Bitcoin 'Bear Flag,' Crypto Options Market Hint at Downside Risk
The hedging behavior of bitcoin (BTC) market makers could exacerbate a price drop if there's a breakdown in the bearish chart pattern. Source
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What This Bitcoin Divergence Could Hint About BTC’s Price
Bitcoin is trending downside on lower timeframes and seems to hint at future losses. The number one crypto by market cap records a 3% loss in the past week, but there is a potential sign of hope for the bulls. Related Reading | Why Ethereum Could Trade At $500 If These Conditions
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Wall Street Analysts Hint MicroStrategy (MSTR) is Worth Buying Despite a 87% Pullback from Feb. 2021 Highs
Summary: MicroStrategy (MSTR) stock value has undergone an 87% correction from its February 2021 highs of $1,350. However, Wall Street analysts still believe it is a buy with a potential to rise to $950 from current levels of $180. Since Michael Saylor revealed MicroStrategy’s Bitcoin strategy, the value of MSTR stock has been
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Short Position Piling Up, Could This Hint At The Next Bitcoin Move?
Bitcoin is still unable to break above or below its current range. Yesterday, BTC’s price was seeing a trading session in the green until a surge in negative news contributed to an increase in selling pressure. Related Reading | New Study Shows 37% Of People Want Governments To Legalize Bitcoin Traditional markets
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Gatorade trademark applications hint at joining the metaverse
Stokely-Van Camp, the beverage company with the original rights to market and produce Gatorade, may be exploring releasing virtual sports drinks in the metaverse.According to records submitted to the United States Patent and Trademark Office, or USPTO, on Wednesday, Stokely-Van Camp filed two applications for the word Gatorade and the
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On-chain metrics hint at a bearish outlook for Bitcoin
Blockchain analytics provider Glassnode has depicted a bearish scenario for Bitcoin as on-chain metrics suggest increased selling pressure is imminent.In its weekly analytics report on Feb. 21, on-chain metrics firm Glassnode said that Bitcoin bulls “face a number of headwinds,” referring to increasingly bearish network data.The researchers pointed at the
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McDonald’s Trademark Filings Hint at Fast Food Giant’s Intent to Produce Metaverse Restaurants – Metaverse Bitcoin News
Following a slew of well known brands filing trademarks for metaverse related products and virtual goods, the American fast food firm founded in 1940, McDonald’s, has filed for ten trademark applications that describe plans to offer virtual restaurants and other digital-based products. 10 McDonald’s Trademark Filings Discovered Mention Digital-Based Products Like
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Bitcoin price dip may end Wednesday as Bitfinex bids hint at Fed ‘buy the news’ plans
Bitcoin (BTC) could see its last day of downside as buyers line up to cash in on Wednesday’s Federal Reserve meeting.On Dec. 14, bids began increasing on major exchange Bitfinex in a conspicuous sign that the market believes BTC/USD is destined to gain.Time to "sell the rumor, buy the news"?The
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Nike trademark applications and job posting hint at joining the metaverse
Sports footwear and apparel manufacturer Nike is exploring the design of virtual materials featuring its iconic logo and slogan.According to Oct. 27 records at the U.S. Patent and Trademark Office, Nike has filed applications for its namesake, swoosh logo, and "just do it" slogan to be used in virtual goods for
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Bitcoin is Smashing Records But There’s No Hint Of Retail FOMO
Bears are circling as bitcoin hit all time highs again on Tuesday. Is this 2017 all over again? Google data shows no hint of retail FOMO in BTC/USD. Bitcoin hit multiple record highs this week, prompting “FOMO” or “fear of missing out” calls from some analysts. If there is euphoria in the crypto
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