ETH Price Declines as Crypto Markets Trace a Bearish Trend

Ethereum was on Thursday 26th, still on a bearish trend which marked its start on 23rd August. The current price actions of ETH could open for an even further price plunge or a possible reversal. Also, Ethereum's price patterns impacted top DeFi coins.  Ethereum Price Analysis Ethereum, the second-largest crypto by market cap, was on Thursday, still on a bearish trend. According to coinmarketcap, ETH lost about 4.18% of its price in 24 hours between 25th and 26th of this…

Cryptocurrency Trading Strategies Best for a Bear Market

A bear market occurs when there is a progressive downtrend for a specified period. Trading cryptos without a plan wish your hard-earned money away because of the market’s volatility. With bearish markets, trading strategies vary, and they are a new trader’s worst nightmare. Bear markets are what differentiate wannabes from experienced crypto traders. They command discipline, knowledge, and profits for resilient traders. This guide seeks to find the best tips on approaching a bearish market to overcome the main obstacles…

Tips on How to Survive a Cryptocurrency Bear Market

A bear market is a situation in the financial markets where they experience prolonged price declines. These extended periods often lead to massive losses and high risks to risk-averse investors.  An excellent example of a prolonged bear market was the 2007-2009 United States market crash leading some assets to losses of over 50% in value. Since these crashes often lead to investors' losses in the short run, what can you do to protect the money? Or exit the market altogether?…

Tips on What To Do When the Crypto Markets are Bullish

If you're familiar with financial markets such as crypto trading, you're probably aware of bullish and bearish markets. The term "bull" and "bear" describe market conditions, and traders must know how to act in such conditions. A bullish market exists when traders are expecting crypto to increase in prices by up to 20%. In a bull market, investors are looking to invest their money due to increased investors' confidence in the market. However, despite the rise in market prices, the…

Bitcoin Investor Sentiment Dropping, as Risk of Near Term Downside Increases

Bitcoin price recently witnessed a sharp decline that led it to test the $9,200 lows. However, the bulls gained strength and were able to push the price back into the $9,500 region. This price volatility has made the crypto vulnerable to witnessing a further decline in the coming sessions. Notably, buyers aggressively confronted this deal with buying pressure, confirming that it does have some important support within the lower $9,000 levels. Some analysts have pointed out that the flagship cryptocurrency…

Bitcoin Bear Market May Extend, Says Volume Analysis

Bitcoin reward halving has happened and the bull market should be ready to swing into action. However, the recent rally’s volume profile could bring about declining moves which might suggest Bitcoin returning to an extended seller market. It is commonly said in the traditional markets that volume precedes price, but Bitcoin traders may not be familiar with it. This means smart money usually takes positions early, which does not always reflect price movements. Rather, trading volume can offer an early…

A Comprehensive Guide on Crypto Bear And Bull Markets

If you are new to investing in the crypto market, then you’ve likely heard people talking about crypto bull/bear markets or crypto whales, but you might not be sure what they mean. The truth is that it’s possible to make money in both bull and bear markets, but there are different strategies for each. That said, investors should be cautious when putting their money into cryptocurrency markets no matter what type of investing environment we are experiencing because there are…

PlusToken Scammers Could be the Reason for Recent BTC Price Crash

On Sunday, BTC saw its worst daily loss since September 2019, declining from $8,900 to $8,000, almost a 10% decline. The decline has continued today, currently trading at $7,705according to CoinMarketcap.  Although the price drop was parallel to a lousy day in trading traditional stock, analysts claim that there could be more factors driving the BTC crash.  For instance, a trader named Kevin Svenson on Twitter claimed that this sudden crash could not be attributed to sell-offs since the market…

Claims of BTC in Full Bear Market

As the BTC/USD prices change, most participants in the market perceive different conclusions concerning the general BTC performance. According to Alex Kruger, the current perception that the bitcoin illustrates a bullish market was completely wrong, concerning its ability to maintain a declining value under $6,400. This followed the perceived decrease in bitcoin prices under $6,800 and focused on receiving assistance at values between $6,500 to $6,200. Expressions by Kruger show his insight towards the halving events of BTC, and he…