Archive for Category: Market Outlook Crypto

Bitcoin prices

Bitcoin back below the $30,000 -level reversing Monday’s gain

The price of Bitcoin is down 5.80% at $29,526.36 on mid-Tuesday trades. The crypto market has been struggling to find a direction in the unpredictable market since there is no directional bias either indicating an uptrend or a downtrend. Bitcoin price is currently trading at its favorite psychological level...

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Bitcoin

Bitcoin above $30,000 – level amid a “Extreme Fear” reading

The price of Bitcoin is down 0.42% at $31,579.52 on mid-Tuesday trades. Bitcoin opened the week on a bullish note, soaring around 7.0% and closing the crucial $30,000 – level. The emerging rebound from the bottom may be self-sustaining at first, as many market participants believe that Bitcoin has...

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Bitcoin News

Bitcoin rallies despite its lowest “Fear and Greed Index” of 2022

The price of Bitcoin is up 2.40% at $30,555.20 on mid-Tuesday trades. Bitcoin was down 4.63% at $29,055, on Monday, closing below the significant $30,000 – level ending a 3-day winning streak and reversing Sunday’s gain of 4.15%. Bitcoin’s “Fear and Greed Index” falls to a 2022 low at...

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Bitcoin price

Bitcoin price indecisive as investors await Fed’s Wednesday announcement

The price of Bitcoin is up 0.11% at $38,551.41 on mid-Tuesday trades. Bitcoin price opened the month with a bullish candle gaining 2.20% on May 1, 2022, as it ended the previous month at $37,664.10. It opened this week with a bullish Doji candle, indicating indecisiveness among market participants,...

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Bitcoin price

Bitcoin exhibits a rare pattern, 50% drawdown possible

Bitcoin price is up 0.16% at $40,495.06 on mid-Tuesday trades. It finished, on Monday, above the $40,000 – level after prices went below this level the previous week. Bitcoin’s 20-week moving averages and 50-week moving averages (WMAs) have both started to slope downwards. While this might seem like a...

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