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Bitcoin Reaches Critical Level as Bulls Attempt to Spark Fresh Uptrend

Bitcoin’s price has been stuck within a macro consolidation phase for the past several months This consolidation has led to the formation of a trading range between $10,000 and $12,400, with bulls and bears with being unable to break above or below either of these levels One analyst is now noting that data seems to suggest that BTC is currently trading at a pivotal level for its future Although $20,000 is often looked upon as […] дальше »

2020-10-19 01:00


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Analytics Firm: One On-Chain Metric is Flashing Warning Signs for Ethereum

Ethereum’s price action has been slightly underperforming that of Bitcoin as of late The cryptocurrency has remained stuck beneath its crucial resistance level at $380, which points to some weakness amongst buyers Until this level is surmounted and ETH can regain its foothold within the $400 region, it may remain somewhat technically weak One fundamental metric seems to indicate that ETH is also plagued by some underlying weakness is its daily active address count This […] дальше »

2020-10-13 23:00


Outlining Monero’s (XMR) Wave Count In Order to Determine Its Top

The Monero (XMR) price is likely nearing the end of a long-term A-B-C corrective pattern, which should end near $180. This is part two of the Monero analysis. Click here for the first part. Long-Term Count Beginning on Dec 2018, it seems that XMR began an A-B-C corrective formation (shown in white below), and is […] The post Outlining Monero’s (XMR) Wave Count In Order to Determine Its Top appeared first on BeInCrypto. дальше »

2020-10-13 19:00


This On-Chain Data Suggests Unannounced Companies are Accumulating Bitcoin

The crypto community was ablaze with joy after news broke regarding Square’s decision to buy Bitcoin to hold as a reserve asset This decision came about just months after MicroStrategy made a similar choice, albeit on a larger scale If this trend gains steam as the dollar continues seeing unprecedented inflation, it could be a catalyst for massive BTC upside The significance of this should not be understated, but data seems to indicate that Square […] дальше »

2020-10-10 02:00


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BitMEX OI is Trending Higher as Traders Flip Short on Bitcoin; Why This is Bullish

It has been a wild week for the crypto markets, with investors having to digest a plethora of news developments that largely favored Bitcoin bears. That being said, the market surprisingly didn’t react too negatively to any of these developments, which seems to be a sign of growing maturity. One of the main developments this […] дальше »

2020-10-4 23:00


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Bullish for Bitcoin: Data Reveals Spike in Activity from New BTC Investors

Bitcoin’s price action hasn’t been providing investors with many insights, as it has primarily stagnated as it trades around $10,700 The cryptocurrency market is currently resting on the edge of a blade as investors closely watch to see where BTC may trend in the near-term One trend that seems to point to underlying bullishness is a spike in activity seen amongst new market participants While speaking about this, one on-chain analyst said that this spike […] дальше »

2020-10-1 02:00