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.
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
The crypto market experienced a shock when the stablecoin UST and LUNA of the Terra ecosystem fell flat to zero. On the 10th of May, the price of LUNA started falling, this made a lot of traders see the asset as a good deep to buy – not knowing it was a falling knife to be … Read more
A huge move lower from $69,000 in November 2021 to around $24,300 in May 2022 in Bitcoin’s (BTC) price has resulted in a sell-off turmoil across the crypto market. Unfortunately, the bearish sentiment has not even spared stablecoins, so-called crypto equivalents of the U.S. dollar, which have been unable to stay as “stable” as they … Read more
The general crypto market has followed suit with significant losses that have led the market worth to go below $1.46 trillion. Investors and analysts are divided on whether it is the start of a prolonged bear trend or a temporary dip as Bitcoin continues a downtrend. LUNA, which depends on TerraUSD, dived from $87 to … Read more
Bitcoin and all other crypto are still trending downwards while fear surrounding the global macroeconomic environment escalates. Losses could accelerate as cryptocurrencies appear to breach vital demand zones. Many traders and investors are at a great loss right now. The market fear and greed index is now in extreme fear. The negative sentiment is being fueled by massive liquidation volume, which now sits at almost $300 million.
The Crypto market is in a strong correction, Bitcoin (BTC) is aiming to hold above $37,000 levels. The correction that occurred during the weekend to till now has made a lot of cryptocurrency prices go down and especially the meme coins. A lot of meme coin prices have gone down by 30%, 40%, and 50%. … Read more