Sunday, September 29, 2024
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October’s Historical Bitcoin Price Trend Extends Hope for a Renewed Bull Run to End the Year – Market Updates Bitcoin News

Bitcoin logged price losses once again for the crypto asset’s fifth consecutive September in its lifetime, but as soon as the month ended, billions of dollars came back into the crypto economy. Metrics show that while September has consistently been a bad month for bitcoin, October, on the other hand,

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Can Bitcoin Break Historical September Price Trends? Spike Above $51K Suggests 2021’s 9th Month Is Different – Market Updates Bitcoin News

The price of bitcoin has risen above the $51K zone on Sunday and traders and speculators are curious as to where the price is headed next. Historically, in September, bitcoin prices don’t fare so well and usually get better in October. For this reason, skeptics are not sure if bitcoin’s

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Bitcoin Historical Volatility Approaching Zero Could Signal Blossoming Bull Trend

The cryptocurrency known for its wild volatility, Bitcoin, has been trading sideways for several months in a tightening trading range. Historical volatility is approaching zero, for less than the tenth time in the asset’s decade long history. In the past, this low of volatility proceeds a major move and trend change.

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Bitcoin’s Historical Positioning Suggests an Intense Bull Trend is Looming

Bitcoin’s price action in recent times has been lackluster, providing investors and analysts alike with little insight into the state of its macro trend. This ongoing sideways trading may not be unprecedented, however, as a look at the cryptocurrency’s historical post-halving price action suggests that this may simply be one of

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Vitalik Buterin Uses Questionable Historical Comparison to Explain Crypto Tribalism

Ethereum (ETH) co-founder Vitalik Buterin tweeted that TRON (TRX) sympathizers within the Bitcoin (BTC) community are a “perfect example” of German Nazis aligning with Japan during the Second World War. Vitalik drew the questionable comparison in a reply to Bitcoin activist and independent developer Udi Wertheimer, who tweeted: “#Tron > #Ethereum”. The

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