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Analyst Sets $47,000 Target For Bitcoin If This Happens

[Nov 27, 2023 1:00 PM] An analyst has explained how $47,360 could be the next target for Bitcoin if the cryptocurrency can clear the $38,500 resistance wall. Bitcoin URPD Suggests $47,360 Holds Next Major Resistance After $38,500 In a new post on X, analyst Ali talked…

Bitcoin Mining Difficulty Hits New Record High With 5% Rise

[Nov 26, 2023 1:00 PM] The Bitcoin mining difficulty has witnessed another increase in 2023, bringing the metric to a new all-time high. The Bitcoin “difficulty” is a vital aspect of the network that controls the rate at which new blocks are added to the blockchain at a…

Grayscale Files Updated Spot ETF As Bitcoin Barrels Past $37,000

[Nov 23, 2023 3:30 AM] The asset manager Grayscale has filed an updated Spot Bitcoin ETF filing following its meeting with the Securities and Exchange Commission (SEC). The foremost cryptocurrency, Bitcoin, also rebounded on the back of the news as it crossed the $37,000…

Bitcoin Bulls Buckle Up: Seasonal Trends Point To $50,000 Target

[Nov 22, 2023 3:00 PM] Bitcoin (BTC), the largest cryptocurrency on the market, has again failed to consolidate and reach the $38,000 level for the third time, as it is currently experiencing a 3% pullback. This has led the community to speculate that a significant…

Clear Skies: Why Bitcoin Overhead Resistance Is Weak

[Nov 20, 2023 5:00 PM] Bitcoin price is only at $37,500 — a far cry from former all-time highs around $68,000. However, one visual technical analysis tool could show that overhead resistance is weak, and that the top cryptocurrency could rip right through what’s left…

Failed Bearish Signal Could Send Bitcoin To $85K Next Month

[Nov 18, 2023 10:05 AM] Bitcoin recently gave a bearish signal, which ultimately failed to produce a meaningful pullback. Due to the technical failure, historical data suggests that in only a matter of a month BTCUSD could set a new all-time high and reach a target of…

Bitcoin NVT Remains Bullish, All-Clear Signal For Rally?

[Nov 16, 2023 8:00 AM] On-chain data shows the Bitcoin Network Value to Transactions (NVT) ratio is above the bear zone, implying the recent price growth might have been healthy. Bitcoin NVT Ratio Has Remained Outside Red Since October According to data from the on-chain…