[ad_1] Bitcoin trades near $89,000 today after its 14-day relative strength index fell below 30 in mid-November, a threshold traders track for capitulation. A chart circulated by Global Macro Investor’s Julien Bittel,... Read more »
[ad_1] Bitcoin’s (BTC) drawdown on Monday pushed the asset into a 26.7% loss, narrowly overtaking the 26.5% slide seen in April, and marking the steepest correction of the current bull market. The... Read more »
[ad_1] Key takeaway: Bitcoin’s bullish megaphone pattern suggests $144,000-$260,000 is in play this cycle. Signs of panic from BTC short-term holders hint at a potential local bottom. Bitcoin (BTC) price action has... Read more »