Despite all the off/on ceasefires and ‘agreements’ in the Middle East conflict that have had up and down impacts on the U.S. stock market, the bear market for Bitcoin is persistent and ongoing. A quick […]
A value of around $1.4 trillion was cut from the S&P 500 on Friday as tensions escalated between Israel and Iran. Over the weekend and into Monday morning an exchange of missiles has taken place. […]
After a quick candle tail down to $61K, testing the bull market trendline and the 200-week SMA, the Bitcoin price is perhaps starting to settle above these big support barriers. Are we in for a […]
Heavily oversold now in the shorter time frames, has the $BTC price just made a bottom with a quick dip down to $61K, or is the extremely poor market sentiment going to push the price […]
Tuesday saw a continuation of Bitcoin’s crash out of its 4-month bear flag. The price continued to plummet following Monday’s breakdown out of the bear flag and it was only the important $66K horizontal level […]
So the bear flag breakdown has finally happened and the Bitcoin crash is in process. Currently holding support at $70K, the next target for the $BTC price is $66K. As Bitcoin plummets into the final […]
The Bitcoin price is precariously moving along the bottom of its 4-month bear flag. A crash looks likely. Can anything still save the day, or are we about to witness the last bottoming stage of […]
The Bitcoin price has reached the bottom trendline of its bear flag. With $BTC in a rather oversold condition, this is probably a good time for the bulls’ to come in and force a decent […]
Just over a couple of weeks since the Bitcoin price was last at the top of the bear flag, it is now practically at the bottom. Was this the last action within this bear flag […]
Apart from a brief rally up to $78K, the $BTC price is continuing to make its way lower. What is certainly a bearish factor weighing on price is the persistent outflow from the Spot Bitcoin […]
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