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Has Bitcoin Hit Bottom Yet? Here’s What On-Chain Data Says
Bitcoin continued to crash down yesterday, with the coin hitting as low as $21k before rebounding to current values. Has the crypto made the bottom yet? Bitcoin NUPL Indicator Assumes Negative Values For First Time Since 2020 As pointed out by an analyst in a CryptoQuant post, the NUPL metric has declined below zero, which could be a sign that the crypto may be approaching a bottom. дальше »
2022-6-14 22:00 | |
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This Indicator Says Bitcoin Still Hasn’t Reached A Bear Market Bottom
On-chain data shows Bitcoin hasn’t yet hit a bear market bottom as the supply in profit is still more than that in loss. Bitcoin Supply In Profit/Loss Says A Majority Of Network Is Still In Profit As explained by an analyst in a CryptoQuant post, past trend may suggest that the current BTC market still […] дальше »
2022-5-3 22:00 | |
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Bitcoin to Hit $22,000 If This Bearish Reversal Theory Plays Out
The cost to purchase one Bitcoin token can go up to $22,000 in the fourth quarter. That is possible if a textbook technical indicator plays out as it typically does. Dubbed as “Rising Wedge,” the pattern holds the history of reversing uptrends 63 percent of all times. дальше »
2020-12-8 17:17 | |
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With This Historically Reliable Bitcoin Indicator At An All-Time High, Analyst Willy Woo Expects Price To Follow
The bellwether cryptocurrency recently hit a new all-time high — just not the one you are thinking. A historically reliable indicator, however, suggests bitcoin’s recent surge has more scope to continue after the cryptocurrency’s race to new yearly highs. дальше »
2020-10-30 01:32 | |
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Why Decoupling Is Bitcoin’s Only Chance At Making Significant Growth
Bitcoin’s incapability to make a significant price breakout has been credited to a lot of factors birthing volatility. BTC’s correlation to the stock market is a major indicator that the dominant cryptocurrency is about to get hit with intense volatility, this is according to the cryptocurrency analytics platform, Weiss Crypto Ratings. In a similar report, […] дальше »
2020-10-22 12:11 | |
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This Bitcoin Trend Indicator That Last Appeared Prior to $2,500 Rally Returns
Bitcoin has faced a strong correction in the past 24 hours, dropping to $10,400. This comes after the coin hit $11,200 last week in a breakout that some thought would take the coin to $12,000. Bitcoin’s weakness comes as legacy markets like the S&P 500 have bled lower due to a number of geopolitical and macro trends. дальше »
2020-9-23 03:30 | |
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Bitcoin Hit $20k the Last Time This Fundamental Indicator Flashed; It’s Back
Bitcoin’s price action has given investors mixed signals as of late, with the benchmark cryptocurrency oscillating between $10,000 and $11,000. The resistance found at the upper boundary of this trading range has proven to be quite significant, as it has catalyzed numerous rejections throughout the past few weeks. дальше »
2020-9-18 05:00 | |
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SNE Stock Down 1.5% as Sony Cuts PS5 Production Budget
Coinspeaker SNE Stock Down 1. 5% as Sony Cuts PS5 Production BudgetSony stock has received an average of a ‘buy’ rating from 25 credible analysts. This is a strong indicator that the shares are experiencing a buy pressure and likely to hit its ATH set in mid-march of 2000. дальше »
2020-9-15 18:10 | |
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Indicator Shows Tezos (XTZ) May Rally Past $5.20 Before Facing Resistance
Tezos has been outperforming many of its larger counterparts throughout the past few days as XTZ journeys up towards $4. 00. This strong price action has allowed the cryptocurrency to hit fresh yearly highs late-yesterday, and its momentum isn’t showing signs of slowing down anytime soon. дальше »
2020-8-11 02:00 | |
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Ethereum Faces a Steep Drop After Rallying to One-Year Highs: Indicator
Ethereum has seen extremely strong performance over the past two months, growing against the dollar and Bitcoin. Before the crash the other day, the price of ETH against the dollar hit $415. And against BTC, the price of ETH reached as high as 0. дальше »
2020-8-3 13:00 | |
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This Indicator Shows Bitcoin Hit a Pivotal Level; Why Bulls Are in Control
Bitcoin has extended its newfound consolidation phase as it trades around $9,200 Both its bulls and bears have reached an impasse, with neither group being able to catalyze any clear momentum It now appears that BTC is positioned to see further sideways trading in the near-term, but one indicator is showing that the tides are shifting into bulls’ favor This comes as the crypto’s “Unspent Bitcoin Map” signals that there is massive support hovering just […] дальше »
2020-7-12 19:00 | |
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Bitcoin Indicator Shows Price Could Hit $7,100 as Resistance Mounts
Bitcoin has further extended its long-held bout of sideways trading as it hovers within the lower-$9,000 region It is continuing to flash some signs of weakness, however, as its price has been unable to garner any upwards momentum This weakness has caused the one indicator to suggest that the crypto could be positioned to see a swift movement to lows of $7,100 if it is unable to garner any heavy buying pressure This comes as […] дальше »
2020-7-1 21:00 | |
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A Big Bitcoin Price Action Highly Imminent as Volatility Hits 8-Month Low
Bitcoin price has become the calmest in eight months on Monday. The cryptocurrency’s volatility index has hit 0. 08, a level the indicator last flashed in October 2019. A prolonged period of low volatility and sideways consolidation typically results in violent breakouts. дальше »
2020-6-22 10:22 | |
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Bitcoin Prints Critical Golden Cross as Futures Open Interest Hits Record High
Bitcoin experiences a Golden Cross for the first time since February 2020. The bullish indicator surfaced as open interest for CME Bitcoin Futures hit a record high. Nevertheless, the cryptocurrency continues to hover below $10,000, while eyeing a price breakout. дальше »
2020-5-21 07:44 | |
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Bitcoin Could Hit $13,000 by April 2020, Macro Indicator Shows
Bitcoin could retest the $13,000 range in the next two months, according to a macro technical indicator. The cryptocurrency’s monthly chart shows that it was trending downwards inside a ‘Falling Wedge. дальше »
2020-2-6 18:52 | |
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Bitcoin Could Fall Hard, This Textbook Indicator Shows
Bitcoin’s dreamy price rally in 2020 could hit a dead end in the coming sessions, according to a bullish reversal indicator. The benchmark cryptocurrency is forming a Rising Wedge pattern as confirmed by its price consolidating between upward sloping resistance and support. дальше »
2020-2-4 18:00 | |
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Can Bitcoin Price Hit $424,000 Sometime in Late 2021?
YouTube bitcoin and crypto price analyst Benjamin Cowen yesterday released a new video examining the BTC 20-week moving average (20MA) as a macro-level market indicator. What does it say? Bitcoin Price: Support or Resistance Based on historical data, when the 20MA is acting as support for BTC price, Bitcoin has tended to be in an extended bull market. дальше »
2020-1-26 20:00 | |
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The Same Indicator That Flashed Before Bitcoin’s 30% Drop in Nov 2019 Just Hit Again
The Fear and Greed Index (FGI) for crypto is currently neutral at 53. The last time it was at this level, a 30 percent drop occurred for bitcoin in November 2019 from $9,400 to $6,410. The signaling of the indicator follows a swift six percent drop from $9,100 to $8,500, which happened in less than... The post appeared first on NewsBTC. дальше »
2020-1-20 11:44 | |
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This Bullish Bitcoin Indicator Flashed 3 Times in 11 Years. It Just Hit Again
The short-term bull market that Bitcoin has been caught within over the past couple of weeks has completely altered the sentiment amongst cryptocurrency investors for the better and has led to a strong sense of vitality amongst BTC bulls. дальше »
2020-1-18 00:00 | |
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Bitcoin 30-Day Volume at Record $770 Billion
Bitcoin daily trading volume hit the record high on June 26. However, the indicator is still maintaining the record level in terms of monthly volume. Bitcoin 30-Day Volume Benefits from June High While Bitcoin is heading towards breaking the support level at $9,000, the trading volume is keeping at a decent level. дальше »
2019-7-17 21:00 | |
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EOS, Bitcoin SV [BSV], and XRP Price Prediction and Analysis
EOS/USD During the last 24hrs, EOS/USD pair traded lower by 3. 02%. EOS began trading yesterday at $5. 94 and is currently at $5. 76. The downtrend was supported by most indicators, with the 21-day MA that gravitating above the 7-day MA. дальше »
2019-7-5 22:01 | |
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Bitcoin Drops To $7,500 As The Digital Asset Flashes Major Sell Signal
Bitcoin after having two of its best months since the crypto boom of 2017, is now back in a downward trend. Although the current drop has been a big hit for investors, a sell signal indicates that there could still be more losses ahead. дальше »
2019-6-5 10:20 | |
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Bitcoin Economic Activity Now 30% Higher Than At $20K Price
While Bitcoin transactions per day have hit a fresh 2019 high, a “better indicator” measuring transaction outputs reveals that economic activity on the BTC blockchain is currently at a record high. дальше »
2019-4-25 11:30 | |
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Bitcoin’s Key Indicator Flashing Bullish Again, Mirroring Pre-5K Breakout
The return of a previously well-known phenomenon to Bitcoin this week continues to excite traders as Bitcoin price pushes above $5250. Return Of The ‘Kimchi Premium’ Spotted online by social media traders, the so-called ‘Kimchi Premium’ – a surcharge on the Bitcoin price specifically impacting South Korean investors – is making a comeback on local cryptocurrency exchanges. дальше »
2019-4-10 12:00 | |
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Bitcoin Price: Technical Flags Scream ‘Buy!’ as Market Nears Key Level
Bitcoin continues to grind higher, and on Monday the flagship cryptocurrency hit its highest level in 2019. Many investors are stuck in the past looking at the wild volatility brought on by excessive speculation, and ignoring that right here right now, the Bitcoin price is showing maturity and stability – and could be primed for a major boom. дальше »
2019-4-2 00:36 | |
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Technical Indicator Suggest That There’s More Pain Ahead For Bitcoin (BTC) Bulls
The last 48 hours have seen Bitcoin hit a new year low. In the early hours of Monday, Bitcoin dropped from a little over $3,600 to hit a new year low of under $3,400. Altcoins dropped in tandem seeing the total market lose more than $6 billion. дальше »
2019-1-29 15:22 | |
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