Categories: Bitcoin Latest News

Strategy Bears Outperform Bitcoin Bears, Breach Pivotal Bull Market Support

This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.

Strategy (MSTR) bears have pierced a key bull market support, leaving bitcoin (BTC) bears trailing behind.

The technical breakdown centres around the Strategy share price’s recent breach of its 50-week simple moving average (SMA). This SMA …

Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

Recent Posts

Morgan Stanley enters bitcoin ETF race with market-leading low fee

The bank priced its proposed spot bitcoin fund at 14 basis points, making it the…

29 minutes ago

If Bitcoin Should Be Worth $280,000 Right Now, What’s The Real Value Of Dogecoin And XRP?

An interesting statement from Grant Cardone has led to a different kind of conversation. According…

3 hours ago

Bitcoin Fear and Greed Index Hits Extreme Fear at 13 Out of 100

Bitcoin Magazine Bitcoin Fear and Greed Index Hits Extreme Fear at 13 Out of 100…

4 hours ago

Bitcoin Slumps As Traders Turn Defensive: Options Market Flashes Red Warning Signal

Bitcoin fell to its lowest level in over two weeks as traders adopted a more…

7 hours ago

Bitcoin Price Slides to Two-Week Low as Liquidations Top $300 Million and Macro Pressure Builds

Bitcoin Magazine Bitcoin Price Slides to Two-Week Low as Liquidations Top $300 Million and Macro…

7 hours ago

Bitcoin drops to two-week low as $300 million in longs are liquidated

Bitcoin fell below $67,000 and ether dropped toward $2,000 as equities weakened, oil topped $100…

9 hours ago