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Bitcoin is risking massive price declines below $9,000 as a historically accurate fractal indicates traders’ sell-off sentiment.The benchmark cryptocurrency’s tendency to retest the $8,750 level increased after it confirmed a bullish reversal pattern last week. Dubbed as Doji, the indicator is typically a session wherein an asset’s candlestick has almost
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Bitcoin (BTC) may not see a 170% increase after its fifth “golden cross” price event, historical data suggests as markets stay down 8%.Analysis of price movements since 2009 shows Bitcoin has had a total of ten “golden cross” and “death cross” moments in its lifespan. BTC price dip challenges December
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In an earnings call held on Tuesday, Feb. 18, an HSBC executive revealed the bank plans to cut 35,000 jobs by the end of 2022 and invest more in digital systems. The plan for HSBC in the next three years is to cut down on staff and branches and simplify
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Late Saturday night on Feb. 15, Bitcoin (BTC) price briefly reclaimed the $10K mark after a tumultuous day of trading that saw the price drop 5.35% to $9,853. The possibility of a downside break was enhanced by Bitcoin’s failure to hold above $10,330 and for the past 4 days
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Bitcoin is gawking at extended losses only hours after it established a new yearly high at $10,500.The benchmark cryptocurrency on Thursday plunged by 3.86 percent to circa $10,094, according to US exchange Coinbase. The crash took bitcoin’s spot rate down by more than $400 within just three hours, showing fresh
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Bitcoin could be staring deeper losses, having faced rejection at key price hurdle on Thursday. The top cryptocurrency by market value was seeing bids around $10,400 during the Asian trading hours. Buying interest weakened after the cryptocurrency failed to stay above Wednesday's high of $10,500 and prices fell sharply to
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ViewBitcoin's broader uptrend is still valid despite Monday's sudden move lower from $10,200. The weekly chart shows scope for a test of the October high of $10,350. A deeper pullback to support below $9,600 may be seen before the return of the rally, as the short duration charts are indicating
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Bitcoin price failed to continue above the $9,500 resistance and declined recently against the US Dollar. BTC could either bounce back from $9,150 or it might decline heavily.Bitcoin bulls are fighting hard to protect the key $9,200 and $9,150 support levels against the US Dollar.The price remains at a risk
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Bitcoin traded to a new 2020 high at $9,575 and recently corrected lower against the US Dollar. It seems like an inverse head and shoulder pattern is forming, which could drag BTC towards $8,800.After a steady rise, bitcoin price struggled to gain momentum above $9,500 against the US Dollar.The price
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Bitcoin’s (BTC) smallest denomination is now worth more than an entire unit of altcoin Hex (HEX) after the controversial token lost over 50% in a day.Data from Coinmarketcap and other sources confirm that HEX/BTC is now below 1 satoshi — or 0.00000001 BTC.HEX price too small to measurePut in
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