Bitcoin price is still well below its former record, but the top cryptocurrency by market cap at the time of this writing is making another attempt to reclaim lost support near all-time highs set earlier in the year. The “retest” thus far is holding above a key level, and when compared to past peaks in…
On-chain data shows Bitcoin netflows are still deeply negative, a sign that means BTC remains bullish. This is despite the dip to $44k. Exchanges Observe Deeply Negative Bitcoin Netflow As per a CryptoQuant post, the Bitcoin netflow indicator has been deeply negative recently, suggesting that signs are still overall bullish for the market. Related to…
As Bitcoin shows bearish signs, on-chain activity suggests Ethereum could be on the way to reach its all-time-high before BTC. Ethereum To Reach Its All-Time-High Price Earlier Than Bitcoin? As pointed out by CryptoQuant CEO Ki Young Ju in a post, indicators could suggest ETH will reach its ATH quicker than BTC in the long…
Bitcoin price struggled to recover above the $46,000 resistance against the US Dollar. BTC could continue lower below the $44,200 support zone in the near term. Bitcoin is facing a major resistance near the $45,500 and $46,000 levels. The price is now trading below $45,000 and the 100 hourly simple moving average. There is a…
When Bitcoin price is in an uptrend or a downtrend, it is usually obvious and undeniable due to just how powerful things can move. For example, the cryptocurrency soared from $3,800 to $65,000 during the most recent impulse. Although there was a large setback, a trend-identifying indicator created by the “Father of Trend Following” suggests…
Bitcoin price failed to stay above the key $45,000 support zone against the US Dollar. BTC is showing a few bearish signs and it could correct lower to $40k. Bitcoin extended its decline below the $45,500 and $45,000 support levels. The price is now trading below $46,000 and the 100 hourly simple moving average. There…
Bitcoin price failed to clear $48,000 and corrected lower against the US Dollar. BTC is likely to extend its decline if it breaks the $45,000 support zone. Bitcoin started a fresh decline after it failed to clear the $48,000 resistance. The price is now trading below $47,000 and the 100 hourly simple moving average. There…
Bitcoin price started a fresh increase from the $45,500 support against the US Dollar. BTC is likely to accelerate higher above the $48,000 resistance zone. Bitcoin is trading nicely above the $45,500 and $46,500 resistance levels. The price is now trading below $47,000 and the 100 hourly simple moving average. There is a major bullish…
Bitcoin price is near $50,000 and everyone wants as much of the ultra-scarce cryptocurrency as they can. Investors have been known to sell their homes or take other wild risks to get their hands on some. However, there are ways to get BTC for every little effort, or by doing mundane, everyday things like shopping…
Meet “The Bitcoin Family” that lives a decentralized nomad life solely on Bitcoin. 43-year-old Didi Taihuttu has a wife and three kids. They are known as the family that liquidated all their assets in 2017 to buy Bitcoin back when it was trading at around $900. Taihuttu is a true example of a Bitcoin enthusiast. According…