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“# Bitcoin price dips under $60K as Dollar Strength Index reaches 16-month highs ” Bitcoin (BTC) logged its worst daily performance since September as BTC price slid by 10% to under $59,000 on Nov. 16. On the other hand, the United States dollar jumped to its best level in sixteen months after spending across the…
“# Ethereum price risks losing $4K on ‘rising wedge’ breakout fears ” A selloff in Ether (ETH) on Nov. 16 has increased the chances of ETH’s price falling below $4,000. ETH plunged 10% to around $4,100 on Tuesday, amid an ongoing market correction led by Bitcoin (BTC). In doing so, Ether dropped below its fourth-quarter…
“# Bitcoin stages ‘picture-perfect rebound’ at $58.5K as crypto liquidations top $875M ” Bitcoin (BTC) recovered above $60,000 during Nov. 16 after a breakdown saw a trip to near $58,500. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Daily liquidations near $1 billion Data from Cointelegraph Markets Pro and TradingView tracked a resurgent BTC/USD as it reversed…
“# Bitcoin bargain: 3rd biggest whale address adds 207 BTC at $62K ” Bitcoin (BTC) whales are back in the game near $60,000 as data shows classic bull market behavior. According to on-chain monitoring resources on Nov. 16, the third-largest Bitcoin whale address has increased its holdings by 207 BTC. Whales buy the dip Despite…
“# Will Bitcoin hold $60K? Leverage shakeout ‘close to complete,’ data suggests ” Bitcoin (BTC) extended its slide on Nov. 16 as BTC price action returned to test $60,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin finally closes large CME gap Data from Cointelegraph Markets Pro and TradingView showed BTC/USD coming down 8% from Monday’s…
“# Bitcoin has stalled, but here’s why pro traders still expect $80K by January ” Selecting a timeframe for technical analysis is always a tricky topic, but usually, the longer the trend, the higher the odds it shall prevail. For example, those analyzing the 3-day Bitcoin (BTC) chart will unarguably identify an ascending channel pattern…
“# OpenSea volumes go bananas as collectors pile back into Bored Ape Yacht Club NFTs ” Crypto Twitter NFT influencers have been relatively quiet over the past two weeks as trading volumes on OpenSea dropped to a 3 month low and analysts critical of the emerging sector say a bear market is at hand. While…
“# DeFi traders cry foul after only 0.015% of active ParaSwap wallets receive PSP tokens ” Airdrops are once again back in style following the recent five-figure token drop from the Ethereum Name Service protocol that kicked off a flurry of protocol engagements from hopeful crypto enthusiasts looking to get in on the next “crypto…
“# Price analysis 11/15: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, SHIB, LUNA ” Bitcoin (BTC) could not sustain its gains and succumbed to profit-booking as the U.S. trading markets started the week, possibly indicating that bears have not given up yet. PlanB, creator of the popular BTC stock-to-flow model, does not seem to…
“# Keep3rV1, WINk and UMA ignore Bitcoin price dip by posting 20%+ gains ” The seesaw price action that the crypto market is known for is back on full display today as the modest gains Bitcoin (BTC) achieved over the weekend quickly disintegrated in the early market moves as the digital asset followed Tesla stock into…