Bearish sentiment may soon abate according to Coinshares and Bitcoin metrics
Despite last week’s institutional Bitcoin outflows of $55 million, negative sentiment could be on the wane. Go to Source Powered by WPeMatico
Bitcoin Analysis
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Bitcoin crash ahead? Expert warns higher inflation could whip BTC price to $30K
The warning appears against the U.S. Federal Reserve’s intention to tighten its asset purchasing program rapidly, followed by three rate hikes in 2022. Go to Source Powered by WPeMatico
‘Dip’ ‘Buy’ and ‘Fed’ top trending topics on social media, per survey
Panic sellers hold your horses because dips are still for buying, according to data from Santiment behavior analysis. Go to Source Powered by WPeMatico
Bitcoin Twitter flips bearish, community responds
Prices of $42,000 per Bitcoin were more than enough ammunition for well-known Bitcoin bears to reload. Go to Source Powered by WPeMatico
Happy Birthday, Bitcoin! Industry players share a few words
Bitcoin’s genesis block was mined 13 years ago today! Go to Source Powered by WPeMatico
Bitcoin ‘death cross’ that pushed BTC price to $28.8K reappears
The bearish crossover between Bitcoin’s 20-day and 200-day exponential moving averages hints at a drop toward the $40,000-$42,000 area. Go to Source Powered by WPeMatico
Long-term Bitcoin holders at multi-year high: Glassnode
The analytics provider reported that long-term BTC holders are reducing their spending, and adding to positions. Go to Source Powered by WPeMatico
Bitcoin price in classic ‘Bull Pennant’ breakout as BTC whales go on buying spree
The latest BTC price jump above $65,000 has all the signs of a classic bullish breakout. Go to Source Powered by WPeMatico
Bitcoin hodling rate reaches 9-month high, boosting hopes of ‘bull flag’ rally to $70K
The number of “hodled” and presumably lost Bitcoin tokens continues to surge in sync with the BTC price. Go to Source Powered by WPeMatico
Roughly 11,000 entities represent 55% of Bitcoin’s on-chain volume
The report also found that one-tenth of all Bitcoin miners control 90% of network hash rate. Go to Source Powered by WPeMatico
