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Crypto Review - Page 64


Bitcoin will test historical patterns
Bitcoin will test historical patterns.

Bitcoin was down 4.9% on Thursday, ending around $20.7K and trading near $20.8K at the start of the day on Friday. Ethereum lost 6.4% in the last 24 hours, returning to the $1100 area. Altcoins in the top 10 fell.

Bitcoin bounced up from $20K, but lack of reasons for a rally
Bitcoin bounced up from $20K, but lack of reasons for a rally.

Bitcoin was down 0.7% on Wednesday, ending it near $21.8K, although it was a hair away from $20K in the first half of the day. Ethereum gained 5% in the past 24 hours, losing 35% in 7 days. Altcoins from.

Bitcoin’s continued collapse and furnace of fire for the crypto periphery
Bitcoin’s continued collapse and furnace of fire for the crypto periphery.

Bitcoin was down 5.7% on Tuesday, ending the day at around $22K. The decline picked up on Wednesday morning, taking another 3.3% off the price to $21K, declining for the eighth consecutive day and losing 30% in seven days. Ethereum.

Bitcoin and Ether reached two of three bears’ targets
Bitcoin and Ether reached two of three bears’ targets.

Bitcoin collapsed 15.1% on Monday, ending the day around $23,200 and slipped another 10% on Tuesday morning on inertia before finding support from buyers after touching $20,800. Ethereum has lost 7.8% in the past 24 hours and more than 30%.

Bitcoin is unlikely to gain support before falling to $20K
Bitcoin is unlikely to gain support before falling to $20K.

Bitcoin is losing for the seventh consecutive day, at one point on Monday morning, falling below $25K. The loss in seven days of selling is approaching 18%, bringing the rate to its lowest since December 2020. Ethereum has lost 28%.

Loss of correlation with stocks will pave the way for crypto to portfolios
Loss of correlation with stocks will pave the way for crypto to portfolios.

Bitcoin was down 0.3% on Thursday, continuing to hover around $30K. This mild decline was a bonus of last month’s loss of correlation between the cryptocurrency and stock markets. Ethereum lost 0.4%, settling near $1800. Other top-10 altcoins showed mixed.

Cryptocurrency’s lingering lull
Cryptocurrency’s lingering lull.

Bitcoin was down 3.7% on Wednesday, ending the day near the $30.2K level, which it remains near on Thursday morning. The overall subdued sentiment towards cryptocurrencies coincided with a pullback in stock indices. However, the dynamics of the previous days.

Bitcoin swings in a tight cage
Bitcoin swings in a tight cage.

Bitcoin continues its wild swings between $29-31.5K. By the end of the day on Tuesday, it had moved sharply back to the upper end of the range, but Wednesday began with a new dip, temporarily falling below 30K. Overall, bitcoin.

Bitcoin is unlikely to bottom so early and high
Bitcoin is unlikely to bottom so early and high.

Bitcoin rose 4.9% on Monday, ending at around $31.5K. However, on Tuesday morning, the first cryptocurrency collapsed 7% to $29.5K, the second such bear attack in the past seven days. Both were of similar magnitude, but the latter should have.

A bounce, but hardly the start of a rise in the crypto market
A bounce, but hardly the start of a rise in the crypto market.

Bitcoin rose 2.4% to $30.5K in the past 24 hours. Ethereum added 0.2% to $1820. Ether was unexpectedly among the laggards. Altcoins from the top 10 rose from 1.5% (BNB) to 4.1% (Solana). Total crypto market capitalisation, according to CoinMarketCap,.

Interrupted flight of cryptocurrencies
Interrupted flight of cryptocurrencies.

Bitcoin collapsed 5.6% in the past 24 hours, retreating again below the $30K mark. Ethereum lost 6.1%. Leading altcoins in the top 10 fell from 5.2% (BNB) to 11.5% (Solana). Total crypto market capitalisation, according to CoinMarketCap, sank 5.3% overnight.

The lack of desperation in crypto for a real rally
The lack of desperation in crypto for a real rally.

Bitcoin slowed late Tuesday afternoon, retreating from local highs near $32.3K to $31.5K. Ethereum has lost 2.5% in the past 24 hours to $1930. Other altcoins in the top 10 are losing between 0.3% (BNB) and a 6.5% increase (Cardano).

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