More Pain for Bitcoin Ahead as Price Breaks “Legacy Trendline,” Says Analyst
Bitcoin (BTC) is at risk of extending its ongoing downside correction as it breaks below a so-called "legacy trendline." As ...
Tag: S&P 500
Troubles for Bitcoin as Hedge Funds Bet Against Stock Market Winners
Bitcoin faces the prospects of undergoing broader downside corrections as hedge funds rush to short stocks that surged impressively during ...
Bitcoin Hits 5-Week High Ahead of Q3 Earnings Season; What’s Next?
There was no major stimulus announcement, but Bitcoin was still able to hit a five-week high on the first day ...
3 Reasons Why Bitcoin Price Could Fall in Q4/2020
2020 has been a rollercoaster year for Bitcoin. The lockdowns caused by the coronavirus pandemic earlier in the year pushed ...
Bitcoin Decouples from Gold, Stocks after Overnight Sell-Off, What’s Next?
Bitcoin did its own thing during the late Monday trading session. The benchmark cryptocurrency plunged suddenly towards $10,600 after maintaining ...
On-Chain Data Shows Bitcoin’s Decoupling From S&P 500 Is “Upcoming”
For the past few months, Bitcoin's price action has largely been beholden to legacy markets like the S&P 500, the ...
Bitcoin May Break Below $9K on Wall Street Correlation: Stock Analyst
Any attempts from Bitcoin to secure higher price levels may fall short as long as its correlation with the US ...
3 Crucial Reasons Why Bitcoin Could Fall Below $10K This Fall
Bitcoin faces the prospects of breaking below $10,000 after failing to extend a rally that pushed its price up by ...
