Bitcoin Price Analysis: BTC Correction Is Not Over Yet, $30K Before $40K?

Another volatile weekend: the Bitcoin price is down by 7% over the past 24 hours after losing critical support at $36,000. Only three days ago, the cryptocurrency pushed over $40K but failed to close above the benchmark level. After failing at $40K, BTC started losing altitude on Friday as it broke beneath a short term […] …

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JP Morgan Warns a US Bitcoin ETF Could Bust BTC Prices in the Short Term

Strategists at the Wall Street bank have warned that the approval of a Bitcoin exchange-traded fund in the U.S. could negatively impact its price in the short term. …

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Bitfinex whale “claims” $1.7 billion Ethereum long opened in March 2020

If you’ve been on Crypto Twitter any time over the past year, you’ve likely seen much discussion about Bitfinex’s Ethereum market.
The post Bitfinex whale “claims” $1.7 billion Ethereum long opened in March 2020 appeared first on CryptoSlate. …

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Bitcoin Price Analysis: BTC Retests Critical 2-Month Support, Will It Hold?

Bitcoin price continues to slide away from $18,000 today and has now returned to the 4-hour 200 EMA line (red) for the first time since October 8th, 2020. Historically, this line has been a key long-term support for BTC and even though the leading crypto is inside the worrisome CME gap, it’s actually is getting […] …

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Bitcoin Price Analysis: Will BTC Close The CME Gap Soon And Retest $17,000?

Bitcoin bears have successfully taken back control of the asset this week and are now trying to secure a daily close beneath the $18K for the first time since this month. The global crypto market capital has been steadily declining over the last seven days and is now back below $540 billion. Right now, the […] …

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Bitcoin Price Analysis: Can BTC Surpass $20K Soon Despite The CME Gap?

Bitcoin price is recovering from yet another heavy sell-off this week after prices fell $1,600 on December 1 to a low of $18,100. Despite fears of BTC closing the substantial CME gap below between $18,275- $16,995 (see chart), bullish traders have managed to successfully drive prices back above the psychological $19,000 mark. If they can […] …