Key Takeaways Bitcoin has dropped by nearly 70% from its all-time high. Several metrics now suggest that the market bottom is near. Still, BTC could fall to $15,670 before the trend reverses. Shar...
Tag: Bottom
Altcoins in a Recent Breakdown as Cryptos Reach the Bottom of the Market
Jun 14, 2022 at 12:03 // Price Virtually, cryptos’ percentage performances are in the red due to the recent collapse. On Monday, June 13, the blockchain industry collectively collapsed as trader...
Galaxy Digital CEO, Mike Novogratz: “Crypto Market Nearer To Bottom Than Stocks”
– Advertisement – Crypto Market Nearer To Bottom Than Stocks. According to a Bloomberg report, the founder and CEO of Galaxy Digital Holdings Ltd., Mike Novogratz, suggested that cryptocur...
Bitcoin derivatives data shows no ‘bottom’ in sight as traders avoid leveraged long positions
Bitcoin (BTC) lost the $28,000 support on June 12 following worsening macroeconomic conditions. The United States Treasury 2-year note yield closed on June 10 at 3.10%, its highest level since Decembe...
Is This Capitulation? Veteran Trader Tone Vays Calls for Bitcoin (BTC) Bottom – Here’s When
A seasoned Bitcoin (BTC) trader says capitulation is right around the corner for the largest crypto asset by market cap. In a recent live stream, Tone Vays says there isn’t enough volume on the BTC ma...
Bitcoin’s Relative Strength Index hits an all-time low; Did BTC just hit the bottom?
The effect of the cryptocurrency sector’s ongoing volatility has been highlighted by Bitcoin’s monthly Relative Strength Index (RSI), which has hit its lowest point on record. As of June 13, Bitcoin h...
After Breaking Below $1500, Where is the Bottom for ETH? (Ethereum Price Analysis)
Ethereum lost 20% of its value in the last three days and has performed much worse than Bitcoin. Speculations about the Celsius network liquidity crisis have intensified the panic sell. Where is the b...
Bitcoin Price Bottom Below $30k, While BTC Dominance Raise!
Over the last two weeks, the cryptocurrency market has been in a severe bear market. It’s the same with Bitcoin price as well. The flagship currency that was maintaining its price above $30k, has now ...
NEAR Protocol: Despite showing network growth, why is its token ‘NEAR’ the bottom
Famous for providing users with regular updates on activities on its network, yesterday, the Near Protocol in a Twitter thread, whilst informing members of its June Town Hall Meeting, highlighted the ...
Airbnb hit bottom at $112 and reemerged to build bullish momentum
Airbnb Inc. (NASDAQ:ABNB) has been in the news a lot lately. That is mainly because of an announcement about closing domestic business in China. The company is also being sued in Australia because of ...
Bitcoin MVRV Ratio Declines, But Not Near Bottom Zone Yet
Data shows the Bitcoin MVRV ratio has gone down recently, but the metric’s value is still above the historic bottom zone. Bitcoin MVRV Ratio Observes Decrease, But Value Still Greater Than 1 As explai...
Crypto Bear Market Bottom Might Be Close, Eccentric Indicator Says
Vladislav Sopov Seasoned blockchain analyst shared eccentric chart that shows correlation between Bitcoin (BTC) price and search trends Contents Bottom might be close as people are scared by “be...
History Suggests Bitcoin Bottom Still Not In, Says Top Crypto Analyst – Here’s His Target
A popular crypto strategist is looking at one key metric to determine whether or not Bitcoin (BTC) has finally reached the bottom during the current extended bear market. The pseudonymous trader Rekt ...
Bitcoin (BTC) Holds At $30K, But Is Yet To Find A Bottom
Bitcoin (BTC) prices have consolidated around the $30,000 level for over a month, with few factors providing an upward boost. BTC is currently trading at $30,318, largely unchanged from where it was i...
What stocks should I buy now if we’re nearing a market bottom? Evercore likes these 3 hyper-growth tech plays to provide an ‘additional boost’ in a comeback rally
What stocks should I buy now if we’re nearing a market bottom? Evercore likes these 3 hyper-growth tech plays to provide an ‘additional boost’ in a comeback rally Despite all three m...
Solana Ranks Near Bottom on DeFiSafety Technical Risk Score
Independent ratings organization DeFiSafety had few compliments for Solana following its repeated outages and reliability issues this year. The firm, which generates Process Quality Reviews (PQRs) for...
Altcoins in Danger of Getting Wrecked As Bitcoin Forms Bottom, According to Top Crypto Analyst
A popular crypto strategist is highlighting one key metric to determine whether or not Bitcoin (BTC) will outshine altcoins in the coming months. The pseudonymous trader Rekt Capital tells his 312,300...
Insiders Call a Bottom in These 2 Stocks
Every investor knows that the path toward profits lies in buying low and selling high. That’s a basic precept of any economic trading system. The trick, however, is recognizing when the stock is low e...
Solana, Dogecoin and This Type of Crypto Asset Are Top Altcoins To Accumulate in Bear Market Bottom, According to Popular Analyst
A closely followed crypto strategist is unveiling his top altcoin picks in preparation for a bear market bottom. In a new strategy session, pseudonymous trader DonAlt warns altcoins can still go down ...
The Bottom May Not Be In, But How Low Can Bitcoin Go?
Bitcoin has been on one of its longest downtrends yet. Although it has been recovering recently, there has not been enough upward momentum to truly guarantee that the market may be headed for another ...
$31,000 Signals a Bottom? Find Out More
Bitcoin is continuing to rise and stabilize, owing to globally optimistic signals. In the preceding week, the cryptocurrency rose more than 8%, breaking above the $31,000 mark. As per CoinMarketCap, t...
Terra is down $6.0 – Is it the Bottom?
Many investors thought they wouldn’t hear another “Terra is down” since launch. They have not only been wrong, but crypto investors are wondering if the tragedy is going to repeat itself. The relaunch...
Bitcoin NUL Suggests More Downside To Come Before The Bottom
On-chain data shows the Bitcoin NUL indicator is still below a value of 0.5, a sign that more downtrend could be in store for the crypto before the bottom is in. Bitcoin Net Unrealized Loss Surges Up,...
Buy the bottom as Chewy beats analyst expectations on revenue growth
Chewy Inc. (NYSE:CHWY) is trending after releasing a mixed earnings report. The valuation of $23.49 is close to the 52-week bottom. The stock’s performance from this level will depend on how well the ...
Bitcoin Struggles Around $30K but Is The Bottom Getting Closer? (BTC Price Analysis)
Bitcoin’s price has been consolidating for almost a month, as the price failed to break below or rebound from the $30K area over an extended period. This is a significant level as it has previously he...
Bitcoin touches $30K as ex-BitMEX CEO hopes $25K marks BTC price ‘local bottom’
Bitcoin (BTC) recovered to $30,000 prior to the June 2 Wall Street open as feet remained cold across crypto markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Crucial breaker ...
Bitcoin and Ethereum Bottom At These Levels, Says BitMex Founder
Bitcoin and Ethereum may have found a bottom to their recent losses, says Arthur Hayes, co-founder of crypto exchange BitMex. Hayes said in a blog post that Bitcoin’s bottom range is between $25,000 t...
Shiba Inu (SHIB) Creates Double Bottom After Bounce From May Lows
Shiba Inu (SHIB) has increased by 30% since its May 12 bottom and created its first higher low in the process. SHIB has been falling since reaching an all-time high price of $0.000088 on Oct 28. Initi...
Here’s Why Bitcoin (BTC) Could Bottom Out At $23K
Popular analyst Rekt Capital believes the BTC price will form a bottom at around $23k to the 200-week moving average (200-WMA). In fact, the recent Bitcoin recovery could be short-lived as historicall...
Bitcoin [BTC]: Whether it is the dip or the bottom, AUM stats say this
The bears have finally decided to pause their chase and take some rest considering the latest movements in the crypto-market. Bitcoin, of late, has been able to get back its rhythm, with the crypto tr...
GMT ‘runners’ look dismayed; will STEPN lose the race to the bottom
Following the tragedy that trailed TerraLUNA and its eventual collapse, regulators worldwide have become skeptical of cryptocurrency projects and a clampdown is underway in some regions. On 26 May, ST...