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Bitcoin (BTC) is attempting to break below a short-term uptrend, which could encourage greater selling pressure. Volume data shows no signs of capitulation yet, although support is around $30K-$32K. Source
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Bitcoin (BTC) is at risk of a price breakdown as momentum signals weaken. The cryptocurrency has minor support at $37K, although stronger support is seen at $30K-$32K. Original Source
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Bitcoin (BTC) is on watch for a decisive breakout or breakdown from its three-month range this month. The cryptocurrency has experienced a loss of upside momentum in April, suggesting indecision among buyers and sellers. Source
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The latest moves in crypto markets in context for May 2, 2022. Original Source
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Bitcoin (BTC) price momentum has weakened over the past month, which suggests the current trading range could persist into next week. Upside appears to be limited. Source
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Ethereum has been on quite the journey, from splitting to creating its market presence within a few years. And now, they are looking at saving electricity and other concerns put forth by analysts with their latest validation protocol. The cryptocurrency supports several blockchain networks through its layers-2 services and validations. With
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Momentum signals have weakened over the past week, which typically precedes a period of flat to negative price action. For now, buyers have kept prices anchored around the $40,000 price level, albeit unwilling to decisively break above the $46,710 resistance level over the past three months. Source
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Bitcoin (BTC) held support at $37,500, although upside momentum is slowing. Buyers will need to keep price elevated above $40K in order to sustain a recovery. Original Source
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BTC's current pullback is similar to what occurred in September of last year, when buyers began to take profits around the $46,000-$50,000 resistance zone. Still, unlike the current situation, last year's rally above $40,000 benefited from positive long-term momentum. Source
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Bitcoin, the flagship cryptocurrency has remained below $40,000 over the past few days. The broader market correction has pushed altcoins to trade below their key support levels. Ethereum was priced below $3000 as the coin was rejected from the aforementioned price level. Bitcoin’s tough resistance stands at $40,000 as traders continue
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