Bitcoin Open Interest Climbs Up, Price To Break Sideways Trend Soon?
On-chain data shows the Bitcoin open interest has been slowly growing recently, something that could lead to more volatility in the price
Read More
Sideways
Bitcoin breakout possible as whales close in on sideways BTC price
Bitcoin (BTC) stayed strictly rangebound on Aug. 24 as buyers and sellers attempted to spark a breakout.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSpot price squeeze on the cardsData from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near $21,500 at the Wall Street open. The pair had seen little action
Read More
Bitcoin Trades Sideways, Investors Await Any Fed Interest Rate Signals; IMF Sees Growing Link Between Crypto and Asian Stocks
But Katie Talati, head of research at crypto asset manager Arca, was cautiously optimistic, highlighting the energy efficiency and other improvements resulting from The Merge in comments to CoinDesk TV's First Mover program. "From a technological standpoint, this is as advanced and as significant as it gets," Talati said,
Read More
Crypto Market Trades Sideways As The Inflation Fear Kicks In, What’s Ahead?
The past week brought hope and confidence to lots of crypto participants. This is due to the growth seen in most major cryptocurrency tokens as they witness some price increase. However, happy days seem to be cut short suddenly as prices twist in reverse. The last 24 hours have thrown the
Read More
Bitcoin May See Another 5 – 6 Months of Downward or Sideways Price Movement – Grayscale Report.
In brief: The team at Grayscale has forecasted that Bitcoin could see another five to six months of downward or sideways price movement. The Grayscale team cites the traditional 4-year Bitcoin and crypto cycle as their basis for the conclusion. The team also highlighted an increase in the number of wallets holding 0.001
Read More
Cardano (ADA) Trades Sideways After Losing Major Support, Will The Current Support Hold?
Cardano has depreciated on its chart considerably over the past few days taking away most of the weekly gains. Over the last 24 hours, ADA lost 2% of its value dragging price down to $0.42 on the four hour chart. ADA lost critical support of $0.44 which it tried to
Read More
Bitcoin price holds $20K, but analysts say ‘expect 6 months of sideways’ price action
Trading across the cryptocurrency market was relatively subdued on July 5 as the ecosystem continues to digest the fallout from the Three Arrows Capital scandal and Voyager Digital announcing that it has filed for Chapter 11 bankruptcy protection. Data from Cryptox Markets Pro and TradingView shows that the price of Bitcoin
Read More
Bitcoin trader says expect more chop, downside, then sideways price action for BTC this summer
Discussion of the state of the crypto market has been a dominant headline over the past few weeks as non-crypto native media excoriate Bitcoin (BTC) and DeFi investors for investing in assets with no fundamental value. At the same time, crypto-savvy analysts and traders have been pouring over charts, looking for
Read More
Regulatory Attention on Terra Could Change South Korean Trading Environment; Bitcoin Goes Sideways
The largest cryptocurrency by market capitalization was recently trading at about $29,700, up slightly and about where it stood 24 and 48 hours earlier. Ether, the second-largest crypto by market cap, was down over a percentage point, still trading a little below the $2,000 level it has held much of
Read More
QSP, XDB and AST post double-digit gains amid sideways moving market
Activity across the cryptocurrency market has been largely subdued on April 15 as traders in the United States have taken an early weekend thanks to the closure of financial markets for the observance of Good Friday.A survey of the top 20 tokens indicates a relatively flat trading day, with Bitcoin (BTC)
Read More