2021-7-12 14:10 |
The Puell Multiple bounces from its latest rare trip into the "buy" zone, and previously, BTC/USD has subsequently put in a macro bottom. origin »
Bitcoin price in Telegram @btc_price_every_hour
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Bitcoin’s Fear & Greed sentiment indicator fell to its lowest ever level, leading some analysts to suggest that $60,000 was the bottom for BTC. Does historical data agree?
2026-2-10 04:12 | |
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Prominent crypto analyst and researcher Willy Woo says the cryptocurrency market lodestar is yet to find a proper bottom based on historical trends. This suggests the worst part of the BTC drop may not be over.
2022-9-15 23:30 | |
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BTC bulls think the bottom is in, but a neutral-to-bearish price formation and the absence of a futures premium contradict their optimism.
2022-7-8 22:00 | |
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BTC traders are still searching for a bottom, but derivatives metrics show sentiment is negative and even the rally to $40,000 had little impact.
2021-7-6 19:37 | |
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Hedera Hashgraph (HBAR) is trading inside a descending parallel channel and bounced on its support line on June 22. Enjin Coin (ENJ) has created a double bottom pattern and broken out from a descending resistance line.
2021-7-3 13:48 | |
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The Puell multiple — and Bitcoin's price — can still dip further before a rebound takes hold, cautions analyst Rekt Capital.
2021-6-30 17:12 | |
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The chief investment officer of asset management firm Guggenheim, Scott Minerd, thinks he knows where the real bottom of bitcoin’s price is. He warns that the price of the cryptocurrency could fall to the $15K level.
2021-6-27 02:00 | |
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Today's on-chain analysis highlights the declining hashrate of the Bitcoin network, which correlates with the bearish trend of the BTC price. However, it turns out that there are still more new users taking advantage of the bottom to join the crypto market.
2021-6-26 15:30 | |
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Which coins have found the local bottom so far?
2021-6-23 14:12 | |
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Bitcoin (BTC) and ethereum (ETH) have created bullish hammer candlesticks. BTC has potentially reached the bottom of a bearish impulse. The post BTC, ETH, XRP, CHZ, HBAR, XMR, HNT — Tech Analysis, June 23 appeared first on BeInCrypto.
2021-6-23 11:25 | |
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Dip buyers stepped in as Bitcoin price fell to $29,000 but analysts caution that China’s crackdown on BTC mining and a lack of buy volume mean the crypto market has not found a bottom yet.
2021-6-23 01:45 | |
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The past month has been a frightening one for crypto investors around the globe. Bitcoin has, however, made a steady recovery in recent days after plunging from one of the biggest sell-offs in May. That begs the question: What comes next? No one can tell for sure.
2021-6-16 20:04 | |
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On Monday, Jurrien Timmer, director of global macro at Fidelity, told his 56,000 Twitter followers his perspective on the current bitcoin prices. “In my view, it looks like the bottom is in,” the Fidelity executive explained, sharing a BTC/USD chart.
2021-6-16 20:00 | |
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BeInCrypto looks at on-chain BTC data as it relates to miners. The difficulty ribbon compression, the hash ribbon, and the Puell multiple are analyzed. The post Bitcoin On-Chain Analysis: Mining Indicators Suggest BTC Close to a Bottom appeared first on BeInCrypto.
2021-6-15 15:01 | |
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Macro comparisons suggest that there’s no more room for dips on BTC/USD, suggests Jurrien Timmer.
2021-6-16 11:30 | |
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The price of Bitcoin has been bouncing this week, going from $31,000 on Tuesday to above $38,400 on Thursday. As of writing, BTC/USD is trading around $37,400. However, despite the jump, the price continues to be in the $30k-$40k range, and until either of the ends are breached, it is hard to pinpoint the direction […] The post Bitcoin Futures Backwardation: Reflection of “Weak Demand” or A Sign of “A Giga Bottom” first appeared on BitcoinExchangeGuide.
2021-6-11 16:25 | |
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No clear signal for Bitcoin’s price, except for uncertainty. Investors are puzzled as the first cryptocurrency by market cap follows crab-like price action. At the time of writing, BTC trades at $35,935 with sideways movement across the board.
2021-6-8 21:02 | |
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The masses cheered as Tesla CEO Elon Musk added the Bitcoin hashtag to his Twitter bio, and later revealed his company would accept BTC for purchases. Since then, however, the moon man himself has done enormous damage to the crypto bull market structure, and to investor’s bottom lines. Worst of all, Musk is weakening the […]
2021-6-4 18:00 | |
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The Bitcoin (BTC) price has been consolidating inside a symmetrical triangle pattern since reaching a local bottom on May 19. The post Bitcoin (BTC) Attempts Breakout From Short-Term Consolidation Pattern appeared first on BeInCrypto.
2021-6-3 09:55 | |
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Fund manager Brian Kelly says that the market is mispricing bitcoin and “when bitcoin gets that mispriced it is the sign of the bottom. ” He sees a string of “all positive things” that are reflected in the pricing of the cryptocurrency.
2021-6-3 03:30 | |
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Bitcoin bulls fell short of flipping the $38,000 level to support, and one analyst said on-chain data signals that BTC could see “a smaller drawdown.”
2021-6-3 01:00 | |
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Bitcoin bulls may get some respite from a derivatives market indicator that hints at a price bottom.
2021-5-26 15:30 | |
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Bitcoin and other cryptocurrencies had witnessed one of the worst trading sessions in recent times. Bitcoin Price Plunged from 42000$ to 30000$ during US Trading Sessions, Bitcoin price found an intraday bottom at 30,000$, BTC Price quickly bounced from this support and reached above 39000$ within few minutes.
2021-5-20 07:01 | |
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Bitcoin just went through potentially one of its worst days since March 2020. With a 50% correction in the weekly chart, the price has retraced to levels last seen in January 2021. But just as quickly as it fell, BTC’s price bounces back from a major psychological mark at $30,000. At the time of writing, […]
2021-5-20 21:07 | |
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Bitcoin price is likely forming a double bottom pattern near the $42,150 zone against the US Dollar. BTC is showing positive signs and it could climb towards $47,000. Bitcoin is finding a strong buying interest above the $42,000 and $42,150 support levels.
2021-5-18 06:08 | |
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It's all about Elon as Twitter provides the backdrop to an ongoing battle between hodlers and the “Dogefather.”
2021-5-18 11:51 | |
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Peter Brandt is bracing for bigger price drops as technical indicators suggest bulls will yet be spared an apocalyptic crash.
2021-4-24 15:00 | |
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Still licking its woods after a brutal weekend, Bitcoin has been able to maintain critical levels of support. At the time of writing, BTC’s price trades at $55. 318 with side movement in the past 24-hours.
2021-4-21 17:38 | |
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Bitcoin is expected to find a short-term bottom soon and resume its upward movement. Weekly BTC Close After creating a hanging man candlestick the week prior, BTC created a small bullish candlestick this week.
2021-4-5 09:27 | |
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Just recently, the onchain data and research company Glassnode published a report that introduces variations of Bitcoin’s Spent Output Profit Ratio (SOPR) and Market Value to Realized Value (MVRV) Ratio.
2021-3-17 20:00 | |
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Despite the drop, a bounce is already underway. Furthermore, it’s possible that BTC has already reached a local bottom. Divergence Spells Weakness The price has been moving downwards since March 13 when it reached a new all-time high price of $61,781.
2021-3-16 11:13 | |
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The ETH/BTC pair is showing signs of bottoming, but further consolidation should not be ruled out.
2021-3-10 17:01 | |
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Ethereum only just broke its former all-time high, while Bitcoin left took that record back in 2020. However, an investment in the top-ranked altcoin at any point since the 2018 bottom, has resulted in a much higher higher ROI than an equal part USD investment in BTC.
2021-1-26 23:00 | |
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Bitcoin and the entire cryptocurrency market have seen mixed price action throughout the past week It has mainly favored bears, with the selling pressure seen when BTC broke below $40,000 being quite significant This led the entire market to plunge lower, but bulls are now in the process of reversing this decline as they push […]
2021-1-13 19:00 | |
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XRP price fails to sustain momentum and slides below $0.50 despite BTC recovering above $19,000.
2020-12-14 18:00 | |
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Bitcoin surpassed $19,000 after bottoming out at $17,600 as traders anticipate a broader BTC rally.
2020-12-14 11:06 | |
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Bitcoin’s bullish trend continues to wow millions of people in the crypto community, but that’s not the case for Edward Snowden. Snowden is known as the most popular whistleblower. Now, Snowden is testing his skills in the crypto market, and it seems like he’s getting pretty good at it.
2020-12-8 00:45 | |
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The downward move is expected to continue until Bitcoin reaches at least one of the key support levels outlined below. Support Levels For Bitcoin On Nov. 27, BTC created a massive bearish candlestick, dropping from a high of $18,911 to a low of $16,218.
2020-11-27 13:10 | |
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Bitcoin price declined heavily, but it found support near $16,300 against the US Dollar. BTC is likely forming a double bottom pattern and it could rally if it clears $17,500. Bitcoin is holding the $16,300 support zone and trading above $17,000.
2020-11-27 06:48 | |
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Bitcoin has undergone its latest leg higher just recently, pushing to $19,450 on top exchanges. The coin now trades for $19,150 after a slight retracement. Analysts remain bullish as the chart remains bullish: a trader said that the coin just formed a tweezer bottom when it went to test the lows at $18,900.
2020-11-26 15:00 | |
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Bitcoin dominance is climbing as altcoins search for a new bottom in what may be the perfect set up for a BTC rally to new all-time highs.
2020-11-4 23:02 | |
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While Bitcoin has seen local volatility, the coin is in a tight range on a medium-term basis. The coin has traded between $10,000 and $11,000 over the past few weeks. BTC now trades for $10,650 as of this article’s writing, smack dab in the middle of the range.
2020-9-27 03:00 | |
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Several signs indicate that Bitcoin is potentially on the brink of a new bull market, and much higher prices are ahead. However, one seemingly bullish sign that investors are preparing for mark up, is actually at the same level as just prior to the collapse to the cryptocurrency’s bottom. Are looks this deceiving, and Bitcoin […]
2020-9-23 20:00 | |
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As Bitcoin attempts to find a bottom, altcoins continue to decline, opening up opportunities on the long and short side.
2020-9-21 22:20 | |
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Bitcoin is surging higher despite weakness in the altcoin market. The coin now trades at $11,000 as of this article’s writing, in excess of 10% above the lows. BTC is outperforming altcoins, including Ethereum, which is previously underperformed.
2020-9-17 04:00 | |
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Bitcoin has pressed higher after consolidating between $10,000 and $10,500 for five days. The leading crypto asset now trades for $10,550 as of the time of this article’s writing. BTC is far from in the clear due to this being a weekend move.
2020-9-13 10:00 | |
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Bitcoin has flirted with falling under $10,000 multiple times over the past week. If you take a look at BTC’s recent price action, you will see a series of bottom wicks just below $10,000. This shows that Bitcoin traders do not want the leading cryptocurrency to trade under that pivotal support level. By NewsBTC’s count, […]
2020-9-11 13:00 | |
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If the bulls can find momentum from the current bounce in Bitcoin and altcoins a short-term bottom may be in place.
2020-9-10 21:08 | |
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Bitcoin has undergone a strong retracement since the local highs set last week and the year-to-date highs set weeks earlier. At the lows earlier today, BTC was around 25% below the year-to-date highs.
2020-9-8 13:00 | |
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Since the bear market commenced in October, Bitcoin market participants have watched out for a price bottom that should precede definitive expansions of the flagship cryptocurrency. Interestingly, a recent evaluation of on-chain data reveals that the Bitcoin market might be approaching the end of this price downturn; however, there is an important caveat. Related Reading: […]
Miner revenues serve as a barometer for the overall state of the Bitcoin ecosystem, reflecting the delicate balance between mining costs, Bitcoin price, and network difficulty. Since Apr. 24, miner revenue has consistently been below its 365-day simple moving average (SMA), with only two brief exceptions in early June.
Bitcoin has historically profited from Puell Multiple lift-offs, but unique macro conditions mean what happens next is uncertain.
Bitcoin's upside prospects are supported by at least three on-chain and technical metrics — but is the bottom in?
Data shows Bitcoin miner revenues have been coming under stress recently as they are now making 61% less than the average during the last year. Bitcoin Miner Revenues Come Under Pressure As Puell Multiple Sharply Drops As per the latest weekly report from Glassnode, the miner income contraction right now is greater than during the […]
On-chain data shows Bitcoin miner reserve is growing as miners are accumulating BTC. The Puell Multiple confirms that miners don’t want to sell at the current price level. Bitcoin Miner Reserves Grow To Highest Value For The Year As pointed out by a CryptoQuant post, BTC miner reserve has been going up as miners seem to be waiting before selling.
The on-chain indicator Puell Multiple shows Bitcoin miners don’t have much incentive to sell at the current price level. Puell Multiple Values Are Still Relatively Low At The Current Level As pointed out by a CryptoQuant post, Puell Multiple values are still not too high, implying miners may not feel pressure to sell at the […]