The phrase
"bearish pressure" refers to a situation where there is a downward force or expectation in a particular market or investment. It suggests that the prices are expected to fall, and investors may be selling their assets causing a negative trend.
Full definition
This could bring slight
bearish pressure on the price as investors look towards stock markets for profits.
This could be a sign of
weak bearish pressure, so at the very least, you hold off for further information.
Bitcoin price has formed a classic reversal pattern on its 4 - hour time frame
as bearish pressure could kick back in.
However, the gap between the moving averages is narrowing to reflect
slowing bearish pressure and a potential upside crossover.
If bitcoin price fails to hold the USD 8,000 support, there could be further increase
in bearish pressure on BTC and altcoins.
From a technical perspective, BCH is facing
strong bearish pressure, having declined below a key support area near $ 380.
The world's largest crypto asset was engulfed in
bearish pressure over the weekend after the 50 - day moving average crept below the 200 - day MA.
On Monday,
bearish pressure took Bitcoin price to as low as $ 6948, only to bring bulls back in the game.
However, stochastic is nearing overbought levels to indicate rally exhaustion and a return in
bearish pressure soon.
Reports of unauthorized sells on cryptocurrency exchange Binance and technical issues at cryptocurrency derivatives exchange BitMEX have also added to
bearish pressure around BTC.
Dash is still trading above the declining short - term trend despite
the bearish pressures in the segment, and the coin is now far off from yesterday's rally highs near $ 360.
«
Bearish pressure could be returning as stochastic has already reached the overbought region.
As you can also see below, the Swissy was more vulnerable to risk sentiment since the euro traded roughly sideways on Thursday but the safe - haven Swissy was feeling
some bearish pressure, very likely because of
As you can also see below, the Swissy was more vulnerable to risk sentiment since the euro traded roughly sideways on Thursday but the safe - haven Swissy was feeling
some bearish pressure, very likely because of the returning risk - on vibes at the time.
However, the oscillator is also nearing oversold conditions to indicate that
bearish pressure is weakening.
The gap between the moving averages is also getting wider to indicate that
the bearish pressure is increasing.
The coin has recovered to $ 10.370 since then, but
the bearish pressure remains strong and widespread across the cryptocurrency market.
Therefore, bitcoin price must hold the mentioned significant support at USD 8,400 to avoid any further increase in
the bearish pressure.
If so,
bearish pressure could return once bitcoin price tests the broken trend line just slightly above the 61.8 % Fibonacci retracement on the breakdown move.
«
Bearish pressure could be returning as stochastic has already reached the overbought region.
However, stochastic is heading down from the overbought region to signal the return in
bearish pressure.
Reports of unauthorized sells on cryptocurrency exchange Binance and technical issues at cryptocurrency derivatives exchange BitMEX, adding to
bearish pressure around BTC.
What's more, Cardano is also losing ground against Bitcoin, which means that
the bearish pressure is acuter here and it may take ADA all the way down to 2018 low around $ 0.14 handle.
Stochastic is also pointing down to signal that
bearish pressure is still present, which means that the correction is still in play.
Stochastic is turning lower to signal a return in
bearish pressure — possibly triggering another test of support at $ 4100.
On the downside, the short - term support zone at $ 203 appears like it could give in to
the bearish pressure in the market.
In the broader scheme of things, Bitcoin price below critical support level created by 61.8 % Fibonacci retracement, which increases
the bearish pressure on the price.
If Bitcoin doesn't get enough support from buyers and
this bearish pressure remains, it could potentially test next support levels at $ 2300 and then $ 1850 before August 1st.
If that happens,
bearish pressure could further dip Bitcoin price.
The combination of all those reasons led the market to
bearish pressure.
In fact, there was a slight increase in
the bearish pressure on ETH / USD and it declined towards USD 840.
Bitcoin saw an increase in
the bearish pressure, which pushed the price below a crucial support at USD 11,000.
XRP / USD seems to be under a lot of
bearish pressure and it could move towards the USD 1.1000 level.