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Tag: Corrections

Why Bitcoin’s Dominance Soared As Altcoins Bleed Out

Bitcoin is moving sideways on the higher range of $30,000 with bullish indicators in lower timeframes. The bulls expect a break-out on the previous support, now turned resistance, around $40,000. In the past day, the first cryptocurrency by market cap recorded a low at $33,000 and currently trades at $38,3000. But while the outlook is […]

Comparing Bitcoin’s (BTC) May 19 Correction to Those In 2017

The Bitcoin (BTC) price has decreased considerably since reaching an all-time high price on April 14.

The post Comparing Bitcoin’s (BTC) May 19 Correction to Those In 2017 appeared first on BeInCrypto.

Bitcoin Crashing to $30K, Elon Musk Talking Dogecoin, and China FUD: The Weekly Recap

This week saw it all - from Elon Musk bashing Bitcoin to recycled China FUD. All of it had BTC drop to $30K and dragging the entire market with it.

Controllability of ionization energy of atoms promises advancements in chemical synthesis

A paper by Kazan Federal University and Tatarstan Academy of Sciences saw light in Physics Letters A Ionization energy is one of the...

Noise Free, Here’s Why Bitcoin’s Fundamentals Remain Intact

Bitcoin has been hit by another succession of FUD. At the time of writing, the first cryptocurrency by market cap sits at the higher area of $30,000. Price action is still choppy and uncertainty about a persistent downside trend appears to be taking a toll on the bulls. A report published by investment firm Coinshares, […]

Ethereum Classic: This indicator’s growth places the alt’s price target at this range

Ethereum Classic has been one of the year's best performers, with the alt recording YTD returns of 1,247% at press time. That is an astonishing figure, especially since the alt, at the time, was 45% o

The post Ethereum Classic: This indicator's growth places the alt's price target at this range appeared first on AMBCrypto.

Why Bitcoin Is No Longer For Everyone

This week, Bitcoin crashed by 50%. Videos spread across TikTok and Twitter of college age men crying as the money that was supposed to go toward tuition was instead evaporated. The market is in chaos. Yet this is nothing for the cryptocurrency asset class. Here’s why the crash was so impactful despite the percentages themselves […]

Ethereum: Watch out for this over the next 24 hours!

Ethereum noted its biggest weekly drawdown since March 2020 after its descent from $43,75 was met at a low of $1880. Several factors played a role during the meltdown, with BTC's decline driving the m

The post Ethereum: Watch out for this over the next 24 hours! appeared first on AMBCrypto.

Cardano Price Prediction: Cardano traders raking yields from price dips

TL;DR Breakdown Cardano price undergoes bullish reversal that pushes it above the 50-day SMA. Apart from ADA, the majority of coins are struggling to overpower the 200-day SMA.  Cardano breaks into a head and shoulder pattern on the 4-hour chart Cardano Price Prediction: General price overview Cardano(ADA) posted a remarkable recovery on the 24-hours daily […]

Putting Things In Perspective: Bitcoin Is Down, But Up 400% YOY

Despite the market crash, ARK Invest Analyst @yassineARK points out that Bitcoin is still +400% up compared to this time last year. A look back to that period shows BTC priced at $9.5k, and uncertainty over the “corona-crash” was dominating sentiment. “Even down 40% from its peak, Bitcoin is up 400% in the last year. […]

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