Bitcoin (BTC) was on track to lose nearly $3,000 this week as a weekend of mixed price behavior came to an end. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader hopes forRead More…
The Wyckoff Accumulation technical chart pattern has become the latest trending topic when anticipating where the price of Bitcoin (BTC) may go next. Some analysts have said that BTC’s recent dip belowRead More…
Investors tend to define the market as either bullish or bearish, but sometimes the price can remain within a specific range for an extended period. This type of sideways movement is notRead More…
Bitcoin (BTC) has rebounded by more than 25% after bottoming out at $30,000 during the May 19 crash. But the cryptocurrency continues to tread ahead under the possibility of facing another periodRead More…
The so-called Kimchi premium, which measures the premium of the Bitcoin (BTC) price in South Korea’s cryptocurrency exchange market, plummeted overnight. The premium declined from 22% to 15% within a matter ofRead More…
The U.S. dollar is starting to weaken once again as sellers are pushing the U.S. Dollar Index (DXY) downward, which could strengthen the momentum of Bitcoin (BTC) in the near term. AlternativeRead More…
The price of Bitcoin (BTC) has dropped to the key $44,000-$45,000 support level on Feb. 28 for the third time in the past week. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview TheRead More…
The price of Bitcoin (BTC) surpassed $50,000 for the first time in history across major futures exchanges, including Binance Futures. However, on spot exchanges, like Coinbase and Binance, the price of BitcoinRead More…
The price of Bitcoin (BTC) achieved a new record above $49,000 on Valentine’s Day on Feb. 14, rising to as high as $49,344 on Coinbase. There are three main reasons Bitcoin surgedRead More…
According to data from Glassnode, Bitcoin (BTC) miners made over $4 million in just under an hour on Feb. 12, making it the biggest hourly revenue in history. In May 2020, BitcoinRead More…