Bitcoin Has Just Cleared A Level That Historically Lead To Rallies Of 99%+
On-chain data shows Bitcoin has recently made a break that led to rallies of at least 99% during the last three times
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Historically
Bitcoin Holds Above $30K as Investors Await Historically Strong July, Eye Options Expiry
Meanwhile, bitcoin’s price as the market approaches Friday’s expiry of bitcoin options contracts could fuel an additional price increase, or send it spiraling in the immediate aftermath. “If bitcoin builds momentum above $30,000 as expiry approaches, dealers will buy the cryptocurrency in the spot and futures markets,” CryptoX Co-Managing Editor
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Citi Says Crypto Market Leverage, Open Interest Are Historically Low
“Leverage, volatility and interest have faded as investors battle with declining prices,” analysts led by Joseph Ayoub wrote. “Retail interest has broadly diminished as prices have declined,” and this has “coincided with a more general decline in volatility.” Original Source
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Bitcoin clings to $17K as ARK flags ‘historically significant capitulation’
Bitcoin (BTC) and decentralized blockchains are “as strong as ever” in the wake of the FTX meltdown, ARK Invest says.In the latest edition of its monthly newsletter, “The Bitcoin Monthly,” the investment giant came out firmly bullish on BTC.ARK: FTX scandal may be "most damaging event" everWith BTC price volatility
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3 historically accurate Bitcoin on-chain metrics are flashing ‘bottom’
Bitcoin (BTC) and other riskier assets slipped on Oct. 21 as traders scrutinized macro indicators that suggest the Federal Reserve would continue to hike rates. Nonetheless, the BTC/USD pair remains rangebound inside the $18,000–$20,000 price range, showing a strong bias conflict in the market.BTC price holding above $18K since JuneNotably,
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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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US Job Growth Remains Historically Strong, Exceeding Economists' Expectations
U.S. employers added TK jobs in June. Original Source
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Bitcoin Monthly Outflows Reach Historically High Value
On-chain data shows the Bitcoin monthly outflows have recently reached values only seen a few times before in the crypto’s entire history. Bitcoin Exchange Outflows Now Have A Value Of 96.2k BTC Per Month According to the latest weekly report from Glassnode, a historically high amount of BTC has exited all exchange
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Historically accurate ‘momentum indicator’ hints at possible Bitcoin breakout ahead
Bitcoin (BTC) could see a “massive bullish move” if a classic trigger from the 2021 bull run repeats this week.In a tweet on Dec. 16, on-chain analyst Matthew Hyland, known by the Twitter handle Parabolic Matt, drew attention to Bitcoin’s momentum indicator.Momentum indicator hints at potential "massive bullish move"While still
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Bitcoin Trend Strength Suggests No End In Sight, Second Most Poweful Historically
Crypto enthusiasts expected Bitcoin to pick up momentum in 2020 thanks to the asset’s block reward halving mechanism.
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