Tag Archives: Bitcoin

Bitcoin Momentum Indicators Are All Showing Death Cross: Say Hello To Bear Market?

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Data shows three popular Bitcoin momentum indicators recently formed a death cross pattern. Here’s what usually follows this formation. Bitcoin Momentum Indicators Have Seen Bearish Crossovers Recently In a new CryptoQuant Quicktake moving averages (MAs) related to the cryptocurrency. The first is the “Active Address Momentum,” which involves the 30-day and 365-day MAs of the… Continue reading Bitcoin Momentum Indicators Are All Showing Death Cross: Say Hello To Bear Market?→

Trump’s Vision: America To Reign As Crypto And Bitcoin Epicenter, Latest Statement Reveals

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As the November elections draw near, former President Donald Trump is ramping up his support for Bitcoin and the broader cryptocurrency industry, positioning digital assets as a central theme in his campaign for the White House.  America As The Bitcoin Capital During a recent address at the Economic Club of New York, Trump articulated his… Continue reading Trump’s Vision: America To Reign As Crypto And Bitcoin Epicenter, Latest Statement Reveals→

THORChain Hard Forks: Why Is RUNE Down 70% And Still Dumping?

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THORChain, a cross-chain decentralized exchange using Cosmos technology, successfully conducted a hard fork yesterday, September 4. However, while the update was highly anticipated, sellers still needed to press on, looking at the formation in the daily chart. RUNE Slumps, Drops 70% In 6 Months According to CoinMarketCap data, RUNE, the native currency of the THORChain… Continue reading THORChain Hard Forks: Why Is RUNE Down 70% And Still Dumping?→

Bitcoin Price Struggles: Can Bulls Step In to Save the Week?

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Bitcoin price declined and retested the $55,600 support zone. BTC is now struggling and might face hurdles near the $57,000 resistance level. Bitcoin is struggling to recover above the $57,750 zone. The price is trading below $57,200 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at… Continue reading Bitcoin Price Struggles: Can Bulls Step In to Save the Week?→

Bitcoin Forecast: BTC Price Could Crack $50,000 If This Important Level Does Not Hold

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Bitcoin (BTC) has been on a severe downward trend for the past few months, experiencing multiple price fluctuations amidst broader market volatility. A crypto analyst has predicted that Bitcoin could witness an even steeper drop to $50,000 if its price does not hold this key support level.  Bitcoin Risks $50,000 Drop If Support Fails Elja… Continue reading Bitcoin Forecast: BTC Price Could Crack $50,000 If This Important Level Does Not Hold→

What Was Behind The Bitcoin And Ethereum Price Crash?

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Bitcoin (BTC) and Ethereum (ETH) have started September in the red, having already suffered price declines since the beginning of the month. This bearish sentiment towards the foremost cryptocurrencies and, by extension, the broader crypto market is due to several macroeconomic factors. Market Still Feeling The Effects Of The Yen Carry Trade Recent developments suggest… Continue reading What Was Behind The Bitcoin And Ethereum Price Crash?→

100% Accurate Bitcoin Bottom Signal Hits: Time to Buy?

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Crypto analyst Astronomer, known by the handle @astronomer_zero on X, has put forth a potentially compelling bottom signal for Bitcoin, which hinges on the electricity costs incurred by miners to produce BTC. According to him, this particular metric has historically served as a reliable indicator for identifying optimal buying opportunities within Bitcoin’s price cycles. Is… Continue reading 100% Accurate Bitcoin Bottom Signal Hits: Time to Buy?→

XRP Rides High As Major Japanese Exchange Adds Support—Details

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Japanese cryptocurrency exchange CoinCheck made headlines with the intention of listing XRP, which is the seventh-biggest digital currency, alongside five other cryptocurrencies. Made on X, this announcement signals a turning point for XRP particularly in light of Ripple’s most recent court triumph over the US Securities and Exchange Commission. Ranked 48th on CoinMarketCap, the exchange… Continue reading XRP Rides High As Major Japanese Exchange Adds Support—Details→

Analysts Predict The Start Of Crypto’s First Ever Secular Bear Market

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A new narrative is emerging among seasoned crypto analysts who are now forecasting the advent of the industry’s first ever secular bear market. This prediction suggests a sweeping transformation could be imminent, characterized by a prolonged downturn lasting potentially for years, diverging from the relatively short-term cycles typically associated with the crypto market. Crypto’s First… Continue reading Analysts Predict The Start Of Crypto’s First Ever Secular Bear Market→

Crypto Analyst Says The Bitcoin ‘Summer Chop’ Is Nearing Its End, Here’s Why

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Summers have historically been very bearish for the Bitcoin price, and the year 2024 has been no different. Since summer began in June, the price of Bitcoin has been very weak, with multiple flash crashes rocking the pioneer cryptocurrency at various points. So far, the Bitcoin price has gone from over $70,000 to below $50,000… Continue reading Crypto Analyst Says The Bitcoin ‘Summer Chop’ Is Nearing Its End, Here’s Why→