3 Bitcoin Price Metrics Just Converged — A Bull Run Has Always Followed
A basket of one quant analyst’s favorite metrics is still overly bullish, casting aside this week’s Bitcoin price drop. Go to Source Powered by WPeMatico
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Bitcoin Traders Now Eye $6-7Ks After 4 Failed Attempts to Break $10K
The price of Bitcoin is set to test lower levels as support after numerous attempts to break $10,000 have failed. Go to Source Powered by WPeMatico
Bitcoin Price Drop to $8.9K Raises Fear of a New Bear Trend Beginning
Bitcoin is at risk of testing lower supports in the $6.8K to $8.5K range following today’s drop below $9K Go to Source Powered by WPeMatico
5 Key Reasons Bitcoin Price Fell From $9,800 to $9,200 Overnight
Long liquidations on BitMEX, the false Satoshi narrative, expanding options market and an uptick in miner selling were behind abrupt Bitcoin price drop from $9,800 to $9,200 Go to Source Powered by WPeMatico
People Are Removing the Most Bitcoin From Exchanges Since 2018 Bottom
Exchange reserves hit an 18-month bottom while miners keep selling despite lower revenues after the halving. Go to Source Powered by WPeMatico
Miner Revenues Crash, But This Has Always Marked Bitcoin Price Bottoms
The drop-off in Bitcoin mining revenue to 2019 levels show a macro bottom for BTC is near as the impact of the halving is starting to be felt. Go to Source Powered by WPeMatico
Bitcoin Price Drops 5% After Rejecting at Key $9,900 Resistance
Bitcoin price dropped nearly 5% after rejecting at a key resistance level again, is it a buy the dip opportunity? Go to Source Powered by WPeMatico
Grayscale’s Bitcoin Holdings Pass $3 Billion, Growing 76% Year-on-Year
American digital asset management fund Grayscale has continued to grow, with the total assets under management hitting $3.8 billion. Go to Source Powered by WPeMatico
Bitcoin Price Past $10K? It Only Needs 0.7% of US Stimulus Check Money
With a second stimulus check handout on the way, less than 1% of the $478 billion in cash is needed to buy up the entire year’s Bitcoin supply. Go to Source Powered by WPeMatico
Bitcoin Just Painted a ‘Golden Cross’ But Is $10,500 Now Achievable?
The recent golden cross between key moving averages has Bitcoin traders wondering if a strong upside move to $10,500 is in the making. Go to Source Powered by WPeMatico