Tag: Signal

[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,...

[ad_1] Several metrics currently suggest that the Bitcoin price is finally finding its bottom after another capitulation event, possibly triggered by the Genesis/ DCG/ Grayscale saga. This final miner capitulation may be imminent as miners are selling their BTC at the fastest rate since early 2016. In light of...

[ad_1] Data shows the Bitcoin miner reserves have continued to trend downwards recently, suggesting that miners have been dumping their coins. Bitcoin Miners Have Been Withdrawing From Their Wallets In Recent Days As pointed out by an analyst in a CryptoQuant post, BTC miner reserves have been observing negative...

[ad_1] On-chain data shows the Bitcoin exchange netflow has observed a sharp positive spike recently, a sign that could be bearish for the crypto’s price. Bitcoin All Exchanges Netflow Spikes Up Following 9% Inflation Report As pointed out by an analyst in a CryptoQuant post, exchanges have recently seen...

[ad_1] It’s been a rough few weeks for cryptocurrencies, but things are finally looking up! Cryptocurrencies that have fallen off their highs over the past three weeks appear to be on an upward trajectory again. Crypto winter is thawing as crypto markets are showing some signs of life. For...

[ad_1] A rare bullish bitcoin signal, the difficulty ribbon compression, has started pumping up for the first time since the bull run started. The Bitcoin Difficulty Ribbon Compression Goes Up As pointed out by a BTC analyst on Twitter, the difficulty ribbon compression seems to be going up for...