“Buy The Dip” Mentality Returning To Bitcoin? This Metric May Suggest So
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Bitcoin, Ethereum Technical Analysis: BTC Consolidates on Tuesday, Following 8-Month High
[Feb 21, 2023 7:30 AM] Bitcoin retreated from earlier highs during Tuesday’s session, as sentiment shifted following a move to a multi-month high. Prices surged to their highest point since last August earlier in the day, prior to a red wave sweeping through the…
Bitcoin Price Could Skyrocket To $28K If It Clears This Resistance
[Feb 20, 2023 9:04 PM] Bitcoin price is attempting an upside break above the $25,000 resistance. BTC could gain pace and rally if it settles above the $25,000 resistance zone. Bitcoin is struggling to clear the key $25,000 resistance zone. The price is trading below…
This “Super” Buy Signal Suggests The Crypto Bull Trend Is Strengthening
[Feb 20, 2023 6:26 PM] It’s a bird! It’s a plane! It’s a SuperTrend buy signal on the total crypto market cap chart, as calculated by TradingView! Find out exactly what this signal means and what has happened in the past when it has appeared. Why The SuperTrend Matters
Bitcoin Whales Plummets To 2019 lows, What This Means For BTC
[Feb 20, 2023 6:00 PM] Despite Bitcoin’s significant upside trend in the past month, not everything is as green as it seems. According to data from crypto analytics firm, Glassnode, Bitcoin whales, which reached a significant peak in 2021, have plummeted to lows last…
Bitcoin Has Been Growing Its Sustainable Energy Mix Over The Past 2 Years
[Feb 20, 2023 12:00 PM] Bitcoin, the world’s most secure blockchain by hash rate, has been growing its sustainable energy mix at a rate of 6.2% over the last two years, David Batten, a ClimateTech venture capitalist, notes in a tweet posted on February 20…
Bitcoin Bull Run Still Too Soon To Call, This Quant Cautions
[Feb 20, 2023 8:30 AM] A quant has cautioned that a Bitcoin bull market may still be too soon to call, as this on-chain indicator is yet to meet the proper conditions. Bitcoin Long-Term Holder SOPR (SMA 14) Has Still Not Crossed Above 1 According to an analyst in a…
Bitcoin, Ethereum Technical Analysis: Bitcoin Hits $25,000, Following Moving Average ‘Death’ Cross
[Feb 20, 2023 7:30 AM] Bitcoin was hovering close to $25,000 on Feb. 20, as cryptocurrency markets traded close to recent highs. Markets started the week partially in the green, ahead of a key week of economic data. The United States FOMC (Federal Open Market Committee)…
Bitcoin Puell Multiple Hits 14-Month High, Here’s What It Means
[Feb 20, 2023 5:30 AM] On-chain data shows the 7-day moving average (MA) Bitcoin Puell Multiple has hit a 14-month high recently. Here’s what it may mean for the market. Bitcoin 7-Day MA Puell Multiple Has Risen Above 1 Recently As pointed out by an analyst in a…
Bitcoin Price At Risk of Downside Thrust Before A Fresh Increase
[Feb 19, 2023 9:33 PM] Bitcoin price is correcting lower below the $24,500 level. BTC could decline towards the $23,500 support before it starts a fresh increase in the near term. Bitcoin is slowly moving lower below $24,500 and $24,000. The price is trading below…
Litecoin Sparkles With New All-Time High In Hashrate – Will It Boost LTC Price?
[Feb 19, 2023 7:57 AM] Litecoin (LTC) has peaked to a new all-time high. Litecoin, with over 950,000 followers, happily announced via Twitter that Litecoin’s hashrate surpassed 887 TH/s on February 15, 2023, spotted at block 2,423,170. Here’s a quick look at how…
The economics of cryptocurrency mining: Costs, revenues and market trends
[Feb 18, 2023 8:00 AM] Explore the economics of cryptocurrency mining and the challenges and opportunities that exist in this rapidly evolving industry.
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,700, as Markets Rebound on Saturday
Bitcoin Price Gets Rejected At $25,000, But Is This The End?
[Feb 17, 2023 8:20 AM] Bitcoin price already cleared one of the most-anticipated levels which was $25,000. The cryptocurrency was eventually beaten back down from this level but it has set a precedent for the whole of the crypto market. But more importantly, it seems…
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $25,000 Following Recent Surge
[Feb 17, 2023 7:30 AM] Bitcoin fell below the $25,000 mark on Friday, as markets moved into consolidation, following recent gains. Prices fell by almost $1,700 in the last 24 hours, with the global cryptocurrency market cap down 1.89% as of writing. Ethereum also…
Bitcoin Price Rejects $25K Again, Why Dips Still Remain Attractive
[Feb 16, 2023 9:11 PM] Bitcoin price faced a strong rejection near the $25,000 resistance. BTC remains supported near the $23,400 and $22,950 levels in the near term. Bitcoin is down over $1,000 after it faced rejection near the $25,000 resistance. The price is trading…
Bitcoin Bulls Charge Into BTC Death Cross, Why This Level Matters
[Feb 16, 2023 5:55 PM] Bitcoin price briefly touched over $25,000 per coin today, before pulling back late in the day. The rally took Bitcoin price precisely to both the 50-week and 200-week moving averages that have recently “death crossed.” Will the top cryptocurrency
Bitcoin Breaks Above $24,000 As Stablecoin Inflows Explode
[Feb 16, 2023 8:25 AM] Bitcoin has broken above $24,000 in the last 24 hours as on-chain data shows a sharp spike in the stablecoin exchange inflows. Stablecoin Exchange Inflows Have Been Elevated Recently As pointed out by an analyst in a CryptoQuant post, there is…
Bitcoin, Ethereum Technical Analysis: BTC Nears $25,000, Whilst ETH Hits $1,700
[Feb 16, 2023 7:30 AM] Bitcoin moved significantly higher on Feb. 16, as the world’s largest cryptocurrency hit its strongest point since last August. Prices neared the $25,000 mark earlier in the day, following a breakout of a key resistance level. Several…
Court to Try 2 Russians for Stealing 86 Bitcoins From Crypto Miner
Bitcoin Price Soars 11%, Here Are The Reasons
[Feb 16, 2023 2:55 AM] The Bitcoin bulls are back for good. The BTC price has risen by about 11% in the last 24 hours. At one point, Bitcoin reached a price of $24,789 and took a breather just before the August 15, 2022 high at $25,195. The rally is likely to have caught…
Bitcoin Price Surges To $25K, Dips Turn Attractive In Medium-term
[Feb 15, 2023 9:10 PM] Bitcoin price surged over 10% and cleared the $24,000 resistance. BTC traded close to $25,000 and remains supported for more gains in the near term. Bitcoin is gaining pace above the $23,500 and $24,000 resistance levels. The price is trading above…
Here Are 3 Factors That Could Drive Bitcoin Higher Than Ethereum
[Feb 15, 2023 11:55 AM] Bitcoin has been rallying over the past week on the back of a decline in inflation and an apparent improvement in macroeconomic conditions. According to a recent report, the cryptocurrency has been on an uptrend since the beginning of 2022 and…
Biggest Movers: DOGE, SHIB Surge as Elon Musk Tweets Dog CEO Pictures
[Feb 15, 2023 11:00 AM] Dogecoin rallied on Feb. 15, as Elon Musk tweeted a picture of a Shiba Inu dog, with the caption: “The new CEO of Twitter is amazing.” Following this tweet, both dogecoin and shiba inu surged, extending recent gains. Overall, the global…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Gains Following US Inflation Report
[Feb 15, 2023 8:00 AM] Bitcoin traded above $22,000 on Feb. 15, as markets continue to react to the latest U.S. inflation report. The consumer price index rose 0.5% in January, following a gain of 0.1% the month prior. Overall, the annual rate of inflation came in at…
Quant Explains How Bitcoin Derivatives Data Can Be Used For Trading
[Feb 15, 2023 6:30 AM] A quant has explained how the data of the Bitcoin derivatives indicators like open interest and liquidations can be leveraged as a short-term trading tool. Bitcoin Derivatives Market Data As A Short-Term Trading Tool As explained by an analyst in a…
Bitcoin Price Gearing For Lift-Off to $23K But This Level Is The Key
[Feb 14, 2023 9:20 PM] Bitcoin price is attempting an upside correction above the $22,000 resistance. BTC must clear $22,350 and $22,400 to continue higher in the near term. Bitcoin is slowly moving higher above the $21,800 and $22,000 levels. The price is trading above…
Forget The Moon: Bitcoin Could Target The “Cloud” At $40K
[Feb 14, 2023 5:38 PM] Bitcoin bulls are hoping the bottom is in and heads off onto another moon mission toward new all-time highs. But before it gets there, if the bottom is indeed in, the top cryptocurrency by market cap could target the top of the weekly BTCUSD…
Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to $22,000 Ahead of US Inflation Report
Here’s What’s Needed For The Bitcoin Rally To Resume
[Feb 14, 2023 6:02 AM] Here’s what the current Bitcoin rally might require for a resumption based on the trend that a similar rally back in April 2019 followed. Bitcoin Accumulation Trend Score Has Declined Recently As per the latest weekly report from Glassnode…