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“# Bitcoin hits new all-time high in Turkey as fiat currency lira goes into freefall ” Bitcoin (BTC) has frustrated investors with its recent price correction, but in one country, BTC hodlers have never been more relieved. Market data from TradingView on Nov. 23 confirmed that Bitcoin has hit new all-time highs against the Turkish…
“# Bitcoin exchanges see large deposits despite BTC reserves hitting 3-year lows ” Bitcoin (BTC) whales are moving large amounts of coins to exchanges in tandem with large outflows, curious new data shows. According to the exchange whale ratio indicator from on-chain analytics firm CryptoQuant, large transactions have accounted for over 90% of recent exchange…
“# Bitcoin whales plan to buy BTC higher as fresh Mt. Gox payouts add to market fear ” Bitcoin (BTC) showed no sign of tackling $60,000 resistance on Nov. 23 as the specter of defunct exchange Mt. Gox returned to haunt price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Mt. Gox makes waves with…
“# Analysts pinpoint bull and bear scenarios as Bitcoin price dips below $56K ” Cooler heads are calling for a collective deep breath and a step back to see the long-term outlook for the future of Bitcoin (BTC) price and the wider crypto market, but today’s drop back under $56,000 is raising eyebrows among traders….
“# Total crypto market cap drops by 6.7%, but futures data finds a silver lining ” Looking at the past seven days of winners and losers might give one the impression that cryptocurrency markets are net positive. Still, total market capitalization actually fell by 6.7% to $2.72 trillion as Bitcoin’s (BTC) price retraced 8.3% to…
“# Price analysis 11/22: BTC, ETH, BNB, SOL, ADA, XRP, DOT, AVAX, DOGE, SHIB ” Bitcoin (BTC) continues to be pinned down below $60,000, indicating that higher levels are attracting selling from traders. The S&P 500 made a new all-time high on Nov. 22 due to reports that United States President Joe Biden had renominated Jerome…
“# Bitcoin stays volatile as BTC jumps $2.9K in 15 minutes before Wall St. open ” Bitcoin (BTC) stayed true to form on Nov. 22 as the hour before the Wall St. opening bell was met with a sudden surge. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Skittish Bitcoin darts around below $60,000 Data from…
“# Ethereum ‘huge Cup & Handle pattern’ reaffirms $6.5K ETH price target ” Ethereum’s native asset Ether (ETH) may rebound by nearly 60% in the coming sessions as the bulls pin hopes on a classic bullish continuation pattern. Prices may rise to or above $6,500 from their current levels near $4,100 after completing a “cup…
“# $60K becomes resistance — 5 things to watch in Bitcoin this week ” Bitcoin (BTC) begins a new week with a rare disappointment for its Q4 bull run — failing to crack previous support. After a promising weekend, BTC/USD ultimately saw rejection at $60,000 twice, and has since headed below $57,000 as market momentum…
“# Top 5 cryptocurrencies to watch this week: BTC, AVAX, MATIC, EGLD, MANA ” Bitcoin (BTC) is witnessing a tough tussle near the $58,000 mark but that has not stopped select altcoins from hitting a new all-time high. This shows that traders are watching the fundamental developments on individual coins. One of the recent top…