Tags : Bear

Bitcoin

A Decrease In Bitcoin Whales Suggests A Bear Market Is

Bitcoin price is sinking slowly from highs set over a week ago now, and bullish momentum is showing signs of waning. The peak of the bull market isn’t expected by most analysts for some time, however, a sizable reduction in BTC wallets with a balance of 1K or more coins, could be signaling a bear […]Read More

Bitcoin

Bitcoin Weekly Outlook: Expect Bear Trap as Focus Shift on

Bitcoin has switched its short-term market bias from bullish to bearish in the last two weeks. The flagship cryptocurrency attracted sellers as soon as it established a fresh record high near $42,000. While the price dropped by as much as 31.57 percent since then, it also recovered due to an apprehensible buying sentiment near psychological […]Read More

Bitcoin

What can invalidate the short-term bear scenario for Bitcoin?

The price of Bitcoin is showing strong momentum as it recovers above $33,000 following a relatively large correction on January 12. The general market sentiment around Bitcoin remains positive. But, there is one major invalidation point for the bearish scenario for BTC. Bitcoin must reclaim $36,000 In the foreseeable future, if BTC wants to reach […]Read More

Bitcoin

Double Spend FUD Crashes Bitcoin Below $30,000; Return of Bear

Bitcoin crashed below $30,000 on Friday as traders panicked about a technical flaw that allows people to spend the same cryptocurrency unit twice. Google Trends for the keyword “Double Spend”—as the flaw is called—reached a perfect score of 100. This escalated quickly! #FUD #Bitcoin pic.twitter.com/Nkx95vy4QF — Ciara Sun (@CiaraHuobi) January 22, 2021 According to BitMEX […]Read More

Bitcoin

Analyst on why Bitcoin and crypto may be in the

If you look at Twitter, it may appear that the crypto market is anything but bearish. Friday and Saturday were marked by extremely strong rallies in the prices of altcoins, despite consolidation in the two leading cryptocurrencies. Many small caps, medium caps, and even large-cap altcoins enjoyed gains of 10-50 percent yesterday, resulting in a […]Read More

Bitcoin

Bitcoin “Bear Whales” Show Signs of Exhaustion as Analysts Eye

Bitcoin’s price has been fairly stagnant throughout the past few days, with its recent rejection at highs of $28,500 kicking off a short-term consolidation phase Where the crypto trends in the mid-term may depend largely on whether or not bulls can invalidate these highs as a potential “blow-off top” There has been speculation that the […]Read More

Bitcoin

Bitcoin’s Rally to All-Time Highs Leaves Trail of Bear Blood

Bitcoin saw some potent price action yesterday, with bulls sending it rallying from the mid-$20,000 region to highs of $23,700 The selling pressure here proved to be quite significant and slowed its growth, but the cryptocurrency does appear to be poised to see further upside One analytics firm explained in a recent tweet that a […]Read More