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Bitcoin Poised to Fall? This Wyckoff Distribution Pattern Says So

The Bitcoin price is possibly following a Wyckoff distribution pattern, a breakdown of which could see a sell-off down to between $6,000 – $7,000. First things first, what is the Wyckoff distribution? The analysis method explains a period of consolidation, which occurs after an upward move, serving as a way for market makers to sell […] The post Bitcoin Poised to Fall? This Wyckoff Distribution Pattern Says So appeared first on BeInCrypto. дальше »

2020-6-5 21:00


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Bitcoin Miner Hoarding Bolsters the Bullish BTC Case

Yet another bullish case is emerging for the Bitcoin (BTC) price following a noticeable decline in the volume of BTC transfers from miners to exchanges. In a Tweet published on Thursday, crypto analyst @ColeGarnerBTC provided a chart from market analytics firm Glassnode showing the inverse correlation that exists between miner outflows and the Bitcoin price. дальше »

2020-6-5 00:09


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Bitcoin’s Price Spread on the CME is “Super Bullish” and Foretells Major Upside

Bitcoin has seen mixed price action in recent times, struggling to surmount $10,000 despite gaining a solid foothold within the $9,000 region Analysts are now noting that the cryptocurrency appears to be at a turning point as it trades directly between two CME gaps One analyst is also pointing to the massive BTC premium seen on the CME as a reason why the crypto is highly bullish Bitcoin saw some turbulent trading yesterday when sellers […] дальше »

2020-6-2 02:00