Over the past day, the crypto market has effectively flatlined. Per data from CoinMarketCap, Bitcoin has gained 0.12% in the past 24 hours, and Ethereum has shed 0.6%. Despite this consolidation, there are signs that the market is about to break out after Saturday’s non-action, most likely in the upward direction. A Breakout is Building...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
Crypto investors, traders, and analysts alike are mostly in agreement that Bitcoin price has switched to bull market mode ever since the crypto asset left its bear market bottom behind. But now that Bitcoin price has been correcting in recent weeks, the market has become bearish and fearful that a deeper correction will soon be...Read More
Much of the crypto market may have flipped sentiment to being bearish on Bitcoin after yesterday’s dump that bled out over $20 billion from the total crypto market cap.The post appeared first on NewsBTCRead More