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Why Bitcoin Will Come Out Ahead In A Recession, Top Analyst Claims

[Jan 6, 2023 9:27 AM] Bitcoin keeps moving with no clear direction in the first week of 2023. Following a rejection from a critical resistance zone, the cryptocurrency returned to its range and could be gearing up for a re-test of support.  In the meantime, altcoins are…

What To Expect As Bitcoin Pictures Bullish Divergence On Chart?

[Jan 6, 2023 9:06 AM] The Bitcoin price has been making a slight recovery on its chart. Although the coin has been consolidating over the past few weeks, BTC has been attempting to make an upward movement. Over the last 24 hours, the coin has registered a 0.6%…

Bitcoin Bearish Signal: Large Dormant Supply On The Move

[Jan 6, 2023 9:00 AM] On-chain data shows a large amount of old Bitcoin supply has moved in the last few days, something that could be bearish for the crypto’s price. Bitcoin Supply Older Than 2 Years Showed Movement In The Past Week As pointed out by an analyst…

Quant Explains How Bitcoin MVRV MACD Can Signal Price Trends

[Jan 5, 2023 10:00 AM] A quant has broken down how the Bitcoin MVRV MACD oscillator could be used to check for signals in the price. Bitcoin MVRV MACD Oscillator As Price indicator As explained by an analyst in a CryptoQuant post, this metric can help detect both the…

Hackers Hit Romanian Hospital, Demand Bitcoin Ransom

[Jan 5, 2023 8:30 AM] A hospital in Romania has been targeted in a ransomware attack with the perpetrators seeking payment in cryptocurrency to decrypt its database. The hack prevents the medical institution from reporting to the country’s health insurance fund…

Bitcoin Price Jumps To $17K and Prints Bullish Continuation Signal

[Jan 4, 2023 7:35 PM] Bitcoin price climbed higher above the $16,800 resistance. BTC could rise further if it clears the $17,000 and $17,050 levels. Bitcoin is slowly moving higher above the $16,800 and $16,850 resistance levels. The price is trading above $16,700 and…

Bottom Signal: Bitcoin MVRV Ratio Falls To Three-Year Lows

[Jan 4, 2023 5:00 PM] Bitcoin is still stalling in terms of its price movement and has not made any significant jumps in the past couple of weeks. However, there could be a change in the trajectory of the digital asset in the coming weeks as the Bitcoin MVRV Ratio could…

Bitcoin Coinbase Inflows Spike, Is This Bearish For BTC?

[Jan 4, 2023 1:00 PM] On-chain data shows the Bitcoin inflows to Coinbase have spiked recently, a sign that may turn out to be bearish for the crypto. Bitcoin Exchange Inflows To Coinbase Register High Values As pointed out by an analyst in a CryptoQuant post, a total…

Bitcoin Price Hits Bottom At $16,700? This Obstacle Stalls Gains

[Jan 3, 2023 5:00 PM] The Bitcoin price has seen a slow start in 2023 as the cryptocurrency remains stalled and moving sideways around its current levels. Many experts believe BTC has seen the worst of the recent bearish cycle and could be gearing up for some profits. …