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Bitcoin price holds $20K, but analysts say ‘expect 6 months of sideways’ price action

Bitcoin price holds $20K, but analysts say ‘expect 6 months of sideways’ price action

by jordan finneseth | Jul 6, 2022 | Uncategorized

BTC bulls are holding $20,000, but most traders are confident that the price will remain range-bound for at least six more months. Trading across the cryptocurrency market was relatively subdued on July 5 as the ecosystem continues to digest the fallout from the Three...
Bitcoin price swings 7.5% during intraday trading as US recession concerns mount

Bitcoin price swings 7.5% during intraday trading as US recession concerns mount

by jordan finneseth | Jul 5, 2022 | Uncategorized

BTC bounces back to reclaim support at $20,400 after hitting a daily low of $19,309 on July 5, as bulls battle bears for control of the market. The cryptocurrency market along with the tech-heavy Nasdaq saw a bit of positive price action on July 5 amid a backdrop of...
Bitcoin exchange outflows surge as 'not your keys, not your crypto' comes back into fashion

Bitcoin exchange outflows surge as 'not your keys, not your crypto' comes back into fashion

by jordan finneseth | Jul 5, 2022 | Uncategorized

June saw the worst monthly performance for Bitcoin since 2011, but several metrics indicate that its underlying support base continues to grow stronger. Bear markets in cryptocurrency are known to be painful, but the month of June was especially trying for the crypto...
Bitcoin trader says expect more chop, downside, then sideways price action for BTC this summer

Bitcoin trader says expect more chop, downside, then sideways price action for BTC this summer

by jordan finneseth | Jul 1, 2022 | Uncategorized

Crypto Jebb and independent market analyst Scott Melker agree that the crypto market’s toughest days still lay ahead. Discussion of the state of the crypto market has been a dominant headline over the past few weeks as non-crypto native media excoriate Bitcoin...
Analysts identify 3 critical flaws that brought DeFi down

Analysts identify 3 critical flaws that brought DeFi down

by jordan finneseth | Jun 30, 2022 | Uncategorized

Poor risk management, insufficient revenue and the overuse of leverage are the core reasons why DeFi is crumbling. The cryptocurrency market has had a rough go this year and the collapse of multiple projects and funds sparked a contagion effect that has affected just...
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