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Guggenheim CIO Scott Minerd Predicts More Bitcoin Sell-Off but Remains Bullish Long Term
27.5.2021
The chief investment officer of Guggenheim, Scott Minerd, has predicted more sell-off for bitcoin. He also warned that it will take a while for the cryptocurrency to return to its previous highs. However, in the long term, Minerd has predicted that bitcoin’s price could rise to $600K. Bitcoin...
China Halts Bitcoin, While the Bitcoin Sell-Off Resumes
24.5.2021
The Bitcoin industry on the weekend had a roller-coaster ride. While the Bitcoin sell-off continued over the weekend, it fell below $32,000, the lowest price since the start of the year. Meanwhile, the mining operators in Huobi Mall and BTC are working towards the suspension of crypto in China....
Fund Manager Bill Miller Unfazed by Falling BTC Price, Says Bitcoin Correction Is ‘Pretty Routine’
21.5.2021
The founder and chief investment officer of Miller Value Partners, Bill Miller, is not disturbed by the falling price of bitcoin. While acknowledging that the price drop looks extreme when compared to the stock market, he says it is “pretty routine” for the cryptocurrency. Bill Miller...
Bitcoin Sell-off Postmortem: Euphoria Exhaustion & FUD Behind Massive Liquidations
19.4.2021
While no one clear reason is apparent for the sharp bitcoin (BTC) correction this past weekend, analysts do not seem to have been surprised, with some finding it "inevitable." For the cause behind the wave of liquidations, that made the sell-off even worse, many cite euphoria depletion...
Bitcoin sell-off over? Strong 'buy the dip' signal flashes for the first time since September
28.2.2021
Bitcoin is retesting a key support level at $44K-$45K for the third time in the past week
Bitcoin Sells Off on Bearish Sentiment, Yellen Worries
20.1.2021
The sell-off also led to major corrections for other cryptocurrencies including ether, stellar, xrp and chainlink
US Dollar and Coinbase Also Blamed For Bitcoin Sell-Off
12.1.2021
Source: Adobe/Юрий Дьяконов
The strenghtening US dollar and technical issues at major crypto exchange Coinbase might be partially blamed for the bitcoin (BTC) crash seen yesterday, according to analysts.
There's something behind every crash of the world's number one crypto, and many become...
First Mover: Market Signs Look Healthy as Bitcoin Sell-Off Subsides
12.1.2021
Record trading volumes have accompanied bitcoin's rally this year, and subsequent swoon, offering a healthy sign of just how much price discovery is taking place in rapidly growing (to $3T?) cryptocurrency markets.
Report: November Sell-off by Long Term BTC Holders Does Not Signal an Approaching Bear Market
8.12.2020
A recent Glassnode report says some long-term holders (LTHs) of bitcoin offloaded part of their holdings and cashed out their profits during a bull-run. Still, the report explains that the sell-off, which has been noticeable since late November, is not necessarily a sign of an approaching bear...
Bitcoin Volatility Hits Three-Year Low, Sparking Fears of Massive Sell-Off
6.7.2020
The cryptocurrency data analytics and research company, Skew has warned that bitcoin could see a massive sell-off due to declining volatility. The data analytics firm says that bitcoin (BTC) realized volatility hit 20% over the past 10 days – it’s the lowest 10-day reading in nearly...
Japanese Investors Taking Advantage Of Bitcoin Sell-Off - Exchange
26.3.2020
Despite what some may have thought, it appears that the latest sell-off in bitcoin has not scared away retail investors quite yet, new data from one Japanese crypto exchange suggests.
According to a blog post by Yuya Hasegawa, market analyst at the Japanese crypto exchange bitbank, the number...
Onchain Data Suggests Bitcoin Sell-Off Fueled by New Investors
20.3.2020
While the covid-19 outbreak has caused economic calamity, cryptocurrencies have regained some of the losses that devastated digital currency markets on March 12. A recent report published by the researchers at Coin Metrics notes the “crypto asset sell-off was driven by short-term...
Over $190 Million Bitcoin Liquidated on BitMEX Amid Crypto Market Sell-Off
27.2.2020
The crypto markets were shaken yesterday amid a flurry of selling that saw more than $190 million worth of longs and shorts liquidated on BitMEX
Bitcoin Sell-off Continues, Price Drops Below USD 10,000
2.7.2019
The most popular cryptocurrency, bitcoin, just declined below the psychologically important level of USD 10,000, where it was more than 10 days ago.
At pixel time (05:44 UTC), bitcoin trades at c. 9,880 and is down by more than 11% in the past 24 hours and by 13% in the past week. In June, bitcoin...