3 Reasons Why Bitcoin Price Crashed by More Than $11,000
Bitcoin suffered a major price crash during the weekend and on Monday after securing a milestone high of $41,986.
US Dollar Will Crash “Faster and Harder,” Says Pro-Bitcoin Economist
A recent sharp pullback move in the US dollar market is insufficient to log a full-fledged upside breakout. So says Stephen Roach, the former chairman of Morgan Stanley Asia. The...
A Lifelong US Dollar Downtrend Paints Bullish Outlook for Bitcoin
The US dollar is on track for its most significant monthly performance since July 2019. But it continues to feel the pressure from its all-time bearish outlook. Why? A monthly chart of...
Troubles for Bitcoin as US Dollar Eyes Recovery Until Q2/2021
If a stronger US dollar indeed points to a weaker Bitcoin, then the cryptocurrency is facing a humongous bearish bias ahead. An analysis published by Seeking Alpha’s Robert Balan...
Bitcoin in “Golden Accumulation Zone” After 20% Plunge: Analyst
It may be the best time for Bitcoin traders to refill their crypto bags now that the asset trades near its multi-week lows, according to analysts at Phi-Deltalytics. The chart analysis...
A Bitcoin Crash to $8.7K Likely if Price Breaks This Key Level
Bitcoin is facing a considerable risk of falling towards $8,700 should its price break a critical support level. Earlier fractals indicate that breaking below a so-called 20-week...
3 Reasons Why Bitcoin Price May Slip Below $10K This Week
A potential catalyst for Bitcoin’s supersonic price rally in 2020 has been the combination of ultra-flexible monetary policies of central banks and massive spending by...
Bitcoin Falls 12% But a Reuters Poll Indicates Massive Rally Ahead
The last two days found Bitcoin (Symbol: BTCUSD) in its most bearish states in more than three months. The cryptocurrency experienced a significant sell-off on Wednesday that continued...
Bitcoin Analyst Who Accurately Foresaw Feb Crash Says $9.8K is Next
Bitcoin is going to fall to $9,800, according to a pseudonymous analyst. The prominent daytrader cited the formation of a Head and Shoulder pattern behind his bearish analogy. In...
Why Bitcoin Could Soon Return to Monday’s Price Levels After $12k Test
Bitcoin is looking to retest $11,760 as support, a cryptocurrency analyst recently shared. He made these comments as BTC/USD showed signs of an extended downside correction a day after...
Macro Investor Calls Bitcoin “Pristine Collateral” – A Super Bullish Case
Bitcoin is the best collateral the world has ever seen, according to Raoul Pal of Global Macro Investor and Real Vision Group. The Founder/CEO praised the cryptocurrency for its...
“Wise to Exit” Bitcoin Long Positions If This Happens
A bullish Bitcoin technical pattern that has held firm since October 2019 flashed once again this week. It is an uptrend–an ascending channel–wherein BTC/USD’s momentum...