Bitcoin’s key momentum metric hints at bullish divergence as BTC clings to $33K
The RSI is seeing higher lows after rebounding from its oversold areas as Bitcoin price is forming lower lows. Go to Source Powered by WPeMatico
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The RSI is seeing higher lows after rebounding from its oversold areas as Bitcoin price is forming lower lows. Go to Source Powered by WPeMatico
A major dip to $20,000 is not expected, one trader says, but lower levels in general are still on the cards going into the weekend. Go to Source Powered by WPeMatico
Bitcoin bears could take a $31-million lead if BTC falls below $33,000 by Friday’s options expiry, but at the moment, both sides are balanced. Go to Source Powered by WPeMatico
There’s not much to be cheerful about when it comes to short-term BTC price action, the famous trader cautions. Go to Source Powered by WPeMatico
It’s January 2019 all over again as Bitcoin deviates from stock-to-flow’s estimates the most in two-and-a-half years. Go to Source Powered by WPeMatico
A test of support levels is on the cards after resistance takes control of Bitcoin’s latest attempt to hit $40,000. Go to Source Powered by WPeMatico
The Puell Multiple — and Bitcoin price — can still dip further before a rebound takes hold, cautions analyst Rekt Capital. Go to Source Powered by WPeMatico
Ahead of the major GBTC unlocking event, it seems institutions and retail alike have cold feet about $34,000 Bitcoin. Go to Source Powered by WPeMatico
Double-figure returns not uncommon for altcoins on Tuesday, with Bitcoin facing major resistance on its way towards $40,000. Go to Source Powered by WPeMatico
The upcoming record difficulty drop means mining Bitcoin is about to get a lot more profitable while hash rate slowly returns to the network, Glassnode predicts. Go to Source Powered by WPeMatico