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 Bitcoin 4 dip may panic short term holders as price falls below average cost

Bitcoin 4 dip may panic short term holders as price falls below average cost


Published: 2024-05-02


1) Bitcoin price dip: The article discusses the recent dip in Bitcoin's price and how it may be causing panic among short-term holders. It analyzes the factors contributing to the dip,such as market sentiment,regulatory concerns,and external events. The article also provides insights into the potential implications of this price movement on the broader cryptocurrency market. 2) Analysts' perspectives: The article features insights from analysts who share their views on the current price dip of Bitcoin. They offer various perspectives on the reasons behind the dip,the potential market reactions,and the overall sentiment of investors. These analysts provide valuable interpretations of the market trends and offer suggestions on how holders can navigate through the volatility. 3) Impact on short-term holders: One of the main focuses of the article is the impact of the price dip on short-term holders of Bitcoin. It discusses how these holders may be reacting to the sudden price movement,including experiencing panic or making quick decisions based on emotions. The article delves into the potential outcomes for short-term holders and highlights the importance of maintaining a long-term perspective in a volatile market.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 BTC title=BTC 65,933.01 1,921,278,332.26
2 ARS title=ARS 1,092.10 1,359,601,184.30
3 ETH title=ETH 2,951.75 782,781,037.59
4 SOL title=SOL 164.26 635,713,816.26
5 PEPE title=PEPE <0.01 352,314,469.36
6 BOME title=BOME 0.01 198,909,802.03
7 DOGE title=DOGE 0.15 163,665,786.22
8 WIF title=WIF 2.82 161,730,312.05
9 PEOPLE title=PEOPLE 0.05 161,542,625.39
10 XRP title=XRP 0.52 158,827,461.77
11 RUNE title=RUNE 6.64 154,167,637.43
12 LINK title=LINK 15.97 150,519,373.74
13 FTM title=FTM 0.81 124,751,474.54
14 FLOKI title=FLOKI <0.01 124,529,995.63
15 NEAR title=NEAR 8.26 122,320,533.13
16 ENA title=ENA 0.69 92,290,808.09
17 RNDR title=RNDR 10.05 91,025,372.79
18 BONK title=BONK <0.01 79,978,287.73
19 JTO title=JTO 4.61 76,391,543.47
20 SUI title=SUI 1.04 68,600,277.79
21 WLD title=WLD 4.90 65,562,612.88
22 AEVO title=AEVO 0.79 62,612,054.41
23 SEI title=SEI 0.56 50,802,041.04
24 AVAX title=AVAX 35.34 48,197,720.70
25 AR title=AR 47.71 45,408,703.11
26 ORDI title=ORDI 36.86 41,330,991.30
27 ADA title=ADA 0.47 41,261,809.19
28 STX title=STX 1.98 41,212,754.88

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Loom Network (NEW) title=LOOM 0.10 +18.71
2 Chainlink title=LINK 15.97 +14.38
3 Arweave title=AR 47.71 +9.85
4 Vanar Chain title=VANRY 0.20 +8.70
5 Metal DAO title=MTL 1.96 +6.87
6 Biconomy title=BICO 0.50 +6.72
7 Hedera title=HBAR 0.12 +6.24
8 Chromia title=CHR 0.35 +4.83
9 Immutable title=IMX 2.46 +4.75
10 Lisk title=LSK 2.01 +4.46
11 Manchester City Fan Token title=CITY 3.34 +4.34
12 API3 title=API3 2.50 +4.30
13 ConstitutionDAO title=PEOPLE 0.05 +4.11
14 Sui title=SUI 1.04 +3.85
15 Vulcan Forged title=PYR 4.43 +3.63
16 Lazio Fan Token title=LAZIO 2.76 +3.49
17 Conflux title=CFX 0.22 +3.40
18 Celo title=CELO 0.84 +2.97
19 NEAR Protocol title=NEAR 8.26 +2.93
20 THORChain title=RUNE 6.64 +2.58
21 Quickswap [OLD] title=QUICK 0.06 +2.29
22 BinaryX [OLD] title=BNX 1.05 +2.24
23 Hifi Finance title=HIFI 0.80 +2.13
24 Lido DAO title=LDO 1.66 +2.09
25 Avalanche title=AVAX 35.34 +1.99
26 Enzyme title=MLN 21.63 +1.98
27 Qtum title=QTUM 3.68 +1.77
28 Solana title=SOL 164.26 +1.74
29 Alchemy Pay title=ACH 0.03 +1.70
30 Sei title=SEI 0.56 +1.64

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 BOOK OF MEME title=BOME 0.01 -9.01
2 Stacks title=STX 1.98 -8.41
3 Rocket Pool title=RPL 19.14 -8.07
4 Saga title=SAGA 2.13 -7.64
5 Ether.fi title=ETHFI 3.27 -7.61
6 Aevo title=AEVO 0.79 -7.54
7 BakerySwap title=BAKE 0.27 -7.35
8 Renzo title=REZ 0.10 -7.10
9 RSK Infrastructure Framework title=RIF 0.16 -6.90
10 CyberConnect title=CYBER 7.28 -6.56
11 Tensor title=TNSR 0.84 -6.44
12 Viction title=VIC 0.41 -6.30
13 VeThor title=VTHO <0.01 -6.21
14 NFPrompt title=NFP 0.45 -6.09
15 Pixels title=PIXEL 0.35 -5.89
16 W 0.54 -5.78
17 Render title=RNDR 10.05 -5.75
18 1000SATS (Ordinals) title=1000SATS <0.01 -5.71
19 FIO Protocol title=FIO 0.03 -5.64
20 Ethena title=ENA 0.69 -5.37
21 Pepe title=PEPE <0.01 -5.36
22 Smooth Love Potion title=SLP <0.01 -5.31
23 Bluzelle title=BLZ 0.36 -5.27
24 Pyth Network title=PYTH 0.42 -5.22
25 Bonk title=BONK <0.01 -5.16
26 dogwifhat title=WIF 2.82 -5.13
27 Portal title=PORTAL 0.76 -5.13
28 Manta Network title=MANTA 1.55 -5.09
29 DataBot title=DATA 0.05 -5.04
30 Memecoin title=MEME 0.03 -4.95

Bitcoin's Greed and Fear Index.

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74
Greed

Global CryptoCurrency News

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at news date
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3 Bitwise CIO says BTC ETFs are huge success and 13F filings make him incredibly bullish 2024-05-17
4 Big miners pose a growing existential threat to Bitcoin 2024-05-17
5 VC Roundup Web3 infrastructure tokenization of everything drawing investors 2024-05-17
6 Bitcoin moves toward range highs but derivatives traders watch from the sidelines 2024-05-17
7 039Crypto King039 Aiden Pleterski faces fraud money laundering charges 2024-05-17
8 Bybits Notcoin listing debacle China firms profits up 1100 after crypto buy Asia Express 2024-05-17
9 Memecoin launcher pumpfun claims ex employee behind 19M exploit 2024-05-17
10 DTCC Chainlink complete fund data tokenization pilot with US banks 2024-05-17
11 Altcoins a relatively huge risk as days of big returns are gone say analysts 2024-05-17
12 Reentrancy attacks in smart contracts explained 2024-05-16
13 Tether TON team up with mobile app for USDT to fiat transactions 2024-05-16
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15 Regulatory crackdown spawns anti SEC 039CultureCoin039 2024-05-16
16 Animoca Brands leads 7M funding round for Param Labs 2024-05-16
17 Bitcoin shrugs off US jobs data as BTC price gives up 66K support 2024-05-16
18 OpenAIs iPhone moment trumps Google AI lies porn and dating AI Eye 2024-05-16
19 Crypto VCs are back in action amid market rally 2024-05-16
20 Ex Alameda Research co CEO calls for fair sentencing of Ryan Salame 2024-05-16
21 M2 money supply 039holds the key039 for Bitcoin039s next move Market analyst 2024-05-16
22 Mastercard Standard Chartered test tokenized deposit transaction 2024-05-16
23 First US Presidential debate planned for June 27 Will crypto be on the agenda 2024-05-16
24 Mastercard launches next generation of blockchain payments startup program 2024-05-16
25 SEC custody rule made crypto regulation a political football Rep Nickel 2024-05-16
26 FTX repayments could create bullish overhang for crypto markets K33 Research 2024-05-16
27 Bitcoin crosses 66K as traders eye 2 key indicators for 70K target 2024-05-16
28 Vanguards new boss says Bitcoin ETF not on the table Report 2024-05-16
29 Blockchain ID project Humanity Protocol hits unicorn status with 30M raise 2024-05-16
30 Eclipse founder Neel Somani replaced as CEO amid sexual misconduct claims 2024-05-16
31 Worldcoin beefs up security by open sourcing biometric data system 2024-05-15
32 Does Trump care about crypto Bitcoin is latest battleground in US election 2024-05-15
33 Binance backed pSTAKE Finance launches Bitcoin liquid staking solution 2024-05-15
34 Small creditors put at risk by latest FTX bankruptcy development 2024-05-15
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38 UK cannabis millionaires legal deals on wheels via crypto 2024-05-15
39 Crypto trader turns 3K into 46M in one month as PEPE price soars 2024-05-15
40 Two brothers manipulated Ethereum protocols to steal 25M Justice Dept 2024-05-15
41 Filing suggests SEC is exploring grounds to deny spot Ether ETFs 2024-05-15
42 Crypto investment funds intake 130M while filings reveal new spot BTC ETF purchasers 2024-05-15
43 SEC tries again for Debt Box suit dismissal with option to refile 2024-05-15
44 Heres why US debt is out of control and Japanese debt isnt 2024-05-15
45 UK closes trust me bro crypto firm that gave horrible advice to clients 2024-05-15
46 Bitcoin will stay in 55K to 75K zone for now Novogratz 2024-05-15
47 Cypher core contributor admits to stealing 260K and gambling it away 2024-05-15
48 OpenAI co founder and chief scientist departs AI firm 2024-05-15
49 Layer 3 network Degen Chain hasnt produced a block in 53 hours 2024-05-15
50 Degens pumped GameStop memecoins because they039re bored Traders 2024-05-15

US news that has a significant impact on the market

at news day date time
1 CB Leading Index m/m Friday 17-05-2024 15:00
2 FOMC Member Waller Speaks Friday 17-05-2024 15:15
3 FOMC Member Daly Speaks Friday 17-05-2024 17:15
4 FOMC Member Kugler Speaks Saturday 18-05-2024 22:45

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