Bitcoin Price Will Flip Bullish In November As It Mirrors Past Cycle
Bitcoin analysts eagerly scrutinize the charts as November approaches, hoping to gain insights from past cycles. Historically, November has always been significant
Read More
Mirrors
Bitcoin mirrors 2020 pre-breakout, but analysts at odds whether this time is different
Bitcoin (BTC) failed to break $20,000 despite a new weekly high on Oct. 18 as market watchers waited for action.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin meanders as stocks climbData from Cointelegraph Markets Pro and TradingView showed BTC/USD defying volatility once again on the day.The pair stayed noticeably stable despite
Read More
Bitcoin Dormant Supply Metric Mirrors 2016 Run-Up to $20K BTC Price
Bitcoin (BTC) hodlers are preparing for a bull run just like the one that led to $20,000 all-time highs in 2017, one metric suggests.According to on-chain monitoring resource Glassnode on June 28, the proportion of the Bitcoin supply that has not left its wallet in a year or longer reflects
Read More
Chain of Events Post-BSV Halving Mirrors BCH’s, Loyalists Propping Up the Network
Bitcoin SV (BSV) has seen its first halving since its creation in late 2018, hours after Bitcoin Cash (BCH) also completed its 50% block reward reduction event. The cryptocurrency first came about as a result of disagreements between opposing factions within the BCH community, which led to a group
Read More
Bitcoin Price Drop Mirrors Last Golden Cross Which Led to 170% Gains
Bitcoin (BTC) may not see a 170% increase after its fifth “golden cross” price event, historical data suggests as markets stay down 8%.Analysis of price movements since 2009 shows Bitcoin has had a total of ten “golden cross” and “death cross” moments in its lifespan. BTC price dip challenges December
Read More