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“# Bitcoin price consolidation ‘could be over,’ says trader as Ethereum, Polkadot hit all-time highs ” Bitcoin (BTC) is in line for a continuation of its bull run, fresh analysis says, as BTC/USD retains its 2.2% daily gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $62,500 eyed for BTC price bounce As data from Cointelegraph…
“# Bitcoin price hits 1-week high in minutes on sudden $1.5K gains ” Bitcoin (BTC) abruptly hit one-week highs on Nov. 2 after days of sideways action ended in a brief but strong breakout. BTC/USD 1-minute candle chart (Bitstamp). Source: TradingView Upside action returns to BTC/USD Data from Cointelegraph Markets Pro and TradingView followed sudden volatility…
“# Institutional managers bought $2B worth of Bitcoin in October ” Institutional inflows into Bitcoin (BTC) products picked up sharply in October, underscoring renewed bullish sentiment surrounding the flagship cryptocurrency. Crypto investment products saw inflows totaling $288 million for the week ending Oct. 31, with Bitcoin accounting for $269 million, according to CoinShares’ weekly flows…
“# Price analysis 11/1: BTC, ETH, BNB, ADA, SOL, XRP, DOT, SHIB, DOGE, LUNA ” Bitcoin (BTC) and Ether (ETH) had their highest monthly close ever in October, indicating strong momentum that favors buyers. The focus now shifts to November, which has been largely bullish for Bitcoin. Since 2013, Bitcoin has closed November in the…
“# Bitcoin whale indicator detects multi-month accumulation trend as BTC eyes $67K-retest ” Bitcoin’s (BTC) biggest investors have been lately upping their reserves in sync with the ongoing price recovery, one Glassnode metric suggests. Dubbed as “Whale Supply Shock,” the on-chain indicator represents the ratio between the amount of Bitcoin held by “whales” and “fishes.”…
“# Bitcoin ‘Moonvember’ begins as data shows November is best month for S&P 500 ” Bitcoin (BTC) bulls are betting on a solid month for BTC price action, as November traditionally sees strong gains for United States stocks. Data shows that November has been the best performing month for the S&P 500 since 1985. November…
“# ‘Uptober’ closes at record high in best month of 2021 — 5 things to watch in Bitcoin this week ” Bitcoin (BTC) sees a volatile start to a new week and a new month after its first ever monthly close above $60,000 — what’s next? After a highly anticipated end to “Uptober,” bulls are…
“# Bitcoin price descending channel and loss of momentum could turn $60K to resistance ” Bitcoin (BTC) appears to lack the strength to retest the $67,000 all-time high that it reached on Oct. 20 and this is causing investors to question whether or not the bullish moment has faded. Even with the price facing these…
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, BNB, MATIC, FTM ” The weekend failed to ignite bullish momentum from crypto investors and both Bitcoin (BTC) and Ether (ETH) turned down on Oct. 31. The bulls will now try to achieve the third successive weekly close and the first-ever monthly close above the…
“# Bitcoin set for record monthly close with BTC price still below ‘worst case scenario’ ” Bitcoin (BTC) delivered fresh retests of $60,000 support on Oct. 31 with a matter of hours left until the crucial monthly close. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Record monthly close hangs by a thread Data from Cointelegraph…