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“# Bitcoin price falls under $33K, but on-chain data hints at BTC accumulation ” As the pressures placed on the market by China’s cryptocurrency crackdown begin to subside and the Bitcoin (BTC) hashrate starts to show signs of recovery, traders are now focused on how the price will be affected by this week’s unlocking of more…
“# Price analysis 7/12: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, BCH, LTC ” Bitcoin’s (BTC) roof has been shifting lower in the past few days, which is a negative sign because it shows that bears are selling on every minor rally. Bitcoin’s weakness is affecting the major altcoins as most are gradually drifting…
“# Bitcoin dips below $33K as shorts spike, trader warns of ‘violent’ BTC price squeeze ” Bitcoin (BTC) fell back below $33,000 support on July 12 as a familiar cocktail of low volumes and mounting shorts pressured price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Shorters fail to spark a Bitcoin rout Data from…
“# Synthetix hits one-month high as SNX rallies 25% ahead of layer 2 exchange launch ” Synthetix (SNX) prices reached a one-month high on Monday as traders looked for alternative upside bets against a mixed cryptocurrency market. Bids for SNX/USD achieved an intraday high of $13.76 during the Asia-Pacific trading session, following an approximately 25%…
“# Bitcoin price will see breakout ‘during this week’ says trader with $38K target ” Bitcoin (BTC) closed beneath a key moving average for the eighth week in a row this weekend, but one analyst is betting on an imminent breakout. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin balances breakout with Grayscale worries Data…
“# Countdown to Grayscale’s big BTC unlock: 5 things to watch in Bitcoin this week ” Bitcoin (BTC) starts a new week in familiar territory — crucial support is back, but bulls have not yet got their breakout. Could that soon change? After reclaiming $33,000 on Friday, BTC/USD has held on to the trading corridor…
“# Small Love Potion (SLP) price doubles as Axie Infinity user growth explodes ” Last week Axie Infinity’s AXS token went on an impressive parabolic run and hit a new all-time high at $19.60. Small Love Potion (SLP), a token in the Axie Infinity (AXS) ecosystem that is minted through gameplay as a reward to…
“# Top 5 cryptocurrencies to watch this week: BTC, LUNA, ATOM, CAKE, FTT ” Bitcoin (BTC) price is still range-bound and traders are searching for signs that may provide insight about the next directional move. Philip Swift, the creator of analytics resource LookIntoBitcoin, pointed out on July 9 that the Puell Multiple rebounded “out of…
“# Strong Bitcoin accumulation spotted as BTC price refuses to fall below $30K ” Bitcoin (BTC) price remained relatively flat over the weekend, inching closer to $34,000 on July 11. Nevertheless, BTC/USD has tumbled by almost 50% from its all-time high, near $65,000 in mid-April. But the massive downside move has not deterred investors from…
“# 3 reasons why Constellation (DAG) price outperformed most altcoins this week ” The concerns voiced about the consensus mechanisms of Bitcoin (BTC) and Ethereum (ETH) have played a part in the sideways price action both assets have seen over the past two months, opening the door for other competing projects to gain attention. One…