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Despite Brutal Rejection at $10.5k, Bitcoin Uptrend Has “Strength”: Analyst

At the start of June, Bitcoin suddenly surged towards and past $10,000. The cryptocurrency rallied so far and so fast that $123 million worth of short positions on BitMEX were liquidated within an hour.Investors were understandably bullish. One Wall Street veteran shared a chart expressing his sentiment. It showed that

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Bitcoin’s Uptrend Remains Intact as Multi-Month Trendline Continues to Hold

Bitcoin’s halving was accompanied by high levels of volatility as many prominent analysts within the industry expected. The flagship cryptocurrency took a 20% nosedive over the weekend that saw its price drop below $8,000. Then, it quickly rebounded and it is now consolidating around the $8,800 level.The Effects of the

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Bitcoin Transaction Fee at 9-Month High Reinforcing Network Activity Uptrend

The Bitcoin (BTC) network transfer fee has risen significantly over the past few days indicating an uptick in activity as the block reward halving draws closer. Meanwhile, other on-chain metrics like hash rate are also setting new highs, completely recovering from the declines experienced after Black Thursday. Bitcoin Transfer Fee Climbs

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