On Chain Metrics Show BTC is Oversold, Indicating a Relief Rally to $40k in coming weeks

2022-1-23 17:10

The recent market crash erases nearly $1 trillion in market capitalization. With Bitcoin breaking a major support level at $40k, the global market sentiment turned bearish. And many market participants are expecting BTC to reach 30K before making a bounce.

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market 40k btc global sentiment turned bounce

market 40k → Результатов: 59


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“Bitcoin Is In The Early Stages Of A Brutal Bear Market”, Says Critic As BTC Risks Plunging Below $40k

Bitcoin has been getting a lot of criticism from skeptics, who in the usual fashion point out the possible pushback that the benchmark cryptocurrency is likely to face. Bitcoin’s failure to begin the year on a bullish note has been interpreted by cynics as a sign that the asset has reached its peak. Putting it […]

2022-1-6 01:15


Bitcoin Chills Around $40k as USD Slides After Fed Says It Has A Ways to Go Before Tapering Ends; GDP Rises Slightly, Better than Q1

The US central bank has made no decision regarding the timing of the tapering; as such, the market has now shifted its focus on the Jackson Hole conference of central bankers in late August. The post Bitcoin Chills Around k as USD Slides After Fed Says It Has A Ways to Go Before Tapering Ends; GDP Rises Slightly, Better than Q1 first appeared on BitcoinExchangeGuide.

2021-7-29 17:11


JPMorgan Remains ‘Bearish’ as it Refuses to “Abandon Negative Outlook,” Calling for $25k

Despite the price of Bitcoin sliding under $29,000 earlier this week, it continues to trade in the $30k-$40k range. While money continues to flow into the market and China’s crackdown on crypto mining and trading seems to be coming to an end, especially with less than a week left for the politically sensitive 100th anniversary […] The post JPMorgan Remains ‘Bearish’ as it Refuses to “Abandon Negative Outlook,” Calling for k first appeared on BitcoinExchangeGuide.

2021-6-25 15:17