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This Bitcoin Metric Shows Just How Far Away The Top Could Be

Bitcoin price is still more than 10% away from the highs set last month, and bulls have been struggling to regain the powerful momentum they had on the way up. However, while price action is feigning signs of being exhausted, blockchain data shows that growth in actual Bitcoin adoption is still on a steady, parabolic incline and is nowhere close to peak levels historically. дальше »

2021-3-5 19:40


Bitcoin Sets New Highs as All Eyes Watch Reaction to $50,000 Resistance

Bitcoin set fresh all-time highs today, with bulls taking full control of the cryptocurrency’s price action as they set their sights on $50,000 Where the crypto trends in the near-term should depend largely on whether or not bulls will be able to maintain their current momentum Any firm rejection could result in another drawdown, signaling that the resistance within the upper-$40,000 region is insurmountable for the time being One trader explained in a recent tweet […] дальше »

2021-2-11 21:00


It’s Not a Top, Bitcoin in a “Rational Bubble” says Allianz Economic Advisor

“The path of this resistance for this money is up, don't get in the way of massive liquidity,” said Mohamed El-Erian, according to whom Tesla buying BTC “will build further momentum.” The post It’s Not a Top, Bitcoin in a “Rational Bubble” says Allianz Economic Advisor first appeared on BitcoinExchangeGuide. дальше »

2021-2-9 20:22