Analyzing Bitcoin’s Price Fluctuation: Bearish Pennant Pattern Sparks Concerns
The legendary trader noticed a "pennant" or "flag" on the bitcoin price fluctuation chart, which, according to the crypto investor, has short-term bearish implications. Pennants are patterns that traders often use to predict future market movements. According to the as ...
Cryptocurrency Analyst Foresees Strong Fluctuations for Bitcoin Price Before Potential Upsurge
Cryptocurrency analyst believes that the price of the first cryptocurrency may undergo strong fluctuations before it begins to rise. "Perhaps one more shake-up, then a push up. But hey, it's just a guess, and a guess is the best we can offer," Peter B ...
Institutional Investors Continue to Withdraw Funds from Cryptocurrency Trusts
CoinShares reported in another weekly market review that institutional investors have withdrawn funds from cryptocurrency trusts for the fifth week in a row. Between May 15 and May 19, $32 million in assets were withdrawn from cryptocurrency investment trusts. Total outf ...