“Parabolic” Signal That Triggered Past Bitcoin Bull Runs Reappears
[ad_1] Bitcoin price made a 5% move today, poking above $19,000 momentarily. It is currently the largest daily climb of 2023 and since the FTX collapse. More significantly, the sharp rally tagged a level that triggered a possible trend change according to the weekly Parabolic SAR. In the past,...
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What Will Drive the Next Crypto Bull Run?
[ad_1] Despite the air of despondency that has blanketed the crypto space for the last several months, there has not so far been anything this cycle to signal a major departure from previous trends. Take Advantage of the Biggest Financial Event in London. This year we have expanded to...
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Bitcoin Rests Tentatively Above $31,000, Bull Rally Or Trap?
[ad_1] The price of bitcoin has been doing significantly well compare to where it was about a week ago. It has now recovered above a highly coveted point, returning some faith back into the market. However, the position where the digital asset currently resides is one that is unstable....
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ADA price hits $3 for the first time as Cardano, Ethereum lead crypto ‘super bull cycle’
[ad_1] Cardano’s ADA token surged to new all-time highs on Sep. 2 as an altcoin comeback gripped cryptocurrency markets. ADA/USD 1-day candle chart (Binance). Source: TradingView Cardano joins Ethereum in serious gains Data from Cointelegraph Markets Pro and TradingView showed ADA/USD clipping $3.06 during trading Thursday. Having shown strength...
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Here’s What Bitcoin Exchange Inventory Levels Means For The Bull Rally
[ad_1] Bitcoin exchange inventory level is a good way to gauge market sentiment towards the cryptocurrency. Inflows to exchanges in the past have usually indicated strong sell sentiment. Stemming from investors wanting to cash out the profits that they have made. This is usually the case during bull markets...
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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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Bitcoin sees second-longest bull market drawdown with BTC price ‘stuck’ at $30K
[ad_1] It’s now three months since the last Bitcoin (BTC) all-time high, but one measure suggests that holders may be waiting even longer for the next. In a series of tweets on July 17, analytics service Ecoinometrics revealed that this year’s descent from all-time highs is the second-longest in...
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