Cryptocurrency


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Bitcoin Drifts Lower, Risks Testing $40K Support

A breakdown could damage the intermediate-term trend despite oversold signals.

Bitcoin daily price chart shows support/resistance with oversold RSI in second panel. (Damanick Dantes/CoinDesk, TradingView)

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Market Wrap: US Inflation at 39-Year High Fails to Buoy Bitcoin

The consumer price index surged to 6.8% in November, but traders may hold off on investing in risky assets the rest of the year.

Bitcoin dominance ratio (Damanick Dantes/CoinDesk, TradingView)

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Market Wrap: Bitcoin Dips as China’s Evergrande Defaults, Altcoin Outperformance Could Fade

Investors could start to rotate into bitcoin, indicating lower appetite for risk.

Bitcoin dominance ratio (Damanick Dantes/CoinDesk, TradingView)

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Bitcoin Drops Below $50K, Support Between $43K-$45K

Buying activity remains weak, which reduces the chance of a significant price increase into January.

Bitcoin's four-hour price chart shows support/resistance levels with RSI in second panel (Damanick Dantes/CoinDesk, TradingView)

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Bitcoin Rangebound Above $46K Support, Resistance at $55K

Selling pressure could slow into the Asia trading day as indicators appear oversold.

Bitcoin four-hour price chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

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Market Wrap: Cryptocurrencies Stabilize as Some Traders Buy the Dip

The bitcoin Fear & Greed index is at the lowest level since late July, which preceded a price recovery.

Shutterstock

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Resumen del mercado: las criptomonedas se estabilizan a medida que algunos comerciantes compran en la caída

El índice Bitcoin Fear & Greed se encuentra en el nivel más bajo desde finales de julio, que precedió a una recuperación de precios.

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Market Wrap: Cryptocurrency Sell-Off Pauses as Sentiment Turns Bearish

Prices are stabilizing after the weekend crash, although some analysts don’t expect much upside.

(Janko Ferlič, Unsplash)

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Bitcoin Stabilizes Near $50K Support After Weekend Sell-Off

BTC is poised for a short-term bounce, although upside appears to be limited.

(Damanick Dantes/CoinDesk, TradingView)

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Bitcoin Drops Below $56K as Momentum Slows, Support at $53K

Buying has been weak despite short-term oversold signals.

Bitcoin daily price chart (Damanick Dantes/CoinDesk, TradingView)