Bitcoin’s 50-Week MA is Also a Potential Bottom
Magic went on to highlight a second scenario whereby Bitcoin is currently finding a floor due to the 50-week moving…
Tesla Will Most Likely Resume Accepting Bitcoin (BTC)
Elon Musk’s full statement on the potential resumption of Tesla accepting Bitcoin can be found below. Tesla’s mission is accelerating…
Bitcoin Supply On Crypto Exchanges Begins to Drop as BTC Reclaims $33k
Elon Musk and Jack Dorsey are Responsible for the Bitcoin Outflows and BTC Reclaiming $33k. To note is that the resumption…
Bitcoin Recaptures the 50-day MA as Twitter Sentiment Turns Bullish
Bitcoin’s Twitter Sentiment Turns Bullish. Bitcoin’s current market momentum in the crypto markets is further confirmed by its Twitter sentiment flipping…
Bitcoin’s Hash Rate Originating From China Falls Below 50%
Bitcoin miners based in China now control less than 50% of the total BTC hash rate. Hash rate originating within China…
Bitcoin’s $30k Remains the BTC Level to Watch
With respect to price action, not much has changed with Bitcoin as it remains in bearish territory. The King of…
Bitcoin Addresses Growth and Metrics ‘Look Terrible’
Bitcoin’s daily active addresses have halved since BTC’s most recent all-time high of $64,854. Bitcoin whales who sold at the top…
Bitcoin (BTC) Dips to $32.2k as US Consumer Index Increases By 5.4%
What Exactly is the Consumer Price Index and the Core Price Index The US Consumer Price Index or simply CPI…
Bitcoin (BTC) Sentiment Remains Negative, Nears 3-year Lows
Crowd sentiment towards Bitcoin continues to tread in negative territory. This is according to an analysis shared by the team at Santiment…
Bitcoin is Becoming a Decentralized Reserve and Store of Value Asset
Bitcoin and Bonds Could Complement Each Other in Portfolios The report by Bloomberg went on to point out that Bitcoin…
Bitcoin Whales Accumulate 60k BTC in Highest Daily Spike of 2021
Bitcoin whales holding 100 to 10k BTC have accumulated 60k coins in a single day. The event happened yesterday, July 3rd,…
Bitcoin Could Be Headed to $24k if $30k Does Not Hold
Bitcoin Could Fall to $24k If Bulls Do not Sustain $30k Additionally, $30k also coincides with the 0.618 Fibonacci retracement…