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Bitcoin Displays Bullish Adam And Eve Double Bottom: What It Means

[Apr 17, 2024 2:00 AM] In his latest technical analysis, Christopher Inks, a recognized figure in the field of crypto analysis, points to the possible formation of a bullish Adam and Eve double bottom pattern for Bitcoin. This formation is spotted on the BTC/USD 1-hour…

Bitcoin Analyst Set Sight On $79,591: Urges Traders To Be Patient

[Apr 16, 2024 12:00 PM] While Bitcoin prices hover around 15% below their all-time highs, with some skeptics predicting more losses, one analyst on X expects the coin to bounce strongly, even breaking above all-time highs. Taking to X, the trader argues that Bitcoin has…

Bitcoin Has Next Major Demand Zone At $56,000: Brace For Impact?

[Apr 16, 2024 9:00 AM] On-chain data shows the next major Bitcoin demand zone is around $56,000, a level BTC might end up revisiting if the decline continues. Bitcoin Has Next Major On-Chain Support Around $56,000 According to data from the market intelligence platform…

Bitcoin Rebounds After Nearing Cost Basis Of Short-Term Whales

[Apr 15, 2024 9:00 AM] Bitcoin has found a rebound back above the $66,000 mark following a drop towards the on-chain cost basis of the short-term holder whales. Bitcoin Drawdown Had Nearly Put Short-Term Whales Under Pressure As pointed out by an analyst in a CryptoQuant…

Bitcoin Goes Pro: UFC Winner Wants $300,000 Bonus Paid In BTC

[Apr 15, 2024 8:00 AM] Bitcoin adoption is soaring across sectors, emerging as a standard in the sports industry. Demonstrating this trend, a UFC winner has requested his bonus to be paid in Bitcoin, underscoring the cryptocurrency’s increasing prominence within the…

Bitcoin Back Above $70,000 Despite Negative Taker Volume

[Apr 11, 2024 4:00 PM] Bitcoin has surged back above the $70,000 level during the past day despite the negative Net Taker Volume for the asset. Bitcoin Net Taker Volume Has Seen Some Large Negative Spikes Recently As explained by CryptoQuant Netherlands community manager…

Here Are The Drivers Behind The Bitcoin Price Crash To $68,000

[Apr 10, 2024 6:00 AM] Bitcoin has again experienced a price decline since briefly climbing above the $72,000 mark on April 8. This price dip is believed to be due to a couple of factors, which no doubt present a bearish outlook for the flagship crypto. Inflation Data…