Analysis

Bitcoin Fractal Indicates a Massive Price Crash to Below $3,000

Bitcoin is at the risk of crashing below $ 3,000 as a historically accurate bearish indicator screams ‘sell’ for the first time since July 2018. Bitcoin eyeing deeper bearish correction after Death Cross formation | Source: CryptoHamster The benchmark cryptocurrency’s 50-weekly moving indicator slipped below its 20-weekly moving indicator on Thursday, leading to the formation […]

Analysis

Bitcoin Risks Drop to $8.7K as Accurate Fractal Flashes Sell-off Sentiment

Bitcoin is risking massive price declines below $ 9,000 as a historically accurate fractal indicates traders’ sell-off sentiment. The benchmark cryptocurrency’s tendency to retest the $ 8,750 level increased after it confirmed a bullish reversal pattern last week. Dubbed as Doji, the indicator is typically a session wherein an asset’s candlestick has almost the same […]