Bitcoin Dips Below $62.5K as CoinDesk's BTC Trend Indicator Turns Neutral

2024-4-16 08:15

CoinDesk Indices' Bitcoin Trend Indicator has been indicating a strong uptrend since last fall.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

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Bitcoin (BTC) на Currencies.ru

$ 61501.03 (-0.25%)
Объем 24H $25.1b
Изменеия 24h: -1.61 %, 7d: 7.28 %
Cегодня L: $60884.44 - H: $61728.04
Капитализация $1211.311b Rank 1
Цена в час новости $ 62560.36 (-1.69%)

trend indicator bitcoin coindesk indicating fall uptrend

trend indicator → Результатов: 126


Is BTC in early stages of a long-term bull rally? This historically accurate indicator suggests...

Bitcoin’s reserve risk indicator suggests that the market is on its long-term bullish recovery trend. The bullish expectations align with Bitcoin’s pricing model. Bitcoin’s bullish 202The post Is BTC in early stages of a long-term bull rally? This historically accurate indicator suggests... appeared first on AMBCrypto.

2023-4-19 08:30


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Bitcoin Holders Aggressively Accumulate BTC, Good News For Rally?

On-chain data shows that Bitcoin investors have shifted towards aggressive accumulation recently, something that may help sustain the rally longer. Bitcoin Accumulation Trend Score Has Tended Towards 1 Recently According to data from the on-chain analytics firm Glassnode, there is a structural similarity forming between the current and 2018-2019 BTC cycles. The indicator of interest […]

2023-4-4 16:30


Bitcoin MPI Rises To Highest Value Since March 2021, Bull Rally Soon?

On-chain data suggests the Bitcoin MPI indicator has observed a rise recently, now reaching the same values as March 2021. Past pattern may hint that a bull rally could follow here. Bitcoin MPI Seems To Be Catching Some Uptrend After Months Of Inactivity As explained by an analyst in a CryptoQuant post, the BTC MPI metric’s current trend may suggest that a bull rally could occur soon, if historical pattern is anything to go by.

2022-3-15 22:00


Bitcoin NUPL Says Market Stands At Key Junction Between Bull And Bear Trends

The Bitcoin NUPL indicator shows the market is currently testing a key support level that may be a junction between bullish and bearish trends. Bitcoin NUPL Shows Market Currently Stands At Key Support Level As per the latest weekly report from Glassnode, the NUPL shows that the market has entered a key zone that can decide whether the following trend will be bullish or bearish.

2021-12-14 22:00


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If History Rhymes, This Indicator Suggests Bitcoin May See a Parabolic Explosion

Bitcoin has seen some mixed price action as of late, with bulls being unable to take control of its trend in the time following its rally up to $28,500 The rejection here was quite intense, and it has yet to show any signs of strength in the time following this occurrence The fact that bulls have guarded against any deeper drawback is positive because it invalidates the possibility that this recent high is a blow-off […]

2020-12-30 21:00


This Indicator Shows Ethereum is Structurally Similar to Where BTC Was in 2016

Bitcoin and the aggregated cryptocurrency market have been leading altcoins higher, with Ethereum showing some immense signs of strength as it once again breaks $470 The broader crypto market is getting stronger, as altcoins are now rallying in tandem with BTC or closely following it If this trend persists, then investor sentiment and risk appetite may continue growing, leading more investors to rotate capital into higher beta assets This possibility is already coming to fruition, […]

2020-11-14 23:00


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Analysts Think Ethereum’s Bull Trend is “Just Getting Started” Despite Selloff

Ethereum has plunged today despite the strength seen by Bitcoin ETH’s ongoing descent has sent shockwaves throughout the market, creating a tailwind that has adversely impacted most other altcoins This intense selling pressure isn’t showing any signs of letting up today, but it is important to note that there’s still a chance that an upside movement is brewing One analyst is pointing to ETH’s Renko chart with a Guppy indicator, noting that it appears to […]

2020-10-21 23:00


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This Fundamental Indicator Shows Why Bitcoin Can’t Seem to Break $11,000

Bitcoin’s price has entered a consolidation phase as it trades between $10,600 and $10,800 The cryptocurrency’s strong uptrend in recent days stalled as soon as it approached $11,000, as the selling pressure at this level has proven to be quite significant Analysts are now conflicted on where it may trend next, as it all depends on whether $11,000 proves to be a surmountable level One analytics firm is now noting that there is one indicator […]

2020-9-30 02:00