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Bitcoin Price Action in October: A Probabilistic Overview

[Oct 2, 2023 10:00 PM] October has traditionally been a pivotal moment for Bitcoin’s price action. Historical data shows an enticing average price increase of 17% for the month (excluding the early, volatile years of Bitcoin). In pre-halving years, this average…

Bitcoin MPI Forms Death Cross, End of The Rally?

[Oct 2, 2023 12:00 PM] On-chain data shows the Bitcoin Miners’ Position Index (MPI) has formed a death cross recently, a sign that the asset’s rally may end. Bitcoin MPI Has Formed A Bearish Crossover Recently As pointed out by an analyst in a CryptoQuant…

Solana Rebound Potential: Is $30 The Next Target?

[Oct 2, 2023 3:42 AM] Solana (SOL) has been on an impressive winning streak, with its price chart resembling the formation of an inverted head and shoulders pattern, a bullish technical indicator signaling potential upward momentum. This surge in SOL’s value has…

Bitcoin Price Skyrockets Past $28,000, Here’s Why

[Oct 2, 2023 2:00 AM] The Bitcoin price trajectory has once again taken a sharp upward turn, marking its ascent past the $28,000 landmark for the first time since its notable surge on August 29. This prior leap had been attributed to Grayscale’s triumph over the…

Bitcoin Bulls Aim Big After Recent Surge To $28K

[Oct 1, 2023 9:49 PM] Bitcoin price rallied above the $27,500 resistance. BTC is consolidating near $28,000 and might start a minor downside correction in the near term. Bitcoin gained pace above the $27,200 and $27,500 resistance levels. The price is trading above…

Bitcoin Surge Above $27,000 May Not Last, Here’s Why

[Sep 29, 2023 8:00 AM] Bitcoin has broken back above the $27,000 level during the past day, but if on-chain data is to go by, this surge may not last for long. Bitcoin Investors Are Taking Profits At Highest Rate In 3 Months According to data from the on-chain analytics…

Why Is Bitcoin Price Up Today? Insights From Leading Analysts

[Sep 29, 2023 2:10 AM] In the last 24 hours, the Bitcoin price experienced a significant surge of 2%, touching an intraday high of $27,320 yesterday. As of this writing, the BTC price hovered near the $27,000 mark. Why Is Bitcoin Price Up Today? Several analysts have…

Maker (MKR) Inks 20% Price Advance, Leads Top 50 Coins Today

[Sep 29, 2023 1:05 AM] Maker (MKR) is currently making waves in the cryptocurrency market with an impressive surge in value. Over the past month, MKR has exhibited remarkable growth, experiencing a substantial 40% increase in price. Today, the crypto flexes its muscle…

Bitcoin Price Breaks Higher, Is the Rally Just Getting Started?

[Sep 28, 2023 9:42 PM] Bitcoin price is gaining pace above the $26,700 resistance. BTC is consolidating above $26,800 and might continue to rise above the $27,200 resistance. Bitcoin gained pace above the $26,500 and $26,700 resistance levels. The price is trading above…

Under-The-Radar Altcoin Soars Over 260% – Here’s Why

[Sep 28, 2023 9:00 AM] The Loom Network (LOOM), a multichain interoperability platform geared towards scaling high-performance decentralized applications (DApps), has surprised many with a 264% rally in just a month. Adding to the excitement, the renowned crypto exchange…

Dogecoin Price Revival: How Increasing Demand At $0.060 Matters

[Sep 28, 2023 7:00 AM] Dogecoin (DOGE) has recently displayed resilience as it found substantial buying support at the $0.059 level, a zone that has remained unbreached on a daily candle close for nearly a year.  This newfound buying activity hints at a potential…

Bitcoin Bulls Keep Pushing But Faces Rejection, 100 SMA Is The Key

[Sep 27, 2023 9:26 PM] Bitcoin price attempted a fresh increase above the $26,500 resistance. However, BTC failed to settle above $26,700 and reacted to the downside. Bitcoin is still struggling to clear $26,500 and $26,700. The price is trading above $26,200 and the 100…

Bitcoin Bearish Signal: Long-Term Holders Deposit To Exchanges

[Sep 27, 2023 11:00 AM] On-chain data shows that Bitcoin long-term holders are making deposits to exchanges currently, something that could be bearish for the price. Bitcoin Exchange Inflow CDD Has Spiked Recently As explained by an analyst in a CryptoQuant Quicktake…

Polygon Price Speculation: Can MATIC Defend The $0.5 Threshold?

[Sep 27, 2023 8:00 AM] Polygon (MATIC) has been treading in the water for much of September, caught in a tight range that reflects the uncertainty gripping the cryptocurrency market. As the altcoin hovers around the $0.50 mark, traders are closely eyeing a significant…

Spot Bitcoin ETF: US Lawmakers Jump In With Demands For The SEC

[Sep 27, 2023 6:00 AM] Lawmakers in the United States have finally put their foot down and demanded that the US SEC Chairman approve Grayscale’s spot Bitcoin ETF proposal “immediately.” US Congress Imposes Spot Bitcoin ETF Immediate Approval A group of four members of…

Solana Bulls Struggle To Break $21 Barrier – What Lies Ahead?

[Sep 27, 2023 4:45 AM] Solana (SOL) has found itself in the midst of a price battle, with neither bulls nor bears able to establish dominance. The daily charts have revealed a story of indecisiveness, characterized by the formation of neutral doji candles. This…

Early Rejection Of 21Shares Spot Bitcoin ETF Sparks Concerns

[Sep 27, 2023 2:00 AM] The US Securities and Exchange Commission’s (SEC) early delay of the ARK 21Shares Spot Bitcoin ETF application has raised concerns in the crypto community about what this move might mean for the potential launch of any Spot Bitcoin ETF this year…