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Tag: bearish

Bullish For Bitcoin: BTC Supply Slowly Shifts From Whales Toward Smaller Entities

New data shows that the amount of Bitcoin held by smaller entities has grown significantly. Meanwhile, during...

Bitcoin Eyes $14K as US Dollar Breaks Below Classic Support

Bitcoin pressed higher on Wednesday after finding reliable support at $10,500. The upside move appeared as the US...

This Newly Formed Structure Could Cause Bitcoin to See Major Losses

Bitcoin and the aggregated cryptocurrency market are currently in a precarious position following the series of strong...

Here’s Why Traders are Growing Cautious About Ethereum’s Uptrend

Ethereum has witnessed some incredibly mixed price action throughout the past few weeks After rallying up to highs...

Bitcoin is Overvalued at $11,000, Analyst Explains Why

Bitcoin stands overvalued at $11,000 in the short-term, according to analysts at Phi Deltalytics. The statement followed a...

XRP Posts Classic “Bearish Retest” Pattern as Analysts Eye Lower Lows

XRP has been able to post some notable gains throughout the past couple of days Its recent upswing...

Cryptocurrency News Roundup for Aug 3, 2020

Bitcoin started the week on a positive note after an unusually volatile weekend by recent standards. The BTC/USD price temporarily reached...

Ethereum-Bitcoin correlation continues to be consistently inconsistent

The relationship between Bitcoin and Ethereum has always been an intriguing one. They are, undoubtedly, two of the market’s most important crypto-assets due...

Bitcoin: Was 10% price drop triggered by a well-laid bull-trap?

After ascending all the way to $12,000 on 1 August, Bitcoin registered its most significant daily pullback since the 8.24 percent drop on...

Bitcoin SV short-term Price Analysis: 03 August

Disclaimer: The findings of the following analysis should materialize over the next 24-48 hoursBitcoin SV, just like the rest of the market, was...

VeChain, Tron, Litecoin Price Analysis: 03 August

The collective digital asset market suffered a major blowout at the top after Bitcoin and Ethereum noted massive sell-offs. At the time of...

Bitcoin Suffers Enormous Drop After Breaking $12,000

The Bitcoin (BTC) price created a massive bearish engulfing candlestick on August 2, possibly indicating that the upward move has ended and...

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