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Tag Archives: Bearish

This Highly Bearish Volume Trend Spells Trouble for Bitcoin

Following the incredibly bearish selloff witnessed by Bitcoin and the aggregated crypto market yesterday, buyers have stepped up and supported the markets, allowing BTC and most other altcoins to put some distance between their recent lows. The market’s ability to establish some strong support above its recent lows seems to …

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Why the Bitcoin’s Bearish MACD Cross May Not Plunge Price

At the turn of the month, analysts were quick to check Bitcoin’s charts, checking if any of their indicators signaled that bears remained in control of the cryptocurrency market. Unfortunately for bulls, indicators did. Per previous reports from NewsBTC, November’s monthly candle close resulted in the Moving Average Convergence Divergence …

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Bitcoin Weekly Forecast: BTC Trend Overwhelmingly Bearish

After struggling to recover above $7,300, bitcoin price started a fresh decline against the US Dollar. The price is currently trading in a bearish zone just above the $7,000 support area. There is a key bearish trend line forming with resistance near $7,260 on the 4-hours chart of the BTC/USD …

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