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Is BTC Eyeing Another Leg Down Following the Dip Below $22K? (Bitcoin Price Analysis)

Bitcoin has been experiencing what seems to be a prolonged bear market and is down more than 74% from its all-time high. Historically, the 200-week moving average has significantly supported…

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Tesla Sold 75% of BTC Holdings, Crypto Market Reclaims $1T, Ethereum Merge 90% Complete: This Week’s Recap

The past seven days were very eventful, and, fortunately, the week ended up in green. The total cryptocurrency market capitalization reclaimed the coveted $1 trillion level and is currently sitting…

Continue ReadingTesla Sold 75% of BTC Holdings, Crypto Market Reclaims $1T, Ethereum Merge 90% Complete: This Week’s Recap

Bitcoin Dropping to $20K Was the Nail in the Coffin for 3AC, Founders Share

Su Zhu and Kyle Davies – Co-Founders of the distressed cryptocurrency hedge fund Three Arrows Capital (3AC) – explained that accumulative lending agreements and the collapse of the digital asset…

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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…

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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%…

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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)