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A handful of on-chain metrics suggest that Bitcoin could be close to bottoming, and if true, the eventual relief rally could induce sharp gains from altcoins. Go to Source Powered by WPeMatico
“We didn’t make money, but we definitely made new friends,” said Lavar Sanders, who originally purchased the Bitcoin in 2016. Go to Source Powered by WPeMatico
The 200-week moving average is back on the menu for BTC/USD, but altcoins are shining as the week ends. Go to Source Powered by WPeMatico
This week has been rather bullish for most digital assets as the market continues to show splendid recovery after hitting its bottom on June 18th. Bitcoin price is up over 3% today, trading at $21.2k, Ethereum price managed to close in at $1.2k, BNB is up over 12% this week, trading above $240, XRP saw … Read more
Bitcoin edged marginally higher on the last Friday of the month, breaking out of its recent resistance of $21,100 in the process. ETH was also in the green during today’s session, climbing by nearly 5% to move past a price ceiling of its own. Bitcoin Following a turbulent week of trading, BTC was once again … Read more
Investigative work argues that on-chain metrics are proving miners have capitulated, while whales appear to be lone Bitcoin dip-buyers. Go to Source Powered by WPeMatico
The price of Bitcoin continued to fall yesterday, dropping as much as 2.9 percent to $20,244. BTC is currently trading at $20,357.77, a slight improvement from yesterday. Notably, it is moving in tandem with the weakening stock market due to concerns about a global recession. Controversies on the Bitcoin Launch Timing Satoshi Nakamoto started working … Read more
Investors need a plan to cater for every eventuality, as analysts still focus on $16,000 as a downside target. Go to Source Powered by WPeMatico
ETH price faces headwinds from bearish technicals coupled with strong Ethereum investment outflows. Go to Source Powered by WPeMatico
Following yesterday’s drop in price, bitcoin stabilized during Thursday’s session, as prices hovered marginally below $21,000. Bulls are attempting to take BTC back towards this resistance level, which was broken as a result of Wednesday’s sell-off. Bitcoin BTC was trading marginally below $21,000 on Thursday, as prices slightly rebounded following declines on hump day. Following … Read more