The recent on-chain data regarding Bitcoin has shown a significant amount of selling pressure, resulting in a decline of nearly 5% in the past week. This downward pressure has been attributed to Bitcoin miners actively participating in the open market by offloading more than 1,200 BTC in a single day. With the selling of around
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Crypto analyst TechDev has provided insights into the Bitcoin future trajectory. According to him, Bitcoin has yet to reach its full potential in this market cycle and more price surges lie ahead. TechDev highlighted in a post on X (formerly Twitter) that blowoff tops for Bitcoin only occur after the four-week Chaikin money flow (CMF)
The world of cryptocurrency is always full of surprises, with Bitcoin being one of the most popular and talked-about digital assets. Despite recent price fluctuations that saw Bitcoin drop from $69,000, the currency is still holding strong with bulls maintaining support above $67,000. This article will delve into the analysis provided by Crypto analyst CryptoCon
The landscape of the Bitcoin market is experiencing a shift in investor behavior, with new players embracing short-term trading strategies while seasoned hodlers remain steadfast in their convictions. A recent report by Bitfinex Alpha delves into this dichotomy in investor behavior, shedding light on the dynamics at play in the market. The emergence of spot
Crypto analyst Dave the Wave has recently provided an optimistic outlook for Bitcoin, despite the cryptocurrency’s recent stumble. In a social media post, he suggested that Bitcoin could skyrocket to as high as $300,000 based on his logarithmic growth channel (LGC) indicator. According to his analysis, this remarkable price surge is anticipated to occur in
In the world of cryptocurrencies, Bitcoin remains the flagship digital asset that often sets the tone for the entire market. Analysts have been closely monitoring its price action, especially in light of the recent halving event. Several major crypto analysts have shared their insights and predictions regarding the future trajectory of Bitcoin. CrediBULL Crypto’s Optimistic
The process of creating art that is inspired by cryptocurrency is a unique and innovative endeavor. Artists are constantly exploring new ways to express the essence of digital currency through their work. VESA, a prominent artist in this space, recently released a Bitcoin-specific piece exclusively on Scarce.City. This artwork not only showcases VESA’s creative talents
The XRP price has been facing challenges in recovering above the critical $0.5050 resistance zone. Despite attempting a recovery wave above $0.4920, similar to Ethereum and Bitcoin, XRP failed to sustain its momentum. The bears remained active near $0.5050, leading to a decline in price once again. XRP is currently trading below $0.500 and the
Delving into the world of cryptocurrency is like embarking on a treasure hunt mixed with storytelling, at least for one dedicated journalist named Christian. Christian’s journey with the written word began long before the age of Bitcoin, as he honed his craft as a feature writer for his college paper. This early love for storytelling
The Bitcoin price has hit a roadblock after reaching the $71,000 level, hovering in a state of uncertainty and indecisiveness. This period of stagnation often serves as a precursor to a significant price movement, but predicting the direction in which the price will move is a challenging task. Alan Santana, a crypto analyst, has conducted