Bitcoin long-term hodlers begin ‘distribution’ which preceded BTC price bottoms

Bitcoin (BTC) stayed wedged in a decent vary on June Four as merchants’ calls for for a brand new macro low persevered. BTC/USD 1-hour candle chart (Bitstamp). Supply: TradingView Lengthy-term holders start... Read more »

This classic Bitcoin metric is flashing buy for first time since March 2020

Bitcoin (BTC) bulls could solely want a pair of easy transferring averages (SMAs) to find out if the underside is on this halving cycle. In a Twitter thread on June 2, Checkmate,... Read more »

Bitcoin, Ethereum in Critical Condition

Key Takeaways Bitcoin dropped beneath $28,000 over the previous 12 hours.  In the meantime, Ethereum misplaced the $1,800 degree as help.  Additional losses may be anticipated as promoting stress mounts.   Share this... Read more »

These Metrics Could Help Time the Bitcoin Market Bottom

Key Takeaways Bitcoin has misplaced greater than 43,600 factors over the previous seven months.  The highest cryptocurrency now hovers round $30,000 whereas threatening to dip decrease.  Technical indicators recommend market backside might... Read more »

Bitcoin ‘death cross’ data hints 43% drop due in BTC price bear market

Bitcoin (BTC) might fall greater than 40% from final week’s backside, new information warns as one analyst confronts what he says is now a bear market. In a collection of tweets on... Read more »

Contrarian Bitcoin investors identify buy zones even as extreme fear grips the market

Bitcoin (BTC) assist on the $30,000 stage has confirmed to be fairly resilient amidst the turmoil of the previous two weeks with many tokens within the high 100 now displaying indicators of... Read more »

Bitcoin is discounted near its ‘realized’ price, but analysts say there’s room for deep downside

There are early indicators of the “mud settling” within the crypto market now that traders imagine that the worst of the Terra (LUNA) collapse appears to be like to be over. Viewing... Read more »

Fear Prevails in Crypto Market as Bitcoin Tumbles

Key Takeaways The crypto market has misplaced over $1.7 trillion of worth within the final seven months.  Terra’s latest loss of life spiral has had an affect on market sentiment. One other... Read more »

Nasdaq has dotcom crash ‘deja vu’ says trader as Bitcoin correlation rises

Bitcoin (BTC) and its inventory market correlation are beneath contemporary scrutiny amid a warning that the Dotcom Bubble is repeating itself in 2022. In a tweet on April 22, well-liked dealer Peter... Read more »