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Parabolic Bitcoin Indicator Points To Dangerous Collapse To Below $20K

Bitcoin price is in a downtrend, after spending nearly a full year in a parabolic uptrend. An indicator bearing the “parabolic” name on monthly timeframes has given a signal, that according to past instances, has always resulted in a catastrophic fall in the top cryptocurrency by market cap. Even if the resulting selloff ends up […] дальше »

2021-6-26 21:58


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Bitcoin Market Hits Neutral State: Bull And Bear Fight Brewing At The Same Time

New data from CryptoQuant has shown that the Bitcoin market might have hit a neutral position. There has been a recurring pattern of whale and retail selling taking place for the past months. The result of this is what the CEO of CryptoQuant, Ki-Young Ju interprets to be a sideways market movement. Multiple data reveals […] дальше »

2021-6-20 11:44


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Bitcoin Is Gearing Up To Pull A “2013 Style” Rally On The Market According To New S2F Data

Plan B, the pseudonymous creator of the Bitcoin stock-to-flow model, has taken to Twitter to present what could be one of the most bullish data to the Bitcoin community. Bitcoin could surge past $200k this year The stock-to-flow model, with which the creator and other Bitcoin proponents have relied on to predict the price of […] дальше »

2021-6-17 21:52


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Amid Heavy Selling By Miners, Analysts Brace For Further Bearish Momentum

Activity on the Bitcoin network is beginning to ebb due to lack of clear signs as to the market direction, claims Glassnode, a popular blockchain analytics firm. Despite earlier reports that more whales were accumulating, data shows the demand for Bitcoin and Ethereum has “fallen drastically” in the past week. According to Glassnode, the BTC […] дальше »

2021-6-9 13:03