Bitcoin Supply Metric Touches New All-Time High, Time For Reversal?
Bitcoin has been named the best performer among asset classes in 2023, but the cryptocurrency is still struggling to break new levels
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Reversal
Record-Breaking $10 Billion Open Interest Fuels Bullish Speculation For Bitcoin Reversal
The cryptocurrency market has experienced a period of stagnation, with Bitcoin (BTC) trading within a narrow range for the past week. However, according
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Is Shibarium The Key To A Trend Reversal?
In recent weeks, the meme coin Shiba Inu (SHIB) has shown signs of recuperation, gradually recovering from its yearly low of $0.00000597,
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Ethereum network upgrade and uptick in Arbitrum active users could trigger an ARB price reversal
While Arbitrum’s governance token ARB has been in a consistent downturn since the airdrop in late March, its ecosystem shows healthy growth. A recent Nansen report shows that Arbitrum’s activity improved after the airdrop, stabilizing “at a level higher” than before the airdrop. The daily active users, gas fees and transaction
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Analyst Says Crypto Could Hit $100,000 with Bump & Run Reversal Price Pattern
Some analysts recently weighed in on Bitcoin price prediction as the prominent token appears set to embark on another rally. Bitcoin (BTC) price prediction sees some analysts argue that the leading digital currency could hit $100,000. As it stands, BTC has found support at the $24,000 threshold after climbing from
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Bitcoin bulls’ desire for a trend reversal could be obliterated by this week’s $565M options expiry
Bitcoin (BTC) fell below a four-day narrow trading range near $22,400 on March 7 following comments by United States Federal Reserve Chair Jerome Powell before the Senate Banking Committee. During the congressional appearance, the Fed chairman warned that he bank is prepared to tame inflation by pushing for more significant
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Litecoin Displays Consolidation, Expect A Reversal Soon?
The Litecoin price has shown considerable recovery ever since it reached its bottom in December 2022. LTC secured almost 50% appreciation in January this year. Currently, however, the altcoin has witnessed a price pullback and is consolidating on its daily chart. Over the last 24 hours, the Litecoin price moved down
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This Crypto Strategist Foresees A Bitcoin Price Reversal Soon
Bitcoin analysts are following up on BTC price trends as the 2022 bear market drags into the beginning of 2023. The crypto market is slightly recovering from the FTX fiasco that caused most of the crypto assets to plunge. According to a famous crypto analyst, Kelvin Svenson, one technical indicator
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Bitcoin Price Hints At Potential Reversal, Buy The Dip?
Bitcoin price gained pace above the $17,500 resistance after the US CPI release. BTC tested the $18,000 resistance and might correct lower in the short-term. Bitcoin was able to clear the $17,450 and $17,500 resistance levels. The price is trading above $17,500 and the 100 hourly simple moving average. There was a break
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BTC Mining Difficulty To Bottom Spot, Any Possibility Of Reversal?
The low profitability of BTC mining is still puzzling for many crypto fanatics and investors. There’s no surprise here, given the ever-increasing energy costs. Moreover, the bear market is also significantly impacting Bitcoin’s mining difficulty. As for now, making reasonable profits from mining Bitcoin is not probable. This fact, however, doesn’t
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