Bitcoin May 16 daily chart alert - Bears have slight edge

Canada News News

Bitcoin May 16 daily chart alert - Bears have slight edge
Canada Latest News,Canada Headlines
  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 5 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 5%
  • Publisher: 78%

Bitcoin May 16 daily chart alert - Bears have slight edge bitcoin crypto Cryptocurrencies

- June Bitcoin futures prices are weaker in early U.S. trading Tuesday. Prices this week hit a two-month low and are in a downtrend on the daily chart. Bears have the slight overall near-term technical advantage.

That means the path of least resistance for prices is sideways to lower. Stay tuned!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

KitcoNewsNOW /  🏆 13. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin May 15 daily chart alert - Downtrend is bears' friendBitcoin May 15 daily chart alert - Downtrend is bears' friend
Read more »

Bitcoin set to plunge down the price charts once more as bears target $25.2kBitcoin set to plunge down the price charts once more as bears target $25.2kBitcoin bulls late to the party paid the price in recent weeks. The Bitcoin rejection broke the market structure on the H12 timeframe on 19 April, and more downside was expected.
Read more »

Why Bitcoin’s [BTC] recovery may be restricted despite upside prospectsWhy Bitcoin’s [BTC] recovery may be restricted despite upside prospectsThe king coin has shown signs of an uptick lately. However, the trend could be more of 2019's sideways swings than a non-stop rally.
Read more »

Bitcoin’s [BTC] realized cap goes sky-high while another key metric plungesBitcoin’s [BTC] realized cap goes sky-high while another key metric plungesAs Bitcoin's realized cap reaches $389.4 billion, a cyclical growth pattern emerges, with diminishing returns across epochs and an ongoing bearish trend in the market.
Read more »

Bitcoin [BTC]: Why $25,000 might be the next target support levelBitcoin [BTC]: Why $25,000 might be the next target support levelBitcoin had a bearish performance last week after being unable to push past $30k. BTC […]
Read more »

Bitcoin could see renewed momentum thanks to these BTC investors…Bitcoin could see renewed momentum thanks to these BTC investors…As Bitcoin's price fluctuates, institutional transactions decrease while retail investors take charge. Retail activity surges, hinting at a potential bull market on the horizon.
Read more »



Render Time: 2025-02-25 15:31:12