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Bitcoin price approaches key support levels to avoid ‘cascade south’
Bitcoin (BTC) clung to $29,000 at the May 27 Wall Street open as crucial support levels lay just hundreds of dollars from spot price. BTC/USD 1-day candle chart (Bitstamp). Source:…
Small Bitcoin whales may be keeping BTC price from ‘capitulation’ — analysis
Bitcoin (BTC) could still see a major price capitulation, but more whales need to start selling first, data suggests. In one of its daily QuickTake market updates on May 27,…
Bitcoin Price Resumes Decline, Why BTC Remains At Risk
Bitcoin spiked below the key $28,500 support zone against the US Dollar. BTC is declining and might continue to move down towards the $27,500 support. Bitcoin is moving lower and…
Falling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first
The cryptocurrency market was hit with another round of selling on May 26 as Bitcoin (BTC) price dropped to $28,000 and Ether (ETH) briefly fell under $1,800. The ETH/BTC pair also…
Ethereum price dips below the $1.8K support as bears prepare for Friday’s $1B options expiry
Ether’s (ETH) performance over the past three months has been less than satisfying for holders and the 50% correction since April 3 caused the altcoin to test the $1,800 support…
Spooky Solana breakdown begins with SOL price facing a potential 45% drop — Here’s why
Solana (SOL) dropped on May 26, continuing its decline from the previous day amid a broader retreat across the crypto market. SOL price pennant breakdown underway SOL price fell by…
Bitcoin ‘good to go up’ after BTC price hits lowest since Terra crash
Bitcoin (BTC) recovered from a major dip at the May 26 Wall Street open as the market quickly exhausted buy support. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Bitcoin volume…
BTC price breakout due ‘relatively soon’ as Bitcoin volumes spook traders
Bitcoin (BTC) disappointed bulls on upside prior to the May 26 Wall Street open as BTC/USD returned under $29,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Markets “eerily calm” post…
Bitcoin Price Remains In Range, Why The Bulls Need To Take Control
Bitcoin retested the key $28,500 support zone against the US Dollar. BTC is rising and the bulls might aim a clear move above the $30,600 resistance. Bitcoin is trading in…
‘Extreme fear’ grips Bitcoin price, but analysts point to signs of a potential reversal
The cryptocurrency market settled into a holding pattern on May 25 after traders opted to sit on the sidelines ahead of the midday Federal Open Market Committee (FOMC) meeting where…