TA: Bitcoin Struggles Below $32K, Why Downtrend Could Resume

Bitcoin attempted a recovery wave above $32,000 against the US Dollar. BTC is struggling and remains at a risk of more losses below $30,000. Bitcoin started a short-term recovery wave after it tested the $30,000 zone. The price is now trading below $31,500 and the 100 hourly simple moving average. There is a major bearish … Read moreTA: Bitcoin Struggles Below $32K, Why Downtrend Could Resume

Bitcoin Seen Dropping To $32K – But Not This Month – As Analyst Sees It Hitting $48K

The price of Bitcoin (BTC) has failed to break through the $40,000 barrier, indicating that confidence in the cryptocurrency market remains sluggish. BTC has been declining for more than a month. If it falls below $38K, it could fall all the way to $32K. While the crypto market is now bearish, another crash is improbable, … Read moreBitcoin Seen Dropping To $32K – But Not This Month – As Analyst Sees It Hitting $48K