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Overnight BTC Formed a Doji: A Precise Gauge of Market SentimentLast night, before the US inflation data was released, BTC surged briefly to $58k. However, within two hours of the inflation data release, bears attacked, pushing the price down to $55

A few days ago, Glassnode, a data analysis platform, released the On Chain NewsweekThe CapitalWaterfallIt is pointed out that the current market may have emerged from the bear market recovery stage and is entering an upward trend. The price correction of Bitcoin and Ethereum in this trend is significantly smaller than before, indicating that funds from external investors are pouring in

The cryptocurrency market is showing a strong upward trend, especially Bitcoin, which has risen nearly 27% this month, setting the largest monthly increase since January. In addition, the performance of various alternative cryptocurrencies such as Dog Coin (DOGE), Chaigou (SHIB), and Pepe (PEPE) also reflects the upward trend of market breadth indicators, which evaluate the increase and decrease of digital assets

This analysis suggests that as BTC prices drop to the weekly and monthly candle closing prices, Bitcoin has "ample momentum" to reach $40000.Bitcoin range faces weekly and monthly closingAccording to TradedView data, Bitcoin/USD has remained stable, maintaining the weekly gains

The price of Bitcoin has formed a new support level at $30000, as digital currencies have continued to grow for a week despite their increasing dominanceAfter continuing to rebound last week, the price of Bitcoin (BTC) has retested at a level of $30000. The transaction price of Bitcoin is $30135, which has increased by 1

It has been proven that mining companies and other companies related to Bitcoin are better than real Bitcoin.Although the value of Bitcoin has almost doubled since the beginning of this year, one of its close neighbors in the investment field has proven to be a more profitable buyer: mining companies

Yesterday, there was another market trend with a smaller amplitude but similar to that of a painting door.The recent market performance has shown the following characteristics:1

The next halving of Bitcoin is expected to occur in April 2024, with the time zone reward decreasing from 6.25 BTC to 3

Bitcoin and other cryptocurrency markets are in a loss making state, and according to CoinGecko's data, the largest digital asset by market value fell by 2% within 24 hours, trading at $25716.The token hit a ten-month high of $30000 in April and has struggled to rebound since its sharp decline in May