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What Is Bitcoin Dominance and Why Does It Matter?

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September 06, 2024

Bitcoin (BTC/USD) Market May Flip Bearish Despite Emerging Retracement

Bitcoin Price Prediction – September 5 BTC/USD market may flip bearish despite emerging retracement. The price faces upward after hitting the $56500 support. The overall bearish trend is likely to resume once the emerging retracement ends after tapping into the liquidity void. The BTCUSD market cur...
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August 30, 2024

Bitcoin (BTC/USD) Market Bullish Rebound Expected from Key Support

Bitcoin Price Prediction – August 29 BTCUSD bullish rebound expected from key support at $56500. A bullish move seems to have emerged since August. The bullish move might continue until the major trendline is hit. The BTCUSD market currently shows mixed signals on various indicators. The 9-day Simp...
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August 22, 2024

Bitcoin (BTC/USD) Market Likely to Resume Overall Bearish Trend 

Bitcoin Price Prediction – August 22 BTCUSD market likely to resume overall bearish trend. This projection aligns with the previous price actions around the 68% Fibonacci retracement level at $62000 resistance. The 9-period simple moving average (SMA) currently sits at approximately $59340, and the...
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August 08, 2024

Bitcoin (BTC/USD) Market Signals Bearish Continuation

Bitcoin Price Prediction – August 8 BTCUSD market signals a bearish continuation with downside targets below $50520. Following the conclusion of the ongoing upward retracement, the bearish trend might resume at the premium zone. The price has dropped below the 9-day Simple Moving Average (SMA) of $...
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