Bitcoin Facing These ‘Compelling Mid-Term Bearish Cases,’ Warns Trader

Khyathi Dalal | May 9, 2024

While maintaining a bullish stance on Bitcoin’s (CRYPTO: BTC) long-term prospects, crypto trader Altcoin Sherpa has shared his thoughts on some compelling mid-term bearish cases. What Happened: Sherpa points out several factors suggesting a potentially bearish scenario for Bitcoin in the mid-term. Presence of a rounded top formation in the price action, typically associated with […]

Bitcoin Plummets Below $58K, ETH, SOL, DOGE Follow: Over $400M Liquidated In ‘Deepest Retrace In The Cycle’

Khyathi Dalal | May 1, 2024

Cryptocurrency markets continue to bleed, with the FOMC meeting and poor ETF performances in the U.S. and Hong Kong weighing heavy on the markets. What Happened: Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL) and Dogecoin (CRYPTO: DOGE) started May with heavy losses. Prices as of 7.30 a.m. Eastern Time: Cryptocurrency Gains +/- Price […]

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