• About
  • Advertise
  • Contact
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Bitcoin price prediction Bulls rest before taking on $60,000 resistance

    Bitcoin price prediction: Bulls rest before taking on $60,000 resistance

    MicroStrategy

    MicroStrategy adds more Bitcoin to their portfolio

    digital dollar currency

    Digital dollar currency set to launch in Canada

    Binance Coin price

    Binance Coin price: BNB recovers $250, what’s next?

    Crypto

    Cryptocurrency is not a legal tender in Nigeria- CBN Governor

    crypto ban

    Crypto ban: Hong Kong considers banning small-scale Bitcoin investments

    How ethbox Can Help Generate Passive Income 1

    How ethbox Can Help Generate Passive Income

    Bitcoin

    Bitcoin price recovers above $50,000 as Square buys $170M worth of BTC

    China is jointly exploring a cross-border digital currency project

    China is jointly exploring a cross-border digital currency project

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Bitcoin price prediction Bulls rest before taking on $60,000 resistance

    Bitcoin price prediction: Bulls rest before taking on $60,000 resistance

    MicroStrategy

    MicroStrategy adds more Bitcoin to their portfolio

    digital dollar currency

    Digital dollar currency set to launch in Canada

    Binance Coin price

    Binance Coin price: BNB recovers $250, what’s next?

    Crypto

    Cryptocurrency is not a legal tender in Nigeria- CBN Governor

    crypto ban

    Crypto ban: Hong Kong considers banning small-scale Bitcoin investments

    How ethbox Can Help Generate Passive Income 2

    How ethbox Can Help Generate Passive Income

    Bitcoin

    Bitcoin price recovers above $50,000 as Square buys $170M worth of BTC

    China is jointly exploring a cross-border digital currency project

    China is jointly exploring a cross-border digital currency project

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
No Result
View All Result
Home News Bitcoin News

Bitcoin bearishness continues, unprecedented says analyst

Ifeanyi Egede by Ifeanyi Egede
March 11, 2020
in Bitcoin News
2 min read
Bitcoin bearishness continues, unprecedented says analyst 3
586
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

A top trader noted that Bitcoin appears to show signs of “unprecedented Bitcoin bearishness that hasn’t been seen before in its history”.

A tweet by MoonOverlord, a well-respected analyst and trader on Twitter, commented on the possibility of a new BTC era as “historically dips, and a majority of wicks were to the downside, feels that like has flipped”.

Bitcoin bearishness continues

RelatedPosts

Bitcoin price prediction: Bulls rest before taking on $60,000 resistance

MicroStrategy adds more Bitcoin to their portfolio

Bitcoin price recovers above $50,000 as Square buys $170M worth of BTC

$5.6 billion crypto positions got liquidated over the 24 hours, amid market correction

Bitcoin bearish market could broaden further

Bitcoin (BTC) experienced a substantial selloff this week and the outcome is reasonably given as people sell their asset out of insecurity of political-economic instability

It’s obvious that the Bitcoin market has faced a turbulent moment for the past few weeks. The rate at which investors selloff trade has severely damaged the bullish trend/market. 

However, reviewers are suspecting that the ongoing Bitcoin bearish market could broaden further, there are numerous easy aspects that layout acceptable worst-case procedures for the cryptocurrency in the near-term, which implies that Bitcoin may face serious bearishness for the next two months as predicted.

Will the bull market return?

However, there is jaded negativity of Bitcoin miners not selling in the market, indicating that the jaded negativity was regarding the strength and liquidity of the market irrespective of the constant growth from the price standpoint.

However, this jaded negativity was guaranteed because of the intense buying of bitcoin which was observed throughout January and early February has reduced. And in order to remove the bullish recent losses on BTC, it is important that they maintain $7,700 which is an important support and defiance necessary for cryptocurrency on numerous occasions regarding the course of the recent rally.

The Bitcoin bearish market was able to recover to more than 50% although the price is showing little signs of bullish exhaustion.

The analysis shows that while Bitcoin’s inflation rate will reduce from 3.66% to about 1.8%, it’s either the demand remains the same or accumulate, however being a motivation for growth. And the effect will take quite some time to be seen as there will be a further Bitcoin bearish market.

Featured image by Pixabay

Ifeanyi Egede

Ifeanyi Egede

Ifeanyi Egede is an experienced and versatile freelance writer and researcher on the blockchain space and related matters with published works online and in the print media. He has close to a decade of writing experience. When he is not writing, he spends time with his lovely wife and kids.

Related Posts

Bitcoin price prediction Bulls rest before taking on $60,000 resistance
Bitcoin News

Bitcoin price prediction: Bulls rest before taking on $60,000 resistance

February 24, 2021
MicroStrategy
Bitcoin News

MicroStrategy adds more Bitcoin to their portfolio

February 24, 2021
Bitcoin
Bitcoin News

Bitcoin price recovers above $50,000 as Square buys $170M worth of BTC

February 24, 2021

Follow Us

  • 40.9k Fans
  • 8.3k Followers

Latest News

Join the Most Awaited ICO of the Year and Get your Ticket to the Crypto world 4

Join the Most Awaited ICO of the Year and Get your Ticket to the Crypto world

February 25, 2021
Bitcoin price prediction Bulls rest before taking on $60,000 resistance

Bitcoin price prediction: Bulls rest before taking on $60,000 resistance

February 24, 2021
MicroStrategy

MicroStrategy adds more Bitcoin to their portfolio

February 24, 2021
digital dollar currency

Digital dollar currency set to launch in Canada

February 24, 2021
Binance Coin price

Binance Coin price: BNB recovers $250, what’s next?

February 24, 2021

Signup To The Daily Roundup

Get New Posts By Email:
Privacy Policy

Got a Story tip? Email Contact@Cryptopolitan.com

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Exclusive Partners of

Footer 5

Got a Story tip? Email Contact@Cryptopolitan.com

cryptopolitan 1

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Cryptopolitan brings you quality Blockchain and Cryptocurrency news, ICO reviews, crypto technical analysis, and other unique news insiders. We cover Bitcoin news, altcoins news, blockchain projects news, ICO news, regulatory developments and the confluence of news on the leading blockchain technologies.

© 2021 Cryptopolitan. All rights reserved. Terms | Privacy

No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events

Copyright © 2020 Cryptopolitan.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.