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Bitcoin Hash Rate Registers New Highs, A Selloff Imminent?

Based on CryptoQuant data, one observer notes that whenever the Bitcoin hash rate records new highs, as is the case in late January 2023, coin prices tend to retrace as the upside momentum fades.   Extending this preview on current BTC rates, the analyst predicts that prices may rise above the current resistance level at $23,800 to $25,500 before dumping below immediate support lines towards $20,000, or worse. дальше »

2023-1-27 11:43


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Bitcoin Surges To 23,000 As Miners Sales Sees Multi-Year Low

Bitcoin has continued with its bullishness as it surged its price above the USD$23,000 level, a positive signal amid miners reduced the sales of their mined coins. On-chain flows flagged by Bitifinex analysts indicate that the amount of Bitcoin moved from Bitcoin mining addresses to wallets owned by cryptocurrency exchanges has declined to multi-year lows. дальше »

2023-1-24 22:00


Repeat Of April 2019? Bitcoin Rally Shows Similar Break Above These Key Levels

On-chain data shows Bitcoin has broken above these three key levels in a manner reminiscent of the rally in April 2019. Bitcoin Breakout Shows Initial Similarities To April 2019 Rally According to data from the on-chain analytics firm Glassnode, BTC has broken above the three investor cost-basis levels for the first time since the COVID-19 crash and the 2018-2019 bear market. дальше »

2023-1-24 21:00


FTX Token Price Analysis & Prediction (Jan 24th) – FTT Bounces Back Above $2 After a Correction, Can it Hold That Level?

After a long crash, FTT found a local bottom earlier this month and recovered to $3 last week. The price dropped and rebounded but has failed to retake the previous price level. The FUD surrounding the FTX token is still very high considering the collapse and most importantly the fraud charge against the former founder […] дальше »

2023-1-24 10:35


Polygon Price Analysis & Prediction (Jan 18th) – Matic Eyes More Highs But Taking a Break After 20% Weekly Gains

Defying all odds, Polygon – MATIC’s performance has been so impressive since the start of the year as it recovered nicely with over 30% gains. The bulls are back and looking for more levels to tap. Once again, Matic bounced above a crucial demand zone and increased consistently for two weeks to reach $1.05 during […] дальше »

2023-1-19 09:44


Ethereum Price Analysis & Prediction (Jan 18th) – ETH Bulls Take Break After Pushing Consistently For Two Weeks, Can They Refuel Above $1.5k?

Ethereum’s price increased by 33% over the past two weeks after breaking out of a long-term channel. The consistent price increase has pushed the cryptocurrency to a 2-month high. Since the beginning of the year, Ethereum has been following a bullish sentiment and has tapped a 2-month high at $1.6k yesterday. The price dropped to […] дальше »

2023-1-19 09:18