Bitcoin Price Analysis: BTC/USD fails to stay above the $7,500 level as market remains fearful
Bitcoin news

Bitcoin Price Analysis: BTC/USD fails to stay above the $7,500 level as market remains fearful

BTC/USD bulls and bears maintained a back-and-forth throughout Friday to take control of the market. The fear and greed index shows that the BTC/USD market is currently experiencing “extreme fear.” BTC/USD dropped from $7,510.78 to $7,477.75 as the bears took control after four consecutive bullish days. The price has encountered resistance at the upper curve…

Here’s What’s Driving a Bitcoin Buying Frenzy Amongst Retail Investors
Bitcoin news

Here’s What’s Driving a Bitcoin Buying Frenzy Amongst Retail Investors

On-chain data suggests that retail Bitcoin investors are currently engaged in a buying frenzy This comes close on the heels of the crypto’s terrifying plunge from $8,000 to $3,800 – which has since been followed by an unwavering uptrend The strength Bitcoin has shown in the face of massive macroeconomic weakness may be bolstering investor…

Bitcoin Validates “Coiled Power” as Analysts Set Their Sights on $8,000
Bitcoin news

Bitcoin Validates “Coiled Power” as Analysts Set Their Sights on $8,000

Bitcoin decisively broke through the resistance it previously faced at $7,200 It now appears that BTC broke out of a bullish pennant that could help push it higher in the days and weeks ahead This pennant now has serious “coiled power” as bulls were able to spark a movement within a key timeframe. After recapturing…

Bitcoin Poised For Short Term ‘Sell’ as Buyers Take Last Stand at $6,550
Bitcoin news

Bitcoin Poised For Short Term ‘Sell’ as Buyers Take Last Stand at $6,550

Bitcoin is currently consolidating above the $6,760 low against the US Dollar. BTC price could correct higher, but upsides are likely to face hurdles near $6,955 or $7,030. Bitcoin is showing signs of an upside correction from the $6,761 low against the US Dollar. A few key hurdles are forming on the upside near the…

Bitcoin Price Could Collapse to $2,000 Based On Golden Ratio
Bitcoin news

Bitcoin Price Could Collapse to $2,000 Based On Golden Ratio

Bitcoin price has failed to reclaim and hold above $7,000 and could retest lows set a month ago on Black Thursday. However, if that recent low fails to hold, the first-ever cryptocurrency could fall to nearly $2,000 according to a mathematical figure that coincidentally is located at an untapped support level from past Bitcoin bull…

Here’s why Bitcoin (BTC) Price Prediction Models May Now Fail
Bitcoin news

Here’s why Bitcoin (BTC) Price Prediction Models May Now Fail

Yuri Molchan Major crypto blogger believes there is a reason models for predicting the BTC price that have recently been relevant may now fail, here’s the explanation The attention of the crypto community is now focused on Bitcoin in the context of the approaching halving which is expected to occur on May 13 this year….

John Bollinger Says Bitcoin (BTC) Moving into ‘Squeeze Territory’ as Oil Price Goes Negative
Bitcoin news

John Bollinger Says Bitcoin (BTC) Moving into ‘Squeeze Territory’ as Oil Price Goes Negative

Alex Dovbnya Bitcoin (BTC) holds steady above $6,900 despite oil plunging to negative prices, but trading legend John Bollinger predicts a major move Trading guru John Bollinger says that Bitcoin (BTC) and altcoins are currently approaching a “squeeze territory.”  It means that it’s high time for traders to pay attention since another significant move might…

Bitcoin Price Prediction: Is BTC/USD still in the buy zone heading into the May halving?
Bitcoin news

Bitcoin Price Prediction: Is BTC/USD still in the buy zone heading into the May halving?

Bitcoin price is stable above $7,000 following the rally from levels under $6,500 last week. BTC/USD is about to enter a unique buy zone after crossing above the Ichimoku Cloud. The weekend session has been stable for most cryptocurrencies especially for Bitcoin. The bulls desire to close the week above $7,000 materialized with an opening…

Hopes and Strategies In Play As Miners Prepare For Bitcoin Halving
Bitcoin news

Hopes and Strategies In Play As Miners Prepare For Bitcoin Halving

The Bitcoin (BTC) halving is fast approaching, and already miners are swooping into action. Some are phasing out older mining hardware, while others are preparing to take equipment offline if the bitcoin price falls below certain thresholds after the halving. But while the halving will obviously reduce mining rewards by 50% and a chunk of…