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” Can Bitcoin price hold $24K as stocks correlation hits lowest since 2021? “ Bitcoin (BTC) wicked to five-day lows on Feb. 22 as a comedown for United States equities continued. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst on Bitcoin: “Waiting for a bit lower” Data from Cointelegraph Markets Pro and TradingView recorded lows of…
” Bitcoin can hit $40K before BTC price sees ‘harsh correction’ — Analyst “ Bitcoin (BTC) faced selling pressure at the Feb. 21 Wall Street open as United States’ stock markets opened down. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price skids lower with U.S. stocks Data from Cointelegraph Markets Pro and TradingView showed BTC/USD…
” Bitcoin active addresses ‘concern’ analyst despite 50% BTC price gains “ Bitcoin (BTC) still lacks the on-chain volume and active address increases which characterize bull markets, research warns. In a frank appraisal of the 2023 BTC price rebound, on-chain analytics platform CryptoQuant warned that Bitcoin may be weaker than it seems. Active addresses not…
” Bitcoin sees fresh $25K rejection as pre-Wall Street volatility returns “ Bitcoin (BTC) matched six-month highs on Feb. 21 as the latest attempt to flip $25,000 to support failed. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin unsettled before Wall Street open Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $25,250 on…
” Modular blockchains could be the next hot crypto market trend in 2023 “ The public blockchain sector grew from less than a few million dollars in the last decade to a $1 trillion industry. However, one thing that the space has yet to solve is a decentralized and secure interoperable solution. Let’s take Ethereum…
” Price analysis 2/20: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL “ Bitcoin (BTC) rose more than 11% last week and is trading near the pivotal resistance at $25,000. Monitoring resource Material Indicators highlighted in its latest update that large volume traders were “thinning” overhead resistance, which could spark a rally. As…
” A ‘snap back’ to $20K? 5 things to know in Bitcoin this week “ Bitcoin (BTC) starts the last week of February in a volatile mood as a crucial area of resistance fails to break. After a classic “fakeout” during low-volume weekend trading, BTC/USD is back below $25,000, with bulls still lacking momentum. The…
” Bitcoin market cap ‘flips’ payments giant Visa for the 3rd time “ A 48% Bitcoin (BTC) price surge since the start of the year has pushed BTC’s market cap past that of payment processing giant Visa once again. With the BTC price currently at $24,365, its market cap of $470.16 billion is now marginally above…
” Bitcoin continues to ‘mirror’ 2017 as weekend sees third attack on $25K “ Bitcoin (BTC) tapped $25,000 for a third time on Feb. 19 as an all-important weekly close approached. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analysis warns over whale moves Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $25,038 on…
” How the Ordinals movement will benefit the Bitcoin blockchain “ Bitcoin (BTC) NFTs will have a positive impact on Bitcoin ecosystem by improving its security and incentivizing developers to build on the network, according to independent developer Udi Wertheimer. The number of newly created Ordinals, also referred to as “inscriptions”, have been spiking in…