[Apr 17, 2023 8:00 AM] After hitting an annual high of $30,975 last Friday, the Bitcoin price is under pressure today and has fallen below $29,500 for the first time in a week. At the time of writing, BTC’s low was at $29,410. The decline comes as a surprise in…
[Apr 17, 2023 6:30 AM] On-chain data shows the Bitcoin network has been observing a rising amount of transactions recently, something that may be bullish for the price. Bitcoin 30-Day SMA Transaction Count Is Near Cycle Highs Currently According to data from the on-chain…
[Apr 17, 2023 6:30 AM] Bitcoin started the week trading below $30,000, as the U.S. dollar strengthened during Monday’s session. USD/JPY rose to a one-month high, with the greenback also gaining against the euro and British pound. Ethereum was also lower, falling…
[Apr 16, 2023 9:09 PM] Bitcoin price started a downside correction from the $31,000 zone. BTC might decline toward $29,000 before the bulls appear again. Bitcoin started a downside correction below the $30,500 pivot level. The price is trading below $30,500 and the 100…
[Apr 15, 2023 3:30 PM] Economist Paul Krugman questioned why Republican Florida governor Ron DeSantis opposes a central bank digital currency (CBDC) in a recent opinion editorial. Krugman suggested that DeSantis may be motivated by “general paranoia.” He…
[Apr 15, 2023 7:58 AM] On-chain data shows the recent rise in the price of Bitcoin above the $30,000 mark may be fueled by stablecoins being shifted into the asset. Stablecoins Have Continued To Flow Into Bitcoin In Recent Days As pointed out by an analyst on Twitter…
[Apr 15, 2023 6:39 AM] Ethereum remained above $2,100 to start the weekend, despite crypto markets moving into consolidation. Following this week’s gains, traders have seemingly started to secure gains, with the global market cap down by 0.52% as of writing this…
[Apr 14, 2023 2:30 PM] At the halfway point of April, bitcoin has risen beyond the $31,000 point for the first time in ten months. This rise in bullish sentiment comes as global inflation continues to fall, with many expecting central banks to soon pivot from current…
[Apr 14, 2023 6:30 AM] Bitcoin moved towards the $31,000 mark on Friday, ahead of upcoming retail sales data from the United States. Sales are expected to remain flat, whilst overall consumer sentiment is forecasted to rise to 62.7, from a reading of 62.0. Ethereum…
[Apr 14, 2023 2:50 AM] The trading company of the legendary Peter Brandt is going long Bitcoin. In a tweet, which was actually not intended for the broader public, Brandt revealed that his company Factor LLC is currently taking five long positions, one of which is…
[Apr 13, 2023 9:23 PM] Bitcoin price is moving higher above the $30,250 zone. BTC is struggling to gain bullish momentum like Ethereum but it could rally further above $31,000. Bitcoin started another increase above the $30,250 resistance. The price is trading above…
[Apr 13, 2023 12:49 PM] Twitter has partnered with eToro, a social trading platform, to allow users to buy and sell stocks and crypto assets directly from the social media platform, according to a CBNC report. The integration, launched on Thursday, allows users to invest…
[Apr 13, 2023 7:15 AM] Ethereum moved above $2,000 on Thursday, as markets continue to react to the successful Shanghai update. The upgrade, which is also known as “Shapella,” took place late last night, enabling withdrawals on the blockchain. Bitcoin…
[Apr 13, 2023 6:05 AM] After the rapid rise above $30,000, the Bitcoin price is currently taking a break and hovering around the round number. In the medium term, Bitcoin looks bullish, but what about the short term? Can BTC continue to rise or is a correction looming?…
[Apr 12, 2023 9:18 PM] Bitcoin price is consolidating gains near the $30,000 zone. BTC could start another increase if it clears the $30,250 resistance zone. Bitcoin corrected lower and tested the $29,650 support zone. The price is trading above $29,650 and the 100…
[Apr 12, 2023 10:12 AM] The bitcoin ‘whale’ was the 14th largest bitcoin holder until mid-March, controlling $1.2 billion in BTC, according to BitInfoCharts.
[Apr 12, 2023 7:30 AM] On-chain data shows the Bitcoin leverage ratio has shot up with the rise above the $30,000 mark, something that may cause more volatility for the coin. Bitcoin Estimated Leverage Ratio Has Sharply Surged Recently As pointed out by an analyst in a…
[Apr 12, 2023 7:18 AM] Bitcoin consolidated around the $30,000 mark on Wednesday, as markets prepared for the release of the latest inflation report in the United States. Consumer prices in the U.S. are expected to fall to 5.2% in March, down from 6% the month prior…
[Apr 12, 2023 5:30 AM] After seeing an explosive start to the week and breaking above $30,000 for the first time in over nine months, Bitcoin has begun to cool out price-wise. However, this cooldown that has dragged its price below $30,000 once more could only end up…
[Apr 12, 2023 3:25 AM] Analysts from both traditional financial markets and the Bitcoin space are currently looking at the yield curve with concern and are ringing the alarm bells. The 10-year and 3-month yield curve hit another historic low in the United States…
[Apr 11, 2023 8:23 PM] Bitcoin price is consolidating gains above the $30,000 zone. BTC is showing a few signs of a downside correction below the $30,000 level. Bitcoin attempted a fresh increase and spiked above the $30,450 resistance zone. The price is trading above…
[Apr 11, 2023 6:12 PM] Bitcoin price has punctured into resistance at $30,000 and bulls are celebrating the demise of the bear market. But are they celebrating too early? Or is the first ever cryptocurrency going to fist pump higher? Find out how Elliott Wave Principle…
[Apr 11, 2023 11:00 AM] Data shows that Bitcoin investors are showing a high amount of hype around the break above $30,000, something that may end up backfiring. Bitcoin Investors Are Showing High Levels Of Euphoria Currently According to data from the on-chain analytics…
[Apr 11, 2023 6:15 AM] Bitcoin moved above $30,000 on April 11, as bullish sentiment returned to cryptocurrency markets. Markets surged after data in China showed that consumer prices had hit an 18-month low. Ethereum was also higher on the news, moving closer to $2,000…
[Apr 11, 2023 3:45 AM] The Bitcoin price has risen above $30,000 for the first time since June 2022, continuing the uptrend that began earlier this year. After the price last struggled with resistance at $28,600 on the 1-day chart for over three weeks, the explosive…
[Apr 10, 2023 8:22 PM] Bitcoin price rallied above the $28,800 resistance. BTC is up over 6% and it could rise further above the $30,500 resistance zone. Bitcoin climbed higher and was able to clear the $30,000 resistance zone. The price is trading above $30,000 and the…
[Apr 10, 2023 6:53 PM] Bitcoin price is once again pushing higher and breaking boundaries, this time above the key psychological level of $30K per coin. It marks the first time BTCUSD trading above the level since June 2022. Is this more confirmation of a bullish trend…
[Apr 10, 2023 12:42 PM] Bitcoin price is current trading at just below $30,000 after spending weeks building up pressure in a tight trading range. The lack of volatility has resulted in a technical signal that says explosive volatility is ahead, and has just begun. Even…
[Apr 10, 2023 10:00 AM] A quant has pointed out parallels between the current and the 2017 Bitcoin cycles, something that may contain hints about what’s next for the asset. The Current Bitcoin Cycle Has Shown Interesting Parallels With The 2017 Cycle As explained by…
[Apr 10, 2023 6:30 AM] Bitcoin started the week climbing back above $28,000, as markets returned from the Easter holidays. The move saw the world’s largest cryptocurrency briefly break out of a key resistance level of $28,500. Ethereum was also higher, as it…
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