Cardano (ADA) price witnessed an extended extension with a descending angle formed on June 27, when the price was at $0.52. Since then, ADA has gradually retreated to find support at $0.44. However, ADA may slowly return to the green, as its price rose throughout the weekend session after falling to $0.43 on Friday. Cardano …
Cardano (ADA) Looks To Recover After Sliding To $0.43 Read More »
Michael Perry, a former hedge fund manager, made another bearish prediction for Bitcoin and traditional stocks. Famous for his short position preceding the US housing market crash, and one of the periods in the world’s modern economic history, Bury believes more pain will come on the price of Bitcoin in the future. Related reading | …
Bitcoin Could Collapse Another 50%, Says Michael “Big Short” Burry Read More »
The previous trend of Bitcoin’s actual/realized price ratio may be forming a pattern that could point to a potential bottom for the cryptocurrency at $17K. Bitcoin’s actual/realized price ratio is currently 0.8 As pointed out by an analyst at CryptoQuant MailThe historical data of this BTC ratio could have interesting implications for the current market. …
Bitcoin sets new record trends with the bear market. This comes on the heels of a bull market that also deviated significantly from its predecessors, so it is no surprise that the subsequent near market reverses this behavior. Several new trends in bitcoin’s movement have cemented a bearish picture of the digital asset, and the …
New Bitcoin Record Paints Incredibly Bearish Picture As BTC Struggles At $19,000 Read More »
Goldman Sachs Analysts Believe Bitcoin and the cryptocurrency market could see some respite, but only more short and medium-term turmoil. A recent report by banking institutions claims that the cryptocurrency market is moving in tandem with the US stock market, and thus has been affected by the macroeconomic environment. Related reading | Why Bitcoin Could …
Why Bitcoin Could Return To $28,000, But By The End Of 2022 Read More »
Ethereum fell below the $1,150 area against the US dollar. ETH is now at risk of further losses if it stays below the key $1,200 pivot area. Ethereum started a fresh decline below the $1,220 and $1,200 levels. The price is now trading under $1,200 and the 100 hourly simple moving average. There is a …
Ethereum Topside Bias Vulnerable If It Continues To Struggle Below $1.2K Read More »
Bitcoin’s “delta capitalization” pattern may indicate that around $15,000 may be a potential bottom for the cryptocurrency’s price. Previous Delta Cap Trend Shows Bitcoin May Still Face More Downside Before Bottom As explained by an analyst at CryptoQuant MailThe market capitalization of Bitcoin is now below the maximum achieved, but still above the delta ceiling. …
$15k Possible Bottom For Bitcoin? “Delta Cap” Says So Read More »
Ethereum (ETH) traded alongside risky assets in the last session of the first half of the year, due to persistent fears of rising inflation and higher interest rates. Some analysts say this could set the stage for further declines as the third quarter approaches. After a four-day losing streak, ETH price fell nearly 6 percent …
Ethereum (ETH) Bends Toward $1,000 As Doubt Fills Crypto Markets Read More »
Best-selling author Robert Kiyosaki gave his followers a “rich dad lesson” on Bitcoin. Via his official Twitter account, the writer distinguished between “winners” and “losers” in the cryptocurrency market. Related reading | Reports: FTX Targeting BlockFi Purchase at $25 Million At the time of writing, Bitcoin has lost significant support as it broke below $20,000 …
Why Rich Dad, Poor Dad Author Will Wait For Bitcoin To Drop To $1,100 Read More »
Ethereum struggles below $1,100 against the US dollar. ETH could continue falling below the $1,000 support unless there is a clear move above the $1,100 area. Ethereum remains in a bearish zone below $1,120 and $1,100. The price is now trading below $1,120 and the 100 hourly simple moving average. There was a break above …
Ethereum Trims Gains, Why ETH Remains At Risk Below $1,100 Read More »