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Bitcoin Analysts Give Three Reasons Why BTC Price Below $20K May Be a ‘Bear Trap’

A set of technical indicators see Bitcoin price ending its prevailing bearish cycle, the Cointelegraph reported on September, 20. Bitcoin (BTC) recovered above the $19,000 mark on Sep. 20, a day after falling to its lowest level in three months. Bitcoin struggles after dropping below $20K On the daily chart, the BTC price rose from […]

2022 Bear Market Has Been the Worst on Record

Recent on-chain analysis by Glassnode has shown that the current Bitcoin bear cycle is playing out as the worst one in history. Several factors have contributed to making the current crypto bear market the worst ever recorded as most Bitcoin (BTC) traders are underwater and continue to sell at a loss, according to Glassnode. Blockchain […]