2022-12-14 11:14 |
Not all Wyckoff accumulation setups lead to massive price rallies as far as the Bitcoin and cryptocurrency markets are concerned.
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In today's analysis, BeInCrypto looks at the Wyckoff schematics, which can explain the current accumulation phase of the Bitcoin (BTC) price. The post Wyckoff Accumulation Suggests Bitcoin (BTC) Price Has Already Bottomed Out appeared first on BeInCrypto.
2022-12-9 22:00 | |
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In this episode of NewsBTC’s daily technical analysis videos, we compare Bitcoin price action with Wyckoff accumulation schematics, price cycles and more. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): September 8, 2022 This video provides a detailed look at Bitcoin market cycles using Wyckoff theory and other cyclical tools.
2022-9-9 21:50 | |
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A recent article discussed the possibility of Bitcoin being in a Wyckoff Accumulation as its price targets a comeback towards the $40,000 mark. As traders await BTC's recovery to its April highs, its The post Here's what would trigger a swing to the upside for Bitcoin appeared first on AMBCrypto.
2021-7-6 16:00 | |
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The Bitcoin price has been decreasing since reaching a high of $10,491 on February 13. The price began March with an increase but the downward move resumed on March 7. Bitcoin (BTC) Price Highlights The Bitcoin price might be following the Wyckoff accumulation.
2020-3-10 00:06 | |
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The Bitcoin price has been increasing since reaching a low of $8,455 on Feb. 26. Both the Wyckoff accumulation method and Elliot wave theory suggest that this increase is a part of a larger correction.
2020-3-6 01:20 | |
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The DOGE price is possibly in a Wyckoff Accumulation Process. The current movement resembles the last point of support, after which the price could target the first resistance level at 35 satoshis.
2020-1-22 01:18 | |
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At the start of the year, it was clear that Bitcoin was in an accumulation phase, where “smart money” buys up an asset in anticipation of a sizable increase in value during the following markup phase.
2019-11-16 21:00 | |
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Technicals suggest price is currently sitting on support and setting up for a bullish trend reversal in the short term. High timeframes continue to suggest an active bear trend with the potential for an ongoing eight-month Wyckoff accumulation phase.
2018-8-20 18:25 | |
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Genesis Digital Assets Limited (GDA), a leading force in the global Bitcoin mining sector, has partnered with YPF Luz, a subsidiary of Argentina’s state-owned energy company YPF. Together, both partners have established a new Bitcoin mining facility that capitalizes on an innovative energy resource: stranded gas from oil fields.
Recent findings from BitMEX Research have reignited concerns about the centralization of Bitcoin mining. Their study, which cites insights from Bitcoin analyst Alex Bergeron, points out that a single entity now controls the Coinbase outputs for approximately 47% of the network hashrate—a significant concentration that suggests a shift toward oligopolistic tendencies within the Bitcoin mining […]
Bitcoin Core has officially launched version 27. 0, incorporating an array of enhancements and updates designed to bolster the functionality and security of the Bitcoin network. The update, which can be downloaded from the Bitcoin Core website and GitHub, includes notable changes in network protocols, security measures, and wallet operations.
On Tuesday, the crypto market was off guard when Cathie Wood’s ARK 21Shares spot Bitcoin ETF (ARKB) experienced a significant outflow. This marked the first time since the introduction of spot Bitcoin ETFs in the United States that one of the “Newborn Nine” surpassed the outflows of Grayscale’s Bitcoin Trust (GBTC).
The Bitcoin price has crashed from over $72,000 yesterday to as low as $65,500. As reported earlier today, there are several obvious reasons for this, such as the liquidation of extensive long positions on the red-hot futures market, expectations of a “higher for longer” policy by the US Federal Reserve as a result of hotter than expected inflation data and a relatively weak inflow day for the spot ETFs yesterday.
Just below the all-time high of $69,000, the Bitcoin price has shown more volatility in recent days, only to now tread water around $67,000. But this boredom could soon be over. Following the recent price movements, a notable pattern has emerged on the Bitcoin (BTC) price chart, as recognized by the seasoned crypto analyst Josh Olszewicz.
In a remarkable display of bullish momentum, the Bitcoin (BTC) price has surged, nearly touching its all-time high of $69,044 set in November 2021. The cryptocurrency’s value climbed to an impressive $68,848 before facing a 5% correction, subsequently dropping to $64,200.