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Bitcoin, Ethereum and Altcoins Trend Turns Bearish
14.7.2021
Bitcoin price remained in a bearish zone and it extended its decline below USD 32,500. BTC even broke the key USD 32,200 support zone. It is currently (04:28 UTC) showing bearish signs and it might accelerate lower towards USD 30,000.
Similarly, most major altcoins are trading in the red zone....
Asset Manager Guggenheim Lowers Bitcoin’s ‘Real Bottom’ Price Prediction
12.7.2021
Guggenheim CIO Scott Minerd has made another prediction about where the price of bitcoin will be, a lower estimate from his previous “real bottom” price prediction. The chief investment officer (CIO) of Guggenheim Partners, Scott Minerd, returned last week with another bearish...
Bitcoin price at risk of $30K retest following bearish triangle breakdown
8.7.2021
An overnight crash in the Bitcoin spot market Wednesday brought prices down from $35,077 to $32,250
Bitcoin, Ethereum and Altcoins Show Bearish Signs
1.7.2021
Bitcoin price extended its decline below the USD 34,000 support level. BTC even traded below USD 33,500, opening the doors for more losses. It is currently (12:29 PM UTC) struggling to recover and there could be more downsides towards USD 32,200.
Similarly, most major altcoins are moving lower....
Institutions turn bearish on ETH as record $50M exits Ether investment products
29.6.2021
Ether investment products have suffered record outflows this past week, while Bitcoin flows have begun to stabilize
Bitcoin Tests New Lows, Ethereum and Altcoins Gain Bearish Momentum
21.6.2021
Bitcoin price failed to recover and it extended its decline below USD 34,000. BTC even traded below the USD 33,500 and USD 32,200 support levels. It is currently (14:09 UTC) showing bearish signs and it might extend losses below USD 32,000.
Similarly, most major altcoins are gaining bearish...
Classic bearish chart pattern forms for Bitcoin as BTC price tumbles to $32K
21.6.2021
Bitcoin flashes a classic bearish technical pattern that could crash BTC prices to below $20,000
Bearish or Bullish? Bitcoin Traders Argue Over Death Cross Outcome
20.6.2021
On Saturday, cryptocurrency analysts and traders have been discussing bitcoin’s recent chart patterns and the infamous death cross pattern has been a topical conversation. A number of traders believe when bitcoin’s short-term moving average (MA) dips below the long-term MA, the crypto...
Traders search for bearish signals after Bitcoin futures enter backwardation
18.6.2021
Analysts search for bearish signals after the June BTC futures trade below spot exchange pricing
Ethereum price bounce to $2.6K fails to excite neutral-to-bearish pro traders
16.6.2021
Ethereum derivatives data highlights the lack of short-term strength as ETH price lags Bitcoin’s recovery to the $40,000 range
Commodity Strategist Mike McGlone Says $40K BTC Target ‘More Likely’ Than $20K
9.6.2021
Bloomberg Intelligence senior commodity strategist Mike McGlone believes bitcoin is “more likely” headed for $40K instead of $20K after discussing the possibility of capitulation in a recent tweet. McGlone’s opinion follows a number of predictions that say bitcoin could drop...
Bitcoin Futures Market in Capitulation Mode as Traders Turn Bearish
8.6.2021
The declining futures premium indicates uncertainty about bitcoin following a 35% correction in May and another 12% drop already this month
Crypto Market Signals Go Bearish But Long-Term Investors Still Accumulate
8.6.2021
Many of the key crypto market indicators have turned bearish during the past few weeks, with the last month bringing historically large declines by most on-chain activity metrics, according to on-chain activity and digital asset flow data. That said, it's still the new entrants who are selling...
Record $141M outflow from Bitcoin products signals institutions are bearish on BTC: CoinShares
8.6.2021
Institutional investors withdrew a record $141 million from Bitcoin investment products this past week
Ethereum has strong fundamentals, so why are pro traders bearish on ETH?
3.6.2021
Ethereum price has outperformed Bitcoin by 32% since May but derivatives data shows pro traders are feeling less bullish about the top altcoin
Guggenheim Registers Fund That Allows Bitcoin Exposure After CIO Calls Crypto Tulipmania, Predicts BTC Crash
3.6.2021
Guggenheim has registered a new fund with the U.S. Securities and Exchange Commission (SEC) that could have exposure to cryptocurrencies, particularly bitcoin. The filing came as the asset management firm’s chief investment officer repeatedly made bearish bitcoin predictions, calling...
Classic technical indicator foresees another massive Bitcoin price drop with $16K target
2.6.2021
Bitcoin is forming a textbook downside continuation structure called Bearish Pennant whose ultimate breakout target lurks near $16,000
Bearish Bitcoin bites, fears of further falls, regulation woes build: Hodler’s Digest, May 23–29
29.5.2021
Bearish signals are growing in the crypto markets as tighter regulations and environmental concerns cast a dark shadow over Bitcoin
Bearish signals grow as Bitcoin price drops to $35K and traders ignore the dip
28.5.2021
Bitcoin price hangs slightly above $35,000 while traders simply watch the dip from the sidelines
Dogecoin Has ‘Remarkably Strong Fundamentals’ Despite Deficiencies, Says Mike Novogratz’s Galaxy Digital
6.5.2021
Bitcoin bull Mike Novogratz’s company, Galaxy Digital, has analyzed dogecoin and concluded that “despite its deficiencies, dogecoin has remarkably strong fundamentals and powerful forces supporting its rise.” Novogratz admitted that he had been too bearish on the cryptocurrency....