‘Buy the dip’ mentions on social platforms surge as Bitcoin stumbles
Mentions of “buy the dip” on Reddit, X, 4chan and Bitcoin Talk doubled over the last two days as Bitcoin has fallen to lows unseen in months. Go to Source
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Crypto Supporters Sift Through the Graveyard of Technical Indicators That Failed to Predict Bitcoin’s Bottom
As the end of 2022 approaches, a great number of bitcoin proponents are questioning whether or not the bottom is in as far as the official end of the crypto winter is concerned. The current bitcoin bear run just entered the longest bottom formation since the 2013-2015 bitcoin bear market. Moreover, analysts note that most … Read more
After More Than 380 Days, Crypto Supporters Celebrate Surviving the Second-Longest Bitcoin Bear Market
On Saturday, members of the forum r/cryptocurrency discussed how the current bear market is now the second-longest bear market in the history of bitcoin prices. According to the forum post, the current crypto winter has lasted more than 380 days, just below the longest bitcoin downturn that took place during the 2013-2015 bear market, which … Read more
Bitcoin hodling activity resembles previous market bottoms: Glassnode
Bitcoin’s price had just topped $21,000 at the time of writing — meaning around 45% of BTC holders have an “on-paper loss,” according to Glassnode. Go to Source Powered by WPeMatico
Will Bitcoin Fall to $13,800? — What an 80% Drawdown Will Look Like From Here
On Monday, June 15, 2022, the price of bitcoin tapped a low not seen since mid-December 2020 as the price hit $20,080 per unit. A large number of crypto supporters are debating whether or not the drop is the market’s bottom or if the fall could lead to deeper losses. At the time of writing, … Read more
Analyst Suggests Bitcoin’s Bottom Could Be $50K Assuming BTC Surpasses $200K This Cycle
The price of bitcoin in October has shown signs of a double-bubble similar to the bull run in 2013, and speculators have been trying to guess the leading crypto asset’s top. On October 20, cryptocurrency market analyst Justin Bennett discussed bitcoin’s possible price floor after it reaches the top. Bennett suggests the end of this … Read more
Fidelity Executive Believes Bitcoin’s Price ‘Bottom Is in’ After Last Month’s Market Carnage
On Monday, Jurrien Timmer, director of global macro at Fidelity and co-manager of the Fidelity Global Strategies Fund, told his 56,000 Twitter followers his perspective on the current bitcoin prices. “In my view, it looks like the bottom is in,” the Fidelity executive explained, sharing a BTC/USD chart. Fidelity’s Jurrien Timmer Attempts to Call Bitcoin’s … Read more
Investor Says Bitcoin Bull Run Is Not Just Getting Started, Run-up Is in the ‘Top of the 7th Inning’
While bitcoin’s price has been consolidating for quite some time now, every now and then bulls have tried to press the price past the psychological all-time high captured in March. Meanwhile, a few bitcoiners have been saying that the bull market is “just getting started” even though the price has multiplied in value quite a … Read more
Snowden Reacts to Bitcoin’s New Price Milestone — Whistleblower Tweets ‘One word: Bitcoin’
The price of bitcoin has just hit a historic milestone in a turbulent year, crossing the $20,000 threshold, refreshing its all-time high, and well-known crypto advocates such as Edward Snowden have been reacting to the news on social media. Snowden Reacts to Bitcoin All-Time Highs The famous American whistleblower published a brief but widely discussed … Read more
Snowden Recalls His Bitcoin Comment Made During the Coronavirus-Driven Meltdown in Crypto Market
The famous American whistleblower, Edward Snowden, took to his Twitter account once again to talk about bitcoin. This time around, he confirmed on December 7, his call on the bottom that the crypto reached on March 12, 2020. Snowden Remembers His Call on Bitcoin’s Bottom in March 2020 Edward Snowden, a former Central Intelligence Agency … Read more
