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These Are The Bitcoin Predictions For 2023 By Arcane Research

[Dec 30, 2022 6:00 AM] Historically, 2022 could end up being the second-worst year for Bitcoin since 2011. At the current price, BTC has a year-to-date (YTD) performance of -65%, topped only by 2018 when the price lost -73% in one year. As Arcane Research notes in its…

Bitcoin Price Grinds Lower, More Losses Seem Imminent

[Dec 28, 2022 11:29 PM] Bitcoin price is slowly moving lower from the $17,000 resistance. BTC could continue to move down towards the $16,000 support zone. Bitcoin started a fresh decline after it failed to clear the $17,000 and $17,200 resistance levels. The price is…

Why The Bitcoin Price Could Kick Off 2023 On The Wrong Foot

[Dec 28, 2022 7:00 PM] The Bitcoin price has finally shown signs of life, albeit to the downside, a direction that might dominate the charts in 2023. During the holidays, the cryptocurrency was stuck on a single level, but the end of 2022 might see  As of this writing…

Bitcoin Could See Another Bull Rally If This Happens

[Dec 28, 2022 5:00 PM] Bitcoin is still strangling at the $16,000 price level with no significant movement up or down. This is normal given the historically low rates of volatility that are being recorded in the market. However, there may be some good rallies in the near…

Bitcoin Price Stuck In Crucial Range, 2023 Breakout Looms

[Dec 27, 2022 9:52 PM] Bitcoin price is still trading in a range below the $17,000 resistance. BTC could witness a major breakout as we approach the New Year 2023. Bitcoin failed to clear the $17,000 and $17,200 resistance levels. The price is trading below $16,800 and…

Analyst Explains Why Ethereum Is Bullish Against Bitcoin

[Dec 27, 2022 1:00 PM] An analyst has explained that the absence of miners on the Ethereum network could be bullish for the ETHBTC ratio. Miners Provide A Persistent Selling Pressure On Bitcoin As explained in a tweet by Tom Dunleavy, a Messari research analyst, BTC…

Bitcoin Miner Selling Power Plunges, Green Signal For Price?

[Dec 27, 2022 8:30 AM] On-chain data shows the Bitcoin miner selling power has plunged recently, a sign that could be positive for the crypto’s price. Bitcoin Miner Selling Power Has Plummeted In Recent Days As pointed out by an analyst in a CryptoQuant post, there…