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On-Chain Data Suggests Bitcoin Bottom Comparable To Previous Cycles

As the eyes of the crypto community turn to tomorrow’s Federal Reserve FOMC meeting, an on-chain analysis by Glassnode suggests that the bottom just needs to be hammered out. In their weekly report, the firm states that a number of metrics are currently bouncing, making a relatively consistent argument that the bitcoin market has hit a bottom. дальше »

2022-11-1 13:33


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Analyst: Bitcoin is headed for resistance amid FOMC bounce

Bitcoin (BTC/USD) is up 3.2% in the past 24 hours to currently trade around $21,671 and ease off lows seen on Tuesday when a number of negative news reports impacted sentiment. After hitting intraday lows of $20,780 on Tuesday amid reports of SEC investigations against crypto exchange Coinbase, and a Treasury Department probe on Kraken, […] The post Analyst: Bitcoin is headed for resistance amid FOMC bounce appeared first on Invezz. дальше »

2022-7-27 21:19