This Simple Pattern Suggests Ethereum Is Preparing For Another Leg Higher
Ethereum is showing positive signs and it traded to a new monthly high at $281 against the US
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Suggests
Indicators Suggests Bitcoin Is Gearing For Another Lift-Off To $9,550
Bitcoin gained more than 2.5% and broke the main $9,300 resistance against the US Dollar. BTC is currently consolidating gains and it is likely setting up for more upsides towards $9,550.Bitcoin gained bullish momentum above the $9,200 and $9,300 resistance levels.The price is currently consolidating above $9,300 and it is
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This Technical Pattern Suggests Bitcoin’s $9K Deadlock Could Be Over Soon
Bitcoin is trading above the $9,150 support against the US Dollar. BTC seems to be preparing for a major increase if it succeeds in clearing the $9,200 resistance zone.Bitcoin is still struggling to settle above the $9,200 and $9,220 resistance levels.The price is currently trading above the $9,150 support and
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This Technical Pattern Suggests Bitcoin Will Plunge Over 30% in Coming Weeks
Bitcoin appears to be in a somewhat precarious position, as a few technical factors are currently suggesting that it may soon see some notable near-term downside. One such technical factor suggesting that the crypto is poised to see notable near-term downside can be seen while looking towards a fractal pattern it
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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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New Metric Suggests Imminent Volatility for Bitcoin
Bitcoin’s characteristically high volatility could return soon, giving exhausted traders an end to months of abnormally calm price action. A new metric for on-chain activity makes this prediction by measuring exchange volumes and on-chain transaction volume together to derive a signal for inflection points in bitcoin volatility. Published to popular charting
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Drop in Bitcoin ‘Whale’ Addresses Suggests Market May Be Decentralizing
The number of addresses holding a large number of bitcoins, popularly known as whales, has declined to 14-month lows. However, the drop isn’t necessarily a price-bearish development and may instead that the distribution of bitcoin ownership is shifting. As of Sunday, there were 103 addresses holding at least 10,000 BTC –
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This Historically Accurate Signal Suggests a Bitcoin Rally to $13K in Q3
Bitcoin is trading almost 12 percent below from its local top near $10,400, but a historically accurate technical indicator hints a trend reversal.The pattern formed on Monday as the short-term moving average of Bitcoin’s hash rate jumped over the long-term moving average, signaling the beginning of a buying setup.Its previous
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Data Suggests Bitcoin Price Will Rise as Investor Demographics Shift
Bitcoin (BTC) has been trading sideways for around a month now and is being outperformed by several other altcoins like Ether (ETH) and Chainlink (LINK). The cryptocurrency also hit the lowest levels of volatility since November 2018. Moreover, Bitcoin’s trading volume in it’s USDT and USD pairs has decreased by 56%
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One Metric Suggests the Impending Bitcoin “Doom” May Not Arrive
Bitazu Capital founding partner Mohit Sorout pinpointed that the volume of Bitcoin (BTC) declined since May. While the price of the top cryptocurrency has dropped since, its volume suggests it is not entirely bearish.Due to the second rejection of Bitcoin at $10,500 this year, traders have suggested the possibility of a
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