Bitcoin (BTC) has rallied nearly 40% so far in January, which is the best start to the year since 2013. The sharp up-move has turned several on-chain signals bullish, according to on-chain analyst Cole Garner. Usually, a sharp recovery from the market lows, driven by the leader, is a sign that strong hands may be […]
Bitcoin (BTC) increased into secret liquidity for a 3rd time into Jan. 29 as the weekly and month-to-month closes loomed. BTC/USD 1-hour candlelight chart (Bitstamp). Source: TradingView Trader on Bitcoin: $25,000 “in sight” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD briefly striking $24,498 on Bitstamp overnight. The relocation, although brief lived, significant the set’s […]
Bitcoin (BTC) has “well-formed” proof, which recommends that its next all-time high will leading out at $200,000, one expert states. In a tweet on Jan. 27, popular Twitter analyst Trader Tardigrade, likewise understood as Alan, likewise exposed $70,000 as the next prospective bear market bottom. Stochastic sign uses Bitcoin bulls historic firepower For lotsof, BTC […]
Bitcoin (BTC) bulls do not requirement to wait long for the United States to start printing cash onceagain, analysts think. The mostcurrent analysis of U.S. macroeconomic information has led one market strategist to forecast quantitative tighteningup (QT) ending to prevent a “catastrophic financialobligation crisis.” Analyst: Fed will have “no option” with rate cuts The Federal […]
Bitcoin (BTC) stays strongly “bullish” at $23,000, according to brand-new on-chain metrics from one of the market’s best-known names. In a sneakpeek on Jan. 28, market bicyclist and on-chain expert Cole Garner exposed what he stated were “backtested and confirmed” Bitcoin trading tools. Garner: BTC cost signals must excite bulls While BTC/USD efforts to push […]
Despite the recent negative crypto and macroeconomic newsflow, the total cryptocurrency market capitalization broke above $1 trillion on Jan. 21. An encouraging sign is that derivatives metrics are not showing increased demand from bearish traders at the moment. Total crypto market cap in USD, 1-day. Source: TradingView Bitcoin (BTC) price gained 8% on the week, […]
After two weeks of a stupendous rally, Bitcoin’s (BTC) price has largely been flat this week. This is a positive sign as it shows that market participants are not growing nervous before a slew of central bank meetings take place next week. The United States Federal Reserve, European Central Bank and Bank of England are […]
Matrixport’s head of research and strategy suggests the industry will soon see layer 1 and other altcoins outperforming relative to Bitcoin. 88 Total views 3 Total shares Own this piece of history Collect this article as an NFT Institutional investors are “not giving up on crypto,” with recent data pointing to as much as 85% […]
Bitcoin (BTC) is seeing brand-new records in network activity as volatility sendsout BTC rate action to fresh five-month highs. Data from resources consistingof MiningPoolStats verifies that Bitcoin’s hash rate hit brand-new all-time highs on Jan. 26. Hash rate passes 300 EH/s limit In another example of Bitcoin’s blitz healing from the pits of post-FTX concerns, […]
Bitcoin is still in line for a breakout, analysis concludes, as short-term weakness sees BTC price fall below $22,500. 544 Total views 3 Total shares Own this piece of history Collect this article as an NFT Bitcoin (BTC) saw weakness at the Jan. 25 Wall Street open as United States equities fell in step. BTC/USD […]
Bitcoin (BTC) still runstheriskof “considerable risk” in 2023 as macroeconomic conditions determine rate action. That is according to economicexpert Lyn Alden, who in personal remarks to Cointelegraph warned on Bitcoin staying bullish after its January gains. Alden: BTC rate bottom is a “process” Optimism is increasing throughout crypto as BTC/USD broadly maintains levels, which are […]
Bitcoin (BTC) traded sideways at the Jan. 24 Wall Street open with experts at a loss over where rate would go next. BTC/USD 1-hour candlelight chart (Bitstamp). Source: TradingView BTC rate holds listedbelow secret resistance Data from Cointelegraph Markets Pro and TradingView tracked a day of combination for BTC/USD, which continued to remain near $23,000. […]