Bitcoin’s Bull Market ‘May Have Come to an End,’ Says MRB Partners
Some analysts expect limited upside in bitcoin despite the possibility of a brief bounce.
Some analysts expect limited upside in bitcoin despite the possibility of a brief bounce.
Bitcoin is above the 100-period moving average on both the hourly and four-hour chart as the corrective phase stabilizes.
"Kyber Network has underperformed its peers, still trading at relatively low market capitalization," one analyst said.
Bitcoin's range play continues even as short-term price indicator turns bullish.
The options market is flashing signs of concern about an extended price sell-off.
Prices have since begun to cool, with intraday resistance around $38,000 for bitcoin and $2,730 for ether.
The 37.5% decline in May is beat only by September 2011's 40%.
Seven main takeaways on crypto markets from my time at CoinDesk. Plus: the future of the Bitcoin Mining Council.
How do you trade bitcoin now? Carefully.
BTC is down about 37% month to date and has experienced a series of sharp drawdowns similar to 2017 which preceded a bear market.
Why isn't the prospect of more U.S. stimulus boosting bitcoin's price?
"Max pain" for the May expiry is $50,000.
In a word, don't put money in a risky investment that you don't understand well.
BTC is down about 3% over the past seven days as the price recovery from $30,000 stalls.
The fewer coins available for sale on exchanges, the better the chance of markets rising.
Major cryptocurrencies saw a pop in anticipation of a more environmentally friendly mining outlook. Then they slipped.
“I think policy is rather overdoing it,” the former U.S. Treasury secretary said at Consensus 2021.
Two of the hottest trends in institutional investing – bitcoin adoption and environmental, social and governance factors – are suddenly colliding.
Security tokens could take off in Europe, potentially surpassing market volume for cryptos by 2026.
The analyst who predicted bitcoin's price crash says technical studies have yet to confirm a bottom.
BTC could see limited upside as the corrective phase weakens and buyers return.
The study found the correlation with S&P 500 futures rose during big bitcoin moves.
Bitcoin's recovery rally looks to be gathering steam, but the 200-day SMA hurdle is still intact.
Action in the ether market might take the spotlight from bitcoin over time due to very different mechanics between the two assets.
People are turning to crypto not just as a hedge against inflation but also for the high returns it can offer.
The Bitcoin Mining Council hopes to “manage concerns, especially from uninformed parties” about the cryptocurrency’s energy usage, Microstrategy CEO and bitcoin evangelist Michael Saylor said.
The main driver of Fidelity’s increasing involvement in the crypto space is client interest, Mike Durbin said.
Stocks such as RIOT and COIN offer investors crypto exposure without owning BTC directly, according to a panel at Consensus 2021.
Hopefully it will clean up the "stupid dialogue going on about ESG," he said. "Not in the sense that ESG was stupid, but that the dialogue was."
A decisive break above $40,000 is needed to resume the uptrend.
