Too ‘grande’ to fail — Bitcoin price stumbles at $44K as China plans for Evergrande’s implosion
Predictions include a short-term low at $42,000 as overnight progress turns into consolidation. Go to Source Powered by WPeMatico
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Avalanche recovers from Evergrande-led selloff as AVAX rebounds over 30%
The sharp bounce back in Avalanche market yet faces risks of exhaustion as the price forms a bearish wedge setup. Go to Source Powered by WPeMatico
Bitcoin bounces again after briefly losing $40K support — Watch these BTC price levels
The Chinese property developer will soon be a “non-event,” one analyst says, with markets already shrugging off the story. Go to Source Powered by WPeMatico
Evergrande: Buy the dip or bail? Pundits weigh in
Marty Bent, the co-founder of Bitcoin mining firm Great American Mining, is glad to be hodling Bitcoin as uncertainty hangs over the legacy financial system Go to Source Powered by WPeMatico
Traders buy the Bitcoin dip even as Evergrande’s implosion rocks stock markets
The Evergrande fiasco appears to be driving the correction in global stock markets, but data shows this isn’t deterring pro traders from buying the BTC dip. Go to Source Powered by WPeMatico
Evergrande Losses Sparks Fear of Looming Credit Contagion, Janet Yellen Asks to Raise US Debt Ceiling
Global investors have their eyes peeled on the Evergrande Group or the Evergrande Real Estate Group, China’s second-largest property developer by sales. Evergrande Group shares nosedived on Monday dropping to 11-year lows and many analysts and economists are concerned about a possible credit contagion. Credit problems with China’s real estate industry have affected global markets … Read more
Ethereum forming a double top? ETH price loses 12.5% amid Evergrande contagion fears
The pattern’s neckline support near $1,984 emerges as Ethereum’s downside target. Go to Source Powered by WPeMatico
Bitcoin bounce levels extend to $36K with bulls unmoved by 8% BTC price dip
An “interesting opening” for stocks promises a hectic day for Bitcoin traders. Go to Source Powered by WPeMatico
Bitcoin loses $44K support as stocks, Evergrande nerves hit BTC price
Sentiment takes a battering amid surprise at the extent of the Bitcoin price “nuke.” Go to Source Powered by WPeMatico
Bitcoin extends slide below $43K as Binance’s BTC stash grows to May-crash levels
Bitcoin has been leaving Coinbase’s wallets in 2021 while BTC exchange reserves on Binance tell a different story. Go to Source Powered by WPeMatico
