Bitcoin is revisiting the $20, 0000 psychological price level after rejection at the $22,425 high. This indicates the presence of sellers at higher price levels.
Category: Analysis
Cryptos Price Analysis (July 2 – July 8, 2022): BTC, SAND, APE, MANA, and ENJ
Bitcoin and the altcoins have made a further downward move. The cryptocurrencies were unable to sustain their previous bullish move, hence the selling pressure. The
BTC, SAND, APE, MANA, and ENJ: Bearish trends to resume in earnest
Bitcoin and the altcoins are still in a downward correction as buyers fail to keep prices above the moving averages, hence the downward correction. Upside
Cryptos Price Analysis (June 18 – June 24, 2022): BTC, SAND, APE, MANA, and ENJ
Bitcoin and the altcoins have fallen below their critical support level. For instance, Bitcoin has fallen from the $20,000 psychological price level. The $20,000 price
BTC, SAND, APE, MANA, and ENJ: Cryptos are already in the bearish season
Bitcoin and the other cryptos have fallen below the moving averages indicating that the bears are still in control. The bulls broke above the 21-day
Cryptos Price Analysis (May 28 – June 3, 2022): BTC, SAND, APE, MANA, and ENJ
Bitcoin and the other cryptos have declined to their previous lows. Further upward moves are being restricted below the 21-day line moving average. For upward
Cryptos Price Analysis (May 21 – May 27, 2022): BTC, SAND, APE, MANA, and ENJ
Bitcoin and the altcoins are consolidating above their support levels. For the past week, the cryptos are presently defending their previous lows as the selling
Cryptos Price Analysis (May 14– May 20, 2022): BTC, XRP, DOT, LTC, and LINK
On May 12, the cryptocurrencies declined to their respective lows as bulls bought the dips. Nonetheless, for the past four days, the coins have been
Cryptos Price Analysis (May 7– May 13, 2022): Bearish trends continue
Bitcoin and the altcoins have broken below the April 30 price level. The current price fall has put the cryptos in a prolonged oversold condition.
California Governor Gavin Newsom Signs Blockchain Executive Order Foster Web3 Innovation
California Governor Gavin Newsom signed an govenment order to foster accountable innovation, bolster California’s innovation economic system, and shield shoppers. It goals to create a