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“# Bitcoin steals $47K from bears as critical BTC price resistance crumbles ” Bitcoin (BTC) tentatively reclaimed $47,000 on Sept. 15 in a move which analysts believe should open up the path to $50,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin bulls escape another retest of lows Data from Cointelegraph Markets Pro and TradingView showed…
“# 3 reasons why Elrond (EGLD) price is hitting new daily highs ” DeFi-focused protocols are seeing a sustained upward move and the the momentum appaers to be picking up pace now that the NFT sector has cooled off over the past two weeks. Since the beginning of August, Elrond (EGLD), a scalable and secure…
“# 3 reasons why Polkadot is en-route to a new ATH even after a 256% rally ” The recent 256% Polkadot (DOT) recovery over the past 56 days has been nothing short of spectacular. Although the price is 23% below its $49.80 all-time high from four months ago, the altcoin’s $39 billion market capitalization has…
“# 2 key Ethereum price metrics back traders’ confidence in $3,800 ETH ” According to derivatives markets, Ether (ETH) traders are still confident that there is the chance formore upside even though the 23% correction on Sept. 7 took a hit on prices. Ethereum network congestion also peaked on Sept. 7 when the average transaction…
“# Governance proposals and layer-two launches provide a boost to altcoins ” Bullish sentiment is on the rise on Sept. 14 as the price of Bitcoin (BTC) climbed higher throughout the morning and now takes aim at the $47,000 level. The building momentum also had a positive effect on altcoins and a handful of tokens…
“# CryptoPunks floor price slips below 80 ETH as NFT trading volume deflates by 50% ” The minimum cost to buy a CryptoPunks nonfungible token (NFT) from secondary marketplaces dropped below 80 ETH on Tuesday. Larva Labs reported that the so-called “CryptoPunk 1417,” a pixelated avatar of one of 3840 women created by digital artists…
“# Bitcoin gears up for $47K assault — Can BTC price overcome make-or-break resistance? ” Bitcoin (BTC) looked set to challenge critical $47,000 resistance on Tuesday amid a perfect storm of dwindling supply and “exhausted” bears. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hodlers vs. whales in the battle for $50,000 retest Data from Cointelegraph…
“# Bitcoin technicals: Incoming ‘golden cross’ presents potential bottom for BTC price ” Bitcoin (BTC) and the cryptocurrency market had a shakeout this week as the fake news surrounding Litecoin (LTC) caused a spike in volatility. However, the structure of the market didn’t change. In fact, Bitcoin’s price might be bottoming out as a Golden…
“# Bitcoin bull run expected as ‘exhausted’ bears sell at a loss ” Bitcoin (BTC) bears are “exhausted” and are even selling at a loss this week, fresh data confirms. In a tweet on Tuesday, Philip Swift, an analyst at trading suite platform Decentrader, espied an ongoing bullish trend in spent output profit ratio (SOPR)….
“# BTC price nears $46K with Bitcoin exchange reserves lower than November 2020 ” Bitcoin (BTC) preserved a higher low overnight on Sept. 14 in what one analyst believes may lead to sustained recovery. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: Time for “inevitable” Bitcoin supply shock Data from Cointelegraph Markets Pro and TradingView…