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“# Price analysis 9/1: BTC, ETH, ADA, BNB, XRP, DOGE, SOL, DOT, UNI, LUNA ” Bitcoin (BTC) is struggling to break above $50,000 but analysts remain confident due to strong on-chain metrics. Analyst Willy Woo believes that investors have been accumulating Bitcoin and a break above $50,000 could result in a quick up-move to $60,000….
“# Ethereum price breaks $3,500 and hits 3-month highs against Bitcoin ” Ethereum’s native asset, Ether (ETH), has extended its rally on Wednesday to log multi-month highs against Bitcoin (BTC) and the United States dollar. The ETH/BTC exchange rate rose 3.13% to hit 0.07475 for the first time since June 9. Meanwhile, bids for ETH/USD…
“# Altcoins rally to new highs after the ETH/BTC pair flips bullish ” Signs that an altseason is underway are beginning to increase across the cryptocurrency market after numerous altcoins posted double-digit gains on Aug. 31. Meanwhile, the price of Bitcoin (BTC) continued to face headwinds and the digital asset trades at $47,100. The top…
“# Ethereum price poised for 40% rally vs. Bitcoin after breaking out of four-month range ” Ethereum’s native token, Ether (ETH), has the prospect of logging a 40% price rally against its top rival, Bitcoin (BTC), per a classic technical pattern. Dubbed a “symmetrical triangle,” the structure develops after the price forms a series of…
“# ‘Remarkable’ on-chain metrics could spell Bitcoin, Ethereum bull market return — New report ” Bitcoin (BTC) and Ether (ETH) have started showing “remarkable” bullish divergences that echo the start of bullish price trends. That’s according to the latest data collected by on-chain analytics firm Glassnode this week. BTC, ETH data mimics “mid to late…
“# Bitcoin price sinks to $46.7K despite record accumulation and supply shock events ” Bitcoin (BTC) saw fresh local lows on Tuesday as limp price action diverged further from bullish sentiment. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin evades bullish continuation Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing at $46,700 on…
“# Price analysis 8/30: BTC, ETH, ADA, BNB, XRP, DOGE, SOL, DOT, UNI, LUNA ” There is an old proverb which says that history does not always repeat, but it tends to rhyme. If that holds true for Bitcoin (BTC), then a strong up-move may not happen in the month of September. Bybit data shows…
“# SOL burn? Solana price hits $100 for the first time after mysterious ‘Ignition’ event revealed ” Solana (SOL) prices rose on Aug. 30 as traders speculated on what appeared to be a key but mysterious feature launch later this week. The SOL/USD exchange rate climbed to a new record high of $103.06 following a…
“# Bitcoin in line for ‘phenomenal’ weekly close if BTC price holds $49K ” Bitcoin (BTC) held $49,000 on Aug. 28 after the United States Federal Reserve sparked a run-up toward critical resistance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView All eyes on $49,300 on the weekly chart Data from Cointelegraph Markets Pro and TradingView showed…
“# Price analysis 8/27: BTC, ETH, ADA, BNB, XRP, DOGE, DOT, SOL, UNI, LUNA ” Asset managers and companies currently hold over 6% of Bitcoin’s (BTC) circulating supply, according to Buy Bitcoin Worldwide. A breakdown of the data shows Bitcoin fund issuers and asset managers hold about 4% of Bitcoin’s supply, public companies account for…