Crypto Market Sentiment Drops to "Extreme Fear"

2022-4-12 15:37

Cryptocurrency market becomes fearful as Bitcoin shows weakness, falling below $40,000

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market weakness → Результатов: 126


Inverse Signals: Why Bitcoin Weakness Is Attributed To Dollar Strength

Bitcoin price is currently on the ropes, potentially about to lose support at around $56,000. But could the recent weakness in the cryptocurrency market be more a factor of a strong dollar? TD Sequential Triggers Anti-Correlated Signals On BTCUSD, DXY Weeks ago, we posed the question if or not the Dollar Currency Index making new highs in 2021 was a dangerous situation for Bitcoin.

2021-11-23 00:39


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Ethereum Reaches a “Vital” Point as Bulls Fail to Flip Resistance to Support

Ethereum and the entire crypto market has faced some weakness throughout the past couple of days Although both BTC and ETH are trading well above their recent lows, it is important to note that bears are in the process of reversing yesterday evening’s gains This downtrend could prove to be bearish for ETH, as the crypto has been unable to flip a key resistance level into support This comes as it ventures into what one […]

2021-1-13 01:00


Dollar Hungover, Bitcoin & Ethereum Give BTD Opportunity; Total Crypto Market Cap Poised to Hit $1 Trillion

While dollar is expected to see more weakness, after the retail buying over the holidays, institutional investors returning to their desks this week are expected to boost BTC prices further. The post Dollar Hungover, Bitcoin & Ethereum Give BTD Opportunity; Total Crypto Market Cap Poised to Hit Trillion first appeared on BitcoinExchangeGuide.

2021-1-4 16:30


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Why the Bitcoin Correction Everyone is Waiting for May Take Some Time

Bitcoin has navigated higher following a brief period of immense weakness yesterday, with the cryptocurrency now pushing above the $23,000 region once again Where the entire market trends in the mid-term should depend largely on where ETH and BTC trend next, as they both have been holding firm guidance over altcoins Many investors and analysts have voiced the opinion that Bitcoin will see a strong and swift correction down towards the $19,000 region at some […]

2020-12-23 21:00


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Ethereum’s Bullish Trend May Not Stop It from Seeing a Strong Correction: Analyst

Ethereum and the entire cryptocurrency market have been facing some immense turbulence throughout the past few days and weeks The selling pressure seen by the cryptocurrency within the upper-$600 region has been quite intense, and may cause it to face continued weakness One trader is now noting that where the market trends next will depend mostly, or entirely, on Bitcoin He notes note that he is looking for ETH to see a strong correction over […]

2020-12-23 01:00


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This Coinbase Trend Could Signal Another Bitcoin Rally is Imminent

Bitcoin’s price is inching higher this morning following a bout of weakness seen yesterday Its present strength comes as the entire market moves higher, with bulls gaining a serious edge over the cryptocurrency’s price action Twitter activity from prominent figures like Elon Musk and others have also boosted the cryptocurrency, sending its price rocketing back towards $24,000 It remains unclear as to whether or not this will be enough to boost the crypto in the […]

2020-12-21 22:00


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Bitcoin Rallies Towards $24,000 as Market-Wide Uptrend Continues

Bitcoin saw a massive surge higher earlier today that allowed it to break above $24,000 for the first time Where the aggregated crypto market trends in the mid-term may depend largely on whether or not buyers can flip $24,000 into a support level It does appear that the selling pressure just above here is quite intense and may cause it to see continued weakness One trader is now pointing to the resistance just above where […]

2020-12-20 21:09


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Ethereum Could Explode Higher if Bulls Defend This Newly Formed Support

Ethereum could be on the cusp of seeing an explosive move higher in the coming few days This notion seems rather surprising, given the weakness seen across the entire market as of late, but its price has been able to hold above one crucial level This level could act as a base for further growth in the days and weeks ahead, and ultimately put the control of its near-term trend back into the hands of […]

2020-12-10 23:00


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Chainlink Shows Signs of Weakness Against BTC as Price Slides Lower

Chainlink has been closely tracking the aggregated cryptocurrency market throughout the past few days and weeks This has caused it to see some notable consolidation, as well as some slight downside throughout the past 24-hours The main source of selling pressure on LINK’s price has been the weakness seen across the aggregated market ETH and […]

2020-12-9 02:00


Here’s the Current Political Event That’s Driving Bitcoin Higher: Economist

Bitcoin has rapidly become a macro asset throughout the past few weeks and months, with the crypto trading largely based on global economic trends and events This has greatly benefited the cryptocurrency as of late, with a combination of stock market strength, weakness in the Dollar, and some economic uncertainty in the future all bolstering it One economist is now noting that there is one crucial economic event that will likely guide Bitcoin’s price action […]

2020-11-7 02:00


Ethereum “Crashes Heavily” Against BTC as Market Faces Strong Pullback

Ethereum has been severely underperforming Bitcoin as of late, which has led the ETHBTC trading pair to see immense weakness It is currently plunging lower as Bitcoin’s $13,800 rejection sends shockwaves throughout the market Although it has reached its first key support zone, weakness seen by both BTC and ETH individually will likely drag it significantly lower in the near-term This weakness can only be reverted if bulls step up and propel both the cryptocurrencies […]

2020-10-29 23:00


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Ethereum to Hit $240 as Analysts Claim Market Structure Looks “Abysmal”

Ethereum’s price action has been strikingly similar to that of Bitcoin, and the crypto has been unable to garner any independent momentum This has led ETH to consolidate between $340 and $360 throughout the past couple of days Its reaction to any signs of weakness from BTC has been quite pronounced, which could mean that it will see an extreme reaction to any Bitcoin downturn Analysts are now noting that Ethereum’s market structure looks “abysmal” […]

2020-10-8 23:00


Why One Bitcoin Analyst Believes the Market is “Scared for All the Wrong Reasons”

Bitcoin’s price action as of late has been driven by a combination of recent news developments, jitters within the macro-economic environment, as well as technical weakness. That being said, these factors have not been enough to push the benchmark cryptocurrency below any crucial support levels, as it is still trading within the macro trading range […]

2020-10-3 19:00


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Bitcoin to Hit Critical Support Level as Analysts Eye Drop to CME Gap

Bitcoin’s price is currently plunging, with the growing sell-side pressure coming from a combination of technical uncertainty, weakness in the stock market, and strength in the US Dollar BTC’s recent inability to break above $11,000 may also be one factor behind this recent turbulence, as it elucidated underlying weakness amongst bulls One trader, in particular, is now noting that he is expecting the crypto to see some serious near-term downside He is setting his sights […]

2020-9-23 02:00


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Ethereum Weakens as Analysts Eye Possibility of Major Downside

Ethereum is showing some signs of weakness as its price trades below $380 Breaking above this level was a significant technical development that caused many analysts and traders to flip bullish on the crypto As its weekly candle close fast approaches, however, bears seem to be regaining control over its near-term outlook There’s a high probability that this will cause it to see further near-term downside, potentially striking a blow to its macro market structure […]

2020-9-21 22:00