Tag: Bloody

This Technical Index Forecasts a Bloody Week for the Cryptocurrency Market

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More than $80 billion have been injected in the cryptocurrency market over the past month. The substantial inflow of capital allowed most digital assets to recover the losses incurred during the Mar. 12 crash. However, a well-known technical index among institutional investors suggests that a retracement is underway. Bitcoin current chart thoughts. Have had a low conviction long bias from mid 6000’s pic.twitter.com/KtNlJ4GFNf — Thomas Thornton (@TommyThornton) April 23, 2020 A Sell Signal Across All Major Cryptocurrencies: Bitcoin, Ethereum, and XRP The TD sequential indicator is currently presenting a sell…

Bitcoin Price Falls to $9.6K Amid Bloody Sunday for XRP, ETH, Altcoins

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Bitcoin (BTC) price has fallen further dropping about $300 in less than one hour on Sunday, Feb. 16, though paring some losses since with a bounce from $9,600 to $9,790 at press time. Crypto market 1-day price chart. Source: Coin360 Bad weekend for Bitcoin price bulls Most other cryptocurrencies fared much worse, however, as evidenced by Bitcoin’s market dominance rising one percent from yesterday to 63.2%. The bad weekend for the bulls began on Saturday after losing the $10,000 level. Today, BTC/USD tumbled further and bounced off a key resistance…

Crypto Markets Bloody day, Bitcoin dropped 15%, markets lost 20B

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Bitcoin tumbled below $6,000 for the first time since August and reached its lowest level in over a year, breaking the recent stretch of tranquility exhibited by the notoriously volatile digital alternative to cash. The world’s largest cryptocurrency tumbled as much as 15 percent, with most of the initial loss coming within a half hour window. It’s the biggest drop since February. Other digital coins slumped, with smaller rivals Ether, Litecoin and XRP dropping more than 17 percent. Bitcoin Cash tumbled as much as 21 percent as the Bitcoin offshoot…