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Why Is Bitcoin Price Up Today? BTC Climbs Above $27,000

[Sep 18, 2023 8:45 AM] The Bitcoin price is sustaining its bullish momentum from the previous day. Today, it surpassed the $27,000 threshold, a level not seen since August 31. Notably, BTC recorded its first green weekly closing candle in five weeks yesterday. As of…

Glassnode Co-Founders Weigh In On Bitcoin (BTC) Path To $30,000

[Sep 16, 2023 8:20 AM] Bitcoin has had an eventful week, gaining by over 5% to trade above the $26,000 price. Even following the release of the US Consumer Price Index, which showed an inflation rise of 0.6%, the premier cryptocurrency remained resilient with little to…

Bitcoin Profit-Taking At 2-Month High, Pullback Incoming?

[Sep 15, 2023 9:00 AM] On-chain data shows the Bitcoin profit-taking has risen to a two-month high, which could provide resistance to the BTC surge. Bitcoin Profit-Taking Volume Has Shot Up With The Price Rise According to data from the on-chain analytics firm Santiment…

Is Bitcoin Forming A Double Bottom? Here’s What Needs To Happen

[Sep 15, 2023 1:55 AM] In recent days, Bitcoin has shown signs of a potential reversal, with the cryptocurrency charting three consecutive green daily candles. The last time such a pattern was observed was early July and between mid and late June, when Bitcoin rallied…