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Despite the BlockFi bankruptcy news and an acute bearish trend, Bitcoin has remained resilient to bearish pressure. Some indicators and experts analysis like Coingape,Coinpedia still point to a possible bearish trend reversal. The BTC price nearly jumped between $16,800 to $15,800 this week.


Bitcoin is having trouble coping with the bearish influences.

The asset could soon experience a major bearish reversal or upswing, until the price rises above $17,000 to reach the critical level of $17,500.

BTC is currently trading just above $16,500, which is the critical resistance. It is trying hard to validate the current upswing. Therefore, a slight pullback close to the previous resistance could be prominent before the price moves up.

Bitcoin price has been flashing new bearish signals and is expected to fall significantly to create new bottoms. lesser than the current level at $15,500.


Moreover, the Bitcoin is testing the crucial support levels around $16,100, below which the price may drop towards the yearly lows close to $15,500 (news source - Coinpedia).


Are you expecting a rebound incoming in the 2023? What number would it be?

FTX, one of the huge players in the crypto exchange arena, has collapsed badly amid liquidity issues, blocked withdrawals and its issues with Binance.
Binance tried to takeover but things did not go as expected. The biggest question here comes is What Does the FTX Collapse Mean for The Future Of Crypto??
Here are few lessons we can extract from the FTX fall -

• Crypto Does Not Change Personality. Leaders fall too and this affects everyone.
• Be aware of Fragility of Centralization and Decentralization.
• Chances of fall out for exchanges and platforms that have their own token is high. (Binance is exception though)

According to CNBC Bitcoin falls to its lowest level in nearly two years after this FTX-Binance drama. Earlier the bitcoin price prediction for end of 2022 was as high as $25,201.65 which currently looks impossible with bearish crypto market.

This bearish phase is also a excellent opportunity for new buyers to jump into this. User can buy more and store it in a hard wallet provided he/she should have good knowledge of Bitcoin.  Need to understand the protocol, understand the risks inherent in attempting to create an alternative to the fiat debt slavery cartel and despite the risks, still want to be part of the attempt.

The Cardano ecosystem is on the verge to undergo yet another fork called the ‘Vasil Fork’ which is supposed to be a ‘major’ one. The founder, Charles Hokinson recently came up with what can one expect from the hard fork. He announced the fork to undergo in June which is expected to bring a ‘massive performance improvement on Cardano’

Bitcoin price appears to have been trending within a specified range for the past couple of days.

Each time it slipped below $40,000, the price quickly flipped manifesting the bullish momentum that still existed within the rally. And hence the price is now assumed to maintain a significant uptrend after breaking through the current consolidation.

https://coinpedia.org/bitcoin/this-may-be-the-bottom-for-bitcoin-btc-price-this-cycle/

Terra(LUNA) & Solana(SOL) May Hit $120 Very Soon! Will This be a False Breakout or a Resurgence of Bull Run?

Terra’s price in the recent time manifested extreme strength to hit the ATH just before the plunge occurred. Despite the current descending trend, the LUNA price seems to be self-assured to range high. And hence nullifying the current bearish trend, the asset is expected to rebound firmly to resume the uptrend to achieve its target of around $120.




https://coinpedia.org/price-analysis/top-reasons-why-bitcoin-btc-price-could-still-hit-50000-in-april/

On April 5th, the cryptocurrency market showed a sign of recovery after Bitcoin and Ethereum gained $46,000 and $3,500 levels respectively. But the crypto market couldn’t keep up the pace as today the global cryptocurrency market has dropped by 3.22% in the last 24hrs positioning it at $2.10 trillion.
https://coinpedia.org/ethereum/ethereum-to-enter-buy-zone/

Ethereum (ETH) Price Might Crash Heavily If This Happens! Here’s The Potential Low Level





[/size]The crypto market is one that brings out joy and fear due to its volatility. Along with Bitcoin, Ethereum too had declined. The second-largest crypto had seen a downfall below the $3,440 level. However, it looks like a double bottom pattern had formed near $3,400 and ETH Price saw a recovery phase.
https://coinpedia.org/ethereum/ethereum-eth-price-might-crash-heavily-if-this-happens/