Bitcoin, Binance Coin, Axie Infinity, and Flow Daily Price Analyses – 7 May Roundup

The performance of the global crypto market has taken another weird turn as it hasn't been able to stay stable at a specific point. The changes in its value have been disconcerting for the investors because of the continuing bearishness as seen in case of Bitcoin and Binance Coin.

Timeline of Axie-infinity, Bnb, Bitcoin

As the cryptocurrency market heads towards a bearish close, one of the popular crypto analysts, Nicholas Merten predicts Bitcoin's drop. In his new video, Nicholas Merten talks to his 516,000 Youtube subscribers about Bitcoin during his weekly wrap and this comes after the Federal Reserve increased interest rates and the crypto market started declining. He …

A popular crypto strategist and trader thinks that Bitcoin (BTC) and the altcoin markets are poised for a massive correction. The pseudonymous crypto analyst Capo tells his 266,300 Twitter followers that Bitcoin's “main target” is between $21,000-$23,000. Bitcoin is trading at $36,117.66 at time of writing, down more than 6.5% in the past week. Capo The post Top Trader Capo Issues Warning About Bitcoin (BTC) and Altcoins As Crypto Markets Suffer Downtick in Price appeared first on The Daily Hodl.

Crypto billionaire Brock Pierce says that Bitcoin (BTC) will either fail spectacularly or become massively successful. In a Fox Business interview, Pierce, who is the chairman of the Bitcoin Foundation, says that investors should refrain from going all-in on the leading crypto asset. “[Bitcoin] could go to zero. It's a binary outcome. It's either going The post Crypto Billionaire Brock Pierce Says Bitcoin (BTC) Will Either Crash to Zero or Explode to $1,000,000 appeared first on The Daily Hodl.

After making bitcoin its legal tender, Central African Republic is now under scrutiny by the International Monetary Fund. The post Central African Republic Under Scrutiny By IMF After Making Bitcoin Its Legal Tender appeared first on BeInCrypto.

For a number of years, the trading app Robinhood only supported a small number of cryptocurrencies. In the past month, it has increased this number to 11, and it is currently offering two equity assets related to the price of…

The last month has been a relatively difficult time for Bitcoin (BTC) given its poor performance with each passing week. The king coin has been witnessing a weak price action and doesn't indicate any chances of recovery anytime soon.

Crypto analyst Michaël van de Poppe is laying out the next possible steps for Bitcoin (BTC) after it tumbled in price on Thursday. In a new strategy session, Van de Poppe tells his 165,000 YouTube subscribers that Bitcoin “slammed through a few support levels” on Thursday after the equities indices registered sharp moves down. “Given The post Is Bitcoin Hurtling Towards $30,000? Top Crypto Trader Outlines Possible Scenarios for BTC After Price Dip appeared first on The Daily Hodl.

 With the crypto industry yet to show signs of moving back to normalcy. Folks from the industry have been rolling up their sleeves to bag some of the blue-chip coins. Wherefore the quest to decode the plausible price projections has been growing louder. This writeup will derive the feasible price analysis of BTC, ETH, and …

Bitcoin (BTC/USD) extended its recent run of downward price pressure early in the Asian session as the pair weakened to its lowest print since late February.  BTC/USD bears knocked the pair as low as the 35255.40 area, a level that represented a test of the 23.6% retracement of the depreciating range from 44000 to 32648.97.

Bitcoin price analysis is bullish today as we expect the current consolidation to end with a retracement. Likely BTC/USD will look to retest previous support as resistance at the $37,500 mark.