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Ethereum Enters Accumulation Phase, Ignites Bullish Consolidation After Reaching Oversold Territory

According to Kraken Exchange, the current price of Ethereum is 40% below its all-time high of $4,900, and the cryptocurrency has recently reached the “oversold” territory. From the perspective of fundamental analysis, it implies that its price is already under the justifiable market level, thus creating additional opportunities for long-term investors. In particular, strategic crypto […] дальше »

2022-2-4 13:56


Almost 50% of Bitcoin supply is now owned by Whale addresses having more than 100 BTC

The market capitalization for bitcoin is $750 billion right now, and out of which, $366 billion worth bitcoin is held by long-term holders having anywhere between 100 to 10,000 bitcoins. It is repeatedly highlighted that we are in an accumulation phase and it is a great buying opportunity for investors with a visionary mindset. дальше »

2021-6-16 16:00


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Analysts Eye Multi-Month Bitcoin Accumulation Phase as Bears Weaken

Bitcoin is flashing immense signs of strength today, with its rebound from yesterday’s decline to $14,400 being an impressive display of bulls’ current control of the asset This rebound has significantly bolstered its technical outlook and only further confirms what many have already suspected – dips are for buying in this market environment One analyst is now noting that Bitcoin could soon start an accumulation phase before it can make a bid at setting fresh […] дальше »

2020-11-9 01:00


Analyst: Bitcoin May Face Prolonged Accumulation Phase Around $9,000

Bitcoin is now caught within a persistent and relatively tight accumulation phase between $10,600 and $10,800 The cryptocurrency has been unable to post any type of ardent reaction to either of these levels, and has mainly traded in between them at $10,700 BTC’s ongoing bout of sideways trading has done little to offer insight into its near-term outlook, but investors are noting that a fresh trend may be approaching One trader recently put forth a […] дальше »

2020-10-1 21:00


Data Shows Recent Bitcoin Difficulty Adjustment May Kickstart New Accumulation Phase

Bitcoin is currently trading just below its most important resistance yet, gearing up for what most crypto analysts expect to be a major move. However, data suggests that sell pressure from miners adjusting to the newly reduced block rewards combined with quiet accumulation may be responsible for the recent sideways price action. Bitcoin Sideways Trading […] дальше »

2020-6-23 23:00


Hedge Fund Manager, Mahmudov Says Bitcoin Is Headed To $100k After Current Accumulation Phase

Bitcoin (BTC) has been on a slow downswing since July. At press time, bitcoin is down by 4.7% to trade at $10,854.05 as per CoinGecko. However, a former analyst at Goldman Sachs and now the Chief Information Officer (CIO) at Adaptive Capital, Murad Mahmudov, believes it’s time to look beyond this sideways trading action and […] The post Hedge Fund Manager, Mahmudov Says Bitcoin Is Headed To $100k After Current Accumulation Phase appeared first on ZyCrypto. дальше »

2019-8-14 23:32


Bitcoin Related Tweets Hit their Lowest Level in 5 Years as Crypto Twitter Bear Market Blues Surface

Bear market according to experts is in its last stages as Bitcoin goes through accumulation phase. This phase, however, is expected to persist in the market for the next few months. In the meantime, Bitcoin-related tweets are going downwards, per the data provided by Bitinfocharts. Since hitting the peak in December 2017 at the 155k […] дальше »

2019-4-29 18:49


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New Report: Bitcoin in $3K-$6.5K Accumulation Range Before Next Bull-Run

Researchers at Adamant Capital say Bitcoin is entering an accumulation phase which will see the cryptocurrency trade in a tight range on the way to another massive bull run. Bitcoin Will be Range Bound in Accumulation Phase In a report published on Thursday (April 18, 2019), analysts at Adamant Capital characterized the present Bitcoin cycle as an accumulation phase. дальше »

2019-4-19 12:00