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Bitcoin Risks Turning Bearish Due to Declining Market Health, Says Glassnode

Bitcoin (BTC) risks sliding back into bearish territory should onchain activity and overall market health continue to decline, warns analytics firm Glassnode. The latest market update from Glassnode shows that the GNI index, which measures the overall state of the Bitcoin network, dropped 18% or 13 points week-on-week, to a value of 60 points. дальше »

2020-5-27 04:33


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Glassnode: биткоин рискует продолжить падение из-за ухудшения фундаментальных показателей

Биткоин может перейти к медвежьему циклу, если его фундаментальные показатели не улучшатся в ближайшее время, считают в аналитической компании Glassnode. The GNI dropped 13 points this week and with $BTC no longer testing $10k, we may be seeing a regression back into bearish territory if #Bitcoin‘s on-chain activity and overall market health continue to decline. […] дальше »

2020-5-27 12:23


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Crypto Price Analysis May 5: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK

The Bitcoin price has been decreasing inside a bearish pattern since April 30. At the time of writing, the price was trading near $8,900. With the third BTC halving projected to occur on May 12, Google search interest for the event is at an all-time high, a value more than four times the previous all-time […] The post Crypto Price Analysis May 5: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK appeared first on BeInCrypto. дальше »

2020-5-6 19:15


Bitcoin Market in Backwardation Supports A ‘Cautious Tone’ for BTC Price Short Term

The price of Bitcoin on spot exchanges is currently trading around $6,750 after sliding below $7,000 over the weekend. Some extremely bearish predictions are even calling for fresh lows. However, the good thing is Bitcoin has found a “higher floor” and given that currently, the cash on exchanges is at all-time highs and sentiments are […] дальше »

2020-4-16 22:11


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Cryptocurrency News Roundup for April 13, 2020

Bitcoin’s dip below $7,000 on April 13 could very well be the first phase of a longer-term downward move. BTC was consistently on the rise since March 13, but are we currently looking at the bearish turnaround to that rally? We probably are, according to well-known trader @CryptoDonAlt who outlined three long-term support levels, each […] The post Cryptocurrency News Roundup for April 13, 2020 appeared first on BeInCrypto. дальше »

2020-4-14 10:17


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Bitcoin’s Price Action Resembles a Bearish Wyckoff Distribution

On March 20, the BTC price reached a high of $6,900. Since then, it has been mostly trading in a range between $6,100-$6,900, with the exception of a failed breakdown attempt on March 27. On April 2, the price initiated a rapid upward move and reached a high of $7,192, however, the higher prices could […] The post Bitcoin’s Price Action Resembles a Bearish Wyckoff Distribution appeared first on BeInCrypto. дальше »

2020-4-3 17:10