Bitcoin Consolidating As Price Stands Still

Having failed to breach $47,000, Bitcoin went through a rollercoaster this week following a price slump from over a 4-months high of around $52K on the day El Salvador official made Bitcoin a legal tender in the country. Though BTC recovered several thousand, it has failed to breach $47k since then. BTC lost over $10k …

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Bitcoin Overcomes $50k Price; Is The 60k Psychological Levels Next?

Bitcoin Overcomes $50k Price; Is The 60k Psychological Levels Next?

Having made an inter-day push above the 50k critical level yesterday, Bitcoin is finally seen to be making a fresh attempt to go above the 50k price mark, a feat the crypto giant achieved on the 23rd August but became choppy ever since until today. While some investors remain doubtful if Bitcoin will maintain or …

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Latest Bitcoin Correction: A Bear Surge or Just Another Healthy Correction

Latest Bitcoin Correction: A Bear Surge or Just Another Healthy Correction

A week of euphoria for crypto traders and Bitcoin enthusiasts turned to one of mixed feelings after Bitcoin bulls attempt to go beyond $50k for the first time in over 3 months was met with rejection. With short-term technicals turning bearish, traders are left wondering if this is a healthy correction. Bitcoin lost over $3k …

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Bitcoin Prints More Bullish Pulse: $50k Incoming?

BTC/USD price bounces off a key moving average, prompting altcoin prices to soar. Bitcoin has shown significant signs of strength this week and might just hit $50k this week. BTC has printed a more bullish pulse this week, picking up patterns similar to April’s ATH. Will the improved momentum mid-time frame chart signal a full-scale …

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Bitcoin Aiming To Pierce Through To $50k Levels But Near-Term Correction Is Likely As Bearish Divergence Is Formed

Bitcoin Pierce New Levels - Crypto captain

Bitcoin Bulls have been having a great go in the past few days as its latest upward trend sees Bitcoin taps a three months high this week. Amid regulation controversies from the US government on taxation, the Bulls are shining but bearish divergence is seen to have formed, and short-term correction looms. Having backtested the …

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Crypto Market Sees A $100 Billion Boost In Market Cap As Bitcoin Surges Past $40,000

Crypto Market Sees a $100 Billion Boost in Market Cap As Bitcoin Surges Past $40,000

The start of the week did not go all well for the cryptocurrency powerhouse as Bitcoin dropped from $40k it attained the previous week. Having attained two months high of $42k, Bitcoin dropped to a week’s low of $37,271k on Thursday. With a BTC rally reclaiming the $40k mark, the Crypto market cap has grown …

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Pro Traders Tread The Cautious Path As Bitcoin Rally Scatters Bearish Sentiment

Pro Traders Tread The Cautious Path As Bitcoin Rally Scatters Bearish Sentiment

Having broken a descending wedge pattern, Bitcoin surged up to an impressive 22% increase this week. The crypto giant reached its highest since June 15 this week. With a good surge in price, no doubt the bear was attacked but the bear sentiment remains strong prompting pro-traders to maintain an overall cautious outlook. After enduring …

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Bitcoin Approaches A Strongly Bearish Territory; Will Investors Be Tempted To Sell Their Crypto Assets?

Bitcoin Approaches Euphoric territory

Cryptocurrency giant Bitcoin is seen to make moves towards a strong bear territory. As bear market lingers, traders are promoted to slam-down bullish arguments. Will Bitcoin test even lower price levels in the coming weeks? As Bitcoin appears to be in a strongly bearish territory, investors will be making more sell moves to buy later …

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Bitcoin Once Again At The Most Critical Level In The Short-Term

Bitcoin Level - CryptoCaptain

The flagship cryptocurrency, Bitcoin, continues to struggle this week as the asset dropped to a 19-day low of just over $31,000. Altcoins suffer a downtrend as well, with ETH below $2,000, DOGE dumping beneath $0.20, and some losing a substantial amount of value. The past week has shown more bearish than bullish signs. BTC fellby …

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Bitcoin May Be Ready For A Show Of Robustness, But Which Direction Will It Break

Bitcoin May Be Ready For A Show Of Robustness, But Which Direction Will It Break

Having lost 6% of its value in the last 48 hours, Bitcoin is currently trading at around $32,900 region. The fall in value was as a result of decreasing amounts of trading volume. Over the past weeks, the Bulls have appeared weaker having put its buying power into support yet still failing to produce any …

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Bitcoin Tipped To Enjoy A Positive Turn Around In The Third Quarter of 2021

CryptoCaptain market sentiment analysis

Bitcoin closed its worst trading quarter in three years with a 41% decline. As bitcoin continues with its price slumps we see the primary cryptocurrency retrace to a little over $33,000 this week. Having attained a 12-day high of $36,400 Bitcoin has experienced an over $2,000 wipe in gains in the past 48hours. The impact …

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Bearish Bitcoin Market To Be A Short-lived Phenomena As Positive Signals Prevails

Bull - CryptoCaptain

With majority of the cryptocurrencies trading in red, this has been yet again another rollercoaster week for digital currencies. With Bitcoin down a steep 11.7% this week and currently trading beneath $34,000 despite negative fundamental news coming from China. BTC recovering having dipped to around $28,000 shows that demand remains strongly bullish. UN Perceives Blockchain …

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Cleaner Energy To Help Revive Bitcoin Bull-Run?

Bitcoin Blockchain.com - CryptoCaptain

Yet another week of Bitcoin enacting it’s dominance in the crypto world having managed to pull a bit up above the $37k region but seem to be ending the week in the red in a week it attained a high of around $40k. Will cleaner energy boost adoption of Bitcoin? BTC/USD Weekly Chart. Source: Blockchain.com  …

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The Return of Bitcoin Bull Market: Will Governments Eventually Defeat Bitcoin?

Bitcoin has continued to make moves to recover recent losses having reached a week high of $38,500. In a week that sees most altcoin failing to produce gains, Bitcoin dominance is booming. Will Government regulations make or mar Bitcoin? After falling to as low as $31,000 on Tuesday, Bitcoin started to reclaim its lost ground …

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Bitcoin Market Analysts Divided Over Price Trajectory

CryptoCaptain market sentiment

Yet another choppy week of price action in the crypto sphere. With Bitcoin down by about 4.7% this week, having tested a resistance at $40,760 last week. Analyst remain divided over short and intermediate term trajectory of the cryptocurrency giant. Bloomberg Analyst: Bitcoin more likely to hit $100K than $20K in 2021 Bloomberg senior commodity …

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Market Analysis: Is Bitcoin Headed For Further Crash?

CryptoCaptain market sentiment

Yet another week of indecisive price action as Bitcoin was unable to reclaim the $40k levels. Traders remain extremely cautious following last week’s brutal sell-off, but on-chain data is beginning to signal increasingly bullish activity. The past week hasn’t gone in favour of the bulls as the price of Bitcoin is down about 9%, currently …

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Bitcoin: Is This The End?

Sell Signal On May 13 - CryptoCaptain

Bitcoin has seen a shaky week in which the price is down by over 20%. The cryptocurrency giant alongside almost all altcoins experienced a bloodbath, with Bitcoin retesting the $30k support. Is bitcoin in for full recovery or is the bull market over?  Elon Musk May Have Just Hinted An Offload Of Tesla’s Bitcoin Holding …

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Bitcoin: Sell Season?

Bitcoin Sell season - CryptoCaptain

Bitcoin, the digital currency giant started off to a good start this week but took a sharp drop trend following news that Tesla suspended accepting BTC as payments for their electric vehicles. A sea of reds for the crypto world at some point this week. The question now is, is it time to buy or …

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Bitcoin Bull Run Finally Coming To An End?

A bull and a bear fighting - CryptoCaptain

A week that sees Bitcoin trying to stage a comeback in order to catch up with spectacular price action seen in Ethereum and other altcoins. Is the Bull season over?   Comedian Bill Maher Just Made Bitcoin Decidedly ‘Uncool’ The power being used right now to guess numbers and win imaginary prices is the same …

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Bitcoin To Hit 100k This Year Despite Recent Price Slump – Experts Believe

Market Sentiment

The flagship cryptocurrency has been recovering from its recent slump of around the 46,000 range having attained ATH of $64,900 last-week. Despite recent panic, some analyst still expects six-figure Bitcoin prices this year. Pending any dramatic movement in price today, this is the first time in six years that Bitcoin will end the month of …

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