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Bitcoin (BTC) added to its losses on Dec. 29 with a fresh tumble briefly taking BTC/USD below $46,600.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewRSI flashes "oversold"Data from Cryptox Markets Pro and TradingView showed the pair giving up ground prior to the Wall St. open to increase its 48-hour correction to
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Bitcoin failed to test the $50,000 resistance against the US Dollar. BTC is correcting gains, but dips could be limited below the $47,500 support. Bitcoin struggled to surpass the $49,500 resistance zone and corrected lower. The price is trading above $48,000 and the 100 hourly simple moving average. There was a break below
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Bitcoin (BTC) bulls took another beating on Dec. 17 as a midday onslaught dropped the price to $45,500. The price did manage a quick bounce back to $47,000 but sweeping a new daily low could be a sign that additional downside is in store.Amid the wider market downturn, several altcoins
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Ethereum is correcting gains from $4,121 against the US Dollar. ETH price could start a fresh increase if there is a clear break above the $4,040 resistance. Ethereum struggled to clear the $4,100 zone and corrected lower. The price is trading just above $3,950 and the 100 hourly simple moving average. There was
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Ethereum is up 5% and the bulls pumped the price above $4,000 against the US Dollar. ETH price could continue to rise if it stays above the $3,920 support. Ethereum gained pace for a move above the $3,850 and $3,920 resistance levels. The price is trading above $4,000 and the 100 hourly
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Funds focused on bitcoin, the largest cryptocurrency, accounted for the bulk of the week’s inflows at $52 million, CryptoX’s Lyllah Ledesma reported. The prior week, bitcoin-focused funds saw $145 million of inflows. Meanwhile, SOL, the token of the blockchain-based smart contracts platform, saw inflows of $17 million. SOL is down
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“As of recent weeks, bitcoin has surfaced more like a risk asset – correlations against U.S. equities spike above 0.6 the past few days alongside the sell-off in technology stocks last Friday,” Lennard Neo, head of research at Stack Funds, a crypto investment firm, wrote in a report on Thursday.
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Bitcoin extended its recovery above $51,000 against the US Dollar. BTC must remain stable above $49,500 to continue higher in the near term. Bitcoin started a recovery wave above the $50,500 resistance zone. The price is now trading above $50,000 and the 100 hourly simple moving average. There was a break below a
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Ethereum is facing resistance near the $4,250 zone against the US Dollar. ETH must stay above $4,000 to start a steady increase in the near term. Ethereum started a recovery wave after a major drop below $4,000. The price is now trading below $4,250 and the 100 hourly simple moving average. There is
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Bitcoin's (BTC) downtrend extended a few rungs lower on Dec. 3 after the price dropped under $54,000 and traders will note that the BTC/USD daily chart shows a notable uptick in sell volume. Crypto Fear & Greed Index. Source: AlternativeInvestors seem concerned at the emergence of a new COVID-19 variant and
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