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 …

Read moreBitcoin Prints More Bullish Pulse: $50k Incoming?

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 …

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

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 …

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