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Why Is Bitcoin Price Up Today? BTC Climbs Above $27,000

[Sep 18, 2023 8:45 AM] The Bitcoin price is sustaining its bullish momentum from the previous day. Today, it surpassed the $27,000 threshold, a level not seen since August 31. Notably, BTC recorded its first green weekly closing candle in five weeks yesterday. As of…

Glassnode Co-Founders Weigh In On Bitcoin (BTC) Path To $30,000

[Sep 16, 2023 8:20 AM] Bitcoin has had an eventful week, gaining by over 5% to trade above the $26,000 price. Even following the release of the US Consumer Price Index, which showed an inflation rise of 0.6%, the premier cryptocurrency remained resilient with little to…

Bitcoin Profit-Taking At 2-Month High, Pullback Incoming?

[Sep 15, 2023 9:00 AM] On-chain data shows the Bitcoin profit-taking has risen to a two-month high, which could provide resistance to the BTC surge. Bitcoin Profit-Taking Volume Has Shot Up With The Price Rise According to data from the on-chain analytics firm Santiment…

Is Bitcoin Forming A Double Bottom? Here’s What Needs To Happen

[Sep 15, 2023 1:55 AM] In recent days, Bitcoin has shown signs of a potential reversal, with the cryptocurrency charting three consecutive green daily candles. The last time such a pattern was observed was early July and between mid and late June, when Bitcoin rallied…

Bitcoin Bulls Keep Pushing And Its Good Signs of A Fresh Rally

[Sep 14, 2023 9:17 PM] Bitcoin price is holding gains above the $26,200 zone. BTC seems to be forming a base for a fresh increase above $26,850 in the coming sessions. Bitcoin is eyeing a key upside break above the $26,850 level. The price is trading above $26,100 and…

Bitcoin Surges To $26,700, But Will This Rise Last?

[Sep 14, 2023 2:00 PM] Bitcoin has observed a surge towards the $26,700 level in the past day. Here’s what on-chain data says regarding whether this rise would stay. Bitcoin Has Broken The $26,700 Level During The Past Day After a long run of stagnation around and…

Franklin Templeton Seeks to Offer Spot Bitcoin ETF in US

[Sep 14, 2023 12:00 AM] Asset manager Franklin Templeton has joined the race to issue America’s first exchange-traded fund (ETF) that invests directly in bitcoin. The company applied with the U.S. Securities and Exchange Commission (SEC), following in the footsteps of…

Bitcoin Net Taker Volume Turns Highly Positive, Bullish Sign?

[Sep 13, 2023 2:00 PM] Data shows the Bitcoin Net Taker Volume has turned significantly positive recently, a sign that may be bullish for the asset. Bitcoin Net Taker Volume Has Risen To Positive Values Recently In a new post on X, the CryptoQuant Netherlands Community…