Bitcoin (BTC/USD) extended its recent pullback early in the Asian session as the pair continued to weaken after peaking around the 21711 area, representing a test of the 76.4% retracement of the depre...
Tag: BTCUSD
BTC/USD Eyeing 20867 As Technically Significant: Sally Ho’s Technical Analysis 22 June 2022 BTC
Bitcoin (BTC/USD) struggled to retain recent gains early in the Asian session as the pair struggled to move back above the 21000 figure after trading as low as the 19805.09 area, representing a test o...
BTC/USD Peaks Around 20795: Sally Ho’s Technical Analysis 21 June 2022 BTC
Bitcoin (BTC/USD) struggled to sustain a small improvement early in the Asian session as the pair tried to get back above the psychologically-important 20000 figure after peaking around the 20795.11 a...
Bitcoin rallies back above $20,000 on Sunday, after hitting 18-month low
Bitcoin prices rallied Sunday, topping the $20,000 level again after falling to an 18-month low Saturday amid a weeks-long cryptocurrency rout. Bitcoin BTCUSD, +0.48% surged about 16% in the past 24 h...
BTC/USD Elects Stops Below 17787: Sally Ho’s Technical Analysis 20 June 2022 BTC
Bitcoin (BTC/USD) extended its extremely negative technical sentiment early in the Asian session as the pair tried to stage a small recovery after printing as low as the 17567.45 area, its weakest sho...
Bitcoin’s nosedive through the $20,000 mark is a Minsky Moment for crypto: ‘Psychologically for a lot of people, this is galling’
Is bitcoin BTCUSD, +4.03% facing a breaking point? That’s what some investors, acolytes and otherwise, might be contemplating, as the cryptocurrency’s descent accelerates over the weekend. The world’s...
BTC/USD Worsens to Sub-20000 Print: Sally Ho’s Technical Analysis 19 June 2022 BTC
Bitcoin (BTC/USD) continued to suffer from acute negative technical sentiment early in the Asian session as the pair continued to trade below the 21000 figure after recently trading as low as the 1871...
Bitcoin slumps below $20,000 as cryptocurrency rout rolls on
Bitcoin traded below $20,000 on Saturday, extending the slide that has wiped out trillions in market value from cryptocurrencies. Bitcoin BTCUSD, -7.07% traded down 8% to $19,029, extending a slide fr...
Bitcoin price analysis: BTC/USD in bottomless pit as bears target $19k
coin360 Bitcoin price analysis shows that the pair is nowhere near the bottom as bearish market sentiment is pointing towards another decline. The BTC/USD pair is struggling to cross $21k mark since l...
BTC/USD Poised for Additional Technical Weakness: Sally Ho’s Technical Analysis 18 June 2022 BTC
Bitcoin (BTC/USD) extended its devastating recent pullback early in the Asian session as the pair traded near eighteen-month lows following its acute plunge below several technical support levels incl...
Bitcoin crash: These three metrics show how bad the carnage is, and what to expect next
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’ll walk you through what’s going on in the current bear market. As usual, find me on T...
BTC/USD Facing Stiff Headwinds Following Bearish Assault: Sally Ho’s Technical Analysis 17 June 2022 BTC
Bitcoin (BTC/USD) remained firmly on the defensive early in the Asian session as the pair continued to suffer from extremely bearish technical sentiment that recently saw it print at its weakest level...
Crypto crash: What contagious risks could Celsius, Three Arrows pose? Here’s what to watch
The latest crisis started Sunday with Celsius, one of the biggest crypto lending platforms, pausing all withdrawals, swaps and transfers between accounts. The company reportedly has hired restructurin...
BTC/USD Bears Continue to Dominate: Sally Ho’s Technical Analysis 16 June 2022 BTC
Bitcoin (BTC/USD) continued to suffer from extremely bearish technical sentiment early in the Asian session as the pair remained within striking distance of establish a fresh 18-month low. The pair’s...
‘The economy is going to collapse,’ says Wall Street veteran Novogratz. ‘We are going to go into a really fast recession.’
Veteran investor and bitcoin bull Michael Novogratz doesn’t have a rosy outlook on the economy, which he described as headed for a substantial downturn, with the likelihood of a “fast recession” on th...
Why stocks and bonds went into relief-rally mode after Fed’s jumbo rate hike
Financial markets suffered an absolute bloodbath in the days leading up to Wednesday’s Federal Reserve decision, with stocks plunging and bond yields soaring in the wake of surprisingly hot inflation ...
Bill Gates slams cryptos, NFTs as ‘100% based on greater fool theory’
“You have an asset class that’s 100% based on some sort of greater fool theory that somebody’s going to pay more for it than I do…” That was Microsoft MSFT, +1.40% co-founder Bill Gates delivering his...
BTC/USD Acutely Lower and Eyeing 19943: Sally Ho’s Technical Analysis 15 June 2022 BTC
Bitcoin (BTC/USD) remained extremely pressured early in the Asian session as the pair traded at its weakest level since December 2020 after Stops were elected below the 24365.11 area, a downside price...
Bitcoin down 70% from all-time high. Why is crypto market crashing?
Cryptocurrencies have been crashing. Bitcoin BTCUSD, -3.21% plunged to as low as $20,834 late Monday, the lowest level since December 2020 and down about 70% from its all-time high in November. The No...
Binance resumes bitcoin withdrawals as crypto prices crater
The world’s largest cryptocurrency exchange, Binance, resumed withdrawals of bitcoin after it instituted a “temporary pause” Monday morning that latest several hours, the company said. Binance founder...
Bitcoin tumbles through $24,000 in crypto crash. This chart shows how much worse a selloff could get.
Cryptocurrencies kicked off a new week with deep losses, extending weekend selling following surprisingly high U.S. inflation data and troubles for a major cryptocurrency exchange. Bitcoin BTCUSD, -1...
BTC/USD Establishes 18-Month Lows: Sally Ho’s Technical Analysis 14 June 2022 BTC
Bitcoin (BTC/USD) extended its recent weakness early in the Asian session as the pair sharply weakened to the 23107.95 area after encountering selling pressure around the 28314.52, 26229.91, and 25436...
Dow futures slump nearly 600 points as second day of selling in store after inflation shock
U.S. stock futures looked set to break below the lows of May, as financial markets continue to reel from a surprise acceleration in inflation just days ahead of a Federal Reserve interest-rate decisio...
Bitcoin Slips Below $25,000 as Celsius and Fed Batter Confidence
Text size Bitcoin has been hurt by a loss of confidence sparked by interest-rate hikes and problems at Celsius, one of the biggest crypto lenders. Paul Yeung/Bloomberg Bitcoin, the largest cryptocurre...
BTC/USD Pressured Below 29301: Sally Ho’s Technical Analysis 13 June 2022 BTC
Bitcoin (BTC/USD) added to ongoing negative technical sentiment early in the Asian session as the pair continued to weaken below the psychologically-important 30000 figure, trading as low as the 27148...
Cryptocurrency selloff extends through the weekend after Friday’s hot inflation reading
Bitcoin and other cryptocurrencies tumbled on Sunday as losses for the asset class built over the weekend following U.S. data that showed persistent inflation pressures. Bitcoin BTCUSD, -1.93% dropped...
BTC/USD Tests Bids Around 28821: Sally Ho’s Technical Analysis 12 June 2022 BTC
Bitcoin (BTC/USD) remained on the defensive early in the Asian session as the pair was unable to sustain a recent move above the 30000 figure and depreciated to the 28821.15 area, its weakest print si...
BTC/USD Remains Pressured Below 31635: Sally Ho’s Technical Analysis 10 June 2022 BTC
Bitcoin (BTC/USD) looked pressured early in the Asian session as the pair continued to trade below the 31635.61 level, representing the 76.4% retracement of the depreciating range from 32383.96 to 292...