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Bitcoin Price Poised To Rally Big-Time On Today’s PCE Release

[Dec 23, 2022 4:11 AM] The Bitcoin price could see a significant uptick today Friday, December 23 at 8:30 am (EST) if the Core Personal Consumption Expenditures Price Index (PCE) comes in better than expected. And the chances are high! Bitcoin price has been heavily…

Bitcoin Price Shows Signs of Life and Could Soon Clear This Hurdle

[Dec 22, 2022 8:45 PM] Bitcoin price is attempting an upside break above $16,800. BTC could start a decent increase if it clears the $16,800 and $17,000 resistance levels. Bitcoin is still facing a strong resistance near $17,000 and $17,200. The price is trading above…

Bottom Signal: This Bitcoin Ratio Declines To Four-Year Low

[Dec 22, 2022 1:00 PM] On-chain data shows a Bitcoin ratio has hit the lowest value since February 2019, something that may suggest the bottom could be near for the current cycle. Bitcoin SOPR Ratio Hits Lows Not Seen Since 4 Years Ago As pointed out by an analyst in a…

Altcoin Indexes Take Beating As Investors Flip Alts For Bitcoin

[Dec 21, 2022 6:13 AM] Data shows the different Altcoin Indexes in the crypto market have taken a beating during the past week as investors have been flipping alts for Bitcoin. Bitcoin And Stablecoins Dominance Rises As Altcoins Struggle As per the latest weekly report…

Bitcoin Still “Overvalued” According To NVT Ratio

[Dec 20, 2022 9:31 AM] On-chain data shows signs aren’t looking good for Bitcoin as the NVT ratio is indicating that the crypto is still overvalued right now. Bitcoin NVT Ratio Continues To Be At High Values As pointed out by an analyst in a CryptoQuant post, BTC…