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BTCUSDT – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Mon, 11 Oct 2021 15:57:31 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png BTCUSDT – DIGIT INFO https://www.digit.info 32 32 Bitcoin’s $100K price target returns as BTC price breaks out of bull pennant https://www.digit.info/bitcoins-100k-price-target-returns-as-btc-price-breaks-out-of-bull-pennant/ Mon, 11 Oct 2021 15:57:31 +0000 https://www.digit.info/2021/10/11/bitcoins-100k-price-target-returns-as-btc-price-breaks-out-of-bull-pennant/

The bullish analogy appears as Bitcoin reserves across all the crypto exchanges fall to their lowest in the previous 12 months, suggesting holding sentiment among traders.

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Here’s why Bitcoin mining stocks have been outperforming BTC price in 2021 https://www.digit.info/heres-why-bitcoin-mining-stocks-have-been-outperforming-btc-price-in-2021/ Tue, 28 Sep 2021 14:36:07 +0000 https://www.digit.info/2021/09/28/heres-why-bitcoin-mining-stocks-have-been-outperforming-btc-price-in-2021/

One of the crypto mining stocks delivered more than 1,600% returns year-over-year (YoY) while Bitcoin’s gains in the same period came out to be around 290%.

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Bitcoin jumps toward $49K amid fears 5%-plus inflation is here to stay https://www.digit.info/bitcoin-jumps-toward-49k-amid-fears-5-plus-inflation-is-here-to-stay/ Sun, 19 Sep 2021 00:49:46 +0000 https://www.digit.info/2021/09/19/bitcoin-jumps-toward-49k-amid-fears-5-plus-inflation-is-here-to-stay/

The rush to so-called safe-haven cryptocurrency appears despite concerns that the Federal Reserve would taper its $120 billion a month asset purchasing program.

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Bitcoin’s sharp fall from $50K linked to stronger US dollar, gold correlation shows https://www.digit.info/bitcoins-sharp-fall-from-50k-linked-to-stronger-us-dollar-gold-correlation-shows/ Wed, 08 Sep 2021 12:45:15 +0000 https://www.digit.info/2021/09/08/bitcoins-sharp-fall-from-50k-linked-to-stronger-us-dollar-gold-correlation-shows/

The sell-off in the Bitcoin market, in particular, intensified due to excessively leveraged bullish bets.

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Bitcoin’s key momentum metric just flashed bearish with BTC price pinned under $50K https://www.digit.info/bitcoins-key-momentum-metric-just-flashed-bearish-with-btc-price-pinned-under-50k/ Sun, 29 Aug 2021 12:53:41 +0000 https://www.digit.info/2021/08/29/bitcoins-key-momentum-metric-just-flashed-bearish-with-btc-price-pinned-under-50k/

The relative strength index is making lower highs while correcting from its overbought area.

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Bitcoin futures open interest at 3-month highs — But will it be enough to overcome $50K? https://www.digit.info/bitcoin-futures-open-interest-at-3-month-highs-but-will-it-be-enough-to-overcome-50k/ Thu, 26 Aug 2021 10:36:10 +0000 https://www.digit.info/2021/08/26/bitcoin-futures-open-interest-at-3-month-highs-but-will-it-be-enough-to-overcome-50k/

The indicators, coupled with a strong bid momentum versus the offers, suggest that the Bitcoin price could push above $50,000 in the coming sessions.

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Bitcoin ‘sell the rally’ indicator flashes again as BTC price breaks below $45K https://www.digit.info/bitcoin-sell-the-rally-indicator-flashes-again-as-btc-price-breaks-below-45k/ Thu, 12 Aug 2021 15:17:42 +0000 https://www.digit.info/2021/08/12/bitcoin-sell-the-rally-indicator-flashes-again-as-btc-price-breaks-below-45k/

An on-chain indicator, notorious for spotting fake bullish breakouts during downside corrections, flashes again.

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Bitcoin hits $45K ahead of July inflation report, but one fractal hints at looming correction https://www.digit.info/bitcoin-hits-45k-ahead-of-july-inflation-report-but-one-fractal-hints-at-looming-correction/ Sun, 08 Aug 2021 09:42:55 +0000 https://www.digit.info/2021/08/08/bitcoin-hits-45k-ahead-of-july-inflation-report-but-one-fractal-hints-at-looming-correction/

The flagship cryptocurrency hits its highest level in more than two months as inflation is expected to rise by another 0.5% in July.

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Bitcoin could be on the verge of a big breakout at $42K, hodler activity suggests https://www.digit.info/bitcoin-could-be-on-the-verge-of-a-big-breakout-at-42k-hodler-activity-suggests/ Fri, 06 Aug 2021 14:16:16 +0000 https://www.digit.info/2021/08/06/bitcoin-could-be-on-the-verge-of-a-big-breakout-at-42k-hodler-activity-suggests/

$42,000 is becoming an increasingly important battleground for Bitcoin bulls and bears.

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3 reasons why Bitcoin can suddenly explode to a new $50K-$65K range https://www.digit.info/3-reasons-why-bitcoin-can-suddenly-explode-to-a-new-50k-65k-range/ Tue, 03 Aug 2021 14:20:00 +0000 https://www.digit.info/2021/08/03/3-reasons-why-bitcoin-can-suddenly-explode-to-a-new-50k-65k-range/

Analyst Willy Woo highlights three on-chain indicators that track the flow of Bitcoin tokens across wallets, each illustrating why the benchmark cryptocurrency could explode higher.

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