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Bitcoin ‘finally’ due for $32.8K as long-term BTC price metric flashes overvalued

Bitcoin (BTC) briefly returned to $30,000 before the May 25 Wall Street open as range adherence lingered.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: BTC should challenge 2-week highsData from Cointelegraph Markets Pro and TradingView showed BTC/USD managing to hit $30,189 on Bitstamp before consolidating back under the $30,000 mark. While

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DeFi flashes early revival signs as retail and institutional inflows trickle in

Decentralized finance (DeFi) has had a rough go so far in 2022, and data from Messari shows the top ten-ranked DeFi assets currently down between 10% to 50% since the start of the year.Top ten DeFi tokens by market capitalization. Source: MessariA positive is, the situation may change soon as

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Bearish Bitcoin fractal with 78% success rate flashes as BTC drops below $43.5K

Last week's drop in Bitcoin (BTC) that saw BTC price falling from $47,358 to $43,178 has sparked fears of an extended selloff.Independent market analyst Nunya Bizniz highlighted a bearish fractal on Bitcoin's weekly charts concerning its 21-week exponential moving average (EMA). In detail, the cryptocurrency has closed below the said support zone 18

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Bitcoin ‘sell the rally’ indicator flashes again as BTC price breaks below $45K

A Bitcoin (BTC) on-chain indicator that spotted dead cat bounces during the yesteryear bearish market corrections has flashed again in August 2021.Dubbed as "Bitcoin: Short Term Holder NUPL," the indicator takes into account the unspent transaction output, or UTXO, of BTC transactions not more than 155 days old. In doing

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