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Bitcoin Fear And Greed Index Falls To ‘Extreme Fear’ As BTC Dips Below $54,000

Bitcoin News

On Friday, the cryptocurrency market’s Fear and Greed Index plummeted to “extreme fear,” reflecting growing anxiety among investors as the Bitcoin price dipped to a weekly low of $53,700.  This downturn marks a continuation of a broader sell-off that has plagued the market, particularly since Bitcoin struggled to maintain momentum above the critical $60,000 threshold.…

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Crypto Analyst Says It’s September 2016 For Bitcoin Again, What This Means

Bitcoin

Crypto analyst CryptoCon stated in his recent market analysis that the Bitcoin current price action is reminiscent of December 2016. He further explained what he meant and provided insights into what to expect from the flagship crypto going forward.   “It Is September 2016 All Over Again For Bitcoin” CryptoCon mentioned in an X (formerly Twitter)…

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Arthur Hayes Predicts Bitcoin Price Crash Below $50,000 This Weekend

Bitcoin

Arthur Hayes, the co-founder of BitMEX, today expressed a bleak outlook for the Bitcoin price’s immediate future. On his X profile, Hayes revealed his personal market maneuver, stating, “BTC is heavy, I’m gunning for sub $50k this weekend. I took a cheeky short. Pray for my soul, for I am a degen.” Why Hayes Possibly…

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Trump’s Vision: America To Reign As Crypto And Bitcoin Epicenter, Latest Statement Reveals

Bitcoin News

As the November elections draw near, former President Donald Trump is ramping up his support for Bitcoin and the broader cryptocurrency industry, positioning digital assets as a central theme in his campaign for the White House.  America As The Bitcoin Capital During a recent address at the Economic Club of New York, Trump articulated his…

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Bitcoin Price Struggles: Can Bulls Step In to Save the Week?

Btc

Bitcoin price declined and retested the $55,600 support zone. BTC is now struggling and might face hurdles near the $57,000 resistance level. Bitcoin is struggling to recover above the $57,750 zone. The price is trading below $57,200 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at…

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Bitcoin Forecast: BTC Price Could Crack $50,000 If This Important Level Does Not Hold

Bitcoin

Bitcoin (BTC) has been on a severe downward trend for the past few months, experiencing multiple price fluctuations amidst broader market volatility. A crypto analyst has predicted that Bitcoin could witness an even steeper drop to $50,000 if its price does not hold this key support level.  Bitcoin Risks $50,000 Drop If Support Fails Elja…

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What Was Behind The Bitcoin And Ethereum Price Crash?

Bitcoin

Bitcoin (BTC) and Ethereum (ETH) have started September in the red, having already suffered price declines since the beginning of the month. This bearish sentiment towards the foremost cryptocurrencies and, by extension, the broader crypto market is due to several macroeconomic factors. Market Still Feeling The Effects Of The Yen Carry Trade Recent developments suggest…

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100% Accurate Bitcoin Bottom Signal Hits: Time to Buy?

Bitcoin

Crypto analyst Astronomer, known by the handle @astronomer_zero on X, has put forth a potentially compelling bottom signal for Bitcoin, which hinges on the electricity costs incurred by miners to produce BTC. According to him, this particular metric has historically served as a reliable indicator for identifying optimal buying opportunities within Bitcoin’s price cycles. Is…

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Analysts Predict The Start Of Crypto’s First Ever Secular Bear Market

Cryptocurrency Market News

A new narrative is emerging among seasoned crypto analysts who are now forecasting the advent of the industry’s first ever secular bear market. This prediction suggests a sweeping transformation could be imminent, characterized by a prolonged downturn lasting potentially for years, diverging from the relatively short-term cycles typically associated with the crypto market. Crypto’s First…

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Crypto Analyst Says The Bitcoin ‘Summer Chop’ Is Nearing Its End, Here’s Why

Bitcoin

Summers have historically been very bearish for the Bitcoin price, and the year 2024 has been no different. Since summer began in June, the price of Bitcoin has been very weak, with multiple flash crashes rocking the pioneer cryptocurrency at various points. So far, the Bitcoin price has gone from over $70,000 to below $50,000…

Crypto Analyst Says The Bitcoin ‘Summer Chop’ Is Nearing Its End, Here’s Why Read More »

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