Friday, April 19, 2024
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Bitcoin on the way to ‘bearadise?’ $20K is back as a BTC price target

Bitcoin (BTC) hovered above $26,000 into the Aug. 20 weekly close as doomsday BTC price targets kept coming.BTC/USD 1-hour chart. Source: TradingViewAnalysis: Bitcoin may see new "generational buying opportunity"Data from Cointelegraph Markets Pro and TradingView showed an eerie calm covering BTC/USD over the weekend, with the market down 11% in

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Bitcoin enters $26K ‘bearadise’ as BTC price approaches 2-month lows

Bitcoin (BTC) neared two-month lows on May 12 amid fears that a “head-and-shoulders” pattern would put bears ahead.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalysis of BTC price: “Welcome to bearadise”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $26,100 on Bitstamp — its lowest since March 17.Despite encouraging macroeconomic

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