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Bitcoin Could Retest $8,400, Says Trader Who Called BTC’s 50% Crash and Recovery

It goes without saying that Bitcoin’s price action over the past few weeks has shaken many digital asset investors in the industry. The crash from $10,000 to $8,400 liquidated dozens of millions worth of leveraged positions, forcing many on the sidelines, data from Skew.com shows.Unfortunately, the cryptocurrency is likely to retest $8,400 once

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Top Trader: S&P 500 Recovery Not a Dip to Buy, Is Bitcoin Also on Shaky Ground?

The S&P 500 Index on Monday recovered from its worst week since the 2008 financial crisis, lifted by hopes that the central bank would introduce stimulus programs to offset the economical slowdown caused by the growing Coronavirus pandemic. But the intraday recovery alone cannot guarantee a full-fledged bull run, according

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Bitcoin Price Plunge Stopped Right at 200 EMA, And It Means Recovery is Imminent

The bitcoin price plunged by around eight percent overnight against the USD in one of the strongest long squeezes in recent months.The pullback stopped right at 200-day exponential moving average (EMA), and the dominant cryptocurrency has started to show signs of recovery.Bitcoin is recovering at a key levelThe 200-day EMA

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