A ‘snap back’ to $20K? 5 things to know in Bitcoin this week
Bitcoin is seeing split opinions as major $25,000 resistance combines with early signs that all is not well with the BTC price rally. Go to Source Powered by WPeMatico
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Bitcoin’s bullish price action continues to bolster rallies in FIL, OKB, VET and RPL
BTC’s shallow correction near the $25,000 level could lead to dip buying in FIL, OKB, VET and RPL. Go to Source Powered by WPeMatico
Bitcoin Continues to Record Blocks Above the 3.75 MB Range as Ordinal Inscriptions Near 150,000
As Ordinal inscriptions approach the 150,000 mark, blocks larger than 3 MB have become commonplace, with many blocks near the 4 MB range. Meanwhile, after the average transaction fee on-chain rose 122% higher at the beginning of February 2023, the average fee has remained the same over the last few weeks and is currently coasting … Read more
Metaverse, AI, and Liquid Staking Tokens Lead Year-to-Date Crypto Asset Gains Among Top 125
In 2023, the leading crypto assets, such as bitcoin and ethereum, have captured decent gains. Bitcoin has increased 17.2% over the last 30 days, and ethereum has risen 9.3% in the same timeframe. However, year-to-date statistics show that bitcoin is down 38.3%, and ethereum has lost 39.3% against the U.S. dollar. The following presents a … Read more
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,700, as Markets Rebound on Saturday
Ethereum was once again trading above $1,700 to start the weekend, as cryptocurrencies rebounded from Friday’s decline. The global crypto market cap rallied in today’s session, as bulls moved to buy yesterday’s dip. Bitcoin was also back in the green, with prices nearing the $25,000 mark. Bitcoin Bitcoin (BTC) moved toward the $25,000 mark on … Read more
Bitcoin faces do-or-die weekly, monthly close with macro bull trend at stake
Bitcoin monthly RSI provides a window of hope as BTC bulls battle multiple long-term resistance trend lines at once in February. Go to Source Powered by WPeMatico
Ethereum on-chain data suggests ETH sell pressure could be a non-event after the Shanghai upgrade
A recent Binance report details the status of Ethereum staking and explores why the Shanghai upgrade may not result in the ETH sell pressure some traders have predicted. Go to Source Powered by WPeMatico
Bitcoin levels to watch as BTC price rejects at key $25K trendline
It’s all about a sea of Bitcoin resistance around $25,000 as the week draws to a close, but some favor the good times continuing. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $25,000 Following Recent Surge
Bitcoin fell below the $25,000 mark on Friday, as markets moved into consolidation, following recent gains. Prices fell by almost $1,700 in the last 24 hours, with the global cryptocurrency market cap down 1.89% as of writing. Ethereum also dropped, after breaking into the $1,700 level on Thursday. Bitcoin Bitcoin (BTC) fell sharply below a … Read more
Bitcoin metric prints ‘mother of all BTC bullish signals’ for 4th time ever
The Bitcoin dollar cost average (DCA) indicator is firmly in “raging” bull market territory, while analysts consider whether its signals are too good to be true. Go to Source Powered by WPeMatico