Bearish Bitcoin signal fires, raising chance for a 77% price drop
A bearish signal from Bitcoin’s SuperTrend indicator projected a major decline, which could be reinforced by the Crypto Fear & Greed Index registering “extreme fear.”
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A bearish signal from Bitcoin’s SuperTrend indicator projected a major decline, which could be reinforced by the Crypto Fear & Greed Index registering “extreme fear.”
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin steadies near $82,000 as Warsh declines to signal another Fed hike
Bitcoin's resilience amid market volatility highlights its potential as a hedge against economic uncertainty and shifting monetary...
Why Is Crypto Down? Hotter CPI Fuels Fears of Delayed Fed Rate Cuts
Why is crypto down? Bitcoin fell by 4% over 24 hours, while Ethereum lost about 6.5% as hotter U.S. inflation and a technology sel...
XRP Price Drops, But ETF Defies Crypto Bloodbath as Bitcoin and Ethereum Funds Bleed
US spot XRP ETFs recorded about $740,000 in net inflows even as the coin lost 6% of its price over 24 hours. Bitcoin, Ethereum, So...
Hot Inflation Data Puts Bitcoin Under Pressure, but ‘Difficult’ Isn’t ‘Bearish’: CoinShares
Bitcoin Magazine Hot Inflation Data Puts Bitcoin Under Pressure, but ‘Difficult’ Isn’t ‘Bearish’: CoinShares Bitcoin’s price has d...
Google Gemini AI Predicts Bitcoin to Hit $175K by 2027
When prompted, Google Gemini AI predicts that by January 1, 2027, Bitcoin could be trading for $175,000. It gives a hypothetical c...
Bitcoin ETF Records $260 Million Outflows, Led by Fidelity and BlackRock
US spot Bitcoin ETFs recorded $261.4 million in net outflows on October 14, led by Fidelity’s FBTC with $152.7 million withdrawn a...