Bitcoin Breaks Below Short-Term Uptrend, Lower Support Around $50K
Bitcoin's uptrend continues to slow after breaking short-term support.Sellers were busy during Asia hours, compelling bitcoin (BTC) under intraday trend support. The wider uptrend continues to slow, with much lower support about $50,000 and...
Bitcoin’s Risk-Reward Ratio Suggests Bull Run Has Plenty of Scope to Continue
Bitcoin's"reserve risk" metric suggests the cryptocurrency is nowhere close to a significant cost .Despite seeing its largest drop for a month in the previous 24 hours, bitcoin (BTC, -9.04percent )'s bull run is likely...
Time Magazine Lists ‘Comfort With Bitcoin’ as Qualification for New CFO
The LinkedIn project posting shows awareness of cryptocurrencies is entering the C-suite in a way that could have been unthinkable a year ago.A project record for a chief financial officer at Time Magazine lists"comfort...
Cryptocurrencies may take Kind of Bodily bank notes
Cryptocurrencies will soon choose a physical arrangement, with a few of those suggestions for a concrete version of the money being suggested by none other than Larry Felix, a former manager of the Bureau...
Bitcoin may’take out’ past $53K lows before bulls regain control, says Dealer
A night of declines pressures bulls as liquidations mount up and $46,000 support looms large.Bitcoin (BTC) dropped to its lowest in a couple of weeks March 23 amid fears that bulls were running out...
Bitcoin rally slows as Swimmers Move wealth to retail investors
Crypto analytics company Glassnode has seen several indicators indicating Bitcoin's bulls might be slowing down.Analytics supplier Glassnode is reporting that present on-chain indicators indicate the Bitcoin bull market might be entering its later phases."The...
Streaming tokens surge as Bitcoin Cost drops into the $54,000 Service
Tokens associated with gambling, video and audio streaming rallied to new highs much as Bitcoin cost pulled back into the $54,000 support.Bitcoin (BTC) bulls faced powerful headwinds on March 22 that immediately dismisses any...
3 reasons why Bitcoin traders keep a close eye on the futures funding rate
Analysts often associate a top perpetual futures funding rate with economy crashes, but is this the ideal method to analyze the metric?Futures contracts trading has increased immensely over the past year, and proof of...
Bitcoin is’a Replacement for gold Compared to the Buck’ — Fed Chair Powell
Jerome Powell reiterates his view regarding Bitcoin as a golden replacement, but a sell-off communicates his other criticisms.Powell takes place with Bitcoin's financingWhen asked if he believed Bitcoin along with other cryptocurrencies introduced a...
Bitcoin uptrend not over: Enormous whales are Not selling BTC, Information Reveals
Big whales are not selling, but amassing Bitcoin, since the purchase price of BTC consolidates under $60,000.This trend coincides with strengthening on-chain principles, like whale and speech action.Considering that the Bitcoin rally started to...