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Long-term bitcoin investors have preserved their holdings in recent weeks even as speculators flee the market, driving the cryptocurrency below $20,000. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

13 jul 2022

Bitcoin dipped below the $20,000 mark as the S&P 500 fell more than 20% from its December 2021 peak, indicating bear markets in both crypto and traditional finance. Crypto research firm FundStrat said BTC could weaken down to test June lows below $18,000 and potentially below $13,000.

29 jun 2022

According to Fundstrat analysis, BTC could start giving back recent gains seen since mid-June lows below $18,000, in parallel with U.S. stocks, and continue to do so into the second to third week of July before a larger intermediate-term low develops.

28 jun 2022

Digital asset investment products saw a record of $423 million in net outflows last week, the largest of all time. The outflows were solely focused on bitcoin. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

27 jun 2022

Bitcoin has a history of 80% drawdowns from all time highs as tracked by Bitfreedom Research, which says BTC could go as low as $14,000 this year if we repeat another 80% drawdown from bitcoin’s previous high of about $69,000 touched last November.

23 jun 2022

The CME FedWatch Tool shows traders see a 94% chance of a 75 basis-point hike to be announced Wednesday. “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”

14 jun 2022

Bitcoin mining stocks like Riot Blockchain (RIOT) and Marathon Digital (MARA) declined by more than 50% on average as BTC’s price slumped following last year’s bull run. Data suggests bitcoin supply held in miner addresses have mainly been net outflows since April. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

3 jun 2022

Bitcoin (BTC) pared earlier gains after buyers took some profits below the $33,000 resistance level. The cryptocurrency could find support, initially at $27,500 and then at $25,000. For now, BTC is roughly one week away from registering a downside exhaustion signal. “All About Bitcoin” host Damanick Dantes breaks down the Chart of the Day.

2 jun 2022

BTC continues to struggle below $29,000 as it heads for its ninth-straight weekly decline, its longest-ever losing streak, based on pricing data going back to 2011. Despite a slight uptick in BTC long liquidations, this still remains low compared to the recent peak earlier this month.

27 mei 2022

BTC temporarily lost, then recovered above, the $29,000 support level Thursday, and some analysts say the asset could become more volatile. Still, BTC dominance over altcoins is at a seven-month high. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

26 mei 2022