Bitcoin Analysis Archives - Cryptopian News

Bitcoin Retraces to $59K: What’s Causing the Shift?

Crypto News / Leave a Comment / RIZ A / October 10, 2024

The latest shift in Bitcoin’s value, specifically the Bitcoin retraces to $59K, raises questions about the driving factors behind this downturn. Several critical elements, from macroeconomic conditions to technical market indicators, appear to have played a role in this change. Macroeconomic Factors Impacting Bitcoin One of the most significant reasons for Bitcoin retraces to $59k […]

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Bitcoin Price Crash: Why Fear Is Taking Over the Market

BLOCKCHAIN / Leave a Comment / RIZ A / September 9, 2024

Bitcoin has suffered a major price drop in recent days, thus increasing the level of fear among traders. There are several reasons for this panic among such things as the Fear and Greed Index is at a record high of extreme fear. The Fear and Greed Index undefined The Fear and Greed Index is a

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Bitcoin Price Plunge to $40,000 Imminent

Crypto News / Leave a Comment / RIZ A / September 3, 2024

As we advance deeper into September, BTC looks somewhat vulnerable to the market outlooks that consider the plunge down to $40,000 in the near future to be possible. Despite its past performances, technical, historical, and macroeconomic factors mean that BTC could soon enter a bear market. Historical Trends: September Slump Mining, or the process of

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