Bitcoin is trading around $77,000 following a $1 billion outflow last week after a six-week inflow streak. It failed to hold above the 200-day moving average near $82,200, facing rejection multiple times this month. Support remains between $76,000 and $78,000, but a drop below $75,000 could open the way to $70,000-$72,000. Ethereum also fell 10%, underperforming other cryptocurrencies, while institutional investors sold into strength rather than adding exposure. Market pressure is heightened by a hawkish Fed Chair confirmation and strong inflation data, which could keep monetary policy tight and impact risk assets further.
Bitcoin recently fell below key technical levels, sparking fears of a new bear market. However, K33 Research highlights that unlike previous crashes fueled by excessive risk-taking and leverage, the current market shows exceptional trader pessimism a...
Bitcoin is currently testing a crucial weekly support level near $72,000 after a weak short-term bounce from the 78.6% Fibonacci retracement around $75,000. Historically, Bitcoin has used this Hull Moving Average (HMA) level as a strong support durin...
Cryptocurrency prices are fluctuating with Bitcoin trading near $77,490, up by 0.97%, and Ethereum around $2,130, up by 0.78%. Other notable movements include ZEC rising 4.37%, UNI up 4.01%, and ALGO increasing 4.70%, while some coins like BCH and XL...
Bitcoin recently peaked near $83,000 but has since fallen below its 9-day and 21-day moving averages, now trading around $77,371. This drop follows a multi-day retracement triggered by a bearish crossover of short-term moving averages and over $800 m...
Ethereum's ETH token has declined about 40.6% over the past five years, underperforming rivals like Bitcoin, Solana, and BNB despite Ethereum's dominance in DeFi, stablecoins, and tokenized real-world assets. The shift to Layer 2 scaling solutions ha...
