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” 3 signs Bitcoin price is forming a potential ‘macro bottom’ “ Bitcoin (BTC) could be in the process of bottoming after gaining 25%, based on several market signals. BTC’s price has rallied roughly 25% after dropping to around $17,500 on June 18. The upside retrace came after a 75% correction when measured from its November…
” Bitcoin dips to $22.6K, risking further losses if it fails to hold above 200-week MA “ The mood across the cryptocurrency ecosystem is noticeably brighter on July 22 after a week of gains helped traders put the events of the past two months behind them and look toward a positive future. Data from Cointelegraph…
” Bitcoin price dips under $23K after earnings report reveals Tesla sold 75% of its BTC “ Easy come, easy go was the story on July 20 as the day started on a positive note with Bitcoin (BTC) climbing above $24,300, only to end the official trading day in the red after less than stellar…
” Bitcoin price holds $23.5K, leading bulls to say ‘it’s different this time’ “ Similar to Stockholm syndrome where captives develop a psychological bond with their captors, crypto winters have a way of flipping even the most bullish cryptocurrency supporters bearish in a short period of time. Evidence of this reality was on full display…
” Data points to a Bitcoin bottom, but one metric warns of a final drop to $14K “ “When will it end?” is the question that is on the mind of investors who have endured the current crypto winter and witnessed the demise of multiple protocols and investment funds over the past few months. This…
” Total crypto market cap reclaims $1 trillion as Bitcoin, Ethereum and altcoins breakout “ Crypto traders found cause for celebration on July 18 as the total market capitalization climbed back above the $1 trillion mark following weeks of widespread selling after Bitcoin (BTC) price swept yearly lows below $18,000. The green day for cryptocurrencies…
” Could Bitcoin miners’ troubles trigger a ‘death spiral’ for BTC price? “ A July 9 post by @PricedinBTC on the “cost to mine Bitcoin” in the United States gathered the crypto community’s attention, especially considering the recent headlines that BTC miners have made. The crypto bear market and growing energy costs have caused a…
” Two Bitcoin price prediction polls, same outcome: $10K BTC is coming “ Bitcoin (BTC) investors in China plan to buy the dip despite an ongoing market correction and a nationwide crypto ban, a new survey shows. Consensus sees Bitcoin at $10K A survey of 2,200 people conducted on China-based social media platform Weibo found…
” 3 reasons why Bitcoin is struggling to flip $20K to support “ The positive gains recorded in the first ten days of July have all but disappeared on July 13 as Bitcoin (BTC) and the wider market slid back toward new yearly lows. Subdued action in the market can be traced back to a…
” Bitcoin price indicator that marked 2015 and 2018 bottoms is flashing “ Bitcoin (BTC) could undergo a massive price recovery in the coming months, based on an indicator that marked the 2015 and 2018 bear market bottoms. What’s the Bitcoin Pi Cycle bottom indicator? Dubbed “Pi Cycle bottom,” the indicator comprises a 471-day simple…