Bitcoin bull run next? Bitfinex stablecoin ratio ‘blows up’ in 2023

Bitcoin bull run next? Bitfinex stablecoin ratio ‘blows up’ in 2023
фото показано с : cointelegraph.com

2023-7-27 11:24

A “major leading indicator” for Bitcoin is pointing the way toward a classic repeat of bullish BTC price phases, analysis says.

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Bitcoin (BTC) на Currencies.ru

$ 64127.08 (+0.02%)
Объем 24H $22.538b
Изменеия 24h: 0.14 %, 7d: 2.70 %
Cегодня L: $63792.21 - H: $64211.68
Капитализация $1286.053b Rank 1
Цена в час новости $ 29443.56 (117.8%)

bitcoin pointing way leading indicator toward classic

bitcoin pointing → Результатов: 126


Two Months Of Extreme Fear Leaves Crypto In Panic, Bitcoin At $20K

Data shows the crypto market has been observing extreme fear for two months now, leaving investors in panic as Bitcoin has crashed to $20k. Crypto Fear And Greed Index Is Still Pointing To “Extreme Fear” As per the latest weekly report from Arcane Research, the cryptocurrency market has now been facing extreme fear for two months now, the longest streak in history.

2022-6-22 22:00


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Bitcoin will explode ‘north’ the moment the Fed glitches, says Novogratz

Bitcoin price will rally hard the moment the US Federal Reserve begins to dial down on its aggressive monetary approach, Mike Novogratz, the CEO of Galaxy Digital said on Tuesday. His comments come as the Fed begins its June meeting, with a 50 basis point rate hike on the table, but with market analysts pointing […] The post Bitcoin will explode ‘north’ the moment the Fed glitches, says Novogratz appeared first on Invezz.

2022-6-15 19:24


Quant Explains How Bitcoin Funding Rate Predicted The Latest Top

A quant has explained how the Bitcoin funding rate (72 hour) may be able to correctly signal tops and bottoms in the price of the crypto. Bitcoin Funding Rate May Be Able To Indicate Tops And Bottoms In The Market As explained by an analyst in a CryptoQuant post, the 72-hour version of the funding rate looks to have been effective at pointing out tops and bottoms in the BTC market.

2022-4-8 22:00


Bitcoin Sentiment Suggests Serious Greed, But Will A Correction Come?

As Bitcoin made a new all-time high above $68k, the crypto market sentiment changed to extreme greed. Periods of such sentiment have lead to corrections in the past, but will the trend be similar this time? Bitcoin Fear And Greed Index Starts Pointing At Extreme Greed As per the latest weekly report from Arcane Research, the fear and greed index is now pointing at extreme greed as BTC makes a new ATH.

2021-11-10 22:00


Stablecoin Supply Rising, Diminishing Bitcoin Reserves Ready To Fuel Next Leg Up

Bitcoin price is back in the mid-$50,000 range, unable to push any lower despite bears best efforts and overheated technical indicators pointing to a potential trend reversal. However, several fundamental factors are proving to be too strong, and are setting the stage for the next leg up in the ongoing cryptocurrency bull trend instead. Here’s […]

2021-3-25 23:00


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The Many Facts Pointing to Cypherpunk Len Sassaman Being Satoshi Nakamoto

Satoshi Nakamoto, the creator of Bitcoin, has always been a mysterious character and a great number of sleuths have made it their mission to discover the inventor’s identity. One particular theory was published this month which attempts to tether the well known and now deceased, Len Sassaman to the creation of the first cryptocurrency. Moreover, […]

2021-3-5 07:30


Bitcoin Explodes Above $44K After Tesla Buys BTC: What’s Next?

Bitcoin exploded to a new record high on Monday after Tesla revealed that it had purchased around $1.5 billion worth of the cryptocurrency in January. The flagship cryptocurrency reached $44,900 ahead of the New York opening bell, pointing to extended gains as traders rejoiced the entry of the Wall Street’s fifth-largest firm into the cryptocurrency […]

2021-2-9 17:58


Fractal Suggests Ethereum has Room to Fall Before Bulls Can Spark Next Uptrend

Ethereum has seen some notable momentum in recent days that has allowed its price to set fresh all-time highs Each break above its previous all-time highs around $1,450 has been fleeting, however, which is a grave sign that could mean downside is imminent For now, ETH’s price action remains firmly correlated to that of Bitcoin, with the benchmark cryptocurrency seeing some turbulence that has shaken its market structure One analyst is now pointing to a […]

2021-1-27 23:00


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Ethereum is Gearing Up for a Massive Breakout; Here’s How High It May Surge

Ethereum has been seriously underperforming Bitcoin over the past few weeks, which comes as most altcoins lose significant value against BTC ETH has seen a few sharp rises that have helped it to buck this trend and gain some ground against BTC However, it has still been generally unable to keep up with Bitcoin’s massive momentum This trend may not last for long, however, as one analyst is now pointing to a few factors that […]

2020-12-31 01:00


Bitcoin Forms Parabolic Trendline, But Veteran Trader Eyes Potential Correction

Bitcoin and the entire cryptocurrency market have been caught within a parabolic advance as of late, with BTC leading the charge as altcoins follow its lead Where the cryptocurrency trends next will undoubtedly depend on whether or not bulls can maintain control of its price action as it approaches $30,000 This rally is nothing short of parabolic, with Bitcoin tapping a half a trillion-dollar market cap yesterday evening One veteran trader is now pointing to […]

2020-12-29 22:00


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The Probability of Ethereum Seeing a Parabolic Rise in 2020 is 7%; Factors to Consider

Ethereum has been moving in close tandem with Bitcoin throughout the past several days and weeks, struggling to garner any independent momentum as it ranges This sideways trading has done little to bolster the cryptocurrency’s bull case That being said, analysts have been pointing to its fundamental strength as a reason why it may soon explode higher Data seems to suggest that the crypto only has a 7% chance of seeing any type of intense […]

2020-6-23 23:00


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This Silver Fractal Suggests Bitcoin Could Soon See a Parabolic Rally

Bitcoin’s well-established consolidation trend is showing no signs of ending anytime soon, as the crypto is still hovering within the mid-$9,000 region Each attempt to break above or below the upper and lower boundaries of its current trading range have been unsuccessful There is, however, one fractal pattern that bodes well for the crypto’s bulls One analyst is pointing to similarities between previous silver price action and Bitcoin for insights into where the benchmark digital […]

2020-6-18 21:00


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Waning Demand for Bitcoin Spells Trouble for Where it Goes Next

Bitcoin saw a slight decline overnight that caused it to invalidate some of the strength that was previously guiding it towards $10,000 It now appears that the crypto is positioned to see further downside as its technical outlook degrades Analysts are pointing to waning demand and growing supply as reasons why the benchmark crypto could soon decline lower It is important to note that this decline could lead BTC as low as the $7,000 region […]

2020-6-6 21:00


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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 […]

2020-6-2 02:00