Bitcoin liquidation heatmap signals danger: Could BTC drop to $60k?

Despite the recent price decline, BTC’s number of long-term holders increased.  In case of a bullish takeover, then BTC might first reclaim $68k. Bitcoin [BTC] registered a major drop in The post Bitcoin liquidation heatmap signals danger: Could BTC drop to $60k? appeared first on AMBCrypto.

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Analyzing the Bitcoin mining industry panorama following BTC’s price drop

Crypto markets have experienced highly volatile months, even by crypto’s standards. The post Analyzing the Bitcoin mining industry panorama following BTC’s price drop appeared first on CryptoSlate.

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Was Yesterday’s Drop a ‘Long Squeeze?’ Bitcoin (BTC) On-Chain Analysis

BeInCrypto takes a look at different BTC on-chain indicators that relate to futures trading in order to determine if they caused the drop. The post Was Yesterday’s Drop a ‘Long Squeeze?’ Bitcoin (BTC) On-Chain Analysis appeared first on BeInCrypto.

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BTC Struggles To Maintain Footing After Short-Term Drop

Bitcoin (BTC) bounced on April 18 but has since dropped and returned near the same level.

The post BTC Struggles To Maintain Footing After Short-Term Drop appeared first on BeInCrypto.

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Bitcoin (BTC) Flash Crashes After Dropping Below $60,000

Despite the drop, the bullish structure for BTC is still intact. Nevertheless, the short-term recovery has been V-shaped, thus a retracement is expected before eventual continuation. Long-term BTC movement The BTC movement throughout the week of April 12 to April 18 was eventful.

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Bitcoin Hash Rate Takes a Hit After a Coal Mining Accident in Northwest China

The hashrate of Bitcoin mining pools has plunged in the past 24 hours. According to BTC. com, Poolin saw the biggest drop of 34. 55% among the top miners, followed by Chinese cryptocurrency exchange Huobi’s Huobi.

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Bitcoin (BTC) Reaches All-Time High Amid Strengthened Bullish Trend

Despite the drop, bitcoin validated the previous breakout level and has now begun to move upwards. It’s currently increasing towards the closest resistance at $68,725. New bitcoin all-time high After breaking out from the $61,500 resistance area on April 13, BTC proceeded to reach a new all-time high price of $64,854 on April 14.

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Bitcoin’s time has come: TIME magazine to hold BTC on balance sheet

TIME magazine has partnered up with Grayscale to drop a series of educational crypto videos, and has agreed to be paid in Bitcoin.

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Bitcoin price stalls as traders warn BTC could dip lower than $55K

This week’s drop is not “convincing,” analyst Filbfilb says, echoing others’ misgivings about the likelihood of a short-term bullish continuation.

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How Bitcoin Dominance Bullish Engulfing Could Signal An End To Altcoin Season

Bitcoin price is diving currently, shaking up the crypto market as a whole. In addition to the correction in the top cryptocurrency by market cap, altcoins have taken an even more severe beating. With top alts like Ethereum and Litecoin are seeing an even further drop on BTC trading pairs, Bitcoin dominance has formed a […]

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South Koreans Are Trading XRP & BTT More than BTC and Ether

Bitcoin kimchi premium is also taking a drop after surging to 22% as Upbit temporarily suspends fiat (KRW) deposits and withdrawals, and Bithumb sees an “increasing” inflow of BTC. The post South Koreans Are Trading XRP & BTT More than BTC and Ether first appeared on BitcoinExchangeGuide.

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Bitcoin Takes A Dive & Altcoins’ Drop Hard, But People Are Still ‘HODLing and Not Selling’

BTC price goes down to about $55,600 and Ether as low as $1,930 as 366,073 traders get liquidated for $2.02 billion. But the crypto market is already recovering the losses. The post Bitcoin Takes A Dive & Altcoins’ Drop Hard, But People Are Still ‘HODLing and Not Selling’ first appeared on BitcoinExchangeGuide.

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$2.52B in bearish Bitcoin options signal pro traders are hedging their bets

The open interest on bearish put options has risen to $2.52 billion as traders look for protection against a BTC price drop to the $40,000–$50,000 range.

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Ethereum price rallies: Up by 8% after last week’s losses

Ethereum price saw a strong drop late last week, following Bitcoin’s example. BTC was the one who led the drop due to approaching options expiration date, and Ethereum simply followed due to strong correlation.

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Outlining Potential Bitcoin (BTC) Wave Counts

Despite the drop, bitcoin is expected to bounce soon — even if the count is bearish. Long-Term Count for BTC The most likely count suggests that BTC is in a long-term wave five (white) of a bullish impulse that began on March 2020.

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After BTC Slid by 14%, Onchain Analyst Says a US Based Institution Is Currently Buying the Dip

After setting a new all-time high (ATH) of $61,699 on March 13, bitcoin dropped to $53,300 on March 23, a decline of more than 14% in just ten days. However, following this latest drop, onchain analyst Willy Woo speculates that another institutional investor could be buying the dip.

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BTC, ETH, XRP, ADA and BNB Price Analysis for March 23

Can most of the cryptocurrencies follow Bitcoin (BTC) after yesterday's drop?

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Bitcoin is More of a Gold Substitute than the Dollar, Fed Chair Powell Says

The Chair of the US Federal Reserve argues that while Bitcoin (BTC) is too volatile to be considered money and is “backed by nothing,” it could be a substitute for gold. He also recently made a statement on Bitcoin, which has affected the asset’s price seeing it drop by $1,000. Powell’s View on Cryptocurrencies InRead More

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Bitcoin (BTC) Falls Below $57,800 Support Level

Despite the drop, it does not look like the upward trend has ended. Therefore, another all-time high price for BTC is expected in the coming weeks. Bitcoin Drops Below Support Yesterday, BTC decreased considerably.

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TA: Why Bitcoin Price At Risk of A Fresh Drop To $54.5K

Bitcoin price failed to gain strength above the $60,000 resistance against the US Dollar. BTC is showing a few bearish signs and it could decline towards $54,500. Bitcoin struggled to clear the $60,000 resistance and it declined below $58,000.

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Bitcoin SV, NEM, DigiByte Price Analysis: 18 March 

The altcoin market as expected continues to be fairly correlated to Bitcoin. Earlier in the week, when BTC’s price dropped, many of the market’s altcoins too saw a price drop. In the past few daysThe post Bitcoin SV, NEM, DigiByte Price Analysis: 18 March  appeared first on AMBCrypto.

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TA: Bitcoin Forms Bullish Pattern, Why BTC Could Climb Above $58K

Bitcoin price started a fresh increase after a drop towards $53,000 against the US Dollar. BTC is now forming an inverse head and shoulders, with chances of a break above $58,000. Bitcoin is showing positive signs above the $55,000 support zone.

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BIC’s Crypto Video News Show: Why is Bitcoin Dumping?

Bitcoin Whales Selloff  One reason for the drop in BTC’s price on Monday, March 15, could have been a large whales selloff. When the price began to drop, the futures market was one source of information.

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Monero, Waves, Maker Price Analysis: 16 March

The last 24-36 hours have been difficult for most of the crypto-market, with the likes of Monero, Waves, and Maker all following Bitcoin's lead to drop down the price charts. With BTC holding steady aThe post Monero, Waves, Maker Price Analysis: 16 March appeared first on AMBCrypto.

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Bitcoin (BTC) Bounces Back After Sharp Drop

Despite the drop, a bounce is already underway. Furthermore, it’s possible that BTC has already reached a local bottom.   Divergence Spells Weakness The price has been moving downwards since March 13 when it reached a new all-time high price of $61,781.

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Buy-the-dip signal? Ethereum sees surprise gain vs. Bitcoin despite BTC drop

The price of Ether saw gains in its BTC pair on Monday as Bitcoin price dropped below $60,000.

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BTC, LTC and XRP Price Analysis for March 12

Can the top cryptocurrencies keep growing after today's drop?

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Number of Entities with 1,000+ Bitcoins on Balance Plunges Significantly: Possible Reasons

According to Glassnode, the number of institutions holding 1,000+ BTC or more have seen a substantial drop, here are possible explanations for that

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What should you know about Bitcoin's supply shortage?

Following a massive recovery from the drop below the $49,000-level, Bitcoin made a comeback to hit $54,000 on the charts. However, while BTC's price performance is worth noting, what might have been mThe post What should you know about Bitcoin's supply shortage? appeared first on AMBCrypto.

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Here's why Bitcoin could be heading towards $45,000

With Bitcoin's price breaching the $50,000-mark over the last 24-36 hours, many believe the world's largest cryptocurrency has fully recovered from the depreciation that saw BTC drop from over $56,000The post Here's why Bitcoin could be heading towards $45,000 appeared first on AMBCrypto.

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Key Bitcoin price indicators signal bulls bought the $43K retest

Bitcoin’s recent 26% drop sent weak hands running for the hills, but derivatives data shows BTC’s setup is still bullish.

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Coinbase Pro Sees 13K Bitcoin (BTC) Outflow as Institutions Remain Bullish

Significant outflows from Coinbase came despite the BTC price hovering at around $49,000. It suggests the U. S. institutional investors expect BTC to make a new high after a considerable drop to a low of $47,400 on Feb.

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What Bitcoin price levels will invalidate the short-term bearish scenario?

Bitcoin struggling to break above $51,600 could trigger another big drop in BTC price.

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Cosmos (ATOM) and Solana (SOL) impress while other altcoins falter

The sharp drop of Bitcoin (BTC) for the second consecutive day has been a reminder to traders about how volatile the cryptocurrency market can be. Many altcoins are also on the verge of losing some of their accumulated gains since the beginning of the year.

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Bitcoin's market cap below $1 trillion after 'craziest day in BTC Futures history'

A few days after Bitcoin’s market cap surged past $1 trillion, it's back to square one for the market's leading cryptocurrency. On the back of a 17% price drop on the charts, the cryptocurrency's maThe post Bitcoin's market cap below $1 trillion after 'craziest day in BTC Futures history' appeared first on AMBCrypto.

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Market Roundup: Bloody Monday Sees Mass Liquidations, BTC Falls 7.5%

Bitcoin was the story of the day following a dramatic drop that saw as much as a 15. 8% loss on the Binance exchange. There were varying degrees of price drops depending on the exchange. The mini flash crash saw the entire market follow suit.

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BTC, BNB, XRP, XLM and UNI Price Analysis for February 21

Which altcoins can recover after today's drop?

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Market Roundup: BTC Holds Firm as ETH and BNB Rocket to New Highs

Bitcoin continues to hold strong above the $50,000 level. The price hovering in the $52,000 area clearly indicates that there is more room in the tank to go higher. BTC is yet to see a dramatic price drop and continues to hold bullish momentum for the moment.

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Institutions Are Sucking Bitcoin’s Supply; Adding Fuel to the Fire for the 2021 Bull Run

Bitcoin price is having a bit of a moment as it continues to hit $50,000 only to drop back under $48,000. Currently, BTC/USD is trading around $49k with $10.32 billion in ‘real’ volume. The latest uptick in price is the result of the continuous buying from Coinbase whales as Charles Edwards of Capriole Investments noted, […] The post Institutions Are Sucking Bitcoin’s Supply; Adding Fuel to the Fire for the 2021 Bull Run first appeared on BitcoinExchangeGuide.

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Bitcoin (BTC) Falls Back After Reaching New All-Time High

Despite the drop, it is still likely that the Bitcoin trend is bullish and the price will continue higher.   Bitcoin Shows Weakness During the week of Feb. 8-15, the BTC price created a bullish candlestick in the weekly time-frame, reaching an all-time high price of $49,707 on Feb.

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Bitcoin (BTC) Consolidates After All-Time High Breakout

While the possibility of a short-term drop remains, Bitcoin is expected to continue increasing in the near future.   Current Bitcoin Movement After breaking out amid a massive bullish candlestick on Feb.

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Why Bitcoin Price Remains At Risk of A Fresh Drop To $36K

Bitcoin price surged above the $0,000 level before started a downside correction against the US Dollar. BTC is now testing a major support at $38,600, below which it could decline to $36,000. Bitcoin climbed above the $38,000 resistance, but it struggled to stay above $40,000.

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How low can Bitcoin price drop if BTC fails to retake $35K soon?

Bitcoin bulls must overcome a major hurdle before new all-time highs can come back into play.

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Bitcoin Shows Bearish Signs with Failed Breakout

Bitcoin is likely still correcting and is expected to eventually drop towards $26,000. Weekly Bitcoin Outlook After two consecutive bearish weekly candlesticks, BTC managed to create a neutral Doji candlestick last week, which also had a slightly bullish close.

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Why Bitcoin Price Remains At Risk of A Drop To $31K After Elion’s Rally

Bitcoin price rallied towards the $38,000 resistance, but it failed to hold gains against the US Dollar. BTC started a fresh decline and it is now struggling to stay above $33,500. Bitcoin is showing a few bearish signs below the $35,000 and $35,500 resistance levels.

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Bitcoin (BTC) Price Analysis for January 27

Can traders expect a sharp drop of Bitcoin (BTC) to $28,000 after a breakout of $30,000?

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2 key metrics suggest Bitcoin price won’t be pinned below $33K for long

Key Bitcoin price metrics show the recent 12% drop to $30,800 has not stopped traders from buying dips ahead of this Friday's $4.9 billion BTC futures expiry.

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TA: Why Bitcoin Price Remains At Risk for a Fresh Drop to $30K

Bitcoin price recovered above $34,000, but it struggled near $35,000 against the US Dollar. BTC is currently declining and it remains at a risk of more losses below $32K. Bitcoin struggled to gain momentum above $34,500 and remained below $35,000.

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Grayscale Sweeped $1.27 Billion In BTC Off The Market In One Week

Despite the recent drop in the topmost cryptocurrency value by market cap, institutional traders, who have immensely been the asset’s driving force in recent times, haven’t slowed down in raking as much as they can lay their hands on off the market.

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