Tag Archives: crypto

Here’s Why Bitcoin Price Crashed Below $54,000

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The Bitcoin price dropped below $54,000 on September 6 as the flagship crypto experienced a massive wave of sell-offs from traders. This price decline was sparked by developments on the macroeconomic side, which painted a bearish outlook for Bitcoin.  Bitcoin Slides Following Weak Job Report Bitcoin’s price retreated following a weak August job report. Data… Continue reading Here’s Why Bitcoin Price Crashed Below $54,000→

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

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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?→

Solana On watch: SOL Price Could Crash To $90 If This Happens

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As the first week of September concluded, the Solana (SOL) price settled at $124, raising concerns for investors as the fifth largest cryptocurrency risks breaching the critical $100 threshold.  According to market analyst Ali Martinez, recent technical analysis indicates that a sustained close below the channel’s lower boundary at $126 could trigger a significant price… Continue reading Solana On watch: SOL Price Could Crash To $90 If This Happens→

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

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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→

Ethereum Enters Oversold Territory, Can The Pump Send It To $6,000?

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Recent developments show that second-largest crypto by market cap, as it looks set for a price rally that could send it as high as $6,000.  ETH Ready For Liftoff Having Entered Oversold Territory relative strength index (RSI) is in or near oversold territory on the 3-day chart.  While it remains to be seen whether it… Continue reading Ethereum Enters Oversold Territory, Can The Pump Send It To $6,000?→

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

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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

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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→

Shiba Inu Recovery To $0.000081 ATH Levels Still In Play

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Meme coin Shiba Inu now finds itself trading between a narrow range of $0.000013 on the support side and $0.00001370 on the resistance side in the past 48 hours. This consolidation price action has emerged after a decline that saw SHIB fall from $0.00001600 in the last week of August. This notable decline has culminated… Continue reading Shiba Inu Recovery To $0.000081 ATH Levels Still In Play→

Dogecoin Moving Averages Say Accumulation Has Ended, Here’s Where Price Is Headed Next

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Dogecoin entered an extended accumulation range after hitting a new yearly peak in May 2024. Since then, the price has fluctuated widely, presumably giving investors time to enter back into the meme coin at lower prices. However, with the market on a decline and expectations for a recovery on the horizon, Dogecoin investors seem to… Continue reading Dogecoin Moving Averages Say Accumulation Has Ended, Here’s Where Price Is Headed Next→

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

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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→