Bitcoin’s Network Momentum Has Stalled—Why It’s Not the End of the World

2020-10-8 04:00

Bitcoin’s network momentum, a metric that tracks on-chain volume, has stalled in recent months. Some see this trend as a concerning sign for BTC’s long-term trend. This may not be a concern as there are certain trends suppressing the metric, analyst Willy Woo says.

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Bitcoin (BTC) на Currencies.ru

$ 95392.3 (-1.58%)
Объем 24H $40.96b
Изменеия 24h: -1.78 %, 7d: -7.31 %
Cегодня L: $95381.41 - H: $97458.26
Капитализация $1888.732b Rank 1
Цена в час новости $ 10739.81 (788.21%)

bitcoin trend metric stalled momentum network may

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Bitcoin Holders Shift Gear: Average Age Of BTC Wallets Declines Sharply

As Bitcoin is regaining significant upward strength, a notable trend has been spotted among long-term holders as indicated by a huge drop in the average age of wallets holding BTC. The trend demonstrates shifting market dynamics, prompting the modification of positions by retail and institutional players in anticipation of future price fluctuations. A Persistent Drop […]

2024-11-29 21:00


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Bitcoin Could See a Major Breakout in The Coming Days; Here’s Why

Bitcoin has been stuck in a tight trading range throughout the past several days This has offered little insight into the cryptocurrency’s short-term trend, as both its buyers and sellers remain at an impasse As for where it may trend next, analysts now seem to believe that it is coiling up for a major breakout This could lead it well past $12,000 in the coming few weeks There are a few factors that suggest this […]

2020-8-15 02:00


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Here are the Two Reasons Why Bitcoin Investors are Fleeing Exchanges

Bitcoin’s recent rally has closely coincided with a trend of investors fleeing exchanges It appears that the two primary factors behind this trend are degrading trust in centralized platforms coupled with more investors moving towards a long-term “hodling” strategy Either way, this trend does bolster Bitcoin from a fundamental perspective Bitcoin’s intense uptrend seen in the time following its mid-March meltdown has ushered in a significant influx of new capital to the market – a […]

2020-5-4 22:00


Bitcoin Bound to Surpass $330,000 in Two Years by Following the 2017 Trend

The month of April was quite friendly to the cryptocurrency market in general and Bitcoin (BTC) in particular. However, this first week of May has proven to be the best so far with Bitcoin pushing past $5,500 to even hit $6,000 on some exchanges, bringing its market cap to over $100 billion for the first […] The post Bitcoin Bound to Surpass $330,000 in Two Years by Following the 2017 Trend appeared first on ZyCrypto.

2019-5-3 18:24


Bitcoin все еще выглядит слабым

Ко вторнику, 4 декабря, Bitcoin умеренно восстанавливается в цене и торгуется по 4038 USD, сообщает Дмитрий Гурковский, ведущий аналитик RoboForex. Если рассматривать динамику Bitcoin на 4-часовом таймфрейме, то можем увидеть развитие среднесрочной фазы коррекции.

2018-12-4 14:52