Tag: why are crypto prices falling

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Bitcoin sinks to new yearly low at $16.8K as FTX insolvency fears turn into contagion

BTC and altcoins continue to sell-off, hitting new yearly lows as the collapse of FTX begins to drastically impact investors across the entire crypto market. Crypto markets crumbled for a second day as the fallout from FTX’s liquidity troubles continued to negatively impact investor sentiment.  Bitcoin (BTC) price fell to a new yearly low at…
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Bitcoin analysts and traders say BTC’s low volatility is ‘a calm before the storm’

Stock markets slide toward yearly lows while Bitcoin price remains range-bound. Here’s why crypto analysts expect a sharp move from BTC soon. If you were to hang around crypto traders this week, you would hear three phrases repeatedly muttered: “volatility,” “bond prices” and the potential of a “sharp move” in Bitcoin BTC price. Multiple analysts have…
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Bitcoin price finally made a move, and fireworks are sure to follow

New crypto market trends are starting to emerge now that Bitcoin and equities markets move closer to make-or-break levels, which will determine the markets’ direction. This week, Bitcoin (BTC) raised investors’ hopes and then left them high and dry again.  Traders placed a majority of their attention on BTC price pushing through a long-term descending…
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Will bulls take charge now that Bitcoin price trades above a long-term trendline resistance?

Bitcoin bulls celebrated BTC’s push through a long-term trendline resistance, but has anything actually changed? On Oct. 4 and 5, Bitcoin (BTC) took another step through the $20,000 mark, bringing the price above a long-term descending trendline that stretches all the way back to April 22 or Nov. 15, depending on one’s style of technical…
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