Bitcoin hits $38K as BTC price breaks above ‘line in the sand’ resistance
All eyes are on whether Bitcoin can flip $37,500 to support for a continuation of bullish momentum. Go to Source Powered by WPeMatico
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Pre-2019 Bitcoins now make up just 44% of the BTC active supply
Despite the May sell-off, strong hands are mostly holding firm at prices which seemed impossible two years ago. Go to Source Powered by WPeMatico
Bitcoin price D-Day starts ‘any moment’ says trader as BTC reclaims key level
This week is when volatility returns and a make or break moment for BTC/USD hits, traders believe. Go to Source Powered by WPeMatico
Bitcoin price bull run ‘starting to look like 2013’ after record red monthly candle
Long-term price forecasts based on stock-to-flow remain “intact,” says creator PlanB after last month’s record red candle. Go to Source Powered by WPeMatico
Veteran trader Peter Brandt sees Bitcoin crashing further after May’s 50% drop
Peter Brandt, a veteran financial analyst and trader, is questioning whether Bitcoin has more upside in the near term. Go to Source Powered by WPeMatico
Visualizing Bitcoin’s Future Price Cycles With the Power-Law Corridor Model
There’s a number of tools, charts, and models traders use to help them forecast bitcoin price cycles and our last article discussed leveraging the Golden Ratio Multiplier. The following editorial discusses another method of bitcoin price prediction analysis by utilizing Logarithmic Growth Curves. In September 2019, a comprehensive paper published by Harold Christopher Burger describes … Read more
Druckenmiller: Ethereum is ‘MySpace before Facebook’ while Bitcoin won as ‘Google’
Those with skin in the game are reiterating that comparing Bitcoin to Ethereum is a pointless and potentially costly exercise. Go to Source Powered by WPeMatico
2 Bitcoin price indicators suggest BTC has not bottomed yet
Traders are using a variety of strategies to determine whether Bitcoin price has bottomed, but on-chain activity and derivatives data hint that the situation remains precarious. Go to Source Powered by WPeMatico
Grayscale Bitcoin premium rebounds as BTC price falls below $35K — What does it mean?
A recent market outlook published by Glassnode shows institutions are returning to the Bitcoin market after May 19 crash. Go to Source Powered by WPeMatico
Bitcoin can still drop to $20K but holding remains winning strategy, data shows
A majority of Bitcoin investors that held the cryptocurrency during its turbulent periods stand profitable. Go to Source Powered by WPeMatico
