Bitcoin Signal That Preceded 288% Rally About to Flash, and It’s Huge for Bulls

2020-1-20 14:00

While Bitcoin (BTC) has struggled, experiencing two plunges of 7% and 3%, respectively, the weekly chart of the cryptocurrency is on the verge of printing a bullish signal. The signal in question was last seen prior to BTC’s 288% surge from the mid-$3,000s to $14,000 in a few months’ time.

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Bitcoin’s bull run may have started last week based on this technical index

Bitcoin could have entered a new bull market last week based on a technical indicator that has been extremely effective at determining previous parabolic movements. Determining the trend’s direction In a recent tweet, Sawcruhteez, a financial analyst and swing trader, emphasized that the parabolic SAR presented a buy signal on BTC’s 1-week chart.

2020-1-13 21:00


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Bitcoin UTXO Growth Hits New All-Time High, But What Does it Mean?

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2020-1-2 16:30


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2019-12-30 22:32


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Bitcoin has been caught in the throes of a strong and enduring downtrend over the past several weeks, which was first sparked when the crypto failed to stabilize above $10,000 in late October. This downtrend, however, may soon draw to a close, as one pricing model suggests that Bitcoin could be on the cusp of […] The post Analyst: Bitcoin stock to flow model could signal that $10,000+ BTC is imminent appeared first on CryptoSlate.

2019-11-28 06:00


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Trigger-Happy Bitcoin Whales Send $24 Million in BTC to Two Exchanges

On Thursday afternoon, an unknown Bitcoin whale transferred more than $12 million worth of BTC to Bitfinex—prompting fears that those dealing with serious money are looking to cash out their BTC. Significant transfers of Bitcoin from an unknown wallet to a known exchange wallet are widely considered to be a strong bearish signal since arguably […] The post Trigger-Happy Bitcoin Whales Send $24 Million in BTC to Two Exchanges appeared first on BeInCrypto.

2019-10-18 22:59


Bitcoin Price Signal “Technically in Bear Territory”; Can BTC Recover?

According to one analyst, the Bitcoin (BTC) price is entering “bear” territory. This may seem crazy, especially considering that the leading cryptocurrency is still some three times higher than it was during December’s harrowing bottom, but there is technical analysis-based evidence to suggest that BTC is in more of a precarious situation than some think.

2019-9-23 15:00