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3 reasons why Bitcoin is struggling to flip $20K to support
13.7.2022
BTC continues to sell-off, but analysts say investor sentiment could reverse when inflation peaks or traders feel that the situation with insolvent DeFi platforms is resolved
Bitcoin, Ethereum Technical Analysis: ETH Remains Below $1,100 Despite Prices Rebounding on Wednesday
13.7.2022
Despite prices rallying in today’s session, bitcoin continued to trade below $20,000 on Wednesday following recent declines. Although ETH was also marginally higher, its price was once again trading under $1,100. Overall, crypto markets were nearly 1% higher as of writing. Bitcoin Bitcoin...
Bitcoin tanks on highest CPI data since 1981 as BTC price dips under $19K
13.7.2022
U.S. inflation comes in a full 0.3% higher than expected, causing a dollar strength spike and the euro to fall below parity with USD
Bitcoin and Ethereum Consolidate Near Breakdown Support, AAVE Accelerates
13.7.2022
Bitcoin price remained below the USD 20,000 pivot level and even spiked below the USD 19,500 support zone, but the downsides were limited. It is currently (11:45 UTC) consolidating near USD 19,800 and is unchanged in a day and down 2% in a week....
Read More: Bitcoin and Ethereum Consolidate Near...
Bitcoin circles $20K pre CPI amid warning Fed risks ‘blowing up’ economy
13.7.2022
"Highly elevated" CPI numbers due in hours as one theory suggests that there is already no more room for Fed rate hikes
Ethereum price risks 'bear flag' breakdown, 20% drop against Bitcoin
13.7.2022
Ethereum funds have been undergoing a modest recovery after witnessing 11 weeks of continuous outflows
Bitcoin and Ethereum Continue to Weaken, SRM and QNT Rally
13.7.2022
Bitcoin price followed a bearish path below the USD 20,500 level and even declined below the USD 19,500 support zone before moving higher again. It is currently (04:00 UTC) consolidating near USD 19,500 and is down 2% in a day and 3% in a week.
Similarly, most major altcoins are showing bearish...
'Very small chance' BTC price could hit $24K, says trader as US dollar cools
12.7.2022
A pause in dollar strength allows Bitcoin price action to stem losses, but the outlook is anything but positive, analysts warn
Bitcoin and Ethereum Struggle to Recover, QNT and SNX Outperform
12.7.2022
Bitcoin price settled below the USD 20,500 level, extended losses and tested the USD 19,500 support zone. BTC is currently (14:57 UTC) consolidating near USD 19,900 and is down almost 3% in a day and 2% in a week.
Similarly, most major altcoins are gaining bearish momentum. ETH traded below...
Bitcoin price indicator that marked 2015 and 2018 bottoms is flashing
12.7.2022
This week, Bitcoin's 150-day EMA is set to close below its 471-day EMA for only the third time in history
Bitcoin, Ethereum Technical Analysis: BTC Below $20,000 as Markets React to Increasing Dollar Strength
12.7.2022
BTC fell below $20,000 on Tuesday, as volatility in financial markets continued to peak, due to current levels of inflation. The euro fell to its lowest level against the U.S. dollar in over twenty years, and this dollar strength seems to be impacting crypto prices. ETH also slipped, falling below...
Bitcoin price hits 7-day low as US warns of 'highly elevated' CPI data
12.7.2022
Crypto market jitters around inflation expand with Bitcoin and Ethereum dropping to levels not seen since last week
Bitcoin Tests USD 20K, Ethereum Slides, Altcoins in Red
12.7.2022
Bitcoin price remained in a bearish zone below the USD 20,500 level and declined below the USD 20,000 support zone. It is currently (04:03 UTC) consolidating near USD 19,950 and is down 3% in a day and almost 2% in a week.
Similarly, most major altcoins also moved lower. ETH traded below the...
Analysts say Bitcoin range ‘consolidation’ is most likely until a ‘macro catalyst’ emerges
11.7.2022
BTC on-chain metrics and technical indicators are trading near historical bottoms, but analysts say a new “macro catalyst” could prove the current range is not the bottom
Bitcoin risks new lows as $20K looms amid dollar euro parity
11.7.2022
Support is thin on the ground, analysts and traders warn, as ex-BitMEX CEO Arthur Hayes heralds the start of the fiat currency "doom loop" with USD/EUR parity
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $22,000 to Start the Week
11.7.2022
Bitcoin started the week in the red, as Monday saw prices fall for a second consecutive session. Following a recent run towards $22,000, the world’s largest crypto dropped below $21,000 earlier today, with ETH slipping below $1,200. Bitcoin Bitcoin dropped below $21,000 on Monday, as prices...
Bitcoin and Ethereum Look for Direction, XMR and CHZ Outperform
11.7.2022
Bitcoin price settled below the USD 21,200 pivot level. BTC is currently (11:49 UTC) consolidating near the USD 20,500 level and is down almost 4% in a day and up over 6% in a week.
Similarly, most major altcoins are showing bearish signs. ETH is struggling and might break the USD 1,120 support....
US inflation data will be 'messy' — 5 things to know in Bitcoin this week
11.7.2022
A potent combination of CPI figures and more make for a problematic week as Bitcoin price struggles
Bitcoin and Ethereum Reverse Gains, Altcoins Dip
11.7.2022
Bitcoin price failed to clear the USD 22,500 zone and started a fresh decline. It is currently (04:10 UTC) trading near USD 20,500 and is down over 3% in a day, but is still up over 6% in a week.
Similarly, most major altcoins trimmed gains. ETH is now trading well below the USD 1,200 zone. XRP...
Despite the Price Drop, Number of Bitcoin Held on Exchanges Continues to Slide
10.7.2022
Roughly 49 days ago, the number of bitcoin held on exchange was around 2.503 million, according to statistics recorded by cryptoquant.com. Since then, $4.76 billion worth of bitcoin has been removed from centralized crypto exchanges, as there’s 2.275 million held on trading platforms today....