Will Bitcoin crash again?

Will Bitcoin crash again?

The Bitcoin price has rallied about 18.50% in one week since it crashed to its six-month low of about $49,755. However, the cryptocurrency may further correct in the coming weeks due to a mix of technical and onchain indicators. Over 80% of Bitcoin’s long-term traders are still in profit. The ongoing correction cycle of BTC … Read more

Bitcoin important indicator shows ‘bearish cross’ below $58K.

Bitcoin important indicator shows ‘bearish cross’ below $58K.

A key Bitcoin indicator is raising new alarm bells among crypto traders, with a “bearish cross” signaling the asset may be headed for further decline — though history suggests this could actually be a good sign. “Bitcoin just printed a bearish cross on the daily chart,” pseudonymous crypto trader Mags wrote in an Aug 15 … Read more