In a surprising turn of events, Bitcoin (BTC) has once again defied expectations by reaching a new yearly high, igniting speculation about whether it can break the $40,000 milestone. After a brief consolidation phase, the leading cryptocurrency has regained its bullish momentum, soaring to a peak of $38,000 before retracing to its current trading level…
A pattern in the supply of the Bitcoin long-term holders could provide some hints about when the next bull run might begin in earnest. Bitcoin HODLer Balance Has Followed A Specific Pattern In Previous Cycles According to the market intelligence platform IntoTheBlock, the supply of the BTC HODLers is “an excellent indicator for measuring market…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms…
After breaking above a crucial resistance level, Bitcoin (BTC) is attempting to retest this area as support to potentially challenge new highs. An analyst affirmed that this reclaim holds the keys for the flagship crypto’s next major move. Related Reading Bitcoin Weekly Close Eyes New Targets Over the past 24 hours, Bitcoin has reclaimed the…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms…