Five warning signs Bitcoin’s price could be about to crash: CryptoQuant
There are five key indicators that can help investors tell if Bitcoin is bearing a local top, and one of them is already flashing red.
Auto Added by WPeMatico
There are five key indicators that can help investors tell if Bitcoin is bearing a local top, and one of them is already flashing red.
CryptoQuant CEO Ki Young Ju tips Bitcoin to finish the year at $58,974 but another analyst disagrees, saying a major pullback is unlikely.
Bitcoin dominance has notched a new yearly high amid a brutal Ethereum-led sell-off.
A sudden crypto market nosedive has seen over $600 million in leveraged long positions wiped out, as Bitcoin, Ether and otther cryptocurrencies tumbled sharply.
Analysts say Bitcoin could sink as low as $50,000 but said strong macro and an entrenched “buy the dip” mentality could see price rebound quickly.
According to 10x Research, Bitcoin’s potential drop below $50,000 is linked to dwindling buy flows and accelerating sell flows.
The price of Bitcoin briefly dropped as low as $57,900 amid a wider sell-off in the crypto market.
The price of Bitcoin suddenly dropped 6.5% to fall below $41,000 on Dec. 11, wiping out around five days of gains. The price of Bitcoin […]
