Bitcoin, Altcoins Fall Toward New Lows As Stocks Digest New...
US trade policy and stock market weakness spilt over to crypto markets, where Bitcoin and altcoins are at risk of falling to new year-to-date lows.
US trade policy and stock market weakness spilt over to crypto markets, where Bitcoin and altcoins are at risk of falling to new year-to-date lows.
Bitcoin and altcoins showed strength in the US session, but technical charts suggest the bears may continue to exert pressure near the intraday highs.
Bitcoin price lows in the $50,000 range could become reality if the critical $65,000 support gives way. Technical charts also forecast bearish outcomes for most altcoins.
Technical charts suggest Bitcoin bulls must hold BTC price above $70,000 to avoid a pattern confirmation to new lows under $60,000. Will altcoins also hold up?
Technical charts suggest the crypto market’s relief rally may hold, especially if Bitcoin bulls succeed in flipping $70,000 back to support.
Bitcoin and select major altcoins are likely to find strong buying near their recent lows, but the bears may continue to exert pressure near each token's respective range high.
Negative investor sentiment and the risk of selling near the range highs may continue to put pressure on Bitcoin and altcoins, invalidating the view that the market bottom is in.
Bitcoin and the wider crypto market are rebounding from deeply oversold levels, but data suggest it's too early to confirm that a trend change is in progress.
Crypto markets plummet to new lows as Bitcoin nearly drops below $72,000 and ETH risks a dip under $2,000.
Bitcoin bounced off the critical $74,500 level, and ETH followed, but data fails to confirm whether a market bottom is in.
Bitcoin and altcoins trade dangerously close to their key support levels, and charts remain mixed on whether bulls view the current pricing as discounted.
Bitcoin surged to $90,500 as the Fed’s rate cut decision looms, and a predicted catch-up rally to gold could lead bidders to keep chipping away at the overhead resistance level....
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