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“# Bitcoin hodling rate reaches 9-month high, boosting hopes of ‘bull flag’ rally to $70K ” A yearlong price rally in the Bitcoin (BTC) market and hopes for more upside moves in the future has prompted traders to hold the token instead of trading it for other assets, Glassnode data shows. The blockchain data analytics…
“# Bitcoin hodlers ‘only halfway’ to selling BTC after new $500K price prediction ” Bitcoin (BTC) investors will resist selling their coins a lot longer and the bull run will continue, new analysis believes. In a Twitter debate on Oct. 28, data analyst Mitch Klee delivered fresh evidence that the current bull run is only…
“# Dogecoin jumps 44% in one day as traders rotate Shiba Inu profits into DOGE ” Dogecoin (DOGE) soared on Oct. 28 amid massive capital rotations out of its top meme coin rival Shiba Inu’s (SHIB) market. Notably, the DOGE price rallied by a little over 44% to reach its intraday high of $0.3449. Its…
“# Bitcoin suddenly passes $61K as a $1.7K hourly candle fuels BTC bulls ” Bitcoin (BTC) delivered another classic surge during Oct. 28 as bulls enjoyed a $1,700 hourly candle. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin suddenly abandons the bears Data from Cointelegraph Markets Pro and TradingView showed BTC/USD breaking back above $60,000 after…
“# New Bitcoin hash rate highs remove any trace of China mining ban ” Bitcoin (BTC) has all but deleted any trace of the mining ban which saw hash rate dive 50% this year. According to the latest estimates, the network hash rate is now back at levels from May, just before China outlawed its…
“# Here’s why analysts say Bitcoin ETFs may ‘completely change the structure of the market’ ” After reaching new all-time highs it’s customary for Bitcoin (BTC) price see a bit of cooling off in the form of profit taking, consolidation and uncertainty from traders who are cautious about opening new positions at record highs. This appears…
“# Friday’s jaw-breaking $3.2B Bitcoin options expiry could kick-start a new rally ” Bitcoin (BTC) has been trading in a descending channel pattern since its $67,000 all-time high on Oct. 20, which was just one day after ProShares’ Bitcoin Strategy ETF (BITO) debuted at Nasdaq. However, bulls have a sufficient number of incentives to peg…
“# Price analysis 10/27: BTC, ETH, BNB, ADA, SOL, XRP, DOT, DOGE, SHIB, LUNA ” Bitcoin (BTC) has broken back below the psychological support at $60,000. While this seems to be negative in the short term, the price action has continued to mirror its movement in 2017. If the similarity continues for the remainder of…
“# Mask Network, 1inch and Shiba Inu ignore Bitcoin’s downtrend, posting 20% gains ” The cryptocurrency market is back on the rocks on Oct. 27 as many of the top assets find themselves in the red on the day after Bitcoin (BTC) price dropped to $58,000 in the early trading session. Despite the wider struggles of…
“# Shiba Inu fetches a new ATH — 3 reasons why SHIB keeps jumping higher ” Meme coins burst onto the scene in early 2021 and helped kickstart the bull market after Dogecoin (DOGE) rallied above $0.01 to new highs while being shilled by the likes of Elon Musk and Mark Cuban. Shortly afterwards, Dogecoin…