Crypto Predictive Analysis for June 27, 2022 – Winter
Google searches for “Bitcoin dead” spiked in the week of Friday, June 18, and hit some of the highest levels on record.
Google searches for “Bitcoin dead” spiked in the week of Friday, June 18, and hit some of the highest levels on record.
As the crypto market continues crashing this has made bitcoin, altcoins and memecoins suffered a great decline in their prices as traders and investors try to stay away from the market.
Bitcoin dumped below the 2017 All-time High (ATH) of $20,000, leading to a new multi-year low. ETH slumping below $1,000 for the first time in over a year.
On Monday, the overall value of the cryptocurrency market had for the first time dropped below the $1 trillion level, reaching $926 billion. As early as November of last year, this metric equaled $2.9 trillion. Major cryptocurrencies Bitcoin and Ethereum, as well as the other top 10 coins and crypto beyond that list, lost a … Read more
The great bloodbath occurred, the price of Bitcoin (BTC) has dropped by almost 30% in the last 7-days. The general trend across global markets seems to point to the downside. As Bitcoin and Ethereum sank to the lowest level in years, the BitMEX co-founder predicts more incoming losses if the two assets breach crucial support … Read more
Over the past few weeks, Bitcoin has lost nearly 36% of its value, currently trading just below the $30,000 level. On May 17th, the crypto “Fear and Greed Index” hit the lowest level since May 17 hit 8/100, the lowest level since the pandemic-induced crash that took place in March 2020. It remains in the … Read more
Bitcoin continues to struggle as it stays under $40,000, the majority of traders are having a bearish sentiment about the market that bitcoin may bottom at $37,000 before we see any relief rally. Bitcoin Analysis The fallout from the three-month-old rising channel teases further correction in Bitcoin(BTC) price. A successful retest to the breach resistance … Read more
Will Memecoins pump or dump? This is the question every trader and investor is asking as the bitcoin dipped a few days ago and a lot of analysts were predicting bitcoin reaching the $34k support line. Investors have pulled back to look at the market movement before entering again. The fate of the altcoins is … Read more
Expectations remain that Bitcoin (BTC) will continue to decline in the short term, as price compression has become the dominant chart feature of the Easter weekend thus far, saving worried traders another plunge below $40,000. The majority of cryptocurrencies are traded downward. Bitcoin, which leads the pack, couldn’t shake off the retreat. The market is … Read more
After a strong correction on Monday, Bitcoin (BTC) is showing strength to hold above $40,000 levels. The correction that occurred during the weekend to Monday has made a lot of cryptocurrencies prices go down and especially the meme coins. Traders and investors are panicking about what will happen to the crypto market as the American … Read more