Bitcoin analyst says ‘supply shock’ underway as BTC withdrawal rate spikes to one-year high
The supply shock is being unnoticed similar to Q4 2020 before the price of Bitcoin skyrocketed, says Willy Woo. Go to Source Powered by WPeMatico
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The supply shock is being unnoticed similar to Q4 2020 before the price of Bitcoin skyrocketed, says Willy Woo. Go to Source Powered by WPeMatico
Altcoins continue to move higher as Bitcoin trades in a predictable range but it’s still too early to know if the market is flashing any strong buy signals. Go to Source Powered by WPeMatico
Bitcoin may pick up momentum in the next few days and select altcoins ETH, UNI, ICP, and AAVE could also rally along. Go to Source Powered by WPeMatico
The ongoing Bitcoin downside correction is strikingly similar to its price action in June-December 2019. Go to Source Powered by WPeMatico
Bitcoin and altcoins are witnessing selling near key overhead resistance levels, but a shallow pullback may suggest further upside is in store. Go to Source Powered by WPeMatico
Select altcoins are looking to capitalize on Bitcoin’s range-bound trading below the 20-day moving average. Go to Source Powered by WPeMatico
Bitcoin’s consolidation in the current range could create trading opportunities for ADA, SOL, MATIC and KLAY over the coming days. Go to Source Powered by WPeMatico
Sellers are jumping on top of every breakout from Bitcoin and altcoins, indicating that the bears are in no hurry to let go of their advantage. Go to Source Powered by WPeMatico
The swift rebound in Bitcoin and altcoins indicates strong accumulation occurring at lower levels. Go to Source Powered by WPeMatico
Bitcoin and altcoins are reaching critical support levels, but instead of buying the dip, traders are waiting to see if any bullish signals emerge. Go to Source Powered by WPeMatico