Investors are dubious that BTC can correct up to $30,000. Bitcoin is down 1.48% in the last 24 hours. Amid the recent drop in the value of U.S. equities, Bitcoin (BTC), the biggest cryptocurrency globally, is under pressure. After a 2.7 percent drop in the Dow Jones index, Bitcoin (BTC)
According to the BTC daily chart, an upward movement is expected. Bitcoin has been down 1.18% in the last 24 hours. Since hitting a local high of $42,976 on April 21, the price of bitcoin has been declining. On April 26, the market hit a low of $37,700. The breakdown
Bitcoin is up 1.61% in the last 24 hours. At $36,271, one level of support might halt the negative trend. There was a highly bearish setup on the bitcoin price, which had already been violated. BTC seemed to be following a bear flag pattern, a bearish continuation pattern. The price
Weak results from key technology corporations fueled the most recent fall in the Nasdaq. Investors also sold down Microsoft shares ahead of the company’s earnings call. In the wake of the Bitcoin (BTC) plunging on Wednesday, the crypto market saw a significant exodus of investors. As a result, the token’s
A daily close below $37,500 would find solace in $35,000. Bitcoin is down 1.43% in the last 24 hours. BTC price started the session on a green note and consolidated in a range between $40,200 and $40,800. However, the price failed to sustain the previous day’s recovery gains as the
The fallout from the 3-months-old ascending channel hints about a further decline in Bitcoin BTC). After a successful retest of the breach resistance trend line, the coin price has fallen below the $40,000 support level. However, an RSI chart with a positive divergence casts doubt on the validity of a
On April 24, the bullish BTC price analysis is at $48316.69. BTC’s bearish market price analysis for April 24, 2022, is $33155.06. Bitcoin’s MA shows a downward trend. In Bitcoin Perpetual Future (BTC) price analysis on April 24, 2022, we use price patterns, and the Moving Average of BTC to
The S&P 500 and the Nasdaq 100 were both down 1.75 percent and 1.43 percent. Bitcoin is down 2.21% in the last 24 hours. Early in the day, on April 23, cryptocurrency prices were red. Over the last 24 hours, the worldwide cryptocurrency market capitalization has decreased by 1.82 percent,
The tech-heavy Nasdaq (COMP.IND) is down a stunning 17.3 percent YTD. According to Google Trends, retail interest in Bitcoin has been down since mid-2021. It seems that investors are pricing in an even more aggressive route for the Federal Reserve to raise interest rates, which is hurting the value of
Bitcoin may continue to decline if the $41,000 level of resistance is not broken soon. Bitcoin has been down 3.67% in the last 24 hours. The $41,500 resistance level was breached, but the price of bitcoin stayed considerably above it. BTC accelerated and broke over the $42,000 barrier. It even
