91 / 97 Relevant items tagged with #BTCUSD

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U.S. Institutions Are Driving Bitcoin Prices, Matrixport Research

[Jan 27, 2023 5:00 PM] Bitcoin prices have been on the rise in the last couple of weeks and the digital asset has been able to return to its November 2022 levels. This has been a much-needed boost for the market during this time, but an unexpected investor group is…

Bitcoin Supply In Loss Hits A 9-Month Low

[Jan 27, 2023 3:50 AM] According to on-chain data from CryptoQuant, a blockchain analytics platform, the Bitcoin supply in loss with the seven-day moving average stands at 32%, a nine-month low. This is the lowest level since April 2022, when the Bitcoin price was…

CryptoQuant’s Bitcoin PnL Index Forms Bullish Crossover

[Jan 26, 2023 7:18 AM] CryptoQuant’s Bitcoin on-chain PnL index has surged above its 365-day MA recently, a crossover that has historically signaled early bull markets. Bitcoin On-Chain PnL Index Has Formed A Bullish Crossover As per data from the on-chain…

Bitcoin Weekly RSI Reaches Line Between Bear & Bull Market

[Jan 23, 2023 4:23 PM] Bitcoin price continues to push higher, leaving very few pullback opportunities thus far for those that failed to buy below $20,000. Price action on BTCUSD the weekly timeframe, according to the Relative Strength Index, has reached a critical line…

Crypto Analyst Says Bitcoin Price Could See Another 30% Rally

[Jan 23, 2023 11:00 AM] Bitcoin price has already had a good week. The digital asset already rallied to two-month highs above $23,000 and is still maintaining a good portion of its bullish momentum. Despite this already impressive growth over the last few weeks, a crypto…

Bitcoin Bullish Signal: Whales Go On $1.4B Buying Spree

[Jan 23, 2023 7:10 AM] On-chain data shows Bitcoin whales have accumulated $1.4 billion in the asset during the last two weeks, a sign that could be bullish for the coin. Bitcoin Whales Added 70,000 BTC To Their Holdings In Two Weeks As pointed out by an analyst on…

This Metric Suggests Bitcoin Could Be In Danger Of Another Selloff

[Jan 20, 2023 1:00 PM] A Bitcoin on-chain indicator is currently forming a pattern that has previously led to significant selloffs of the cryptocurrency. Bitcoin 100-Day SMA Supply Adjusted Dormancy Has Rapidly Gone Up As pointed out by an analyst in a CryptoQuant post…

Bullish Indicator: Bitcoin Shakes Off Genesis Bankruptcy Filing

[Jan 20, 2023 11:00 AM] Bitcoin has not moved as expected despite the news of Genesis, one of the largest crypto lenders in the world, filing for bankruptcy. This lack of negative movement from bitcoin in response to the news could cement the digital asset’s path to the…

Bitcoin Price Bulls In Check, Signs of Fresh Increase above $21.5K

[Jan 19, 2023 10:03 PM] Bitcoin price is attempting a fresh increase above the $21,200 resistance zone. BTC could gain bullish momentum if there is a clear move above the $21,500 resistance. Bitcoin corrected lower, but it found support near the $20,500 zones. The price…

Bitcoin Drops To $20,700 As Miner Outflows Surge

[Jan 19, 2023 7:02 AM] On-chain data shows the Bitcoin miner outflows have surged, suggesting that selling from this cohort may be behind the crypto’s decline to $20,700. Bitcoin Miner Outflows Have Registered Multiple Spikes Recently As pointed out by an analyst…

Bitcoin On Exchanges Drop By 44%, Could This Fuel More BTC Rally?

[Jan 18, 2023 11:00 AM] The amount of bitcoin (BTC) being held on exchanges has been on a steady decline since the bear market began in 2022, but the rate at which investors were pulling their cryptocurrencies off exchanges has accelerated in the last couple of months…