Bitcoin Tops Above $46.5K, Why BTC Could Extend Losses
[ad_1] Bitcoin price failed to continue higher above $46,700 against the US Dollar. BTC is correcting gains and it might revisit the $42,850 support zone. Bitcoin failed to clear the $46,500 and $46,700 resistance levels. The price is now trading below $45,000 and the 100 hourly simple moving average....
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Bitcoin Accumulation Patterns Shows Rally Might Only Be In Its Early Stages
[ad_1] Bitcoin accumulation patterns continue to point to the fact that the recent rally might not be ending anytime soon. Investors have continued to hoard assets as the volume of bitcoins sent to exchanges to be sold off or traded falls below the accumulation rate. Outflows from exchanges have...
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Bitcoin SV rocked by three 51% attacks in as many months
[ad_1] Bitcoin Satoshi’s Vision, the fork of another Bitcoin (BTC) fork, has for the third time in three months suffered a blockchain reorganization (reorg) attack. With a call to all stakeholders to mark the malicious network branch as invalid, Bitcoin SV (BSV) developers say the attacks have been repelled...
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How A Hammer & The Golden Ratio Could Mean 6 More Months Of Bullish Bitcoin
[ad_1] Bitcoin price is attempting to get back above $40,000, and with that milestone out of the way, $50,000 and $60,000 next stand in the way between it and another new all-time high. Although things have taken a bearish turn over the last quarter, the next two quarters in...
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On-Chain Expert Predicts $162K Bitcoin Peak This Cycle
[ad_1] Bitcoin continues to beat expectations this year. Despite most investors speculating the bull market was already over, the digital asset has posted another rally that shows that the market might in fact still be in a bull cycle. The last two weekends have seen bitcoin prices adding at...
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Why Bitcoin Could Soar To $45K As Strong Holders Grow
[ad_1] Bitcoin has retaken the highs of its current range. The first cryptocurrency by market cap trades at $41,300, at the time of writing, with a 6% and 23.8% profit in the daily chart. BTC moving sideways after retaking $40,000 in the daily chart. Source: BTCUSD Tradingview The general...
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Huge Bitcoin Inflow To Gemini Behind The Drop To $38k?
[ad_1] On-chain analysis shows that crypto exchange Gemini observed huge Bitcoin inflows just before the plunge down to $38k. Huge Bitcoin Inflows To Gemini As pointed out by a CryptoQuant post, crypto exchange Gemini saw huge inflows earlier today resulting in a positive spike in the netflows. Before examining...
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Bitcoin (BTC) shopping rewards platform Lolli closes $10M funding round
[ad_1] Lolli, a bitcoin (BTC) shopping rewards app, announced today the close of a $10 million Series A financing round led by early Chime backer, Acrew Capital. The round also included Banana Capital, Up North Management, and Animal Capital, the Gen. Z-focused venture capital fund founded by social media...
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Bitcoin fails to flip $40K with traders eyeing $36K or lower for support
[ad_1] Bitcoin (BTC) saw tough resistance after nearing $41,000 on July 28 amid calls for consolidation of recent gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $40,000 yet to stick as new support Data from Cointelegraph Markets Pro and TradingView showed BTC/USD pulling back below the $40,000 mark as...
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This Bitcoin Indicator Might Suggest Bull Run Is Still On
[ad_1] The MVRV ratio, a Bitcoin indicator, might suggest that the current bull run isn’t over, and the price of the crypto is yet to peak. The MVRV Ratio Indicates The Cycle Isn’t Over Yet As pointed out by a Crypto Quant post, past cycles seem to follow a...
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