Bitcoin has been up 4.17% in the last 24 hours. JPMorgan Chase analysts now think that Bitcoin has “significant upside potential”. A 15 percent increase from the 18-month low it struck in the middle of May brought the price of Bitcoin (BTC) back to over $30,000 on May 30. The
The king of the Crypto market Bitcoin (BTC) still bears haven’t yet left the ground and it crashed Bitcoin and setting a new 9th week of Red candle in a row. Bitcoin closed the week in the red and its losing streak set a new nine weeks Red candles record.
The US economy might fall into recession if interest rates continue to rise. The subprime mortgage crisis of 2007 and 2010 is what Burry is most known for. The “Big Short” Michael Burry and others have warned that the stock market’s present decline may continue for a long time. According
The Paraguayan Chamber of Deputies passed a cryptocurrency regulation bill. Deputies voted 40 to 12 to enact the revised bill draught in a special session. Several countries, including Paraguay, have followed El Salvador and the Central African Republic in approving Bitcoin as a form of legal money. In Latin America,
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
