Tag Archives: bitcoin downtrend

Bitcoin CVDD Data Points To Possible Bottom Amid Market Mayhem – Detail

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Bitcoin price performance in June has gotten off to a rocky start, with prices now down 50% from the market’s all-time high. In the last week alone, the premier cryptocurrency has declined by 16%, forcing the price to around $60,000 for the first time since February.  Notably, the heavy market loss has coincided with the… Continue reading Bitcoin CVDD Data Points To Possible Bottom Amid Market Mayhem – Detail→

Will Bitcoin Downtrend Continue? This Metric Suggests Yes

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On-chain data shows the Bitcoin Network Value to Transactions (NVT) Golden Cross is currently showing a trajectory that could suggest a bearish outcome for the BTC price. Bitcoin NVT Golden Cross Is Near Overheated Territory Right Now As explained by an analyst in a CryptoQuant Quicktake NVT Ratio” is an on-chain indicator that keeps track… Continue reading Will Bitcoin Downtrend Continue? This Metric Suggests Yes→

Bitcoin Lost And Retested The 200-Day MA As Resistance – Here’s What Happened Last Time

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Bitcoin is trading below crucial support levels after massive selling pressure swept through the market. Since late January, BTC has lost over 29% of its value, fueling fear and uncertainty among investors. With global trade war fears intensifying and volatile macroeconomic conditions shaking the crypto and U.S. stock markets, traders are bracing for further downside risk.… Continue reading Bitcoin Lost And Retested The 200-Day MA As Resistance – Here’s What Happened Last Time→