Friday, September 30, 2022
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Historically accurate Bitcoin metric exits buy zone in ‘unprecedented’ 2022 bear market

Bitcoin (BTC) is enjoying what some are calling a "bear market rally" and has gained 20% in July, but price action is still confusing analysts.As the July monthly close approaches, the Puell Multiple has left its bottom zone, leading to hopes that the worst of the losses may be in

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Bitcoin price eyes $24K July close as sentiment exits ‘fear’ zone

Bitcoin (BTC) dropped volatility on the last weekend of July as the monthly close drew near.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView200-week moving average in focus for July closeData from Cryptox Markets Pro and TradingView showed BTC/USD retaining $24,000 as resistance into July 30.The pair had benefitted from macro tailwinds

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Ethereum Recovery Faces Major Hurdle, Risk of Fresh Decline Exits

Ethereum declined towards $1,350 before recovering higher against the US Dollar. ETH is now facing a major resistance near the $1,460 and $1,500 levels. Ethereum extended losses and traded below the $1,400 level. The price is now trading below $1,460 and the 100 hourly simple moving average. There is a major bearish trend

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