These On-Chain Indicators Suggest Bitcoin’s Bottom Draws Near
Bitcoin and crypto markets are a full year into bear territory, and it has been about that time when the cycle bottom occurs. During the previous bear market, it came…
Auto Added by WPeMatico
Bitcoin and crypto markets are a full year into bear territory, and it has been about that time when the cycle bottom occurs. During the previous bear market, it came…
Bitcoin failed to produce a meaningful breakout throughout the past 24 hours and is now consolidating around the coveted $17K level. As it has proven to be the case many…
Following a massive decline in early November, Bitcoin’s price has consequently suffered from extremely low volatility. The cryptocurrency has been consolidating with serious downward momentum since this significant drop. Technical…
The Bitcoin Hash Ribbon metric had a good run when it came down to signal a buying opportunity. However, the recent downturn of the market, induced by the FTX crash,…
Bitcoin’s price is approaching a significant level, which could prove decisive for the mid-term trend of the market. Although there are some positive signs on the technical charts, it remains…
The past seven days were filled with a lot of information as the situation around FTX keeps unraveling. The former CEO of the exchange – Sam Bankman-Fried, had multiple appearances,…
The markets have fared well with yesterday’s speech of Fed Chairman Jerome Powell, and Bitcoin has so far been successful in reclaiming $17K. This has also pushed the total market…
Bear markets always appear to be long, drawn-out affairs, but the steep downtrend only really lasts a year or so. The crypto industry hit its all-time high of just over…
Bitcoin’s price has surged toward $17K, charting an increase of 5% for the week and 2.5% for the day. This happens as an important historic sign flashes again and is…
Hash ribbons have just formed a death cross which has been a leading indicator for Bitcoin miner capitulation in previous cycles. Hash Ribbon indicators use simple daily moving averages to…