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Bitcoin Futures Backwardation: Reflection of “Weak Demand” or A Sign of “A Giga Bottom”

The price of Bitcoin has been bouncing this week, going from $31,000 on Tuesday to above $38,400 on Thursday. As of writing, BTC/USD is trading around $37,400. However, despite the jump, the price continues to be in the $30k-$40k range, and until either of the ends are breached, it is hard to pinpoint the direction […] The post Bitcoin Futures Backwardation: Reflection of “Weak Demand” or A Sign of “A Giga Bottom” first appeared on BitcoinExchangeGuide. дальше »

2021-6-11 16:25


More than 1 Million Addresses Bought Bitcoin Yesterday: V Shape Recovery to 100,000$ is Possible

Bitcoin and other cryptocurrencies had witnessed one of the worst trading sessions in recent times. Bitcoin Price Plunged from 42000$ to 30000$ during US Trading Sessions, Bitcoin price found an intraday bottom at 30,000$, BTC Price quickly bounced from this support and reached above 39000$ within few minutes. дальше »

2021-5-20 07:01


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Scarily Accurate Analyst Thinks Bitcoin Will Hold $10,000, Triggering Strong Growth

Bitcoin has flirted with falling under $10,000 multiple times over the past week. If you take a look at BTC’s recent price action, you will see a series of bottom wicks just below $10,000. This shows that Bitcoin traders do not want the leading cryptocurrency to trade under that pivotal support level. By NewsBTC’s count, […] дальше »

2020-9-11 13:00