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‘Big Short’ Investor Michael Burry Says He Was Wrong to Advise Selling; Congratulates ‘BTFD Generation’
2.4.2023
Famed “Big Short” investor Michael Burry tweeted Thursday, telling his 1.4 million followers, “I was wrong to say sell.” The tweet follows Burry’s warning for months that the U.S. was headed for an “extended multi-year recession” and his decision to dump...
Bitcoin Price Outlook for March
10.3.2023
There are only ten days into March, and volatility in the crypto markets has heightened, with both bitcoin and ethereum falling to two-month lows. A collapse in Silvergate Bank was one of the major catalysts leading to this month’s bearish sentiment, which now sees bitcoin trading under...
Bitcoin Options Market Turns Most Bearish on Short-term BTC Outlook This Year as Prices Slump Towards $20K
9.3.2023
In wake of Bitcoin’s latest slide below the $21,000 level on Thursday as traders mull headwinds including a growing liquidity crisis amongst major crypto-friendly banks and ongoing macro headwinds as the US Federal Reserve signals risks, Bitcoin options have turned their most pessimistic on...
Biggest Movers: MATIC, SOL Fall to Lowest Point Since January
9.3.2023
Polygon fell to its lowest point since January earlier in today’s session, as overall sentiment in crypto markets remained bearish. Overall, the global market cap is now down 1.46% as of writing. Solana also slipped on Thursday, as the token neared a two-month low. Polygon (MATIC) Thursday...
Biggest Movers: XRP Hits 2-Week High, SHIB Marginally Higher
8.3.2023
Xrp rose higher for a third straight session on Wednesday, as prices moved to a two-week high. The rise comes despite market sentiment remaining largely bearish, with the global market cap trading 1.29% lower as of writing. Shiba inu also climbed higher in today’s session. XRP XRP, formerly...
Key Indicator of Bitcoin Market Profitability Turns Bearish – Here’s What That Means for the BTC Price
7.3.2023
A key indicator of profitability in the Bitcoin market just turned negative, a bearish sign according to some analysts. In wake of Bitcoin’s latest price dip back to the $22,000 area, the 30-day Simple Moving Average of the average Spent Output Profit Ratio (aSOPR) recently fell back below 1,...
Dogecoin Price Prediction as DOGE Eyes Big Bearish Breakout to This Key Support Zone
7.3.2023
Dogecoin (DOGE), the cryptocurrency that powers the Dogecoin blockchain, has dropped back after an attempt to push back to the north of the $0.076 level earlier in the day. A spike in the US dollar and US yields combined with downside in US stocks in wake of hawkish remarks from Fed Chair Jerome...
Biggest Movers: XRP, MATIC Rebound on Tuesday, Following Recent Lows
7.3.2023
Xrp rose higher in Tuesday’s session, as prices continued to move away from a long-term support point. Overall, sentiment in cryptocurrencies remained largely bearish, with the global market cap down 0.34% as of writing. Polygon was also in the green at the time of writing. XRP XRP, formerly...
Biggest Movers: ETC Remains Near 2-Month Low, LTC Down by 4% on Monday
6.3.2023
Ethereum classic remained near a two-month low on March 6, as a cloud of uncertainty continued to hover over markets. The global crypto market cap remained bearish to start the week, and is down 0.55% at the time of writing. Litecoin also moved lower on Monday. Ethereum Classic (ETC) Ethereum...
Bitcoin Stuck in Bearish Elliott Wave Pattern Despite 47% Rally, QCP Capital Says
23.2.2023
In wave theory, market trends unfold in five waves, three of which represent the primary trend and the other two mark partial retracements within the primary trend. Bitcoin's year-to-date rally seems to be a retracement wave ahead of the final leg lower, QCP Capital said
How to trade bull and bear flag patterns?
22.2.2023
Flags are among the most-referred patterns in technical analysis that can provide clues to the price trend and potential next move
Biggest Movers: BCH Hits Fresh Multi-Month High, Whilst MATIC Extends Declines
21.2.2023
Bitcoin cash jumped to a fresh seven-month high on Tuesday, as prices rallied, despite bearish sentiment increasing. Today’s move comes as the global cryptocurrency market cap is trading 1.50% lower at the time of writing. One of the most notable tokens to fall has been polygon, which...
Bitcoin price hits $25K in new 2023 high
16.2.2023
Despite macroeconomic headwinds and regulatory crackdowns on crypto, Bitcoin is made a new high for 2023
Ethereum’s $1.5K support weakens as ETH traders turn slightly bearish
14.2.2023
ETH derivatives data shows bulls becoming less inclined to defend the current price level, creating an opportunity for more downside
BNB Token Slides Under $300, Binance USD Inflows Signal Bearish Signs
13.2.2023
An SEC spokesperson told Coinesk the commission does not comment on the existence or nonexistence of a possible investigation
Biggest Movers: SHIB, LTC Rebound From Recent Losses on Saturday
11.2.2023
Shiba inu continued to move away from a recent one-week low on Saturday, as the meme coin rebounded to start the weekend. Although overall sentiment remains bearish, prices are starting the weekend relatively stronger. Litecoin also rebounded in today’s session. Shiba Inu (SHIB) Shiba...
Bitcoin, Ethereum Technical Analysis: ETH Nears $1,500 Level to Start the Weekend
11.2.2023
Ethereum neared a breakout below $1,500 to start the weekend, pushing prices closer to a one-month low. Overall sentiment remained mostly bearish, with the global cryptocurrency market cap trading 0.96% lower, as of writing. Bitcoin also edged lower, with prices remaining below $22,000. Bitcoin...
Bitcoin Options Market Turns Most Bearish Since 2022 With Investors Facing New Wall of Worries
10.2.2023
Bitcoin options markets are signaling that investor sentiment has hit a new low for the year, as investors face a mounting wall of worries including the prospect of a regulatory crackdown in the US and a possibly more hawkish US Federal Reserve monetary policy outlook. That’s according to data...
Biggest Movers: SOL, ADA Plunge, as Market Momentum Turns Bearish
10.2.2023
Solana slipped to a three-week low on Feb.10, as momentum in cryptocurrency markets remained firmly bearish. At the time of writing this, the global market cap is trading 4.23% lower, with bears recapturing sentiment. Cardano was also on the decline, falling by as much as 8% today. Solana (SOL)...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Week Low, as Sell-off Worsens
10.2.2023
Bitcoin moved below $22,000 on Friday’s session, as sentiment in cryptocurrency markets remained bearish. Volatility in markets has risen in recent days, following comments from U.S. Fed Chair Jerome Powell, who hinted at ongoing rate hikes. Ethereum also dropped, falling under $1,600....