Currencies34600
Market Cap$ 4.07T-0.84%
24h Spot Volume$ 98.02B-0.11%
DominanceBTC54.18%-0.59%ETH13.48%+0.38%
ETH Gas0.66 Gwei
Cryptorank

2 Reasons Why Bitcoin (BTC) Might Sink Deeper in the Short Term


by Dimitar Dzhondzhorov
for CryptoPotato

TL;DR

  • The recent whale activity suggests BTC’s price may continue to decline in the following days.
  • However, analysts remain optimistic, whereas the asset’s RSI has neared oversold territory.

More Troubles Ahead?

Bitcoin (BTC), like the rest of the cryptocurrency market, has experienced a substantial correction over the last several days. Its price is down 7% on a two-week scale and currently struggles to remain above $110,000.

Read the article at CryptoPotato

Read More

Bitcoin’s Sunday Plunge Creates Largest CME Gap in Weeks: What’s Next?

Bitcoin’s Sunday Plunge Creates Largest CME Gap in Weeks: What’s Next?

TL;DR Bitcoin futures opened with a massive CME gap, sparking debate on the potentia...
Is Bitcoin’s $127K Breakout Loading After Double-Bottom?

Is Bitcoin’s $127K Breakout Loading After Double-Bottom?

TL;DR Bitcoin charts indicate a confirmed inverse head and shoulders pattern with a ...

2 Reasons Why Bitcoin (BTC) Might Sink Deeper in the Short Term


by Dimitar Dzhondzhorov
for CryptoPotato

TL;DR

  • The recent whale activity suggests BTC’s price may continue to decline in the following days.
  • However, analysts remain optimistic, whereas the asset’s RSI has neared oversold territory.

More Troubles Ahead?

Bitcoin (BTC), like the rest of the cryptocurrency market, has experienced a substantial correction over the last several days. Its price is down 7% on a two-week scale and currently struggles to remain above $110,000.

Read the article at CryptoPotato

Read More

Bitcoin’s Sunday Plunge Creates Largest CME Gap in Weeks: What’s Next?

Bitcoin’s Sunday Plunge Creates Largest CME Gap in Weeks: What’s Next?

TL;DR Bitcoin futures opened with a massive CME gap, sparking debate on the potentia...
Is Bitcoin’s $127K Breakout Loading After Double-Bottom?

Is Bitcoin’s $127K Breakout Loading After Double-Bottom?

TL;DR Bitcoin charts indicate a confirmed inverse head and shoulders pattern with a ...