The crypto market has been hit with recent concerns about Bitcoin’s potential price crash to key ranges between $52,000 and $54,000. A crypto analyst, Justin Bennett, has highlighted that Bitcoin has broken past key support levels, indicating a potential shift from a bullish to a bearish position. Bennett’s analysis suggests that Bitcoin’s price remains range-bound,
Bitcoin
The recent performance of Bitcoin in the crypto market has not been impressive, with the leading cryptocurrency struggling to maintain its position. This downward trend has also affected other large-cap assets, indicating a general decline in market sentiment. The price action data suggests that Bitcoin is currently not in a safe zone, as there is
Bitcoin is currently experiencing a significant decline, dropping below the $64,000 mark to a low of $63,564. This decrease represents a 2.5% drop in the last 24 hours and an overall 12% decline over the past two weeks. This downward trend has caused concern among investors and analysts. Amidst the decline, Arthur Hayes, the co-founder
The recent Bitcoin price crash below $66,000 has sent shockwaves throughout the market, resulting in over $90 million in liquidations within a 24-hour period. However, many analysts are warning that the worst may not be over yet. One notable crypto analyst, Ali Martinez, has expressed a particularly bearish viewpoint on the situation. Martinez predicts that
The Founder and Chief Investment Officer of Ikigai Asset Management, Travis Kling, recently shared his insights on the current state of Bitcoin and the broader cryptocurrency ecosystem. Kling highlighted that Bitcoin is currently about 10% off its all-time highs and noted that the timeline appears to be on the verge of cannibalism. Despite the NASDAQ
Born and raised in Edo State, Nigeria, Godspower Owie credits his upbringing to the strong influence of his three siblings. From a young age, they served as his idols and mentors, guiding him through life’s complexities and teaching him valuable lessons along the way. However, it is his parents that he describes as the true
The recent turbulence in the cryptocurrency market has led to a significant change in investor behavior. Bitcoin, traditionally considered the safest asset in the digital currency ecosystem, has seen a surge in dominance, reaching a nine-week high of 57%. Altcoins, on the other hand, have suffered the most in the market sell-off, with projects like
The cryptocurrency market experienced a significant shift in investor sentiment last week, with digital asset funds witnessing net outflows totaling $600 million. This marked a stark contrast to the previous five weeks, which had seen consecutive inflows amounting to a total of $4.35 billion. The outflows were primarily concentrated in Bitcoin and Solana funds, with
Bitcoin has experienced some turbulence recently, with its price steadily declining and raising concerns about a potential bear market. However, there are some analysts who are detecting faint bullish whispers that could indicate a potential reversal in the trend. One such indicator is the Bitcoin Taker Buy Sell Ratio, which tracks the balance between buy
Bitcoin has experienced a turbulent week in the market, with a 4.65% fall in its market price over the last seven days. Crypto analyst Ali Martinez has issued a warning, stating that Bitcoin faces the risk of further losses unless it can reclaim a specific support zone. According to Martinez, Bitcoin needs to surge above