3 reasons why the Bitcoin dominance metric is a flawed indicator
Bitcoin dominance rate is a metric cited by many when forecasting altcoin and BTC rallies but is the indicator reliable? Go to Source Powered by WPeMatico
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Bloomberg: Correlation between Bitcoin and gold reaches its highest level in 10 years
But that may not mean what you think it means. Go to Source Powered by WPeMatico
Ethereum can reach $500 for the first time since 2018 — Here’s how
Ether price is resting at a crucial level and holding it means the rally to new yearly highs can resume. Go to Source Powered by WPeMatico
Stocks may push Bitcoin to $10.8K, says trader as USD bull run falters
The U.S. dollar currency index caps six days of gains with fresh resistance, while stocks could give Bitcoin a fresh boost, says Michaël van de Poppe. Go to Source Powered by WPeMatico
“It’s about to get very interesting” says Bitcoin stock-to-flow model creator
As if 2020 didn’t already have folks on the edge of their seats. Go to Source Powered by WPeMatico
These 3 key indicators signalled Bitcoin price reached a $12K top
Bitcoin’s dominance rate dropped to a 14-month low before last week’s double-digit correction, possibly a sign that the market was overheating. Go to Source Powered by WPeMatico
Bitcoin options data shows traders anticipate BTC price to fall soon
After a 17% drop in the Bitcoin price within a seven-day span, options market data shows investors are turning cautious. Go to Source Powered by WPeMatico
Bitcoin ‘plankton’ wallets hit record — plus 4 more bullish BTC charts
Both big and small hodlers are amassing BTC, statistics confirm, a trend which has only accelerated as the United States prints more dollars. Go to Source Powered by WPeMatico
New Bitcoin-stablecoin metric reveals ‘intense’ buy pressure — analyst
Bitcoin is seeing continued “intense buy pressure,” says CryptoQuant, as $10,000 proves attractive for market entrants. Go to Source Powered by WPeMatico
Bitcoin price charts hint at double-bottom, relief rally to $10,800
Bitcoin has been clinging to the key $10,000 BTC price level all weekend as technical factors point to a short-term relief rally. Go to Source Powered by WPeMatico