Bitcoin Price Analysis and Predictions; May 10, 2022
Bitcoin price had a strong crash and at some point dipped below $30,000. Currently, the price is consolidating while moving toward $32,000. Here is a summary of Bitcoin price in the past 24 hours: Bitcoin lost the $33,500 and $32,000 support levels. Currently, BTC is trading below $32,000 and the 1-hour candles are below the […]
What is Causing the Crypto Crash?
What goes up, must come down. In this case, a crypto crash is actually a healthy event despite annihilating our investments. The plunge that initially started on May 5th has been bleeding the market as Bitcoin is currently trading below $31,000. In the meantime, the US stock market is not doing so hot either. In […]