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Bitcoin faces crucial resistance as submerged cohorts of hodlers affect market sentiment

Quick Take Information drawn from recent data analysis underscores the significant resistance that Bitcoin is encountering, with a price range from $26,419 up to $26,773. This resistance is critical because three different cohorts of average withdrawal prices are currently tagged as underwater, meaning that the current price is below the average price at which the […] The post Bitcoin faces crucial resistance as submerged cohorts of hodlers affect market sentiment appeared first on CryptoSlate. дальше »

2023-8-25 01:00


Freshly Created Wallet Withdraws $59,000,000 in Bitcoin from Binance, Accumulation or Exodus?

Over the past 24 hours, two newly-created Bitcoin addresses withdrew a total of 2,273 BTC (valued at around $59 million) from cryptocurrency exchange Binance. These large withdrawals, identified by on-chain analyst Lookonchain, have sparked speculation among crypto market observers about potential increased institutional or whale buying at current Bitcoin price levels. дальше »

2023-8-23 11:11


Bitcoin Chicken Game: Why Losing This Level Could Send BTC Back To $20,000

The price of Bitcoin has stalled again around its current levels as an explosion in downside volatility broke critical support. The cryptocurrency is trapped between major players waiting and positioning for the next move; which side will prevail in this battle? Related Reading: Bitcoin On-Chain Data Suggests Price Is Top Heavy, What It Means As of this writing, Bitcoin trades at $26,000 with sideways movement in the last 24 hours. дальше »

2023-8-23 04:00


Bitcoin Dip Worth Buying? What Market Sentiment Suggests

The current sentiment among Bitcoin investors may hold the key to understanding whether the current drop is a buying opportunity or not. “Buy The Dip” Optimism Is Fading In The Bitcoin Market In a new insight post, the on-chain analytics firm Santiment has looked into how the trader sentiment has shifted in the BTC sector since the crash a few days back. дальше »

2023-8-22 15:30


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Hopeful Dogecoin Investors Calculate How Much It Would Take to Become Millionaires

Thus, to see a round sum of $1 million on your account, you need to purchase approximately 1,357,129 DOGE. At the current price of $0.06318, the value of the coins would be around $85,743.41. The post Hopeful Dogecoin Investors Calculate How Much It Would Take to Become Millionaires appeared first on BeInCrypto. дальше »

2023-8-21 14:45