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Glassnode Co-Founder Predicts Bull Run For Bitcoin Amidst Sideways Trading

Bitcoin (BTC) has been trading within a narrow range for the past 12 days. Nonetheless, the fact that bulls have held the crucial $30,000 support level is seen as a short-term win for them. Even though BTC has been experiencing sideways trading, there is a growing sense of optimism that it has the potential to break through upper resistance zones and reach new highs. дальше »

2023-7-7 21:30


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Bitcoin Holders Expect Retrace, Will BTC Move Against Crowd Once Again?

Data shows bearish sentiment has spiked among Bitcoin holders, something that could actually work in the favor of the asset’s price. Social Media Users Have Turned Bearish On Bitcoin As explained by the analytics firm Santiment, traders have come into the new week expecting the price of the cryptocurrency to retrace towards the $27,000 to $29,000 range. дальше »

2023-6-27 17:30


Bitcoin 30-Day Price Range Foreshadowed The Rally, Here’s How

Bitcoin has observed a sharp rally above the $30,000 mark over the past day. Here’s how the 30-day price range may have foreshadowed this volatility. Bitcoin Had Earlier Compressed To A Tight 30-Day Price Range According to data from the on-chain analytics firm Glassnode, tight price ranges have historically preceded large moves in the cryptocurrency’s price. дальше »

2023-6-23 05:00


“Yes, This Is A Bull Market” Expert Explains Why Bitcoin Will Outperform Tesla’s +162%

Bitcoin is finally showing some green over the past week as the cryptocurrency rose from the mid-area of its current levels. The number one crypto by market cap seems poised to extend its rally, can it finally break from its current range? Related Reading: Nansen Forecast For Bitcoin Bull Run: Regulatory Clarity And Lower Inflation As of this writing, Bitcoin (BTC) trades at $29,000 with an 8% profit in the last 24 hours. дальше »

2023-6-22 00:00


Bitcoin liveliness indicates hodler behavior during extended price stability

Despite its recent resurgence to regain the 200-week moving average (WMA), Bitcoin’s price has remained within a tight trading range for the past week. BlackRock’s announcement of integrating Bitcoin into their ETF portfolios and Bitwise’s refiling for a Bitcoin spot ETF are significant news that could potentially move Bitcoin’s price. дальше »

2023-6-20 19:00


McKinsey estimates generative AI could add $4.4 trillion to global economy annually

The rapid development and wide range of capabilities of generative AI will usher in a new era of productivity, transforming various business sectors, according to a recent McKinsey report. Whereas standard AI has typically focused on detecting patterns, making decisions, and data analysis, generative AI refers to programs that create content, including text, audio, code, […] The post McKinsey estimates generative AI could add $4. дальше »

2023-6-20 14:54