bitcoin volatility btc crash price action

Why The Chaos In Bitcoin And Crypto Is Only Beginning

Bitcoin price plummeted faster and lower than anyone expected, leaving behind a trail of liquidations and investors in shock. Crypto prices across the board tanked by more than 50%, and in most cases have already rebounded by at least 25% of what was lost. The sudden rollercoaster after such a steep ascent makes sense, sending volatility soaring. Except even with …

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Ethereum

Ethereum Approaches Next Major Break, $3K Is The Key

Ethereum recovered nicely above the $2,750 resistance zone against the US Dollar. However, ETH price must clear $3,000 for a steady increase in the coming sessions. Ethereum is up over 15% and it cleared the $2,750 resistance zone. The price is still well below the $3,000 level and the 100 hourly simple moving average. There is a crucial contracting triangle …

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Bitcoin

Here’s Why BTC Could Rally If It Clears This Key Hurdle

Bitcoin price is recovering losses and trading above $40,000 against the US Dollar. BTC is likely to accelerate higher if there is a clear break above the 100 hourly SMA at $42,000. Bitcoin is showing signs of a decent recovery above the $40,000 level. The price is now facing resistance near $42,000 and the 100 hourly simple moving average. There …

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Bitcoin

Here’s What Could Trigger A Bullish Reversal Above $40K

Bitcoin price was dumped yesterday by over 20% against the US Dollar. BTC is recovering from $30K and it might attempt a bullish reversal above $40K. Bitcoin tumbled below the $40,000 and $35,000 support levels. The price is now trading well below $42,000 and the 100 hourly simple moving average. There is a crucial bearish trend line forming with resistance …

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DeFi Takes On Conventional Financial Services

Today, the world of digital assets has become so popular and accepted all over the world that it is considered to be one of the best investment platforms. During the pandemic year 2020, people needed an alternative platform for investments as almost every industry came down. That is when cryptocurrencies and blockchain gained so much. And along with that, millions …

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