bitcoin bears

BITCOIN PRICE DROPPED BELOW 7000 LIKELY ON PLUSTOKEN DUMPERS

BITCOIN PRICE DROPPED BELOW $7,000 LIKELY ON PLUSTOKEN DUMPERS Bitcoin price broke down below the psychological level of $7,000 late on Monday. The cryptocurrency updated the December low after blockchain researcher Chainalysis said that PlusToken scammers were selling coins to cash out. BITCOIN DRAGGING DOWN CRYPTO MARKET At the time of writing, the cryptocurrency fell 3.11% in the last 24 hours, touching the daily low at $6,905. For most of the day, the bitcoin price was trading above $7,100. Altcoins…

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Bitcoin Price Still Has Potential to Dive to 5500 Yet Macro Uptrend Still Intact

Bitcoin Price Still Has Potential to Dive to $5,500, Yet Macro Uptrend Still Intact Last week, the one-week Bitcoin chart printed an extremely bullish sign: the golden cross of the 50-week and 100-week simple moving averages, with the former crossing above the latter. (As an aside, a golden cross is when a short-term moving average crosses over a long-term one to imply bulls have control.) While this is a decidedly bullish sign in the long term, with this signal preceding…

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Bitcoin BTC Makes Recovery Above 8000 Here’s Why Some Analysts are Bullish

Bitcoin [BTC] Makes Recovery Above $8000 – Here’s Why Some Analysts are Bullish After a week of bearish moves, Bitcoin [BTC] price made a slight recovery on Friday. The rise attempted to break above the 200-Day Moving average, which acted as a resistance. It recorded a high at $8294. The price of BTC at 3: 30 hours UTC on 28th September 2019 is $8176. It is trading 2.27% higher on a daily scale. The entire crypto market turned slightly green…

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Bitcoin’s sharp decline – The cryptocurrency falls below 8000

Bitcoin's sharp decline – The cryptocurrency falls below $8,000 Bitcoin lost about 20 percent of its value since Friday. On Thursday, the Bloomberg Galaxy Crypto Index showed a decline of as much as eight percent for the cryptocurrency [File: Mary Turner/Bloomberg] Bitcoin extended its five-day losing streak on Thursday and dropped below $8,000 for the first time since June as a growing list of concerns weighed on crypto assets. Bitcoin fell as much as 9% to $7,736 in New York,…

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Bitcoin And Crypto Market Bearish Continuation – LTC BNB BCH TRX Analysis

Bitcoin And Crypto Market Bearish Continuation – LTC, BNB, BCH, TRX Analysis The total crypto market cap dived more than $50.0B and tested the $200.0B support. Bitcoin price is down more than 10% and it is currently consolidating below the $8,500. Binance coin (BNB) price tumbled below the $18.50 and $16.50 support levels. Litecoin (LTC) price is now trading well below the key $60.00 support area. BCH price tested the $200 level and it is currently consolidating near the $220…

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Bitcoin Dumps 5 In An Hour As Predicted Slide Begins

Bitcoin Dumps 5% In An Hour As Predicted Slide Begins Following a week of consolidation in an ever tightening channel Bitcoin finally made its move today. Many had been predicting it would be to the downside and they were correct as the king of crypto slumped 5% in an hour plunging back into the mid-$9,000 zone. Monster Red Bitcoin Candle Just an hour or so ago one huge red candle plunged Bitcoin prices through support at $10,100 and back into…

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Bitcoin Dumps 5 In An Hour As Predicted Slide Begins

Bitcoin Dumps 5% In An Hour As Predicted Slide Begins Following a week of consolidation in an ever tightening channel Bitcoin finally made its move today. Many had been predicting it would be to the downside and they were correct as the king of crypto slumped 5% in an hour plunging back into the mid-$9,000 zone. Monster Red Bitcoin Candle Just an hour or so ago one huge red candle plunged Bitcoin prices through support at $10,100 and back into…

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Bitcoin Teeters on 10K But Can It Fend Off Another Bear?

Bitcoin Teeters on $10K, But Can It Fend Off Another Bear? Bitcoin’s recent market movements have thrown into contention consensus about its short-term price direction, with traders asking openly if demand is strong enough to fend off another bear market. Such a question has emerged in the wake of the world’s largest cryptocurrency’s inability to set new highs above those seen in June and July, when optimism about a Facebook cryptocurrency launch pushed the price of bitcoin to $13,880 and…

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Would bullish divergence keep Bitcoin price above 10000?

Would bullish divergence keep Bitcoin price above $10000? Another week comes to pass as Bitcoin price hovers at the ten thousand dollars ($10,000) mark and past twenty-four hours (24hrs) have been no different than the price action across the week. Bitcoin (BTC) price plunged down to the low point of nine thousand seven hundred and sixty-eight dollars ($9768.06) mark at one point while the highest point was recorded at the ten thousand four hundred dollars ($10400) mark. Whereas the weekly…

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