Bitcoin may be up 7.5% since Friday, but BTC price action is not giving everyone cause for positivity.
Category: Market Analysis
4 alarming charts for Bitcoin bulls as $27K becomes formidable hurdle
The price of Bitcoin can fall to $15,000 in 2023 if its strengthening correlation with certain macro charts is any indication.
BTC price bounces at $25.8K lows amid warning over low whale interest
Bitcoin traders line up “safe” support levels, but order book data makes one observer uneasy about the future.
Bitcoin’s dive under $27K liquidates $100M — So why aren’t margin traders flipping bearish?
BTC price falls below the 55-day support level at $27,000, but futures market resilience sparks hope for a recovery toward $28,000.
‘Don’t short when it’s dark green’ — How to trade the 2024 Bitcoin halving
Bitcoin is setting up a classic four-year buying opportunity, commentators say, with the next halving just one year away.
Bitcoin enters $26K ‘bearadise’ as BTC price approaches 2-month lows
BTC price action is now retesting its key 200-week moving average after holding it as support since March.
BTC price risks $27K loss as Bitcoin trend lines brew ‘bullish cross’
BTC price action offers little relief to Bitcoin bulls despite U.S. macro data releases showing inflation subsiding.
Bitcoin bears need BTC price to go below $27K ahead of Friday’s $900M options expiry
Bitcoin price giving up ground over the past week to slide below $28,000 has put bears in a better position for Friday’s expiry.
Bitcoin fees plummet 95% as BTC price recovers from US gov’t scare
Bitcoin was not subject to U.S. government selling this week, analysis shows, but BTC price action remains pressured.
Ethereum derivatives flirting with bearishness: Mind the $1,820 support
The failed rally above $2,000 on May 6 has proven that ETH bulls are nowhere near comfortable adding leveraged longs.