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Bitcoin Miners To Capitulate Again? Will This Hurt BTC?

November 30, 2022 by bitcoin_coin
Bitcoin Miners To Capitulate Again? Will This Hurt BTC?

Decline in Bitcoin prices has created a tough enivornment for the BTC miners to carry on wtih the proccess. Bitcoin Price Prediction News: Bitcoin price is struggling to recover amid the increased selling pressure and volatility in the market. The declining BTC price has also led to an all time high (ATH) mining difficulty for…

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  • 182

7 days: Bitcoin (BTC) Price Prediction

November 22, 2022 by bitcoin_coin
7 days: Bitcoin (BTC) Price Prediction

According to our current Bitcoin price prediction, the value of Bitcoin is predicted to rise by 5.36% and reach $ 16,532 by November 27, 2022. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 22 (Extreme Fear). Bitcoin recorded 14/30 (47%) green days with 9.93% price volatility…

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  • 178

Bitcoin (BTC) Hits New 2022-Low Amid Strong Liquidations

November 14, 2022 by bitcoin_coin
Bitcoin (BTC) Hits New 2022-Low Amid Strong Liquidations

The collapse of the crypto exchange FTX has served as a massive blow to the entire crypto space. The broader cryptocurrency market has once again selling pressure as Bitcoin tanks over 5% slipping under $16,000 for the first time in two years. As a result, the BTC has touched a new 2022-low and is currently…

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  • Tagged 2022-Low, Bitcoin
  • 197

Bitcoin’s 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strenght Index – RSI (14)

November 8, 2022 by bitcoin_coin
Bitcoin’s 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strenght Index – RSI (14)

Bitcoin is currently trading below the 200-day simple moving average (SMA). The 200-day SMA has been signaling SELL for the last 311 days, since Dec 31, 2021. The price of Bitcoin is currently below the 50-day SMA and this indicator has been signaling SELL for the last 14 days, since Oct 25, 2022. The most…

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  • 164

Bitcoin Price Optimism Slowly Fades Out As It Forms A Bearish Reversal Flag

November 3, 2022 by bitcoin_coin
Bitcoin Price Optimism Slowly Fades Out As It Forms A Bearish Reversal Flag

Bitcoin price has been losing its strength over the last 24 hours. The coin has continued to face rejection at the $21,000 mark, causing the bulls to lose their momentum. Over the last 24 hours, the coin has lost 1% of its value, indicating that at the moment, BTC is consolidating on its chart. The…

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