After facing a massive Skyfall, Bitcoin seems to be stabilizing after it tested the major support zone at $30,000 zone. This can be considered as stabilizing the market correction as Bitcoin consolidates over the past week. At the time of writing, Bitcoin is at $39,400 and its short-term support appears to be $36,400 in my […]
Category: Analysis
Bitcoin Hugely Supported at $38,000 Range
According to the previous article reported by Blockfinest, Bitcoin along with altcoins faced a sudden drop and most of the coins seemed to be supported at their major supports. So today, as Bitcoin currently hanging around the $40,000 zone it confirmed the Bitcoin’s major support is triggered and now the market is looking for a […]
What’s Happening to Bitcoin? Crypto Market Suffers
At the time of writing, Bitcoin along with alternative coins had faced an almost 20% – 50% sudden drop. Why is that? Let’s break down the facts. According to Coinmarketcap, on 19th May 2021, Bitcoin topped at $40,000 level and suddenly it dropped by $10,000 and is currently hanging around $35,000. Look at the past […]
