Since yesterday, the volume has dropped by over a quarter of a percent. After the fall, the crypto market lost billions, putting Bitcoin in danger. It’s deja vu all over again for the largest crypto, Bitcoin. It has already lost eight straight days and is doomed to keep going downhill.
Bitcoin’s decline, according to JPMorgan, seems to be a sign of surrender. Support at $28,630 was a crucial support level and was broken again by the bears. Bitcoin (BTC) and other cryptocurrencies haven’t followed the stock market’s upward trend since the 25th and 26th of May. As a result, traders
It is pretty clear, cryptocurrencies and its related services are booming over recent years. In that case, as a first top cryptocurrency, Bitcoin (BTC) is leading the entire crypto market. Though the digital asset has a popular scope among the users and investors, BTC services are expanding all over the
The price of Bitcoin dipped up to $28,000, and the level acted as a support level. For the ninth week in a row, the token is projected to end up in the red. Because of its recent losses, Bitcoin’s (BTC) performance has been considerably different from those of major U.S.
Crypto specialists are getting more pessimistic about how far the bear market will go. From February to April, the association between BTC and the NASDAQ became stronger. There were no significant changes in cryptocurrency prices during the trading day on May 25. Traders stayed on the sidelines ahead of the
On May 26, the bullish BTC price analysis is at $46791.25. BTC’s bearish market price analysis for May 26, 2022, is $35096.98. Bitcoin’s MA shows a downward trend. In Bitcoin Perpetual Future (BTC) price analysis on May 26, 2022, we use price patterns, and the Moving Average of BTC to
Bitcoin is down 0.30% in the last 24 hours. Analysts now question whether the Dollar Index’s negative drop will lead to a BTC rise. BTC has been unable to hold over $30,800 since May 16, indicating that demand is dwindling. The U.S. equities markets have not stopped decreasing because of
Morgan Stanley puts forth their views on crypto regulations. New legislation upon cryptocurrency raises speculations. The U.S may soon come out with its own CBDC. One thing which completely confuses the entire crypto market of any nation, is the frequently changing rules and regulations being imposed on them. Indeed, such
Africa has seen a rise in digital assets in the wake of the continent’s rising interest. Bitcoin was overwhelmingly approved as legal cash by the National Assembly. The Central African Republic (CAR) government is working quickly to create the digital currency infrastructure after accepting Bitcoin (BTC) as legal money. “Sango”
There was strong support and rejection at $29,000 in today’s Bitcoin price analysis. Bitcoin is up 2.01% in the last 24 hours. In the last couple of days, the price of bitcoin continued to fall below the support level of $29,500. However, there was some activity by bulls at the
