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Bitcoin (BTC) is down by 11% over the past 24 hours while altcoins underperformed. Sentiment indicators are in "extreme fear" zone, similar to what occurred in January. Still, BTC could see further downside before a definitive low. Source
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Bitcoin (BTC) is down by 6% over the past week and appears to be stabilizing after Thursday's sell-off. Traders remain cautious, although some altcoins such as GALA have rallied. Source
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Bitcoin ETPs have become more popular than ever since the SEC approved multiple bitcoin ETPs in the fourth quarter of 2021. They had subsequently had a good run with hundreds of millions of dollars flowing into these ETPs. They provided a way for institutional investors and others who didn’t want
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Analysts noticed signs of buyer demand around $38,000 in bitcoin, although it remains to be seen if the cryptocurrency can break above its short-term downtrend. For now, bitcoin appears to be "falling out of the window, but latching onto the windowsill," Alex Kuptsikevich, an analyst at FxPro, wrote in an
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"I don't remember this level of bearishness amongst contacts and Twitter, even back on cycle lows in January," one fund manager said. Source
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A large amount of bitcoin supply has been accumulated between the $38,000 and $45,000 price range, according to blockchain data compiled by Glassnode. Typically, price "value" zones, areas with a large amount of trading activity, precede strong breakouts or breakdowns in price. Original Source
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Some analysts remain bullish on the future prices of the world’s largest cryptocurrency. Source
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Markets are cyclical and go through alternating periods of positive and negative sentiment, with price action following the tone across the market. Although these changes appear to be difficult to predict, Bitcoin price is currently following a textbook market sentiment cycle chart from the book The Nature of Risk. If what
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Bitcoin (BTC) saw a welcome break from downside at the Wall Street open on April 13 as United States equities opened in the green.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSub-$39,000 BTC price target remainsData from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing to local highs of $40,965 on Bitstamp as
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Bitcoin (BTC) kept disappointing hodlers on April 7 as the Bitcoin 2022 conference got underway to limp BTC price performance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewFed prepares $95 billion monthly balance sheet shrinkData from Cryptox Markets Pro and TradingView followed BTC/USD as it dropped below multiple support levels to reach its
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