Tag Archives: Bearish

No Santa Claus Rally as Crypto Analysts Remain Extremely Bearish on Bitcoin

Bitcoin bulls might be sitting out the last month of 2019. While December has been kind to the top cryptocurrency since 2014, it appears that this year will be different. Analysts don’t see bitcoin bulls staging a coup in the next month or so. Continue reading No Santa Claus Rally as Crypto Analysts Remain Extremely Bearish on Bitcoin

BRIAN KELLY IS SHORT-TERM BEARISH BUT SEES ‘GENERATIONAL OPP’ IN BITCOIN

The bitcoin price might have broken back above the $10,000 level today, but one notable trader isn’t impressed. Speaking on CNBC, crypto investor Brian Kelly, who is usually the biggest bitcoin bull in the room, made it clear that he has turned bearish on BTC/USD despite its recent bounce. Longer-term, however, Kelly still believes there is a “generational buying opportunity” coming in bitcoin. But he doesn’t see it just yet. Continue reading BRIAN KELLY IS SHORT-TERM BEARISH BUT SEES ‘GENERATIONAL OPP’ IN BITCOIN

Cardano Price Outlook Remains Bearish Despite Upcoming Stakepools Integration

It is not entirely surprising to see all of the major cryptocurrency markets lose a ton of value right now. Ever since Bitcoin decided to turn bearish for no apparent reason, the overall momentum has been rather troublesome. Some markets are dealing with a lot more pressure compared to others. The Cardano price, for example, is bleeding value left, right, and center at this time. Continue reading Cardano Price Outlook Remains Bearish Despite Upcoming Stakepools Integration

How Traders Can Make the Most of the Bitcoin Price’s Bearish Turn

The bitcoin price on Tuesday continued to pursue its downward trajectory, albeit finding decent support at one of the downside targets. The climate is not favorable for establishing long-term positions, but a few well-timed day trades can help you make the most out of the market’s recent bearish turn. Continue reading How Traders Can Make the Most of the Bitcoin Price’s Bearish Turn