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Coindesk
1 month ago
Cryptocurrency

Bitcoin Likely to Fall by $5K Then Rise by Same Amount: Analyst

BTC's recovery has stalled despite bullish sentiment, with warnings of a potential $5,000 price drop due to seller dominance and lack of oversold conditions. [ more ]
Coindesk
5 months ago
Cryptocurrency

Bitcoin's Meteoric Rise Makes Everything Else Look Like 'Junk,' Trader Says

Bitcoin has nearly doubled in value in the last six months, surpassing major assets like Nvidia and S&P 500.
Bitcoin's RSI of 79.02 is at levels not seen since the 2021 bull market, suggesting potentially overbought conditions. [ more ]
Coindesk
1 month ago
Cryptocurrency

Bitcoin Likely to Fall by $5K Then Rise by Same Amount: Analyst

BTC's recovery has stalled despite bullish sentiment, with warnings of a potential $5,000 price drop due to seller dominance and lack of oversold conditions. [ more ]
Coindesk
5 months ago
Cryptocurrency

Bitcoin's Meteoric Rise Makes Everything Else Look Like 'Junk,' Trader Says

Bitcoin has nearly doubled in value in the last six months, surpassing major assets like Nvidia and S&P 500.
Bitcoin's RSI of 79.02 is at levels not seen since the 2021 bull market, suggesting potentially overbought conditions. [ more ]
moremarket-analysis
Coindesk
6 months ago
Cryptocurrency

Bitcoin Could Drop to $58K as Cool-Off Period Is Imminent, Swissblock Says

Bitcoin could see a 20% drop in the near term, but the uptrend is expected to resume.
Analysts warn of a potential cooling-off phase for Bitcoin due to a negative divergence between its price and RSI indicator. [ more ]
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