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Category Bitcoin Drawdown

MainNewsBitcoin Drawdown
Bitcoin Mining Hashrate Extends Drawdown, Now Over 8% Down Since All-Time High

Bitcoin Mining Hashrate Extends Drawdown, Now Over 8% Down Since All-Time High

On-chain data shows the Bitcoin mining hashrate has continued its decline as the price of the cryptocurrency itself has seen a setback. 7-Day Avera...
Aug, 12, 2024
3 min read
by Bitcoinist
Bitcoin Has Next Major Demand Zone At $56,000: Brace For Impact?

Bitcoin Has Next Major Demand Zone At $56,000: Brace For Impact?

On-chain data shows the next major Bitcoin demand zone is around $56,000, a level BTC might end up revisiting if the decline continues. Bitcoin Has...
Apr, 16, 2024
3 min read
by NewsBTC
Bitcoin Could See “More Pullback Than We Think,” Quant Explains Why

Bitcoin Could See “More Pullback Than We Think,” Quant Explains Why

A quant has explained that Bitcoin could end up seeing an extended drawdown if the past pattern in the Open Interest ends up repeating. Bitcoin Ope...
Mar, 20, 2024
2 min read
by Bitcoinist
This Bitcoin Indicator Has Hit Levels That Often Lead To Corrections

This Bitcoin Indicator Has Hit Levels That Often Lead To Corrections

On-chain data shows a Bitcoin metric has recently hit levels that have historically led to corrections in the cryptocurrency’s price. Bitcoin Is Cu...
Mar, 08, 2024
2 min read
by NewsBTC
Analyst Says Expect A Decline To $30,220 If Bitcoin Loses This Support

Analyst Says Expect A Decline To $30,220 If Bitcoin Loses This Support

An analyst has explained how a decline to $30,220 or below could happen for Bitcoin if the strong support range below the current price gets lost. ...
Jan, 08, 2024
3 min read
by NewsBTC