I’m gunning for sub $50k this weekend. I took a cheeky short. Pray for my soul, for I am a degen.” Why Hayes Possibly… Continue reading Arthur Hayes Predicts Bitcoin Price Crash Below $50,000 This Weekend

Cardano Bull Sees ADA Jumping 1,000% In An ‘Insane’ Rally

Cardano has been in the limelight lately, not only because it has slightly increased in price but also due to its forecasted surge. According to predictions, ADA may surge up 16% and reach as high as $0.37 by October 2024. But what really drew interest was the bold statement of Cardano analyst Dan Gambardello, that… Continue reading Cardano Bull Sees ADA Jumping 1,000% In An ‘Insane’ Rally