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Did A Bitcoin “Zig-Zag” Shake Out The Crypto Market?

Bitcoin price is shockingly close to its former 2017 peak, causing widespread panic, fear, and despair across the crypto market. But could the violent move down be a text book zig-zag correction? And if so, what does this mean for the crypto market next? Bitcoin Price Action Follows Deadly Zig-Zag Pattern Despite the narrative from 2020 forward that Bitcoin and cryptocurrencies had matured has an asset class, the recent collapse reminded the world that digital assets remain speculative. дальше »

2022-6-16 00:33


Bitcoin Spot To Derivatives Flow Forms Historical Bullish Pattern

On-chain data shows the Bitcoin flow from spot exchanges to derivatives exchanges is currently painting a trend that has historically been bullish for the crypto’s price. Bitcoin Spot To Derivatives Exchanges Flow Starts Sharp Decline As pointed out by an analyst in a CryptoQuant post, the BTC spot to derivatives flow may be hinting at a bullish outcome for the crypto. дальше »

2022-6-11 22:00