Chainlink is About to Post a Bullish Trendline Break as Buyers Take Control
Chainlink has seen a swift rebound today after posting some intense weakness yesterday. This has allowed it to
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Buyers
A Ice-Cold “Storm” Is About to Hit Ethereum Buyers: Two Factors to Watch
Bitcoin’s rally over the past month has been impressive. But even more so is that of Ethereum.The second-largest cryptocurrency is up more than 13% in the past 30 days, according to data from Coin360.com. Over that same time frame, Bitcoin dipped by 4%, while some altcoins like XRP and BSV
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Grayscale Institutional Buyers Doubling up on Bitcoin
Institutional buyers are increasing their exposure to Bitcoin (BTC) via Grayscale Investments suite of crypto trusts. Grayscale Investors’ Bitcoin Appetite Unsated According to data shared by crypto researcher Kevin Rooke via Twitter on Thursday (May 28, 2020), the firm’s bitcoin investment trust bought 18,910 BTC, although only 12,337 bitcoins were mined since
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Bitcoin Struggles to Find Buyers Near $10K, Risks $2,000 Price Correction
Bitcoin risks a $2,000 price correction as bulls continuously fail to penetrate $10,000-levels.The downside sentiment takes cues from a popular technical indicator, dubbed as Triple Top.The reversal pattern shows that bitcoin is no longer rallying – and is struggling to find buyers near the $10K area.Almost all the leading Bitcoin
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Most Bitcoin Buyers Are in the Money Ahead of the Halving, Data Suggests
With bitcoin more than doubling in price since “Black Thursday” nearly two months ago, nearly 85% — or 25.79 million — of addresses holding the cryptocurrency are now “in the money,” according to blockchain intelligence firm IntoTheBlock. However, the current state of the bitcoin market is warning of a post-halving price
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Whales and American Buyers Drive Bitcoin Rally
Bitcoin was up over 20% year-to-date Thursday morning.Data suggests that the recent price rise is being driven by U.S. investors buying bitcoin on spot and derivatives exchanges. Meanwhile, there are now more "whales" swimming in this global sea than since mid-2019. And Bitcoin custodial startups are reporting an uptick in
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American Buyers Are Fueling Bitcoin’s Rally, Data Suggests
Bitcoin is now up over 20% in 2020 after rallying to over $9,500 on Thursday. The cryptocurrency’s recovery from March lows ahead of the protocol’s third halving event is primarily fueled by American investors, according to market data. On U.S.-based exchanges, bitcoin has traded at sustained premiums during the end
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Bitcoin Price Around $9,000 Today, BTC Buyers Have Enough Strength
On Thursday, April 30th, the leading cryptocurrency is growing quite well, trading at $8900.00. During April 2020, the BTC/USD rate has grown by 32%.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Bitcoin tech analysisWhy has the BTC price grown so abruptly?Looking at the BTC charts, many have a question: where has such
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Bitcoin Buyers Lose Control, But 2 Key Technicals Show One Last Rally is Imminent
Bitcoin is struggling to surpass the $7,800 resistance area against the US Dollar. It seems like BTC price could dip towards $7,600 or $7,400 before a fresh rally towards $8,000.Bitcoin made two attempts to clear the $7,800 hurdle against the US Dollar, but it failed.The price is showing a few
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Bitcoin Poised For Short Term ‘Sell’ as Buyers Take Last Stand at $6,550
Bitcoin is currently consolidating above the $6,760 low against the US Dollar. BTC price could correct higher, but upsides are likely to face hurdles near $6,955 or $7,030.Bitcoin is showing signs of an upside correction from the $6,761 low against the US Dollar.A few key hurdles are forming on the
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