Last week, Bitcoin sentiment shifted to greed for the first time in four months, but has since fallen back down into fear territory amid the current geopolitical and macro uncertainties. Bitcoin Fear And Greed Index Slips Down From Four Month High As per the latest weekly report from Arcane Research, the crypto market sentiment has…
Bitcoin was rejected once more as it approached the mid area around its current levels. The first crypto by market cap has been trending to the upside over the past week but has been unable to break above critical resistance. Related Reading | TA: Ethereum Eyes Key Upside Break, $3K Holds The Key As of…
Bitcoin attempted a move towards $45,000 but failed against the US Dollar. BTC is correcting lower, but dips might be limited below $42,800. Bitcoin extended increase above $44,000 before it faced sellers. The price is trading above $43,500 and the 100 hourly simple moving average. There was a break below a short-term rising channel with…
On-chain data shows the Bitcoin leverage ratio has gone down recently as market de-risks amid macro uncertainties. Bitcoin Leverage Ratio Sharply Falls Down Over The Past Week According to the latest weekly report from Glassnode, the BTC futures open interest leverage ratio has decreased in the last week as investors de-risk their holdings. The “futures…
Bitcoin is recovering losses and trading above $43,000 against the US Dollar. BTC must clear $43,800 to continue higher in the near term. Bitcoin found support near $41,600 and started a fresh upward move. The price is trading above $43,000 and the 100 hourly simple moving average. There was a break above a key bearish…
On-chain data shows the Bitcoin exchange whale ratio has spiked up recently, a signal that shows dumping may be going on in the market. Bitcoin Exchange Whale Ratio Surges Up As Price Declines As pointed out by an analyst in a CryptoQuant post, the BTC exchange whale ratio has risen to very high values recently.…
Bitcoin has been moving sideways during the past week with a 0.7% profit as it trades at $42,709. The first crypto by market cap has held on to critical support as it was rejected at the mid area of its current levels. Related Reading | Ukrainian Defense Efforts Bolstered By Crypto Donations BTC with minor…
The Bitcoin price range has become significantly more subtle over the last several months as it has grown in popularity as a cryptocurrency. It is currently valued at $42,398.83 as of Sunday. On Saturday, the BTC/USD exchange rate increased by 7.07%. Bitcoin ended the day at $42 414, up 3.54% from Wednesday’s low. According to analysts,…
Bitcoin failed again to clear the $45,500 resistance zone against the US Dollar. BTC is declining and remains at a risk of more losses below $42,500. Bitcoin attempted another upside break above $45,500 but failed. The price is trading below $43,500 and the 100 hourly simple moving average. There was a break below a key…
Data shows the Bitcoin market has turned greedy again after almost three months of fear sentiment among investors. Bitcoin Market Becomes Greedy Again After Almost Three Months Of Fear The relevant indicator here is the “fear and greed index,” which tells us what the general sentiment among investors currently is. The metric uses a numeric…