Analyst Dave the Wave, known for predicting a previous crypto crash, is now sounding alarms about Bitcoin. He believes Bitcoin’s current consolidation could lead to a decline, especially as its moving average convergence divergence (MACD) indicator suggests a bearish trend. He predicts Bitcoin might drop below $90,000, potentially hitting the $80,000 mark before starting a ...
Bitcoin is currently facing a critical moment as it attempts to recover from a recent drop, trading at around $97,300, down from its peak of $109,114. With U.S. economic data releases on the horizon, including inflation reports and Federal Reserve signals, traders are on high alert. Recent Market indicators suggest bearish momentum for Bitcoin, as ...
A key momentum indicator for Bitcoin, the MACD histogram, has recently turned negative, suggesting a potential bearish shift in price momentum. This change coincides with President Trump’s tariff announcements, which could create Market instability. However, current Bitcoin prices are still holding between $90,000 and $100,000, indicating that the negative MACD reading may not yet be ...
Bitcoin is currently facing a challenging short-term outlook, having recently dropped by up to 11% from its all-time high, leading to concerns about a potential price correction. Crypto expert Jesse Olsen warns that Bitcoin could experience a further decline of up to 30% in the coming days, particularly due to bearish indicators like the MACD ...
