Cryptocurrency investors awoke to another round of price declines on June 22 after the price of Bitcoin (BTC) dropped to a 6-month low at $28,805. The dip below the crucial $30,000 level might appear to be a prime buying opportunity but data shows that institutional investors are continuing their longest selling streak since February 2018.Data from Cointelegraph Markets Pro and … [Read more...] about Bitcoin price clings to $32K as on-chain metrics hint at further downside
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Bitcoin price charts hint at another drop after failing to break $52K
Bitcoin (BTC) has halted its bull run in the past few weeks as the price has corrected from an all-time high of $58,000 to around $43,000. Several arguments were found for the pullback, including a sell-off from miners and whales. The other primary reason for the correction is the sudden surge of yields across the world.Downtrend remains intact since $58,000BTC/USD 2-hour … [Read more...] about Bitcoin price charts hint at another drop after failing to break $52K
Bitcoin and Ethereum prices hint at recovery as March 2021 begins
The past week was not kind to top-ranking cryptocurrencies, as both Bitcoin and Ethereum suffered strong corrections. However, the situation might be finally turning for the better, although nothing is certain as of yet Bitcoin price bounces back up after approaching $43,000 Bitcoin saw a choppy end to the last week of February, with price falling from $58k to $45k in just a … [Read more...] about Bitcoin and Ethereum prices hint at recovery as March 2021 begins