Tags : Bearish

Bitcoin

Veteran trader points out bearish ‘CME gap’ as Bitcoin, Ethereum

Veteran dealer factors out bearish ‘CME hole’ as Bitcoin, Ethereum take successful Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Bitcoin · Ethereum › Evaluation Crypto markets noticed acquainted draw back on Friday, forward of the weekend. In the meantime, one dealer identified an unfilled ‘hole’ […]Read More

Bitcoin

Bitcoin inches to $61,000, but on-chain data turns ‘mostly bearish’

Bitcoin inched nearer to its $61,711 all-time excessive worth over the weekend amidst sturdy adoption and favorable sentiment for the world’s largest cryptocurrency by market cap. Booming Bitcoin and uptrending charts A number of firms have dipped into the asset final 12 months, with names like enterprise analytics agency MicroStrategy and electrical maker Tesla selecting […]Read More

Bitcoin

Boom for Bitcoin as Macro Analysts Stick to Their Bearish

Bitcoin and the US greenback have stopped caring about their inverse correlation heading into 2021. The flagship cryptocurrency closed the primary quarter greater than 100% larger as an increasing number of establishments grew to become accustomed to its safe-haven traits. As an illustration, US carmaker Tesla revealed that it changed $1.5 billion of its money […]Read More

Bitcoin

Bearish Divergence Flashes Warning for Bitcoin as Price Nears $60,000

A extensively traced technical indicator within the Bitcoin market is signaling bullish exhaustion because the cryptocurrency flirts with $60,000. The 14-day Relative Power Indicator (RSI), which alters merchants about Bitcoin’s oversold and overbought situations, has shaped decrease highs to date in 2021, decoupling from the cryptocurrency’s relentless uptrend, which is forming larger highs because the […]Read More

Bitcoin

Bitcoin Wipes Off Dangerous Bearish Cross After Fed Holds Rates

Key Bitcoin Takeaways Bitcoin shaped a bearish cross earlier this week because it underwent a significant sell-off. However the cryptocurrency counterbalanced fears of an additional draw back correction after the Federal Reserve’s coverage replace. The US central financial institution introduced that it will hold near-zero rates of interest regular. Earlier this week, a loss of […]Read More

Bitcoin

Powell Comments Leaves Bitcoin Market Sour; Bearish Assault Ahead?

A dayslong sell-off within the Bitcoin market intensified, and Treasury yields jumped Thursday, as Federal Reserve Chairman Jerome Powell did little in subsiding fears concerning the current spike in authorities debt promoting. On the Wall Road Journal Jobs Summit, Mr. Powell reiterated that the US economic system is way from attaining most employment. He spoke […]Read More