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Price analysis 2/24: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, SHIB
[Feb 24, 2023 12:11 PM] Strong inflation data has pulled Bitcoin and select altcoins below their immediate support levels, signaling a few days of corrective action.
Bitcoin Decline Ahead? Bearish Crossover Forms In This Metric
[Feb 24, 2023 10:30 AM] The Bitcoin taker buy/sell ratio is currently forming a crossover that has led to the price of the asset observing a decline in the past. Bitcoin Taker Buy Sell Ratio Moving Averages Are Crossing Over As pointed out by an analyst in a CryptoQuant…
Bitcoin price stays under $24K as PCE data helps US dollar to near 7-week highs
[Feb 24, 2023 9:29 AM] Bitcoin fails to catch a break after “hot” PCE numbers punish U.S. stocks and bring DXY back from the brink of breakdown.
Bitcoin Price Drops As Core PCE Comes In Hot, These Are The Implications
[Feb 24, 2023 7:50 AM] For the Bitcoin and crypto markets, today’s release of the Core Personal Consumption Expenditure (PCE) index in the United States has been the most important event of the week. The starting point was simple: if the numbers released by the…
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $24,000 Ahead of US Consumer Sentiment Data
[Feb 24, 2023 7:30 AM] Bitcoin fell back below $24,000 on Feb. 24, as markets anticipated the release of the upcoming consumer sentiment figures from the United States. The report from the University of Michigan is expected to show an increase in confidence, despite…
BTC Down 2% As $1.8 Billion Bitcoin Options Contract Expires Today
[Feb 24, 2023 5:30 AM] While there is always a reason behind every single movement in the market, Bitcoin’s latest bearish trend in the last 24 hours appears to be a result of $1.8 billion Bitcoin options set to expire today. This large volume of Bitcoin set to be…
Bitcoin Price Tries To Reclaim $24,000 As Crypto Market Trades Sideways
[Feb 24, 2023 5:15 AM] Despite what looked to be synchronized warnings from global regulators on the risks that crypto-assets represent to the world’s financial system, Bitcoin price continued to trade near support at $24,000, making for a relatively quiet day in…
Apple Co-founder: “My Gut Feeling Tells Me Bitcoin Will Go To $100,000”
[Feb 24, 2023 4:30 AM] Steve Wozniak, the co-founder of Apple, one of the world’s most valuable companies, thinks Bitcoin will, in the future, rally to as high as $100,000. Bitcoin May Rally Because People Are Interested In a recent interview posted by Documenting…
Bitcoin 2024 halving will be its 'most important' — Interview with Charles Edwards
[Feb 24, 2023 2:30 AM] The Bitcoin commentator and fund manager reveals why 2023 is just the start of a "new regime" for BTC price action and institutional involvement.
Bitcoin Price Recovery Could Soon Fade If BTC Fails To Surpass $24,500
[Feb 23, 2023 9:11 PM] Bitcoin price is struggling to clear the $24,500 resistance zone. BTC must clear the $24,500 resistance and the 100 hourly SMA to start a decent increase. Bitcoin is still struggling to clear the $24,500 resistance zone. The price is trading below…
Is Bitcoin Price Building Another Parabolic Rally?
[Feb 23, 2023 7:30 PM] Bitcoin price is pushing hard to maintain above $24,000, after a sustained rally to pre-FTX fallout levels. Along the way, each bounce in price action has begun to take on a parabolic shape, which could keep the top cryptocurrencies climbing much…
Bitcoin At A Crossroad Around $24,000, Which Side Will Crack First?
[Feb 23, 2023 5:00 PM] Bitcoin has formed a range at its current trading level, avoiding a drop to the $22,000 area by bouncing off its support at $23,500. Bitcoin is at a crossroads as the bulls and bears are battling to decide which side will come ahead. As of this…
Bitcoin Bearish Signal: Exchange Whale Ratio Surges
[Feb 23, 2023 2:00 PM] On-chain data shows the Bitcoin exchange whale ratio has been surging recently, a sign that may be bearish for the cryptocurrency’s price. Bitcoin Exchange Whale Ratio (72-Hour MA) Has Observed A Rise Recently As an analyst in a CryptoQuant…
Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace
[Feb 23, 2023 12:30 PM] A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Police Department alleges that Nadeam Nahas stole…
Bitcoin On-Chain Data Shows Why $24,700 Is A Major Resistance For BTC
[Feb 23, 2023 8:40 AM] This Bitcoin on-chain indicator may suggest why the $24,750 price level is an important resistance for the cryptocurrency. Bitcoin Adjusted Realized Price Is Currently Valued At Around $24,750 The relevant indicator here is the “realized…
Crypto Assets Starting To Become “Overbought,” Santiment Says
Bitcoin, Ethereum Technical Analysis: ETH, BTC Rebound Following Fed Minutes
[Feb 23, 2023 7:30 AM] Ethereum rebounded on Feb. 23, as markets reacted to the latest Federal Open Market Committee (FOMC) minutes. The minutes showed that the Fed hinted at maintaining its current policy until further signs that inflation is…
Bitcoin Dips Below $24,000 Again As DXY Hits 7-Week High
[Feb 23, 2023 7:03 AM] The Bitcoin price has fallen back below the $24,000 level, while the US Dollar Index (DXY) has reached a seven-high. After BTC managed to defend the key support of $23,867 in the 1-day chart yesterday, the bulls now need to prove their strength…
Bitcoin eyes 25% of world's wealth in new $10M BTC price prediction
[Feb 23, 2023 6:26 AM] Bitcoin can see its market cap increase 500 times over, Jesse Myers believes, thanks to its inherent scarcity and other traits.
Crypto Groups on Russian Social Media Hit by Bots Discrediting Bitcoin
[Feb 23, 2023 3:30 AM] Social media groups devoted to cryptocurrencies in Russia have been attacked by bots in what looks like a campaign against bitcoin and the like. Their comments on Russia’s largest social media platform are triggered by certain keywords like crypto…
In The Bear Bitcoin Run Of 2022, Smart Money Were Not “Smart”
[Feb 23, 2023 2:41 AM] In the crypto winter of 2022, Bitcoin whales were, after all, not as smart as expected, on-chain data on February 23 shows. Bitcoin Whales Were Not Smart In 2022 According to data from LookIntoBitcoin, whales didn’t enter bitcoin timely in 2022…
Bitcoin Price Reaches Inflection Zone and 100 SMA Is The Key
[Feb 22, 2023 9:15 PM] Bitcoin price tested the $23,600 zone and started a decent increase. BTC must clear the $24,500 resistance and the 100 hourly SMA to move into a positive zone. Bitcoin is slowly moving higher above the $24,000 resistance zone. The price is trading…
Bears Beware: Bitcoin “Trend” Strengthens To Pre-ATH Levels
[Feb 22, 2023 6:08 PM] Bitcoin price is at local resistance, brushing up against the death cross of the 50 and 200-day moving average, and is exhibiting other potentially bearish signals. However, bears should beware that while price has yet to do anything dramatic, the…
Luxor Technologies Acquires Ordinalhub to Provide Tools for Bitcoin-Based NFTs
[Feb 22, 2023 3:30 PM] With Bitcoin-based digital collectibles becoming a popular trend, the full-stack bitcoin mining services company Luxor Technologies has acquired the platform Ordinalhub, a project that provides tools to buy, sell, and track Bitcoin-issued…
Bitcoin Retreats To Key Support, BTC Bears Have A Fighting Chance?
Price analysis 2/22: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, SHIB
[Feb 22, 2023 1:18 PM] BTC and altcoins are pulling back sharply, but is today’s correction a simple lower support retest, or a sign of worse things to come?
BIS General Manager Casts Doubt on Stablecoins, Claiming Tokens Do Not Benefit From Regulations or Central Planning
Bitcoin Rally Fueled By USD Coin (USDC) Rotating Into BTC: Santiment
[Feb 22, 2023 10:30 AM] On-chain data from Santiment suggests the latest Bitcoin rally may have been fueled by USD Coin (USDC) shifting into the cryptocurrency. USD Coin Shark And Whale Addresses Have Declined Recently According to data from the on-chain analytics firm…
Bitcoin must leverage $1T central bank liquidity to beat sellers — Research
[Feb 22, 2023 10:21 AM] BTC price action is all but guaranteed to benefit from extra central bank liquidity, but the journey higher is fraught with difficulty, says QCP Capital.