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Bitcoin Price Starts Recovery But Can Bulls Clear This Hurdle?

[Aug 23, 2023 10:23 PM] Bitcoin price started a recovery wave above the $26,250 resistance. BTC could gain bullish momentum if there is a close above the $27,000 resistance. Bitcoin is slowly moving higher above the $26,250 support zone. The price is trading above $26,250…

Bitcoin Exchange Reserve Shoots Up, Pain Not Over Yet?

[Aug 23, 2023 12:00 PM] On-chain data shows the Bitcoin exchange reserve has shot up during the past day, indicating that more drawdown may be coming for the price. Bitcoin Exchange Reserve Has Registered A Large Increase A few days back, a crash shook both Bitcoin and…

Bitcoin Market Analysis: Key Price Levels And Metrics To Watch

[Aug 23, 2023 1:45 AM] As the Bitcoin market navigates the choppy waters around $26,000, there are several metrics to keep an eye on. After hitting a low of $25,374 yesterday, the bulls have managed to push the price back up, although the market remains in a vulnerable…

Will Bitcoin Show A Repeat Of The March Rebound?

[Aug 22, 2023 2:00 PM] Will Bitcoin observe a repeat of the rebound that took place after the crash back in March? Here’s what this on-chain metric suggests. Bitcoin Short-Term Holder SOPR Is Showing A Pattern Similar To March As an analyst in a CryptoQuant post…

XRP About-Face Sparks Another Descent – What Lies Ahead?

[Aug 22, 2023 3:40 AM] XRP, the cryptocurrency known for its ties to Ripple, has recently faced a bout of volatility in the market. The coin’s value, currently hovering around $0.517 according to CoinGecko, experienced a 1.0% decline in the past 24 hours alone…

Will Bitcoin Retest $20,500 Again? This Pattern May Suggest So

[Aug 21, 2023 12:00 PM] Bitcoin is forming a pattern that has historically led to the asset retesting a specific line. At present, this level would be found at $20,500. Bitcoin Has Dropped Below The 200-Day SMA With The Recent Crash A few days back, Bitcoin observed a…