[Apr 20, 2023 5:10 AM] On-chain data shows a large amount of Bitcoin supply dormant for more than 7 years ago has moved recently, a sign that may be bearish for the price. Bitcoin Supply Aged Between 7 And 10 Years Old Has Been Transferred Recently As pointed out by an…
[Apr 19, 2023 8:27 PM] Bitcoin price failed to clear $30,250 and declined sharply. BTC traded below $29,000 and might extend its decline toward $28,000. Bitcoin started another decline below the $29,500 support zone. The price is trading below $29,200 and the 100 hourly…
[Apr 19, 2023 5:00 PM] On-chain data shows the Bitcoin shrimp supply has continued to rise recently, which can be positive for the BTC ecosystem. Bitcoin Shrimps Now Hold 6.7% Of The Entire Circulating Supply According to data from the on-chain analytics firm Glassnode…
[Apr 19, 2023 12:00 PM] On-chain data shows the Bitcoin Korea Premium Index has been displaying signs of selling pressure, something that could result in a pullback. Bitcoin Korea Premium Index Has Turned Red In Recent Days As pointed out by an analyst in a CryptoQuant…
[Apr 18, 2023 8:22 PM] Bitcoin price found support near $29,200 and recovered losses. BTC must clear the $30,500 resistance to continue higher in the near term. Bitcoin started a fresh increase from the $29,200 support zone. The price is trading above $30,000 and the 100…
[Apr 18, 2023 2:00 PM] 8 of 8 Glassnode indicators tracking the recovery progress from the Bitcoin bear market are now displaying green signals. Bitcoin On-Chain Indicators May Suggest The Bear Market Is Behind Us The on-chain analytics firm Glassnode released a…
[Apr 18, 2023 8:00 AM] On-chain data shows the Bitcoin exchange whale ratio has observed a sharp spike recently, a sign that could be bearish for the asset’s price. Bitcoin Exchange Whale Ratio Has Been Elevated Recently As pointed out by an analyst in a…
[Apr 17, 2023 8:23 PM] Bitcoin price extended its decline below the $30,000 zone. BTC might slide further and test the $29,000 support in the near term. Bitcoin started a downside correction below the $30,000 level. The price is trading below $30,000 and the 100 hourly…
[Apr 17, 2023 2:43 PM] Bitcoin price took a hard stab at $30,000 and although the knife stuck for some time, price is now retracing. The rally, according to the Relative Strength Index, was lacking enough strength to pierce through the armor-like resistance level. Here…
[Apr 17, 2023 10:30 AM] Is Bitcoin truly done with the bear market bottom or is there more to come still? Here’s what the “RHODL ratio” has to say about it. Bitcoin RHODL Ratio Has Been Declining In Recent Days As pointed out by an analyst on Twitter…
[Apr 17, 2023 6:30 AM] On-chain data shows the Bitcoin network has been observing a rising amount of transactions recently, something that may be bullish for the price. Bitcoin 30-Day SMA Transaction Count Is Near Cycle Highs Currently According to data from the on-chain…
[Apr 16, 2023 9:09 PM] Bitcoin price started a downside correction from the $31,000 zone. BTC might decline toward $29,000 before the bulls appear again. Bitcoin started a downside correction below the $30,500 pivot level. The price is trading below $30,500 and the 100…
[Apr 15, 2023 7:58 AM] On-chain data shows the recent rise in the price of Bitcoin above the $30,000 mark may be fueled by stablecoins being shifted into the asset. Stablecoins Have Continued To Flow Into Bitcoin In Recent Days As pointed out by an analyst on Twitter…
[Apr 13, 2023 9:23 PM] Bitcoin price is moving higher above the $30,250 zone. BTC is struggling to gain bullish momentum like Ethereum but it could rally further above $31,000. Bitcoin started another increase above the $30,250 resistance. The price is trading above…
[Apr 12, 2023 9:18 PM] Bitcoin price is consolidating gains near the $30,000 zone. BTC could start another increase if it clears the $30,250 resistance zone. Bitcoin corrected lower and tested the $29,650 support zone. The price is trading above $29,650 and the 100…
[Apr 12, 2023 7:30 AM] On-chain data shows the Bitcoin leverage ratio has shot up with the rise above the $30,000 mark, something that may cause more volatility for the coin. Bitcoin Estimated Leverage Ratio Has Sharply Surged Recently As pointed out by an analyst in a…
[Apr 12, 2023 5:30 AM] After seeing an explosive start to the week and breaking above $30,000 for the first time in over nine months, Bitcoin has begun to cool out price-wise. However, this cooldown that has dragged its price below $30,000 once more could only end up…
[Apr 11, 2023 8:23 PM] Bitcoin price is consolidating gains above the $30,000 zone. BTC is showing a few signs of a downside correction below the $30,000 level. Bitcoin attempted a fresh increase and spiked above the $30,450 resistance zone. The price is trading above…
[Apr 11, 2023 6:12 PM] Bitcoin price has punctured into resistance at $30,000 and bulls are celebrating the demise of the bear market. But are they celebrating too early? Or is the first ever cryptocurrency going to fist pump higher? Find out how Elliott Wave Principle…
[Apr 11, 2023 11:00 AM] Data shows that Bitcoin investors are showing a high amount of hype around the break above $30,000, something that may end up backfiring. Bitcoin Investors Are Showing High Levels Of Euphoria Currently According to data from the on-chain analytics…
[Apr 10, 2023 8:22 PM] Bitcoin price rallied above the $28,800 resistance. BTC is up over 6% and it could rise further above the $30,500 resistance zone. Bitcoin climbed higher and was able to clear the $30,000 resistance zone. The price is trading above $30,000 and the…
[Apr 10, 2023 6:53 PM] Bitcoin price is once again pushing higher and breaking boundaries, this time above the key psychological level of $30K per coin. It marks the first time BTCUSD trading above the level since June 2022. Is this more confirmation of a bullish trend…
[Apr 10, 2023 12:42 PM] Bitcoin price is current trading at just below $30,000 after spending weeks building up pressure in a tight trading range. The lack of volatility has resulted in a technical signal that says explosive volatility is ahead, and has just begun. Even…
[Apr 10, 2023 10:00 AM] A quant has pointed out parallels between the current and the 2017 Bitcoin cycles, something that may contain hints about what’s next for the asset. The Current Bitcoin Cycle Has Shown Interesting Parallels With The 2017 Cycle As explained by…
[Apr 10, 2023 5:00 AM] On-chain data shows the Bitcoin circulation rate has continued to be low recently, something that may be bad news for the current BTC rally. Bitcoin Circulation Has Remained Low Despite Recent Price Surge According to data from the on-chain…
[Apr 9, 2023 9:22 PM] Bitcoin price started a fresh increase above the $28,000 resistance. BTC must clear $28,500 and $28,800 resistance levels to continue higher. Bitcoin climbed higher and was able to test the $28,550 resistance zone. The price is trading above…
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