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Spikes in Bitcoin Exchange Inflows Signal a Large Selloff is Looming

Bitcoin has continued trading sideways within the lower $9,000 region overnight, with its ongoing consolidation phase now extending over ten weeks Although the crypto has yet to express any clear momentum, likely, this lackluster trading bout will ultimately result in it making a massive movement Analysts are now noting that exchange inflows over the past few weeks have been surging, suggesting that traders may be preparing to offload their BTC This could help provide the […] дальше »

2020-7-16 21:00


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Crypto Analyst Claims Bitcoin Is Less Than 50 Days Away From Topping $10k “Forever”

There is an ongoing debate on where the price of Bitcoin may be going next after spending weeks consolidating at $9,000. While some analysts and traders expect the price to plunge to various levels lower than $9,000, a chartered financial analyst at Cane Island and the author of “Bitcoin Spreads Like a Virus”, Timothy Peterson […] дальше »

2020-7-8 15:30


Only 27% of Circulating Bitcoin has Moved in 2020; Why This Matters

Bitcoin’s ongoing bout of sideways trading has offered little insight into its mid-term outlook. New data now shows that Bitcoin’s price action throughout 2020 has been driven by a significantly limited number of market participants, which may explain why the crypto has been ranging between $9,000 and $10,000 for over six weeks. According to one […] дальше »

2020-7-1 04:00


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Bitcoin Bulls Flash Signs of Strength as Stock Market Fuels Fresh BTC Uptrend

Bitcoin is showing some signs of strength after it posted a strong rebound from its recent lows set around $9,200 The crypto has since climbed back above $9,400, and appears to be navigating through what has become a heavy resistance level Analysts do believe that the token is poised to see further upside due to a few key factors One such factor would be the ongoing rise seen while looking towards the stock market, which […] дальше »

2020-6-23 21:00