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Bitcoin mining revenue just edges past year-long average

Quick Take Bitcoin miner revenue currently stands at approximately $25. 5 million, marginally surpassing the 365-day Simple Moving Average (SMA) of $22. 5 million. This financial situation draws noteworthy similarities to the pattern seen in 2019 during the previous bear market when the revenue eventually dipped below the 365 SMA, prompting speculations about potential parallels in trends. дальше »

2023-8-29 13:00


Bitcoin faces crucial resistance as submerged cohorts of hodlers affect market sentiment

Quick Take Information drawn from recent data analysis underscores the significant resistance that Bitcoin is encountering, with a price range from $26,419 up to $26,773. This resistance is critical because three different cohorts of average withdrawal prices are currently tagged as underwater, meaning that the current price is below the average price at which the […] The post Bitcoin faces crucial resistance as submerged cohorts of hodlers affect market sentiment appeared first on CryptoSlate. дальше »

2023-8-25 01:00


Hayes Expects Bitcoin Choppy at $25k in Q3, Not Below $20k Like Some Predict

While the crypto market remains highly volatile, analysts are split on whether further downside is imminent for Bitcoin or if the bottom is already in. According to BitMEX founder Arthur Hayes in one of his recent blog called Kite or Board, Bitcoin is likely to trade sideways in the $25,000 range for the start of […] The post Hayes Expects Bitcoin Choppy at $25k in Q3, Not Below $20k Like Some Predict appeared first on CaptainAltcoin. дальше »

2023-8-24 11:45


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Bitcoin Crashes Below 8-Month Support Line, More Pain Incoming?

For the first time since early January, Bitcoin is changing hands below a critical support band and the 20-week moving average, evident in the weekly chart. An analyst on X, formerly Twitter, pointed out this formation and has since raised questions about the coin’s prospects in the days and weeks ahead. Bitcoin is trading at […] дальше »

2023-8-22 05:00