Price analysis 6/2: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, ICP, BCH
Altcoins are picking up steam as the relief rally in Bitcoin and Ether gains traction. Go to Source Powered by WPeMatico
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Bitcoin Stock-to-Flow Model Still Intact — ‘Starting to look like 2013’ S2F Creator Says
The creator of the popular bitcoin price model called stock-to-flow (S2F or S2FX) has added a new dot to his notorious chart. Plan B said on Tuesday that “we knew bitcoin would not go up in a straight line” and added that the market action is “starting to look like 2013.” S2FX ‘Intact’ Says Plan … Read more
Bitcoin rejects near $37.5K, on-chain data shows capitulation from short-term holders
On-chain data shows short-term Bitcoin holders continue to capitulate while long-term investors have been buying the dip in anticipation of the market moving higher. Go to Source Powered by WPeMatico
How relevant is the $900M open interest on Bitcoin options above $100K?
Pro traders have been buying ultra bullish Bitcoin $100,000 to $200,000 options, but how confident are they that these targets will be achieved? Go to Source Powered by WPeMatico
Price analysis 5/31: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, ICP, BCH
Bitcoin and altcoins are attempting to start a relief rally, suggesting traders have decided to start buying at lower levels. Go to Source Powered by WPeMatico
Worst month for BTC price in 10 years: 5 things to watch in Bitcoin
Strong hands are hodling stronger than ever as May 2021 lines up to be the worst May ever for Bitcoin. 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
Top 5 cryptocurrencies to watch this week: BTC, MATIC, EOS, XMR, AAVE
MATIC, EOS, XMR and AAVE could rally higher over the coming days if Bitcoin price can sustain within the $30,000 to $33,000 support zone. Go to Source Powered by WPeMatico
Bitcoin’s Price Regains Some Losses, Signals Still Show Indecisive Crypto Markets
Digital currency market prices have been dropping during the last few days as the crypto economy now rests at $1.53 trillion in value. Crypto trade volumes have increased a hair on Sunday, and a few crypto assets have seen decent percentage gains over the course of the last seven days. Crypto Market Prices Consolidate While … Read more
Analyst says reclaiming $37,500 is Bitcoin’s crucial ‘line in the sand’
According to analysts from Decentrader, Bitcoin needs to quickly reclaim the $37,500 level and ETH needs to hold $2,300 as support to avoid bull-market-ending price action. Go to Source Powered by WPeMatico
