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” Bitcoin derivatives metrics favor a move to $48K, but only after a lower support retest “ Bitcoin (BTC) saw an 11% gain in the past week after the $46,000 resistance finally broke after 82 days. Many crypto pundits argue that Terraform Labs CEO Do Kwon has played an important role in the price change, but…
” Bitcoin suddenly dives to $46K as attention focuses on large CME futures gaps “ Bitcoin (BTC) began to show fresh signs of an impending correction on March 31 as BTC price action began to eat into last weekend’s CME futures gap. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Up or down, CME futures gaps…
” Zilliqa’s ‘metaverse’ debut pumps ZIL price 350% in just five days — selloff ahead? “ Zilliqa (ZIL) continues its supersonic bull run this week after reports that it will officially launch a so-called metaverse-as-a-service (MaaS) platform in April. ZIL rallied nearly 25% in one day to $0.22 a token by Wednesday, its best level since…
” ‘Hold my beer’ — Terra already up $165M from buying Bitcoin as BTC stash nears Tesla “ Bitcoin (BTC) has already netted its biggest new buyer almost $200 million in profit from price increases, data suggests. Analysis of the wallet related to Blockchain protocol Terra reveals that since it began amassing BTC in Q1…
” Bitcoin just regained a key price trendline after its longest absence since March 2020 “ Bitcoin (BTC) may be consolidating at $47,000, but longer timeframes show just how significant this week’s mini bull run has been. According to the Golden Ratio Multiplier (GRM) metric, on March 27, BTC/USD reclaimed an essential support zone for…
” DeFi sector TVL rises as investors return to a bullish crypto market “ The month of March has been a tale of two halves for the cryptocurrency market and the weakness seen since the start of the year has began to fade. Bitcoin’s (BTC) strong move above the $40,000 level is helping to lift…
” Aave v3 launch triggers 50% rally from long-term descending channel pattern “ The decentralized finance (DeFi) market has been undergoing a period of maturation over the past year and many of last year’s fast risers have faded into obscurity but this does not mean the formerly “famous” protocols have not continued to build. One…
” Bitcoin sentiment hits ‘greed’ in 2022 first amid calls for $45K BTC price pullback “ Bitcoin (BTC) sentiment is seeing its first significant test of the rally to year-to-date highs as bullish gains dry up. The start of Wall Street trading on March 30 failed to induce a fresh advance on BTC/USD, which threatened…
” Solana price up 50% in two weeks, but here’s why $120 will be hard to crack “ Solana (SOL) continued its two-week uptrend on March 30, rising in part owing to its integration with OpenSea, the world’s biggest nonfungible token (NFT) by volume. SOL price rises to multi-week highs SOL’s price gained 4.5% in the past…
” Bitcoin hits 3-day low as Terra BTC buy-ins dry up below $48K “ Bitcoin (BTC) hinted at a welcome retracement overnight into March 30 after relentless upside failed to flip $48,000 to support. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: BTC still on target to crack $50,000 Data from Cointelegraph Markets Pro and…