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Bitcoin, Ethereum Technical Analysis: ETH Drops Under $1,600, BTC Consolidates Below $27,000
[Sep 22, 2023 6:37 AM] Ethereum continued to slip lower on Friday, as the cryptocurrency fell below the $1,600 level in today’s session. Crypto markets have mostly consolidated since the Federal Reserve opted to keep rates unchanged earlier this week, with the…
Bitcoin And Crypto Face Turbulence As 10-Year US Treasury Yield Hits 15-Year High
[Sep 22, 2023 5:30 AM] In an environment of soaring interest rates and economic unpredictability, Bitcoin and the broader crypto market face increased headwinds. The shift in the financial landscape was recently underscored by the Benchmark 10-year US Treasury yield…
Investment Firm Founder Has An Important Message For Bitcoin Holders
[Sep 22, 2023 3:30 AM] SkyBridge Capital founder Anthony Scaramucci recently shared positive views on the flagship cryptocurrency, Bitcoin, which could provide some comfort to BTC holders as the bear market lingers. Scaramucci Says HODL Bitcoin According to a report by…
Nic Carter doubles down on theory Bitcoin was invented by NSA
[Sep 21, 2023 11:18 PM] The decade-old “NSA created Bitcoin” theory has again made the rounds on social media, with one Bitcoin advocate adding more weight to his ongoing theory.
Bitcoin Price Hints At Potential Correction, Buy The Dip?
[Sep 21, 2023 9:13 PM] Bitcoin price is again moving lower from the $27,500 resistance. BTC could extend its decline and revisit the $25,400 support zone. Bitcoin started a downside correction after it failed to clear the $27,500 resistance. The price is trading below…
Is The Bitcoin Dream Fading? Glassnode Data Reveals Newbies Facing Steep Losses
[Sep 21, 2023 4:00 PM] Since its inception, Bitcoin, the preeminent cryptocurrency, has witnessed several market cycles, each with its highs and lows. Its volatile nature has recently tested investors’ mettle, especially those who ventured into Bitcoin in the past…
“Paper BTC” Is Counteracting A Bullish Bitcoin Supply Shock, Analyst Explains
Bloomberg Analyst Lauds Bitcoin Energy Shift Amid Rising Hashrate
[Sep 21, 2023 1:00 PM] The Bitcoin mining industry has risen steadily in the past few years thanks to the widespread adoption and increasing interest in the Bitcoin blockchain. This growth has led to a vast increase in Bitcoin’s hash rate, causing concerns…
Why Touching This Bitcoin Level Could Hold The Key For A Rally
[Sep 21, 2023 12:00 PM] The price of Bitcoin was rejected as it approached critical resistance north of $27,000, and selling pressure continues over today’s trading session. If buyers can’t defend current levels, BTC’s price will likely re-test critical support, but this
Binance & Deribit Traders Aggressively Short Bitcoin, Squeeze Incoming?
[Sep 21, 2023 10:00 AM] Data shows Bitcoin shorts have been piling up on cryptocurrency exchanges Binance and Deribit during the past few days. Bitcoin Funding Rates On Binance & Deribit Are Deep Red Right Now According to data from the analytics firm Santiment…
Bitcoin, Ethereum Technical Analysis: ETH Hits 1-Week Low, BTC Extends Declines on USD Strength
[Sep 21, 2023 6:30 AM] Bitcoin fell below the $27,000 level on Thursday, as markets reacted to the latest Federal Reserve interest rate decision. As expected, the Fed opted to keep rates unchanged at 5.5%, whilst hinting at one additional raise in the current cycle. The…
Crypto Analyst Predicts More Trouble Ahead For Bitcoin Price, Here’s Why
[Sep 21, 2023 2:45 AM] Crypto analyst Nicholas Merten has given an insight into the future trajectory of the Bitcoin price, suggesting that the flagship cryptocurrency may experience turbulent times ahead. The Calm Before The Storm For Bitcoin In a recent episode of his…
Bitcoin Price Topside Bias Vulnerable If It Continues To Struggle Below $27.5K
[Sep 20, 2023 8:40 PM] Bitcoin price is struggling to clear the $27,500 resistance. BTC is slowly moving lower and might revisit the $26,200 support zone in the coming sessions. Bitcoin is still struggling to clear the $27,500 resistance. The price is trading above…
Is Bitcoin Bull Run Coming Soon? What Network Fundamentals Say
[Sep 20, 2023 2:00 PM] Here’s what the Bitcoin network fundamentals have to say regarding whether the cryptocurrency could see a bull run soon or not. Monthly Average Bitcoin New Addresses Have Shot Up Recently In a new post on X, analyst Ali discussed the…
Bitcoin Bulls Could Buck Downtrend With Move To $42,000
[Sep 20, 2023 10:06 AM] Bitcoin price is back above $27,000 per coin after holding firm at $25,000 for a second time. If price fails to move below support and makes another run for resistance, bulls might finally buck the downtrend with a powerful, measured move to…
Bitcoin May Not See Lasting Bullish Momentum Until This Happens
[Sep 20, 2023 10:00 AM] Bitcoin might not be able to observe any extended runs of bullish momentum until this on-chain indicator reverses its trend. Stablecoin Whale Supply Has Dropped To Lowest In Six Months During the past few days, Bitcoin has registered some rise and…
Bearish Signal? Bitcoin Whale Wakes Up From 6-Year Slumber And Transfers $56 Million
[Sep 20, 2023 9:00 AM] Movement of dormant Bitcoin addresses has been sporadic this year, with most causing a stir and rising interest amongst the Bitcoin community. In the latest record of whale transactions this year, on-chain data has shown that a set of dormant…
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Recent Gains Ahead of FOMC Decision
[Sep 20, 2023 6:30 AM] Bitcoin retreated from recent highs on Wednesday, ahead of the upcoming U.S. Federal Open Market Committee (FOMC) interest rate announcement. The Fed is expected to keep rates unchanged, despite inflation rising by more than expected in August…
Bitcoiners are stacking 'em up: Inactive BTC supply hits all-time highs
[Sep 20, 2023 3:54 AM] Inactive Bitcoin addresses have hit all-time highs across 1, 3 and 5 year time domains while BTC outflows from exchanges continue.
Decoding The Fed: The Future Of Bitcoin And Crypto Post-Tightening
Bitcoin Price Close Above $27,500 Could Spark Larger Degree Rally
[Sep 19, 2023 8:38 PM] Bitcoin price is eyeing a key upside break above the $27,500 resistance. BTC could rally further toward $28,200 if there is a close above $27,500. Bitcoin is showing positive signs and facing hurdles near $27,500. The price is trading above $26,850…
How Bitcoin miners can survive a hostile market — and the 2024 halving
[Sep 19, 2023 4:58 PM] Bitcoin mining is becoming harder — which means miners will have to spend more to receive fewer rewards. But there are still ways to be profitable.
Bitcoin Sees Sudden Boost Amid Mt. Gox Rumors, But QCP Capital Targets $22,000
[Sep 19, 2023 3:00 PM] The cryptocurrency market, notably dominated by Bitcoin, has always been a terrain of speculation and market sentiment. Rumors and speculations have surfaced with Bitcoin’s recent slight uptick in value. Market insiders point towards the…
Bitcoin Hangs on Just Above $27K Ahead of Fed Rate Decision
[Sep 19, 2023 2:34 PM] The Fed on Wednesday is widely expected to hold rates steady, but investors will monitor new economic projections and Chairman Powell's press conference for clues about the direction of future policy.
Here’s Where Next Bitcoin Resistance Lies, From An On-Chain Perspective
[Sep 19, 2023 12:00 PM] Here’s where the next major resistance to clear Bitcoin could lie from the perspective of on-chain analysis. Bitcoin Resistances According To On-Chain Data Bitcoin has recently observed a surge beyond the $27,000 mark, and many have been…
Bitcoin Rally Driven By Coinbase Users? Premium Would Say So
[Sep 19, 2023 9:00 AM] The Bitcoin Coinbase Premium Gap has been positive during the past few days, implying the surge above $27,000 may be driven by the platform’s users. Coinbase Users Have Been Participating In Aggressive Bitcoin Buying Recently In a new post on…
Bitcoin, Ethereum Technical Analysis: BTC Remains Above $27,000, Following Moving Average ‘Death Cross’
[Sep 19, 2023 6:30 AM] Bitcoin continued to trade above the $27,000 level on Tuesday, after a crossover of moving averages triggered a return of bullish sentiment. The move pushed price to a multi-week high, with the global market cap trending over 1% higher. Ethereum…
Is The Bitcoin Price Rally Sustainable? On-Chain Data Provides Crucial Insights
[Sep 19, 2023 1:50 AM] Bitcoin has been trending up since hitting a local low below $25,000 on September 11th. Yesterday’s rally to $27,435 marked a 10% increase from the recent low. As NewsBTC reported, the rally was largely led by the futures market and a massive…
Bitcoin Price Sees Technical Correction, Here’s What Could Propel It Back To $28K
[Sep 18, 2023 9:13 PM] Bitcoin price climbed higher and tested the $27,500 resistance. BTC is correcting gains, but it could start another increase unless there is a move below $26,500. Bitcoin is holding gains above the $26,500 support level. The price is trading above…