bottom – DIGIT INFO

‘Buy the dip’ mentions on social platforms surge as Bitcoin stumbles

DIGIT — Thu, 04 Jul 2024 03:00:54 +0000

Mentions of “buy the dip” on Reddit, X, 4chan and Bitcoin Talk doubled over the last two days as Bitcoin has fallen to lows unseen in months.

Go to Source

Crypto Supporters Sift Through the Graveyard of Technical Indicators That Failed to Predict Bitcoin’s Bottom

DIGIT — Tue, 27 Dec 2022 19:30:21 +0000

As the end of 2022 approaches, a great number of bitcoin proponents are questioning whether or not the bottom is in as far as the official end of the crypto winter is concerned. The current bitcoin bear run just entered the longest bottom formation since the 2013-2015 bitcoin bear market. Moreover, analysts note that most […]

Go to Source

After More Than 380 Days, Crypto Supporters Celebrate Surviving the Second-Longest Bitcoin Bear Market

DIGIT — Sun, 27 Nov 2022 00:00:40 +0000

On Saturday, members of the forum r/cryptocurrency discussed how the current bear market is now the second-longest bear market in the history of bitcoin prices. According to the forum post, the current crypto winter has lasted more than 380 days, just below the longest bitcoin downturn that took place during the 2013-2015 bear market, which […]

Go to Source

Bitcoin hodling activity resembles previous market bottoms: Glassnode

DIGIT — Mon, 18 Jul 2022 02:39:17 +0000

Bitcoin’s price had just topped $21,000 at the time of writing — meaning around 45% of BTC holders have an “on-paper loss,” according to Glassnode.

Go to Source

Will Bitcoin Fall to $13,800? — What an 80% Drawdown Will Look Like From Here

DIGIT — Wed, 15 Jun 2022 14:00:37 +0000

On Monday, June 15, 2022, the price of bitcoin tapped a low not seen since mid-December 2020 as the price hit $20,080 per unit. A large number of crypto supporters are debating whether or not the drop is the market’s bottom or if the fall could lead to deeper losses. At the time of writing, […]

Go to Source

Analyst Suggests Bitcoin’s Bottom Could Be $50K Assuming BTC Surpasses $200K This Cycle

DIGIT — Sat, 23 Oct 2021 17:30:48 +0000

The price of bitcoin in October has shown signs of a double-bubble similar to the bull run in 2013, and speculators have been trying to guess the leading crypto asset’s top. On October 20, cryptocurrency market analyst Justin Bennett discussed bitcoin’s possible price floor after it reaches the top. Bennett suggests the end of this […]

Go to Source

Fidelity Executive Believes Bitcoin’s Price ‘Bottom Is in’ After Last Month’s Market Carnage

DIGIT — Tue, 15 Jun 2021 17:00:29 +0000

On Monday, Jurrien Timmer, director of global macro at Fidelity and co-manager of the Fidelity Global Strategies Fund, told his 56,000 Twitter followers his perspective on the current bitcoin prices. “In my view, it looks like the bottom is in,” the Fidelity executive explained, sharing a BTC/USD chart. Fidelity’s Jurrien Timmer Attempts to Call Bitcoin’s […]

Go to Source

Investor Says Bitcoin Bull Run Is Not Just Getting Started, Run-up Is in the ‘Top of the 7th Inning’

DIGIT — Mon, 12 Apr 2021 16:30:31 +0000

While bitcoin’s price has been consolidating for quite some time now, every now and then bulls have tried to press the price past the psychological all-time high captured in March. Meanwhile, a few bitcoiners have been saying that the bull market is “just getting started” even though the price has multiplied in value quite a […]

Go to Source

Snowden Reacts to Bitcoin’s New Price Milestone — Whistleblower Tweets ‘One word: Bitcoin’

DIGIT — Wed, 16 Dec 2020 16:30:29 +0000

The price of bitcoin has just hit a historic milestone in a turbulent year, crossing the $20,000 threshold, refreshing its all-time high, and well-known crypto advocates such as Edward Snowden have been reacting to the news on social media. Snowden Reacts to Bitcoin All-Time Highs The famous American whistleblower published a brief but widely discussed […]

The post Snowden Reacts to Bitcoin’s New Price Milestone — Whistleblower Tweets ‘One word: Bitcoin’ appeared first on Bitcoin News.

Go to Source

Snowden Recalls His Bitcoin Comment Made During the Coronavirus-Driven Meltdown in Crypto Market

DIGIT — Mon, 07 Dec 2020 21:30:44 +0000

The famous American whistleblower, Edward Snowden, took to his Twitter account once again to talk about bitcoin. This time around, he confirmed on December 7, his call on the bottom that the crypto reached on March 12, 2020. Snowden Remembers His Call on Bitcoin’s Bottom in March 2020 Edward Snowden, a former Central Intelligence Agency […]

The post Snowden Recalls His Bitcoin Comment Made During the Coronavirus-Driven Meltdown in Crypto Market appeared first on Bitcoin News.

Go to Source