Bitcoin has been declared "dead" 472 times since 2011 across various market cycles, yet it has grown over 70 million percent in value. Despite recent weak sentiment and price corrections, Bitcoin remains resilient. Currently, traders are showing increased activity in smaller altcoins outside the top five, signaling early positioning ahead of a potential altcoin season. Bitcoin itself is experiencing low buying pressure and a slow market pace, but interest in altcoins suggests diversification during periods of uncertainty.
Bitcoin and Ethereum are flashing bearish signals as analysts warn that if key support levels fail, Bitcoin could drop to $60,000 and Ethereum to $1,686. Bitcoin recently fell below important moving averages after a large hardware wallet drain, with ...
As July ends, Bitcoin options data shows a shift toward bearish bets for August, with $60,000 put options leading at $1.17 billion open interest. This contrasts with earlier bullish bets on $70,000 and $72,000 call options that lost popularity after ...
Bitcoin and ether prices fell slightly on the last day of July, diverging from strong equity gains in Asia and U.S. futures. Despite this, the broader crypto market, represented by the CoinDesk 20 Index, is set for its biggest monthly gain since July...
Bitcoin and Ethereum saw modest price increases while their combined market dominance slightly declined, signaling a potential rotation of capital into major altcoins like BNB, Solana, and XRP. Despite a cautious market tone and a drop in derivatives...
Bitcoin is facing a potential decline below $60,000 in August, driven by historical patterns during US midterm election years where it averaged a 13.6% drop. Technical analysis shows a bearish pennant pattern that could push prices down to around $52...
