Cryptocurrency Analysis and News Portal
Bitcoin (BTC) miners have been capitulating for almost two months, but an end to the squeeze could already be here.That was the conclusion from Blockchain infrastructure and cryptocurrency mining firm Blockware as it published its latest Intelligence Newsletter on July 29.Report: "Expect" capitulation to be done by SeptemberThe most recent
Read More
Summary: Bitcoin miners sold an estimated 14,600 BTC in June. This amount was a 400% increment from May. Continuous selling of BTC by Bitcoin miners is hinting at capitulation. According to JP Morgan, Bitcoin production cost could have dropped to $13k, signaling possible more pain for BTC in the crypto markets. Bitcoin miners sold almost
Read More
Bitcoin (BTC) wealth is being distributed from weak hands to strong hands due to ongoing capitulation from retail investors and miners, signaling that the bottom may be close.The latest ‘The Week On-Chain’ report from blockchain analysis firm Glassnode on Monday explains that market capitulations have been ongoing for about a month
Read More
Bitcoin (BTC) has a “neutral to positive” outlook despite staying below $20,000, according to ARK Investment Management.In its latest "Bitcoin Monthly" report, the American asset management giant flagged signs that BTC price action is close to bottoming.Wood: "We're waiting for more capitulation signals"One of Bitcoin’s most vocal supporters, ARK and CEO,
Read More
Bear markets have historically been challenging to navigate for traders and the conventional set of "reliable" indicators that determine good entry points are unable to predict how long a crypto winter might last.Bitcoin’s (BTC) recent recovery back above the psychologically important price level of $20,000 was a sign to many traders
Read More
Bitcoin (BTC) miners may have already sparked a “capitulation event,” fresh analysis has concluded.In an update on June 24, Julio Moreno, senior analyst at on-chain data firm CryptoQuant, hinted the BTC price bottom could now be due.BTC price bottom "typically" follows miner capitulationMiners have seen a dramatic change in circumstances
Read More
Ark Invest’s “Bitcoin Monthly” May Report shows fundamentals are stronger than ever for Bitcoin.According to the report, 66% of Bitcoin’s supply has not moved in over a year.Short-term holders appear to have already capitulated, with their positions dropping 35% over breakeven price.The impact of Terra’s UST & Luna collapse on
Read More
The latest moves in crypto markets in context for June and 8, 2022. Source
Read More
Bitcoin (BTC) dipping below $36,000 “smells like capitulation,” one trader says as suspicion mounts over U.S. stock markets.In a tweet on May 6, Cointelegraph contributor Michaël van de Poppe suggested that the BTC price was at least giving “serious signals.”Analyst: Stocks saw "forced liquidation"After plunging to 10-week lows in line with
Read More
Bitcoin (BTC) may continue its “bear market,” one trader says amid hope that a U.S. dollar reversal could soon improve BTC price action.In his latest YouTube update on May 2, Cointelegraph contributor Michaël van de Poppe argued that USD’s current surge would not last long.Dollar strength reversal "close"Bitcoin is still
Read More