Crypto analyst Benjamin Cowen says Bitcoin remains in a bear market after facing resistance at its 200-day moving average, a key indicator that previously signaled crashes in 2018 and 2022. He outlines two bearish scenarios: one where Bitcoin falls to around $46,000 after June before a rally and further decline by October, and another where it rallies to about $87,000 before dropping in Q4. These predictions suggest continued volatility and potential significant price drops ahead for Bitcoin investors.
The crypto market showed mild strength with total capitalization rising 0.68% to $2.57 trillion. Bitcoin held steady near $77,000, supported by optimism around regulatory discussions and tokenized stock trading plans, while Ethereum struggled below $...
Bitcoin dropped 6% after revisiting its 200-day moving average near $82,000, but K33 Research argues the $60,000 low in February is the maximum drawdown for this cycle. Unlike previous cycles, Bitcoin's current pattern shows a longer, slower decline ...
Coins.ph has expanded its QR-code crypto payment network in the Philippines by adding Bitcoin (BTC) and Ethereum (ETH) support, joining Tether (USDT) in the system. This update integrates with QRPH, the country's standardized QR payment system, which...
Bitcoin trades around $77,440, testing resistance near $78,000 amid mixed momentum indicators. The market shows cautious bullishness as BTC stabilizes above key support near $76,000, with traders watching the $77,500-$78,000 zone for a potential brea...
Bitcoin's price has started to rise, reaching around $77,500 after days of sideways movement. Key resistance levels at $77,400 and $78,400 must be broken for bulls to gain confidence, with a major breakout above $80,000 needed to confirm a sustained ...
