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Bitcoin Decline Ahead? Bearish Crossover Forms In This Metric

[Feb 24, 2023 10:30 AM] The Bitcoin taker buy/sell ratio is currently forming a crossover that has led to the price of the asset observing a decline in the past. Bitcoin Taker Buy Sell Ratio Moving Averages Are Crossing Over As pointed out by an analyst in a CryptoQuant…

Is Bitcoin Price Building Another Parabolic Rally?

[Feb 23, 2023 7:30 PM] Bitcoin price is pushing hard to maintain above $24,000, after a sustained rally to pre-FTX fallout levels.  Along the way, each bounce in price action has begun to take on a parabolic shape, which could keep the top cryptocurrencies climbing much…

Bitcoin Bearish Signal: Exchange Whale Ratio Surges

[Feb 23, 2023 2:00 PM] On-chain data shows the Bitcoin exchange whale ratio has been surging recently, a sign that may be bearish for the cryptocurrency’s price. Bitcoin Exchange Whale Ratio (72-Hour MA) Has Observed A Rise Recently As an analyst in a CryptoQuant…

Bitcoin Dips Below $24,000 Again As DXY Hits 7-Week High

[Feb 23, 2023 7:03 AM] The Bitcoin price has fallen back below the $24,000 level, while the US Dollar Index (DXY) has reached a seven-high. After BTC managed to defend the key support of $23,867 in the 1-day chart yesterday, the bulls now need to prove their strength…

In The Bear Bitcoin Run Of 2022, Smart Money Were Not “Smart”

[Feb 23, 2023 2:41 AM] In the crypto winter of 2022, Bitcoin whales were, after all, not as smart as expected, on-chain data on February 23 shows. Bitcoin Whales Were Not Smart In 2022 According to data from LookIntoBitcoin, whales didn’t enter bitcoin timely in 2022…

Bitcoin Price Reaches Inflection Zone and 100 SMA Is The Key

[Feb 22, 2023 9:15 PM] Bitcoin price tested the $23,600 zone and started a decent increase. BTC must clear the $24,500 resistance and the 100 hourly SMA to move into a positive zone. Bitcoin is slowly moving higher above the $24,000 resistance zone. The price is trading…

Bears Beware: Bitcoin “Trend” Strengthens To Pre-ATH Levels

[Feb 22, 2023 6:08 PM] Bitcoin price is at local resistance, brushing up against the death cross of the 50 and 200-day moving average, and is exhibiting other potentially bearish signals.  However, bears should beware that while price has yet to do anything dramatic, the…