Market Wrap: Altcoins Underperform as Bearish Sentiment Rises

2022-6-4 23:43

Crypto price bounces remain short-term despite extreme bearish sentiment, which is typical during a bear market. Bitcoin (BTC) declined off $30K again on Friday, while altcoins underperformed.

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sentiment bearish → Результатов: 126


Majority of Bitcoin holders are still in profit, $6,649 could be BTC’s key support level

Despite Bitcoin’s recent bearish condition and low market sentiment, the majority of Bitcoin holders are still in profit, according to data from the crypto analytics platform IntotheBlock. Just over 59 percent of addresses hold Bitcoin bought with an average purchase price below $7,470, putting them “in the money” on unrealized gains even after the cryptocurrency’s […] The post Majority of Bitcoin holders are still in profit, $6,649 could be BTC’s key support level appeared first on CryptoSlate.

2019-10-25 12:30


Crypto Analyst: Bitcoin Indicator Resembles Mid-2016 Bullish Beginnings

Much of the crypto market may have flipped sentiment to being bearish on Bitcoin after yesterday’s dump that bled out over $20 billion from the total crypto market cap. However, according to one of the most respected crypto analysts in the space, an important trend indicator suggests that the current price action very closely resembles.

2019-8-30 01:00


GXChain Price Analysis GXC / USD: Yet Another Buy-Back

GXChain has a bearish short-term bias with the cryptocurrency trading below its 200-period moving average on the four-hour time frame The four-hour time frame is showing that a bullish inverted head and shoulders pattern is forming A bearish double-top pattern continues to weigh on medium-term sentiment Fundamental Analysis GXC spiked after the project announced the […] The post GXChain Price Analysis GXC / USD: Yet Another Buy-Back appeared first on Crypto Briefing.

2019-7-26 16:09


Bitcoin’s recent surge speculated to be strongly correlated to global negative yielding debt

Bitcoin’s momentous boom has been the focal point of discussion for a lot of investors in the world of cryptocurrencies, with the market sentiment shifting drastically from bearish to bullish. The coin’s price was not the only parameter under the scanner as various factors like growth rate and market correlations have also been discussed.

2019-6-27 18:00


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Statistics Show Bitcoin Cash Is a Strong Contender After Crypto Winter

Over the last few weeks, bitcoin cash (BCH) and the network itself have been shining brightly after a year of bearish sentiment and the blockchain split last November. Most notably, this month BCH has shown a significant increase in daily transactions, the price has doubled, and today the network has produced the second highest value […] The post Statistics Show Bitcoin Cash Is a Strong Contender After Crypto Winter appeared first on Bitcoin News.

2019-4-19 23:45