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Crypto influencer CryptosRUs discussed the bullish technical and fundamental outlook for Bitcoin in his Oct. 30 livestream video. The YouTuber pointed to Bitcoin’s golden cross formation on the daily chart as a major technical indicator suggesting the top cryptocurrency is in a long-term bull market. The golden cross occurs when a
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"Looking at the BTC butterfly index, we can see that wings are near the upper 90% percentile (red horizontal line). So, [while] outright volatility [metrics] seems confident in spot price consolidation, traders are still paying up for tails," Greg Magadini, director of derivatives at Amberdata, said in the weekly newsletter. Source
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The crypto market has found itself at odds since the price of bitcoin had fallen to $20,000. This remains an important technical level for the digital asset because it is right above its previous cycle peak. As such, investors across the space watch with bated breaths to see if bitcoin
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After the Crypto Fear and Greed Index (CFGI) dropped to significant lows and pointed to “extreme fear” in crypto markets at the end of May, and throughout most of June, today the CFGI rating is still in the “fear” zone, but it has seen an improvement. On June 19, the
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Data shows the Bitcoin fear and greed index has continued to display low values for the third straight week as the market remains fearful. Bitcoin Fear And Greed Index Currently Points At “Fear” According to the latest weekly report from Arcane Research, the BTC market has now remained fearful for the 3rd
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Data shows the Bitcoin fear and greed index has now reached the highest level since the peak in November as the price of the crypto rallies up. Bitcoin Fear And Greed Index Now Points At “Greed” As per the latest weekly report from Arcane Research, the BTC fear and greed index has
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Data shows the Bitcoin market has turned greedy again after almost three months of fear sentiment among investors. Bitcoin Market Becomes Greedy Again After Almost Three Months Of Fear The relevant indicator here is the “fear and greed index,” which tells us what the general sentiment among investors currently is. The metric uses
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Bitcoin (BTC) stayed higher on Oct. 2 after a "fantastic" break to the upside upended market sentiment.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader eyes $45,000 BTC price floor Data from Cryptox Markets Pro and TradingView followed eerie calm on BTC/USD after Friday's sudden upside volatility saw $3,000 added in an hour.The classic
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Making its way up to the higher levels of its current range, Bitcoin records a 5.6% profit in 24 hours. BTC’s price took a heavy loss, as the implementation of its legal tender status in El Salvador became a “buy the rumor, sell the news” event. At the time of writing,
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It has been a rocky past couple of weeks for Bitcoin. The cryptocurrency was able to surge as
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