online resources

Why Bitcoin Falling Below This Price Could Signal “Real Weakness”

Bitcoin has once again flatlined after rallying to $9,400. The cryptocurrency remains stagnant despite large movements in the stock and precious metals market. Analysts say the cryptocurrency must maintain $8,800 moving forward. There are fortunately on-chain, fundamental, and technical indicators suggesting the asset will do so in the weeks and months ahead. After rallying slightly above $9,400 earlier this week, Bitcoin has once again flatlined. The leading cryptocurrency is flat over the past 24 hours, with bulls and bears failing to establish a trend for the asset. Moving forward, analysts say that BTC must hold $8,800, or else risk returning…

Continue Reading Why Bitcoin Falling Below This Price Could Signal “Real Weakness”

Analysts Claim Bitcoin’s 76 Day Stability ‘Bullish’: Hash Ribbons Cross and 2016 Patterns

The price of bitcoin has been very stable lately, and the crypto asset has been trading in a less volatile range just above $9k per coin for 76 consecutive days. After the third halving, the price of bitcoin has also been far more stable, in contrast to the price action after the second halving. However, bitcoin’s price still seems to be following a similar route to 2016 when the digital asset’s price trended sideways for quite some time, until it eventually led to the all-time price highs in 2017. Cryptocurrency investors and evangelists have been discussing how bitcoin (BTC) prices…

Continue Reading Analysts Claim Bitcoin’s 76 Day Stability ‘Bullish’: Hash Ribbons Cross and 2016 Patterns

End of content

No more pages to load