Sell Bitcoin For $45,000 In May And Go Away If History Is Guide
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Bitcoin Price Regains Strength But BTC Must Clear This Key Resistance
[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…
Glassnode: 8/8 Bitcoin On-Chain Indicators Confirm Recovery From Bear
[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…
Bitcoin Bearish Signal: Exchange Whale Ratio Spikes
[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…
Bitcoin, Ethereum Technical Analysis: ETH Back Above $2,100, as BTC Rebounds From 1-Week Low
[Apr 18, 2023 6:15 AM] Ethereum moved back above $2,100 on Tuesday, as markets reacted to the latest gross domestic product (GDP) report from China. Chinese GDP rose by 4.5% during the first quarter of the year, higher than the 4% expected. Bitcoin rebounded from earlier…
20% Rally Possible For Avalanche If It Surpasses This Key Resistance Level
[Apr 18, 2023 6:00 AM] Over the past few weeks, Avalanche has made an impressive recovery in its price. Last week alone, AVAX surged by 20%, and on the daily chart, it showed over 4% appreciation. Despite facing a significant decline last month when its price dropped to…
Bitcoin And Crypto Are Rising Today, Here’s Why
[Apr 18, 2023 5:10 AM] The Bitcoin price remains the all-determining trend setter for the crypto market. After the Bitcoin price fell to as low as $29,173 yesterday, dragging all altcoins down with it, the crypto market is back in the green across the board today. At…
TBD and Yellow Card to Enable Fiat On and Off-Ramp Payments in 16 African Countries via BTC
[Apr 18, 2023 12:30 AM] TBD and the Africa-focused cryptocurrency exchange platform Yellow Card recently partnered to launch a fiat on and off-ramp that enables payments in some 16 African countries through Bitcoin rails. The objective of this arrangement is to make…
Bitcoin Price Slides Further As Bulls Lose Control, $29K Still In Play
[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…
Not So Fast: Bitcoin Strength Fails To Breach This Key Bullish Level
[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…
Is Bitcoin Truly Done With Cycle Lows? Here’s What This Metric Says
Bitcoin Price Dips Below $29,500, Here’s Why
[Apr 17, 2023 8:00 AM] After hitting an annual high of $30,975 last Friday, the Bitcoin price is under pressure today and has fallen below $29,500 for the first time in a week. At the time of writing, BTC’s low was at $29,410. The decline comes as a surprise in…
Bitcoin 30-Day Transaction Count Near Cycle Highs, Bullish Sign?
[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…
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $30,000 on Monday, as US Dollar Rallies
[Apr 17, 2023 6:30 AM] Bitcoin started the week trading below $30,000, as the U.S. dollar strengthened during Monday’s session. USD/JPY rose to a one-month high, with the greenback also gaining against the euro and British pound. Ethereum was also lower, falling…
Bitcoin Price Correction To $29k On Horizon After Bulls Lose Control At $30.5k
[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…
Economist Paul Krugman Criticizes Florida Gov. Ron DeSantis’ Opposition to Central Bank Digital Currency
Bitcoin Rise Fueled By Stablecoins, On-Chain Data Suggests
[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…
Bitcoin, Ethereum Technical Analysis: ETH Remains Above $2,100 to Start the Weekend
[Apr 15, 2023 6:39 AM] Ethereum remained above $2,100 to start the weekend, despite crypto markets moving into consolidation. Following this week’s gains, traders have seemingly started to secure gains, with the global market cap down by 0.52% as of writing this…
Bitcoin Price Outlook for April: BTC Hits $31,000, What Next?
[Apr 14, 2023 2:30 PM] At the halfway point of April, bitcoin has risen beyond the $31,000 point for the first time in ten months. This rise in bullish sentiment comes as global inflation continues to fall, with many expecting central banks to soon pivot from current…
Bitcoin, Ethereum Technical Analysis: BTC Nears $31,000, as ETH Hits 11-Month High
[Apr 14, 2023 6:30 AM] Bitcoin moved towards the $31,000 mark on Friday, ahead of upcoming retail sales data from the United States. Sales are expected to remain flat, whilst overall consumer sentiment is forecasted to rise to 62.7, from a reading of 62.0. Ethereum…
Company Of Legendary Peter Brandt Goes Long Bitcoin, Here’s His Target Price
[Apr 14, 2023 2:50 AM] The trading company of the legendary Peter Brandt is going long Bitcoin. In a tweet, which was actually not intended for the broader public, Brandt revealed that his company Factor LLC is currently taking five long positions, one of which is…
Bitcoin Price Struggles To Catch Up With Ethereum But Eyes More Upsides
[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…
Twitter Launches eToro Integration, Opening Up Crypto Trading To Millions
[Apr 13, 2023 12:49 PM] Twitter has partnered with eToro, a social trading platform, to allow users to buy and sell stocks and crypto assets directly from the social media platform, according to a CBNC report. The integration, launched on Thursday, allows users to invest…
Bitcoin, Ethereum Technical Analysis: ETH Hits $2,000 Following Shapella Upgrade
Can The Bitcoin Price Continue To Rise In The Short-Term? Market Update
[Apr 13, 2023 6:05 AM] After the rapid rise above $30,000, the Bitcoin price is currently taking a break and hovering around the round number. In the medium term, Bitcoin looks bullish, but what about the short term? Can BTC continue to rise or is a correction looming?…
Bitcoin Price Holds Ground Post US CPI and Looks Primed for More Gains
[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…
Large Bitcoin Investor Sent $330M in BTC to Bitfinex Exchange Before Price Dropped Below $30K: Blockchain Data
[Apr 12, 2023 10:12 AM] The bitcoin ‘whale’ was the 14th largest bitcoin holder until mid-March, controlling $1.2 billion in BTC, according to BitInfoCharts.
Bitcoin Leverage Ratio Shoots Up, More Volatility Ahead?
[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…
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Around $30,000, Ahead of US Inflation Report
[Apr 12, 2023 7:18 AM] Bitcoin consolidated around the $30,000 mark on Wednesday, as markets prepared for the release of the latest inflation report in the United States. Consumer prices in the U.S. are expected to fall to 5.2% in March, down from 6% the month prior…
Bitcoin’s Slowdown At $30,000 Only Temporary, Here’s Why
[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…