Bitcoin, likewise other cryptos, have had a hard seven days. So investors across the crypto have understandably been wary of the market and any investments at this point. This has played out in the way the digital assets have done in the market. Various dips have put the market into what looks like a long-suffering…
Bitcoin price is trading in the mid-$40,000 range, unable to get through $50,000 but still holding strong the higher the recovery goes. The series of higher lows continues, potentially creating another base for the cryptocurrency to blast off from. This base would mark the third out of four before the “selling point” according to how…
Bitcoin analyst says new ATH in October is likely as on-chain data shows stablecoins may have started to pump into BTC. Stablecoins Reserve Starts Moving Down, Bitcoin To Reach New ATH In October? As explained by an analyst on CryptoQuant, after staying at highs, the stablecoins reserve has finally started a decline. Based on this…
Bitcoin price remains well supported above the $47,000 zone against the US Dollar. BTC must clear $48,500 to start a decent increase towards the $50,000 level. Bitcoin corrected lower after it failed to clear the $48,500 resistance zone. The price is still trading above $47,000 and the 100 hourly simple moving average. There was a…
Because Bitcoin is the first ever cryptocurrency, it often has a cult-like following of investors who won’t touch an altcoin no matter the potential ROI or promise behind the technology. But the recent alt season has investors in profit from the bull run converting BTC into other coins in search of better performance. After such…
Bitcoin is moving sideways in lower timeframes as the crypto markets continue to run without a clear direction. The first cryptocurrency by market cap trades at $47,837 with a 1.2% loss in the daily chart. BTC moving sideways in the daily chart. Source: BTCUSD Tradingview BTC’s price has been moving in a tight range during…
Bitcoin price started a steady increase above the $47,000 resistance against the US Dollar. BTC even broke $48,000 and it might continue to rise in the near term. Bitcoin started a steady increase above the $46,000 and $47,000 resistance levels. The price is now trading above $47,000 and the 100 hourly simple moving average. There…
Bitcoin transaction fees are usually an indication of how holders are moving their coins around. When the network gets congested due to a high number of transactions, the transaction fees go up, indicating a high volume of traffic on the network. Transaction traffic usually is high around bull markets when the price of the digital…
The Bitcoin golden cross, a signal that has traditionally been a bullish indicator, is now official, according to a capital manager. The Famous Bitcoin Golden Cross Now “Official” According to a capital manager on Twitter, the Bitcoin golden cross is now official. This is only the eighth time in the history of the coin that…
Bitcoin price started a decent increase above the $46,000 resistance against the US Dollar. BTC is now back above $47,000, but it is facing hurdles near $47,600. Bitcoin started a steady increase above the $45,600 and $46,200 resistance levels. The price is now trading above $46,500 and the 100 hourly simple moving average. There was…