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Bitcoin has reached a critical moment, a critical point! This week's unveiling, will the Mavericks renew their cup or plummet!
It has been three months since Bitcoin was adjusted from 31850 on July 13th, and it is currently hovering around 27000 points.In terms of time, three months is enough for a weekly adjustment; However, structurally speaking, only one daily decline has been completed, and currently in the midst of a daily rebound (it is uncertain whether it will end), structurally it is clearly not enough!Those who have read the previous article should feel that this is a crucial situation! Because on a weekly basis, if the daily rebound cannot exceed 31850, then it is the daily second selling! From a daily perspective, the four hour rebound has completed four segments, up and down
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Why has Bitcoin (BTC) prices stagnated?
Bitcoin is in a difficult situation today, despite a price drop of 0.32% to around $29300, the narrowing of the Bollinger band indicator indicates that the market is brewing a major change
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In the past cycle, Bitcoin has undergone significant adjustments before halving. Is there still a chance this time?
The Bitcoin and cryptocurrency markets are highly cyclical, and there has been a pattern that repeats every cycle so far.The bull market occurred after the halving event, but there was a significant correction in the period before the halving (i
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Will the Middle East crisis overturn CZ's prediction that Bitcoin (BTC) prices will hit a historic high in 2024?
According to a recent statement released by Zhao Changpeng (CZ), CEO of Coin Security, the price of Bitcoin may exceed its previous historical high of $61000 in 2024. However, there is a contradiction between recent macro events and BTC derivatives market data
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Here are two reasons why ETH's value is undervalued
Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of Mars Finance
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An article on understanding the past and present lives of Ethereum
Ethereum is an open source public blockchain platform with smart contract functionality that provides decentralized Ethereum Virtual Machine (EVM) to handle peer-to-peer contracts through its dedicated cryptocurrency Ethereum (ETH).The concept of Ethereum was first proposed by programmer VitalikButerin between 2013 and 2014, inspired by Bitcoin, with the general meaning of "Next Generation Cryptocurrency and Decentralized Application Platform"
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As DOE joins the top ten cryptocurrencies - is it expected to reach $1 in price by 2023?
The DOGE token has experienced a 1% price drop in the past 24 hours. Prior to today's decline, the Meme token returned to the top ten in cryptocurrency market value
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Have the traders given up on dog dog DOGE coins? Trading volume has plummeted by 98% since June
Data shows that since June, the trading volume of Dogcoin has decreased by more than 98%, indicating that investors have lost interest in this meme currency.The 7-day trading volume of Dogcoin has decreased to 37300 transactionsAccording to data from the market intelligence platform IntoTheBlock, activity on the DOGE network has indeed slowed down recently
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Ethereum price forecast: ETH down 1% - when will the next rebound be?
Ethereum prices have fallen by 1% in the past hour and 2% in the past 24 hours, as the largest counterfeit coin in the market continues to be affected by the delayed release of the Holesky testing website.Despite the overall market decline today, ETH seems to have been more affected than many other major cryptocurrencies, with counterfeit currencies also falling 1
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Can Bitcoin (BTC) bears compete with the 2023 bull market? Weekly forecast release!
Bitcoin prices have fallen by nearly 5% in the past five days and are currently trading at $26776. On the weekly chart, there is a fierce competition between bulls and bears, while the daily time frame depicts the bullish outlook for Bitcoin, suggesting the possibility of a rapid rebound
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The Decline in Volatility of Bitcoin (BTC): Reasons and Effects
From the developments this week, it can be seen that although Bitcoin prices have recouped their October gains, they remain within a narrow range. As of the time of writing, the trading price of Bitcoin was $26798, fluctuating between the resistance level of $28000 and the support level of $26750
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With the SEC abandoning its appeal, the desire for grayscale ETFs has been boosted - has Bitcoin prices skyrocketed?
It is reported that the US Securities and Exchange Commission (SEC) has decided not to appeal the recent court ruling, which overturns the decision to prevent crypto asset management company Grayscale from converting its Bitcoin into an Exchange Traded Fund (ETF). According to reports, Bitcoin (BTC) prices briefly rose to over $27000 on Friday