Bitcoin is struggling to find support in the $20,000 zone, which is negatively impacting investor sentiment and weighing on most altcoin prices.
Category Archives: Cryptocurrency
Bitcoin margin long-to-short ratio at Bitfinex reach the highest level ever
A key Bitcoin price metric hit a new all-time high, but is this a bullish or bearish development?
Bitcoin price rises to $20.7K as Fed’s Powell says more rate hikes ‘appropriate’
Testimony from the Fed Chair provides no surprises while risk assets meander on the Wall Street open.
Price analysis 6/22: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, SHIB
BTC and select altcoins attempted a reversal, but are facing heavy selling at higher levels, which is proof that bears remain in control of the wider market.
Risky business: Celsius crisis and the hated accredited investor laws
Avalanche (AVAX) price drops 45% in a month and data points to further downside
AVAX is testing support at $14.80 and the network’s DApp use is underperforming its competitors, suggesting that the easiest path forward is down.
Price analysis 3/16: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE
Bitcoin and select altcoins have broken above their immediate resistance levels, indicating the start of a relief rally.
‘We’re already buying:’ Terra founder plans to obtain $10B BTC for reserves
Kwon also bullishly emphasized that its stablecoin TerraUSD backed by $10 billion-plus in BTC reserves will “open a new monetary era of the Bitcoin standard.”
Bitcoin maintains $40K support as Fed confirms first rate hike in 4 years
The Ukraine war is high on the Fed’s list of concerns, according to a statement released with the 0.25% rate hike.
Price analysis 11/22: BTC, ETH, BNB, SOL, ADA, XRP, DOT, AVAX, DOGE, SHIB
Bitcoin and most major altcoins have turned down from their respective overhead resistance levels, indicating that the short-term sentiment has turned negative.