Tag: bitcoin selloff
Why the Latest Bitcoin Selloff Looks Different From Past Cycles
Bitcoin’s worst cycle drawdowns have compressed from -92.7% in 2011 to just -68.5% in 2022. Bitcoin demand flipped positive at +1,200 BTC after bottoming near…
Bitcoin Takes a Nasty Fall Following Weekend Selloff
Bitcoin recently rose as high as $61,000 per unit, thereby reaching a new all-time high. However, it looks like this sudden surge wasn’t designed to…
$6,000 Dip for Bitcoin; The Selloff Has Likely Begun
As of late, bitcoin isn’t doing so hot. The world’s number one cryptocurrency by market cap had recently hit a new all-time high exceeding $40,000…
Bitcoin Price Drops: Are Whales to Blame?
Well, don’t we all feel foolish? After touting bitcoin’s strength and saying that it’s working its rear off to stay above $8,000, bitcoin has undergone…
