[Jan 19, 2023 9:28 AM] Bitcoin lost steam the previous day and seems poised to re-test its support levels in the coming days. The cryptocurrency rallied on the back of favorable macroeconomic winds and high upside liquidity from overleveraged short traders. As of this…
[Jan 19, 2023 8:00 AM] Ethereum fell lower on Thursday, as cryptocurrency markets continued to react to the latest U.S. retail sales figures. Sales in the United States fell by more than expected, coming in 1.1% lower in December. Bitcoin also declined in today’s…
[Jan 19, 2023 7:02 AM] On-chain data shows the Bitcoin miner outflows have surged, suggesting that selling from this cohort may be behind the crypto’s decline to $20,700. Bitcoin Miner Outflows Have Registered Multiple Spikes Recently As pointed out by an analyst…
[Jan 19, 2023 6:00 AM] After the DXY fell intra-day to a new 7-month low of 101.56 yesterday, the Bitcoin price briefly managed to tackle the key resistance zone above the $21,500 mark, reaching its highest level since September 13, 2022, at $21,650. However, the…
[Jan 18, 2023 10:30 PM] Bitcoin was on the road to breaking a nearly 10-year-old record but the price dip over the past day put a stop to the multi-day win streak.
[Jan 18, 2023 9:31 PM] Bitcoin price is still struggling to clear the $21,500 resistance zone. BTC could correct further lower if there is a clear move below the $20,500 support zone. Bitcoin struggled to clear the $21,500 resistance zone and corrected lower. The price…
[Jan 18, 2023 5:00 PM] Bitcoin has done well in the last week with multiple rallies that have brought the digital asset’s price back to early November 2022 levels. However, while investor sentiment looks to have significantly recovered, not everyone is expecting BTC to…
[Jan 18, 2023 4:09 PM] Bitcoin price is showing signs of getting overheated on daily timeframes using the Relative Strength Index (RSI). The tool, typically used to spot overbought conditions, is at one of its highest levels ever historically. However, an elevated RSI…
[Jan 18, 2023 3:00 PM] Data shows most of Bitcoin’s recent gains since November 27 have been observed during Asian trading hours, according to a report. Bitcoin Saw The Most Returns During Asian Trading Hours As per the latest weekly report from Arcane Research…
[Jan 18, 2023 1:00 PM] Solana has been one of the top performers in the cryptocurrency market, with gains of over 89% in 30 days, 131% in 14 days, and 63% in 7 days. In the face of claims that the SOL network is failing, the token’s price needs a slight upward…
[Jan 18, 2023 11:00 AM] The amount of bitcoin (BTC) being held on exchanges has been on a steady decline since the bear market began in 2022, but the rate at which investors were pulling their cryptocurrencies off exchanges has accelerated in the last couple of months…
[Jan 18, 2023 10:45 AM] The Bitcoin rally continues as the cryptocurrency smashes all resistance levels and seems ready to reclaim more ground. The number one crypto by market capitalization has seen a double-digit gain over the previous week leading the top performers in…
[Jan 18, 2023 7:30 AM] Bitcoin rose to its highest level since September, as markets prepared for the release of U.S. retail sales data. This afternoon’s economic release is expected to show a cooling off of sales, as consumers prepare for a recession. Ethereum…
[Jan 18, 2023 6:43 AM] Data shows all the altcoin indexes have outperformed Bitcoin during the past month, with the small caps becoming the market leaders. The Past 30 Days Were Green For Both Bitcoin And Altcoins According to the latest weekly report from Arcane…
[Jan 17, 2023 8:48 PM] Bitcoin price is facing a major hurdle near the $21,500 zone. BTC could correct lower if there is a clear move below the $20,500 support zone. Bitcoin seems to be facing a major challenge near the $21,450 and $21,500 levels. The price is trading…
[Jan 17, 2023 11:00 AM] Data shows the Bitcoin Adjusted Spent Output Profit Ratio (aSOPR) is retesting the historical bull-bear junction. Will a break be found this time? Bitcoin aSOPR Is Currently Doing Another Rest Of 1.0 Level As per the latest weekly report from…
[Jan 17, 2023 8:30 AM] As Bitcoin continues its strong rally, $22,400 could be the level to watch next, if this on-chain metric is anything to go by. Bitcoin Long-Term Holder Realized Price Is Currently Around $22,400 According to the latest weekly report from Glassnode…
[Jan 17, 2023 7:30 AM] Bitcoin climbed back above $21,000 on Jan. 17, as markets reacted to better-than-expected Chinese gross domestic product (GDP) figures. The economic release comes as U.S. traders also returned to action, following the observation of the Martin…
[Jan 17, 2023 3:18 AM] After a strong week for bitcoin (BTC) and many other leading cryptocurrencies, traders are now on the lookout for indicators of what could spark the next bull run. After being battered by losses for the majority of 2022, bitcoin and other…
[Jan 16, 2023 9:24 PM] Bitcoin price is facing resistance near the $21,500 zone. BTC could correct lower if there is a clear move below the $20,880 support zone. Bitcoin seems to be facing a strong resistance near the $21,450 and $21,500 levels. The price is trading…
[Jan 16, 2023 4:08 PM] Bitcoin price is already turning heads after reclaiming $20,000 per coin, but if the current monthly candle closes on BTCUSD price charts, the top cryptocurrency will satisfy the conditions of a morning star reversal pattern. The last time the…
[Jan 16, 2023 10:00 AM] Even though the next FOMC meeting of the U.S. Federal Reserve is still more than two weeks away, there are significant macroeconomic as well as crypto and Bitcoin-intrinsic events this week that investors should keep an eye on. As in previous weeks…
[Jan 16, 2023 9:00 AM] The cryptocurrency market continues to show signs of improvement. Bitcoin, the number one cryptocurrency, has continued its price upswing as its breaks above its 200-day moving average. In addition, the market generally has recovered, as crypto…
[Jan 16, 2023 8:33 AM] Glassnode has pointed out a bizarre consistency between the current and previous Bitcoin cycles in terms of a metric, here’s what. Bitcoin Breaks Above 200-Day Simple Moving Average Line A “simple moving average” (SMA) is an…
[Jan 16, 2023 7:30 AM] Bitcoin consolidated on Jan. 16, as U.S. markets closed in celebration of the Martin Luther King Jr. Day holiday celebration. Traders have seemingly moved to secure recent gains, after the world’s largest cryptocurrency rose above $21,000…
[Jan 16, 2023 6:40 AM] On-chain data shows Bitcoin miners could be dumping right now, a sign that could provide an impedance to the rally. Bitcoin Miners’ Position Index Has Shot Up Recently As pointed out by an analyst in a CryptoQuant post, miners may be putting…
[Jan 16, 2023 5:00 AM] The collapse of FTX triggered a historic event for the Bitcoin market. In late November, the hash ribbons indicator signaled the beginning of a second wave of Bitcoin miner capitulation within one cycle. As NewsBTC reported, the hash rate dropped…
[Jan 15, 2023 11:56 PM] The Bitcoin Fear and Greed Index reached an index score of 52 over the weekend, marking the first time its hit neutral territory in three quarters.
[Jan 15, 2023 8:56 PM] Bitcoin price climbed further higher above $21,000. BTC is rising and might aim a move towards the $22,000 resistance zone in the near term. Bitcoin climbed further higher above the $20,000 and $20,500 resistance levels. The price is trading above…
[Jan 15, 2023 7:37 AM] The crypto market has started the year 2023 with a remarkable, bullish run. Over the last few days, several assets have recorded significant profits and are starting to pull through the crypto winter. Most notably, Bitcoin, the market leader and…
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