-
Has Bitcoin's Bottom Accumulation Completed and the Next Bull Run Begun?
Has Bitcoin's Bottom Accumulation Completed and the Next Bull Run Begun?Following the positive news last night, Bitcoin's price directly broke through the small parallel channel, subsequently embarking on a series of hammering actions, leading to significant losses for high-leverage long and short positions. Many retail investors believed this was merely a temporary fluctuation, unaware of the complexity that lay ahead
-
From Internet Meme to Crypto Superstar: The Dogecoin Saga
From Internet Meme to Crypto Superstar: The Dogecoin SagaIn the world of cryptocurrencies, Dogecoin is undoubtedly one of the most legendary. It started as a joke but has evolved into a multi-billion dollar market phenomenon
-
Bitcoin Drops Back to $58,000, Remains Subdued, But Upward Momentum Could Emerge Next Week
Bitcoin Drops Back to $58,000, Remains Subdued, But Upward Momentum Could Emerge Next WeekAugust has been a rough month for the world's largest cryptocurrency, with Bitcoin poised to end the month with a double-digit percentage decline. As of August 30th (CoinDesk), Bitcoin prices continued to trade sideways or move lower, down 12% for the month
-
Is the Low Bitcoin Hashprice a Sign of an Approaching Bottom?
Is the Low Bitcoin Hashprice a Sign of an Approaching Bottom?CryptoQuant analyst Woominkyu's latest analysis report suggests that a close correlation exists between Bitcoin hashprice and Bitcoin price. The current low hashprice could indicate that Bitcoin is nearing its bottom
-
Bitcoin: Bottom Accumulation, Awaiting a Rebound, Still Bullish in the Mid-to-Long Term!
Bitcoin: Bottom Accumulation, Awaiting a Rebound, Still Bullish in the Mid-to-Long Term!After the positive news released at 8:30 PM last night, Bitcoin's price directly broke through the small parallel channel and then repeatedly pierced through, resulting in many high-leverage long and short positions being stopped out. Retail investors thought that the fluctuations were over, but that wasn't the case
-
Bitcoin and Ethereum Recent Trend Analysis: Bearish Structure Forms, Key Resistance Levels to Watch
Bitcoin and Ethereum Recent Trend Analysis: Bearish Structure Forms, Key Resistance Levels to WatchYesterday, we mentioned that a bearish structure has formed for Bitcoin, and given the multiple bearish factors, we advised against focusing on the bulls and instead looking for shorting opportunities at resistance levels. Early this morning, the price dropped to the neckline we mentioned, falling nearly 4 points
-
Bitcoin and Ethereum ETF Sell-offs: Fidelity Exits 525 BTC, Grayscale ETHE Sells 1646 ETH
Bitcoin and Ethereum ETF Sell-offs: Fidelity Exits 525 BTC, Grayscale ETHE Sells 1646 ETHOn August 30th, 10 Bitcoin spot ETFs sold off 1193 BTC, with Fidelity exiting 525 BTC (approximately $30.5 million)
-
$65,000 Ceiling, Bitcoin Bull Dreams Shattered: $50,000, New Beginning or Abyss?
$65,000 Ceiling, Bitcoin Bull Dreams Shattered: $50,000, New Beginning or Abyss?The digital gold's shine seems to have dimmed before the $65,000 ceiling. Bitcoin's recent price weakness has been on the minds of every investor, with bulls' attempts to break through the $65,000 mark failing, leaving the market with an uneasy air
-
Bitcoin and Ether Futures Close Lower on Wednesday
Bitcoin and Ether Futures Close Lower on WednesdayCME Bitcoin futures (BTC) closed at $59,365.00 on Wednesday (August 28), down 4
-
Bitcoin and Ether Futures Prices Fall in Tandem
Bitcoin and Ether Futures Prices Fall in TandemAs of the close of trading in New York on Tuesday (August 27th), the CME Bitcoin Futures BTC main contract settled at $61,880.00, down 2
-
BTC Breaks Below $60,000, Market Awaits, Altcoin Potential to be Explored
BTC Breaks Below $60,000, Market Awaits, Altcoin Potential to be ExploredBTC Dips Below $60,000 Overnight, Market Sentiment CautiousEarly this morning, BTC price fell below $60,000, leaving many waking up to find their long positions liquidated. The lower shadow first touched the lower boundary of the box, and we need to observe if the real body rebounds
-
Bitcoin and Ethereum 4H Analysis: Unexpected Drop, But Bottom Support Remains
Bitcoin and Ethereum 4H Analysis: Unexpected Drop, But Bottom Support RemainsBitcoin and Ethereum have recently experienced an unexpected drop in price, attracting market attention. Although the decline has surpassed expectations, the current trend is not entirely surprising