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Bitcoin Technical Analysis: Bearish Momentum Meets Critical Support
30.9.2024
Bitcoin’s price has entered a critical juncture, with the leading crypto asset showing signs of consolidation after a sharp sell-off from its high of $66,000. On September 30, 2024, the price stabilized around $63,682, supported by mixed technical indicators across various timeframes. The potential...
Ethereum Technical Analysis: ETH Faces Bearish Momentum With Potential for Short-Term Recovery
5.8.2024
On August 5, 2024, ethereum’s price action has been dominated by strong bearish sentiment across multiple timeframes. While short-term consolidation suggests some indecision, the overall market indicators point towards continued downward pressure. With critical support levels approaching...
Bitcoin (BTC) Faces Downside Threat from Altcoins Like Solana (SOL) & Borroe Finance ($ROE)
3.1.2024
Bitcoin (BTC) will need to hold the psychological price of $40,000 to avoid a bearish momentum, given that the leading cryptocurrency recently retested this level. On the other hand, Borroe Finance ($ROE) and Solana (SOL) continue to experience a significant uptrend despite BTC facing a downside...
Zilliqa continues bearish momentum: Should you buy ZIL in 2022?
14.11.2022
Many experts are bullish about the crypto markets, but no one expects it to recover in the short term. The FTX liquidity crisis became a major issue of the downfall when the crypto market started to recover from its yearly low. Before the end of this year, most cryptos formed a yearly low after...
Bitcoin Price Outlook for November — FTX Crisis Fuels Bearish Momentum
10.11.2022
It’s fair to say that the first ten days of November have been nothing short of historic in cryptocurrency markets. The turmoil surrounding FTX, and its all-but-confirmed collapse, seems to have eclipsed both Luna and Celsius, who also capitulated earlier this year. The impact of this...
Bitcoin, Ethereum Technical Analysis: ETH Hits 3-Week Low as Bearish Momentum Increases Following The Merge
16.9.2022
Ethereum moved to a three-week low on Friday, as market sentiment remained bearish following the completion of The Merge. The world’s second largest cryptocurrency dropped below $1,500 today, less than 24 hours after the historic migration from proof-of-work (PoW), to a proof-of-stake (PoS)...
Bitcoin and Ethereum Gain Bearish Momentum, Altcoins Slide
10.8.2022
Bitcoin price started another decline below the USD 23,500 support zone and moved below the USD 23,000 level. It is currently (04:03 UTC) trading near USD 22,900 and is down over 4% in a day and almost 1% in a week.
Similarly, most major altcoins are gaining bearish momentum. ETH is down 6%...
Bitcoin, Ethereum Technical Analysis: BTC Below $20,000, ETH Slips Under $1,000
18.6.2022
Bitcoin fell below $20,000 on Saturday, as the sell-off in cryptocurrency markets continued to start the weekend. ETH was also trading below a key level, as prices fell below $1,000 for the first time in over 18 months. Bitcoin Bitcoin fell below $20,000 on Saturday, as bearish momentum extended...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Lower as Bearish Momentum Returns on Friday
17.6.2022
Following a slight surge in price, bitcoin was trading lower on Friday, as bearish momentum returned to crypto markets. BTC was once again nearing the $20,000 level in today’s session, while ETH fell below $1,100 earlier in the day. Bitcoin BTC moved lower in Friday’s session,...
Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,800, BTC Once Again Falls Under $30K
2.6.2022
Despite a strong start to the week, bitcoin fell below $30,000 on Thursday, as crypto bears returned to action. Following an uncertain day of trading yesterday, bearish momentum has taken charge of markets, with ETH also in the red. Bitcoin Following a strong start to the month, BTC fell lower...
Bitcoin and Ethereum Gain Bearish Momentum, Altcoins in Red
7.4.2022
Bitcoin price remained in a bearish zone and declined below the USD 43,500 support. It is currently (04:07 UTC) down over 4% and is trading near USD 43,300.
Besides, most major altcoins are gaining bearish momentum. ETH is down almost 5% and there was a move below the USD 3,200 support....
Bitcoin, Ethereum And Altcoins Resume Decline
20.9.2021
tradingview.com/symbols/ETHUSD/">ETH declined below the USD 3,300 and USD 3,220 support levels. XRP is gaining bearish momentum below USD 1.02 and USD 1.00. ADA declined 9% and it even traded below USD 2.20.Total market capitalization Source: https://www.tradingview.com/Bi
Bitcoin Tests New Lows, Ethereum and Altcoins Gain Bearish Momentum
21.6.2021
Bitcoin price failed to recover and it extended its decline below USD 34,000. BTC even traded below the USD 33,500 and USD 32,200 support levels. It is currently (14:09 UTC) showing bearish signs and it might extend losses below USD 32,000.
Similarly, most major altcoins are gaining bearish...
Bitcoin, Ethereum, and Altcoins Gain Bearish Momentum
26.1.2021
Bitcoin price made an attempt to recover above USD 32,500, but it failed to gain momentum. BTC started a fresh decline and traded below the USD 32,000 support level. It is currently (13:00 UTC) trading below USD 32,000 and it could even dive towards USD 30,500.
Similarly, most major altcoins...
Bitcoin Slides Towards USD 18K, Altcoins Gain Bearish Momentum
9.12.2020
After a long battle, bitcoin price started a bearish wave below the USD 19,000 support level. BTC broke the USD 18,500 support level and moved into a short-term bearish zone. The price is currently (05:00 UTC) down 6% and it could struggle to stay above the USD 18,000 level.
Similarly, there was...
Bitcoin and Altcoins Gaining Bearish Momentum
17.12.2019
In the past two sessions, there was a sharp rise in selling on bitcoin below the USD 7,200 support. As a result, BTC/USD declined heavily and broke the main USD 7,000 support area. It tested the USD 6,850 support and is currently (09:00 UTC) consolidating losses.
Also, there was a nasty decline...
Bitcoin and Altcoins Could Gather Bearish Momentum
16.12.2019
This past week, bitcoin price remained in a downtrend and settled below the key USD 7,250 and USD 7,200 support levels. The same levels are now acting as hurdles for the bulls and BTC/USD is struggling to stay above the USD 7,000 support area.
Similarly, many major altcoins are declining and facing...
Bitcoin and Altcoins Gaining Bearish Momentum
4.12.2019
In the past two days, bitcoin price failed to gain pace above the USD 7,350 and USD 7,400 resistance levels. As a result, BTC/USD started a fresh decline and recently broke the key USD 7,200 support area. However, the price is still holding USD 7,000 (09:00 UTC), below which there is a risk of...
Bitcoin Price, Altcoins Gaining Bearish Momentum Below Weekly Lows
18.10.2019
Recently, there was a minor upside correction in bitcoin price above the USD 8,000 level. However, BTC/USD failed to gain momentum above the USD 8,100 level and struggled to test the USD 8,200 resistance. As a result, there was a fresh decline below USD 8,000 and USD 7,900. Similarly, ethereum...
Bitcoin and Altcoins Gaining Bearish Momentum
4.6.2019
This week started with a bearish bias, with bearish moves in bitcoin below the USD 8,400 support area. BTC gained bearish momentum and it even broke the key USD 8,000 support area. The price is down more than 7% and it seems like there could be more losses in the near term. Similarly, there were...