How far can Bitcoin dip? Traders line up some grim prognoses.
With $22,000 in danger of flipping from support to resistance, popular trader Pentoshi was among those warning that further undoing of support may come next.in an update on a prior BTC price forecast.BTC/USD annotated chart. Source: Pentoshi/ Twitter
An accompanying chart showed the significance of the current spot price zone within Bitcoin’s broader range — and theTrader and commentator Nunya Bizniz flagged a similarly bearish signal currently playing out in the form of Bitcoin’s 200-day exponential moving average .Back above 200ema after low.Twice price never looked back and now for the 3rd time price has fallen back below.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
The Steel Series Arctis 1 gaming headset is just $21 on AmazonTry and find a better gaming headset for two sawbucks? You probably can't. (And if you can, please tell us about it.)
Consulte Mais informação »
Key Bitcoin price metrics point to BTC downside below $22.5KConcerns over Silvergate Bank, enforcement against stablecoins and a liquidity crisis within the crypto sector have pushed futures traders into defensive positions. noshitcoins explains.
Consulte Mais informação »
Bitcoin bulls’ desire for a trend reversal could be obliterated by this week’s $565M options expiryBitcoin bulls hoped to recapture some of this week’s lost gains, but noshitcoins says a $565 million options expiry will put a final cap on any dreams of a short-term trend reversal.
Consulte Mais informação »
Bitcoin keeps liquidating longs as BTC price action gives up $22K supportBitcoin serves up more long liquidations as BTC price action trends lower.
Consulte Mais informação »
Bitcoin (BTC) Dips $22,000 as Fed Chair Says Interest Rates Will Likely Be HigherCryptocurrency investors and the crypto market are closely watching for comments on inflation, interest rates, and regulatory pressure
Consulte Mais informação »
Compass Mining Alerts Bitcoin Miners of Changes in Bitmain's ASIC Design – Mining Bitcoin NewsThe post advised miners to be aware of the changes as Compass identified 'three issues' with two different bitcoin Antminer S19 series mining devices.
Consulte Mais informação »