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Bitcoin News / Bitcoin.com - 5 months ago

Bitcoin’s Brutal Flush Sets the Stage for a Violent Upside Rebound

Bitcoin’s latest wipeout has all the hallmarks of a classic capitulation event—exactly the kind of deep washout that often precedes explosive, face-ripping upside. Crypto Capitulation May Be the Fuse for Bitcoin’s Next Explosive Rally A quick scroll...

Bitcoin News / Bitcoin.com - 5 months ago

Did an Uptick in Unemployment Sink Bitcoin Again?

The cryptocurrency reclaimed $93K early Thursday morning, then suddenly retreated and fell to $86K. Unemployment Fears May Have Just Sent Bitcoin Tumbling Once More The U.S. Federal government machinery whirred to life after a record 43-day shutdown,...

Bitcoin News / Bitcoinist - 5 months ago

Bitcoin Long-Term Holders Keep Offloading Bags As Market Weakness Persists

After days of trading above the $90,000 price mark, Bitcoin has officially lost this key support level as the market turns increasingly volatile on Wednesday. While the price of BTC continues its downward trend, the ongoing selling pressure from long...