Bitcoin traders are gearing up for a week filled with potential Market upheavals, influenced by a range of factors. Starting April 2, the U.S. will roll out new tariffs, sparking fears of a trade war that could escalate global economic uncertainty. In the Bitcoin Market, significant buying activity from large investors, often referred to as ...
Bitcoin has continued its downward trend, trading below $82,000 after a 4.29% drop last week. Ethereum also faced declines, closing under its support level of $1,861, while Ripple fell below its 100-day EMA. Bitcoin’s bearish momentum is evident as it trades below key resistance levels, with a potential retest of support at $78,258 if the ...
Bitcoin is poised for a bearish opening as March wraps up, signaling its weakest first quarter since 2018. Traders are anxious due to President Trump’s new 25% tariffs on car imports and potential tariffs on the pharmaceutical sector, impacting Bitcoin’s value, which fell to $81,656, marking seven consecutive days of declines. Equities are also struggling, ...
Bitcoin has been stuck around the $96,500 mark for the past four days, showing signs of stagnation as it faces resistance just below $97,000. Market analysts like Charles Edwards suggest that a recent sell-off by Bitcoin miners could lead to bearish trends, increasing the selling pressure and potentially pushing prices lower. Despite some recovery in ...
The cryptocurrency Market has experienced a swift shift to a bearish outlook, particularly over the last 24 hours. Factors like Bitcoin and the S&P 500 forming a head-and-shoulders topping pattern indicate potential downturns. The rising MOVE index, which tracks expected volatility in the U.S. Treasury bond Market, reflects tighter financial conditions influencing risk aversion in ...
Bitcoin’s price has fallen below the $100,000 mark, showing bearish trends and potential for further declines. Currently trading below $98,000, Bitcoin faces immediate resistance at $95,850 and key support around $91,200. If it can hold above this support level, there might be a chance for recovery, targeting the $98,500 resistance. However, if the price continues ...
