Wednesday, April 24, 2024
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Bitcoin traders eye $19K BTC price bottom, warn of ‘hot’ February CPI

Bitcoin (BTC) failed to react at the March 6 Wall Street open as consensus formed around a potential violation of $20,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$19,000 BTC price is "breakdown target"Data from Cointelegraph Markets Pro and TradingView tracked a limp BTC/USD as it clung to $22,400 at the time of

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Digital Currency Group’s Genesis implosion marks another bottom in trust for crypto

It looks as if the bear cycle is going to claim another high-profile crypto company. On Jan. 19, Digital Currency Group’s (DCG’s) lending subsidiary, Genesis, filed for Chapter 11 bankruptcy. Here we have yet another industry giant with a tale of incestuous lending, little risk management to speak of

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Bitcoin on-chain and technical data begin to suggest that the BTC price bottom is in

Bitcoin’s (BTC) price has followed a four-year cycle, with consecutive bull and bear trends occurring in somewhat measurable intervals. A closer look at Bitcoin’s long-term price action reveals that the run-up to the top and bottom of the previous cycles look remarkably similar. What’s more interesting is that the 2020–2021

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