The past year has been an extension of last year’s bear market for most altcoins. All bar a few are set to end the year lower than they began it and there have been very few survivors from 2019.2019: An Altcoin NightmareWhile total crypto currency market capitalization is currently over 55% up this year, it...Read More
This week, just as bullish crypto investors and traders began to lose hope that Bitcoin could prevent a fall further to new lowers, a powerful reversal may have started, reviving sentiment across the crypto market.The post appeared first on NewsBTCRead More
Bitcoin is leading crypto markets back into the green again today but they have a long way to go before anything can be considered ‘healthy’. The 14% bounce could simply be a bull trap or BTC may finally have been at the bottom and readying for another run.Bitcoin Bounces BackThis week has been pretty grim...Read More
The downtrend continues for Bitcoin price, as the leading crypto asset by market cap reached $6,600 today, showing that bears remain in complete control over the current state of the crypto market.The post appeared first on NewsBTCRead More
It was two years ago today, that Bitcoin price reached its all-time high value of $20,000, and just one year ago that it reached its current bear market low of $3,100.The post appeared first on NewsBTCRead More
Technical indicators are getting to that stage where another big move is becoming imminent on cryptocurrency markets. After several weeks of consolidation this is usually the case which leaves us with the big question; up or down?Bitcoin Still in SlumberVery little has happened on BTC markets over the past day or so. A slump that...Read More
Bitcoin’s downtrend is showing no signs of stopping, and one important and commonly-used technical analysis indicator suggests that there may not be an end in sight until another 12 or more months of bear market price action and consolidation takes place.The post appeared first on NewsBTCRead More
It has been another miserable week for Ethereum as prices continue to erode. Further declines today have left the world’s second largest crypto asset in danger of hitting a nine month low. Decentralized finance (DeFi) markets are in an opposing trend with continued growth in the sector.Ethereum Hits $140Ethereum is still deep in a two...Read More
Crypto markets are depreciating for another day as Bitcoin fails to gain any traction. Volatility appears to be returning as a big spike triggered a lot of liquidation a few hours ago. The overall picture is still very bearish though.BitMEX Bitcoin Manipulation CallsThe slow grind down has continued this week but some spurious action on...Read More
Around $6 billion has been dumped out of crypto markets over the past few hours as the bears return again. Coincidentally it has happened again, right after Bakkt launched more institutional investment products for Bitcoin.Bitcoin Barrels Towards $7kBTC charts were looking positive during late trading yesterday but the Asian session changed all of that. A...Read More
After an early 2019 parabolic rally, Bitcoin has spent the last few months locked within a vicious downtrend that’s seen nearly 50% of the crypto asset’s value eliminated.The post appeared first on NewsBTCRead More
Following a little momentum last week Bitcoin spent most of the weekend consolidating. It has been pretty flat for the past fortnight and analysts are now considering the unpopular premise of a final capitulation approaching which would mirror movements from this time last year.Bitcoin Bulls and Bears PoisedCrypto markets were lifted on Friday which resulted...Read More
Recently, the crypto market fear and greed index hit its lowest point in history, despite Bitcoin price trading above $10,000 and at that point had yet to break down. The fear was mostly driven by altcoin holders who have been selling any remaining bags at a substantial loss at an alarming rate.While even altcoins did...Read More
Throughout much of 2018, support at $6,000 acted as the absolute Bitcoin price floor, with each time bears pushed the price of the first-ever crypto-asset down to the range, it would reverse and rally – only to stop short of ever setting a new higher high.The post appeared first on NewsBTCRead More
A market wide dump this Wednesday has seen $15 billion exit crypto markets as Bitcoin leads them back down again. The choppy conditions have continued and BTC has remained range bound for now but this could be its fifth foray into four figure prices.Weekly Crypto Gains Wiped OutSince the weekend, BTC has been steadily gaining...Read More
Bitcoin’s range bound pumps and dumps have become commonplace over the past six weeks. Another slide a few hours ago should not be cause for alarm then as BTC failed to register further gains. It is now in danger of heading back into four figures for the fifth time. Four Figure Bitcoin in Play …...Read More
