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What Is Bitcoin Dominance and Why Does It Matter?

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May 09, 2024

Bitcoin (BTC/USD) Market Resumes Its Bearish Trend

Bitcoin Price Prediction – May 9 BTCUSD market resumes its bearish trend after a buy-side liquidity grab above $64728.00. The overall market trend is bearish, as the price keeps respecting a major trendline to the downside. According to the MACD (Moving Average Convergence Divergence), the directio...
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May 03, 2024

Bitcoin (BTC/USD) Market Sets To Retrace Upward

Bitcoin Price Prediction – May 3 The BTC/USD market is set to retrace upward as the oversold region is about to be reached. The market’s order flow is currently bearish. This came after a rejection of the price at the $73836.00 resistance. The overall market trend has been bearish following the MSS...
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April 22, 2024

Bitcoin (BTC/USD) Soars Past $65,000

Since April 19th and 20th, coinciding with the Bitcoin halving event, there has been a noticeable equilibrium in supply and demand within the market. This equilibrium suggests a hesitancy among traders to determine the market’s next direction, likely in anticipation of the event’s outco...
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