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“# Price analysis 12/20: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE ” Bitcoin (BTC) continues to lose ground in December, a signal that traders may be locking in their gains before the end of the year. The lack of a Santa rally in the U.S. equity markets indicates that the risk-off sentiment…
“# Don’t expect retail sell-off to crash Bitcoin price — analyst ” Those expecting another Bitcoin (BTC) speculative price dip are looking in the wrong place, one of the industry’s best-known analysts suggests. In a Twitter discussion on Dec. 20, Willy Woo, creator of on-chain data resource Woobull, said that popular retail exchanges will not…
“# Bitcoin wobbles below $46K as 1 BTC passes 800K Turkish lira for the first time ” Bitcoin (BTC) fell over 5% from local highs through Dec. 20 as macro tensions persisted into the new week. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: Brace for volatile end to 2021 Data from Cointelegraph Markets Pro…
“# Biggest GBTC discount ever — 5 things to watch in Bitcoin this week ” Bitcoin (BTC) starts a new week with analysts looking for a bottom — but one which may not mean a dip to $40,000 or lower. After an unremarkable weekend, Bitcoin bulls now face a fresh week of bearish sentiment across…
“# Bitcoin tests yearly moving average as $100K by Christmas needs ‘small miracle’ ” Bitcoin (BTC) prepared a showdown with a key moving average (MA) price trend on Dec. 19 with time running out for a strong 2021 close. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “I vote we bounce and stay bull” Data from…
“# Traders delay $100K Bitcoin prediction, but still expect a blow-off top in 2022 ” Bullish traders that drank the “Bitcoin to $100,000 by year-end” Kool-Aid are now coming to terms with the fact that there may be no Santa Claus rally to wrap up 2021. At the moment, the pipe dream has morphed into…
“# Bitcoin ‘death cross’ that pushed BTC price to $28.8K reappears ” A technical sell signal is about to appear on the Bitcoin (BTC) daily chart. On Dec. 18, the BTC price will experience a death cross, a market indicator that occurs when a short-term moving average slips below a long-term moving average. In this…
“# Bitcoin bears lack ‘balls’ to continue selling into 2022 — analyst ” Bitcoin (BTC) bears will probably be too “stoneless” to keep prices down much longer, fresh BTC price analysis argues. In a Twitter series published Dec. 18, popular account Light summarized the events which led to Bitcoin’s recent 39% correction. Sheep in bear’s…
“# Crypto derivatives can foresee price action but need institutional buzz to truly shine ” The cryptocurrency market has been under a period of duress, with a majority of the tokens in the cryptoverse witnessing a price slump that has set in since the first week of December. The flagship cryptocurrency token, Bitcoin (BTC), underwent…
“# Happy ‘bearday,’ Bitcoin: It’s been 3 years since BTC bottomed at $3.1K ” Bitcoin (BTC) may be flagging below $50,000, but its bull market is actually three years old this month. Data from Cointelegraph Markets Pro and TradingView confirms that Bitcoin bulls have at least something to celebrate as 2021 draws to a close. Three…