Investors May Expect Downside For Bitcoin And Ethereum Market For The Next 3 Months

investors-may-expect-downside-for-bitcoin-and-ethereum-market-for-the-next-3-months

The crypto markets have accepted the depegging of UST and the subsequent downward spiral of LUNA, both of which impacted the price of Bitcoin and the entire digital asset spectrum. According to a recent report by the Glassnode team, the Bitcoin market has been trading lower for eight weeks, making it the ‘longest continuous series … Read more

Bitcoin Price Takes Deepest Dive Since 2020, Will BTC Bounce?

bitcoin-price-takes-deepest-dive-since-2020,-will-btc-bounce?

Suffering the effect of the current bloodbath in the crypto market, Bitcoin’s (BTC) price on May 12 hit its lowest valuation of $26,350 since December 2020. The ongoing bearish trend has remarkable similarity with the previous mid-season bearish trend that lasted from May to June 2021. In both market crashes, Bitcoin’s price broke the resistance … Read more