Bitcoin’s sluggish price performance continues, but this time, the asset has lost a few hundred dollars and trades just below $26,000.
Most altcoins are with minor daily losses as well, with XRP, ADA, DOGE, and DOT losing around 2% of value.
BTC’s Inability to Move Decisively
The primary cryptocurrency’s price movements have been quite untypical for the past month or so. The only notable exception was August 17, when the as...
Cryptocurrency price analysis brought by Coinidol.com. The price of Solana (SOL) has moved in a range after falling on August 17.
Solana long-term price forecast: bearish
The price of the cryptocurrency moved between $19 and $22. Three time...
Bitcoin’s price shows a very low intent to recover following the recent drop last week. Things are not looking positive in the short term.
Technical Analysis
By Edris
The Daily Chart
On the daily chart, the price has been consolidating inside a tight range over the last few days, following a massive drop from the $30K critical resistance zone. The 200-day moving average has also been broken to the downside, which is a clear...
Bitcoin’s price performance over the past 24 hours is hardly surprising given the lower trading volumes during the weekends, and the asset has not moved an inch from its $26,000 level.
The altcoins are also highly stagnant on a daily scale, but some have posted notable losses since last Sunday.
BTC Boring at $26K
Bitcoin was in a similar situation last week – meaning it had stalled for weeks at around $29,000 – before a sud...
After the late-business week pump and dump that drove BTC to a six-day high, the cryptocurrency has returned to $26,000 as it did during the last weekend as well.
Most altcoins are also calmer today, with XRP and SHIB standing out as the top performers from the larger-cap ones.
BTC Back to $26K
August 17 became one of the worst trading days for bitcoin this year when the primary digital asset plummeted by over $3,000 to reg...
Cryptocurrency price analysis brought by Coinidol.com. The BNB price has fallen below the previous low of the cryptocurrency.
BNB price long term forecast: bearish
During the recent decline, the altcoin was expected to reach a low of $196....
The end of last week was a lot more eventful as the primary cryptocurrency dumped hard by over $3,000 in hours to see its lowest price tag in over two months at just over $25,000. Then came the recovery attempts that saw BTC regain around a grand.
However, not much has happened to bitcoin’s price since then, as the asset calmed at around $26,000. The only exceptions were on Wednesday when it dropped suddenly by over $500, a...
Bitcoin’s price pump toward $27,000 came to a quick halt as the asset has returned to its familiar ground of around $26,000.
Most altcoins are also in the red today following yesterday’s brief price pumps, with SOL, XRP, SHIB, and MATIC dropping the most from the larger caps.
BTC Back at $26K
Bitcoin went through extreme volatility last Thursday when it plummeted by over three grand in a day to a two-month low of $25,300. H...
The latest price analysis by Coinidol.com report, Bitcoin (BTC) price has returned to a sideways pattern after the price decline on August 17.
Bitcoin price long term forecast: bearish
The largest cryptocurrency is currently trading between...
After days and days of trading sideways without any movements upwards, bitcoin finally went on the offensive in the past 24 hours and came close to $27,000.
Nevertheless, the primary cryptocurrency has been outperformed by the likes of SOL, ADA, TON, MKR, and more.
BTC Closing Down to $27K?
After last week’s massacre that brought bitcoin from about $29,000 to $25,300 (a two-month low) within a single day, the asset started ...
