Tag: BTC

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Bitcoin and Ethereum Struggle to Recover Losses, Altcoins Turn Red

  Bitcoin price stayed above the USD 21,200 support zone, formed a base, and started a recovery wave above the USD 21,800 level. But it failed to continue higher and is currently (04:07 UTC) trading near USD 23,360 again. BTC is down 5% in a day and 31% in a week. Similarly, most major altcoins…
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Exchange Inflows Ramp Up As Crypto Investors Clamor To Exit Market

With the crypto market’s decline, there have been a number of things that have changed drastically in the space. Mostly, investors have been rushing to get out of the market before the crash takes more of their funds. What this has led to has been a significant increase in the number of cryptocurrencies that are…
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Bitcoin, Ethereum Technical Analysis: BTC Falls to $20,000 Range, as Sell-Off Extends

Bitcoin declined for an eighth consecutive session on Tuesday, as the crash in crypto markets continued. BTC fell to the $20,000 range for the first time since December 2020, whilst ETH hit $1,000, also recording a multi-year low. Bitcoin BTC was trading lower for an eighth consecutive day, with Monday’s decline sending prices to their…
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Ethereum, Altcoins Outperform Bitcoin, while SOL, ADA, and DOT Rally

  After testing the USD 21,000 support zone, bitcoin moved higher and touched USD 23,000 before correcting lower again.  It is currently (11:44 UTC) consolidating losses near USD 22,000 and is down almost 8% in a day and 29% in a week. Similarly, most major altcoins are consolidating losses. ETH dived below the USD 1,200…
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Bitcoin Dives to USD 21K, Ethereum Tests USD 1.1K, FTM, THETA, and GALA Rally

  Bitcoin price remained in a strong downtrend and traded below the USD 25,000 support zone. BTC tested the USD 21,000 level before recovering to almost USD 22,000 again. It is currently (03:51 UTC) trading near USD 21,900, with a major support near USD 20,500. BTC is down 14% in a day and 30% in…
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Bitcoin, Ethereum Technical Analysis: BTC Drops Below $24,000 to Lowest Level Since December 2020

Bitcoin fell to its lowest level since December 2020 to start the trading week, as crypto markets continue to plunge. ETH also fell considerably on Monday, as prices declined by over 16%, falling below $1,200 in the process. Bitcoin Bitcoin fell to its lowest level since December 2020 on Monday, as crypto markets plunged to…
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Bitcoin and Ethereum Bears in Control, Altcoins Crash Too

  Bitcoin price remained in a bearish zone below the USD 28,000 level and extended its decline below the USD 25,000 support. It is currently (04:49 UTC) down almost 14% and might even test the USD 23,200 support. BTC is also down 21% in a week…. Read More: Bitcoin and Ethereum Bears in Control, Altcoins…
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Bitcoin Tests USD 25K, Ethereum Dives to USD 1.3K, CEL Crashes on Paused Withdrawals News

  Bitcoin price struggled to start a fresh increase above the USD 30,000 resistance and dived to the USD 25,000 level before somewhat recovering. It is currently (03:57 UTC) trading above USD 25,500 and is down almost 8% in a day and 15% in a week.  Similarly, most major altcoins started a major decline. ETH…
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Bitcoin, Ethereum Technical Analysis: ETH Falls to 15-Month Low to Start the Weekend

Crypto prices plunged as the weekend commenced, following yesterday’s U.S. inflation report, which came in at a 40-year high of 8.6%. ETH fell to its lowest point in fifteen months, while BTC dropped below $29,000. Bitcoin Following days of consolidation, BTC finally moved late on Friday into Saturday, as crypto prices responded to the latest…
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Bitcoin and Ethereum Could End The Week Lower

Bitcoin price failed to stay above the USD 30,500 support zone. BTC even declined below the USD 30,000 level. It is currently (11:10 UTC) showing a few bearish signs and remains at a risk of a move below USD 29,500. Similarly, most major altcoins are showing bearish signs. ETH is now trading well below USD…
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