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Two On-Chain Indicators Show Strong Signs Of BTC $29k Price Despite Slight Drop

Bitcoin (BTC) has had a wild run this year after recording over 72% growth over the past months with several indicators pointing upward despite slight price corrections.  The price of BTC was riddled with a little over 10% price fluctuations between $27,000 and $30,000 from April 25 to May 1. On a much positive front, […] дальше »

2023-5-8 20:12


Paul Tudor Jones sees Bitcoin much higher as fiscal excess unwinds

On holding Bitcoin, Hedge Fund Manager Paul Tudor Jones said he has “still got a very minor allocation, I’ve always had a small allocation to it.” This is despite its highly correlated moves with the risk-on market, not to mention stagnant price action lately, with the past month seeing the BTC price ranging between $18,300 […] The post Paul Tudor Jones sees Bitcoin much higher as fiscal excess unwinds appeared first on CryptoSlate. дальше »

2022-10-11 20:18


Bitcoin Active Addresses Stay Low, A Hint That Demand Isn’t There Yet

On-chain data shows the number of active Bitcoin addresses have remained at a low value for a while now, suggesting there isn’t much demand for the crypto currently. Bitcoin Active Addresses Have Continued To Move Sideways Recently As pointed out by an analyst in a CryptoQuant post, the BTC network activity has been low in recent days, implying there isn’t enough demand for a bull rally just yet. дальше »

2022-9-27 22:00


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Peter Schiff maintains bearish stance on Bitcoin, Michael Saylor says it offers ‘hope’

Peter Schiff, an economist and staunch Bitcoin critic, has reiterated his bearish stance on the price of Bitcoin (BTC/USD), noting that the benchmark cryptocurrency could dip below $10,000. Bitcoin trades at $24k- Peter Schiff says $10,000 is coming According to Peter Schiff, putting Bitcoin’s “rally into perspective” reveals bears are still very much on top. дальше »

2022-8-16 19:14