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Bearish Bitcoin bites, fears of further falls, regulation woes build: Hodler’s Digest, May 23–29
29.5.2021
Bearish signals are growing in the crypto markets as tighter regulations and environmental concerns cast a dark shadow over Bitcoin
Bearish signals grow as Bitcoin price drops to $35K and traders ignore the dip
28.5.2021
Bitcoin price hangs slightly above $35,000 while traders simply watch the dip from the sidelines
Dogecoin Has ‘Remarkably Strong Fundamentals’ Despite Deficiencies, Says Mike Novogratz’s Galaxy Digital
6.5.2021
Bitcoin bull Mike Novogratz’s company, Galaxy Digital, has analyzed dogecoin and concluded that “despite its deficiencies, dogecoin has remarkably strong fundamentals and powerful forces supporting its rise.” Novogratz admitted that he had been too bearish on the cryptocurrency....
Investment Manager Guggenheim Warns of ‘Major Correction’ in Bitcoin
22.4.2021
Guggenheim CIO Scott Minerd has warned of a “major correction” in bitcoin in the near term. Claiming that bitcoin is “very frothy,” he is forecasting a 50% decline in the price of the cryptocurrency. Scott Minerd’s Latest Warning About Bitcoin The chief investment...
Ethereum price moves toward new highs even as pro traders turn bearish
21.4.2021
Ethereum price is back on the path to a new high but this key ETH derivatives metric signals that pro traders are exercising caution
$2.52B in bearish Bitcoin options signal pro traders are hedging their bets
6.4.2021
The open interest on bearish put options has risen to $2.52 billion as traders look for protection against a BTC price drop to the $40,000 to $50,000 range
‘Wolf of Wallstreet’ Jordan Belfort Now Bullish on BTC, Says Crypto Asset Will Reach $100,000
22.3.2021
Jordan Belfort, the self-proclaimed “Wolf of Wallstreet” has moved away from his bearish views on bitcoin and now predicts the crypto asset might reach $100,000. Belfort, who has reinvented himself as a motivational speaker and consultant, says bitcoin unlike company stocks is more...
What does it mean to be bullish or bearish in crypto?
13.3.2021
Bullish and bearish outlooks on the crypto market can depend on the person holding the view
No, Goldman Sachs isn’t a bearish indicator for Bitcoin
2.3.2021
The Bitcoin market is a different beast compared to late 2017 when Goldman Sachs balked at launching its crypto trading desk
Bearish Outlook as Bitcoin’s Seven-Day Average Sinks 25%, ADA Shines During the Storm
28.2.2021
Digital currency markets have been bearish in recent days as prices have continued to sink lower. The entire market capitalization of all the crypto assets in existence is down over 8% on Sunday at $1.25 trillion. Bitcoin has plummeted from its all-time high (ATH) of $58,350 last Sunday...
What Bitcoin price levels will invalidate the short-term bearish scenario?
25.2.2021
Bitcoin struggling to break above $51,600 could trigger another big drop in BTC price
2021 Crypto Market Stats Show a Number of Other Coins Gained More Than Bitcoin
13.2.2021
During the end of 2020 and into 2021, a great number of digital assets have seen significant gains and the bearish season that followed 2017 has turned its course. Bitcoin touched an all-time price high on February 11, 2021, reaching $49k per coin and three-month stats show bitcoin is up 198%....
Traders say there aren’t many reasons to be bearish on Bitcoin
12.2.2021
Bitcoin remains bullish, according to a couple traders
Why a trader says Bitcoin is short-term bearish despite holding $30K
28.1.2021
Bitcoin is short-term bearish, traders say, as the options market hints at consolidation
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...
Why one Bitcoin on-chain analyst is short-term bearish on BTC price, for now
24.1.2021
Several prominent on-chain analysts and traders have turned short-term neutral to slightly bearish on Bitcoin as BTC struggles to reclaim $33,000
First Mover: As Bitcoin Flips Bearish, Neither Biden Nor BlackRock Brightens Mood
21.1.2021
There's a lot of long-term bulls in the bitcoin market. But in the short-term? Pretty much everyone has suddenly turned bearish.
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
The case for Bitcoin price dropping to $27K in a possible bearish scenario
18.1.2021
Bitcoin could drop to as low as $27,000 in a bearish scenario, analysts say, which would bring panic to the altcoin market
Bullish or bearish? PayPal hosts $242M in crypto trading over 24 hours
12.1.2021
Daily crypto volume on payments giant PayPal have surged to record highs above $240 million