Auto Added by WPeMatico

Bitcoin Holders in ‘Accumulation Mode’ Suggest Speedy Recovery: Glassnode

As Bitcoin spiked through the resistant level of $23,000 after dipping below $19,000 recently, many expected that the breakout signaled a short-term relief rally. Glassnode’s weekly report predicts that the…

Continue ReadingBitcoin Holders in ‘Accumulation Mode’ Suggest Speedy Recovery: Glassnode

Bitcoin Explodes to $24K as Ethereum Consolidates Above $1,500 (Market Watch)

Although Bitcoin’s price was lagging over the past few days compared to Ethereum and some other altcoins, it caught up over the past 24 hours. BTC exploded by over 7.6%…

Continue ReadingBitcoin Explodes to $24K as Ethereum Consolidates Above $1,500 (Market Watch)

BTC Skyrockets to $23K, Here’s the Next Target if Bulls Maintain Momentum (Bitcoin Price Analysis)

Bitcoin’s rapid downtrend has halted, as the price has been hovering above the $17K-$20K area over the past few weeks. After getting rejected three times from the $20K support zone,…

Continue ReadingBTC Skyrockets to $23K, Here’s the Next Target if Bulls Maintain Momentum (Bitcoin Price Analysis)

Bitcoin’s Price Could Drop Below $20K as Miners Facing Capitulation (Analysis)

On-chain data reveals that bitcoin miners could be close to their capitulation after selling the most substantial chunk of BTC holdings for the past several months. As such, the asset’s…

Continue ReadingBitcoin’s Price Could Drop Below $20K as Miners Facing Capitulation (Analysis)

Over $160 Million Shorts Liquidated as BTC Pushes $22K, ETH Above $1.4K

The cryptocurrency market continues recovering, and over the past few days, it has gained a total of $150 billion to its capitalization, which now stands above $1 trillion. Bitcoin’s price…

Continue ReadingOver $160 Million Shorts Liquidated as BTC Pushes $22K, ETH Above $1.4K

BTC Facing Huge Resistance, Rejection Can Result in $18K Retest (Bitcoin Price Analysis)

Over the past week, Bitcoin had been fluctuating around the $20k confluence zone showing no real signs of a possible rebound: low volatility, lack of demand, and choppy price action.…

Continue ReadingBTC Facing Huge Resistance, Rejection Can Result in $18K Retest (Bitcoin Price Analysis)

Bitcoin Price Analysis: Here’s the Level BTC Need to Break to Escape from Danger Zone

Bitcoin’s price has been consolidating between the $20K and $23K over the last few weeks, following a massive crash from the $30K mark. So far, the price has been supported…

Continue ReadingBitcoin Price Analysis: Here’s the Level BTC Need to Break to Escape from Danger Zone

Bitcoin Sustains $20K, Ethereum Merge on Track for September, Celsius Bankruptcy: This Week’s Crypto Recap

The total cryptocurrency market found itself once again below the $1 trillion mark after losing over $30 billion in the past seven days. However, on the bright side, BTC managed…

Continue ReadingBitcoin Sustains $20K, Ethereum Merge on Track for September, Celsius Bankruptcy: This Week’s Crypto Recap