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The Idea That The Bitcoin Bottom Is In Is Broadening

[yesterday 8:00 PM] Calls for a trip back to $20,000 or even lower were in abundance after Bitcoin collapsed by 50% and sent the market into a bearish state. However, the idea that Bitcoin has bottomed is beginning to broaden. That statement is also a double entendre…

Bitcoin Price Drops 5% As 12k BTC Flow Into Binance

[yesterday 7:00 PM] On-chain data shows that shortly after crypto exchange Binance observed Bitcoin inflow of around 12k BTC, price fell by almost 5%. Huge Bitcoin Inflow To Binance As pointed out by a CryptoQuant post, inflow of around 12k BTC was seen on Binance…

TA: Bitcoin Starts Recovery, Why Close above 100 SMA Is Important

[yesterday 3:08 AM] Bitcoin price started a fresh increase from the $37,500 support against the US Dollar. BTC must clear the 100 hourly SMA and $40,000 to move into a positive zone. Bitcoin started a decent increase above the $38,000 and $38,500 resistance levels…

The Bullish Bitcoin Crossover No One Is Paying Attention To

[Aug 4 7:00 PM] The Bitcoin 20 DMA seems to have just crossed with the 50 DMA, here is how it might be bullish for the cryptocurrency. The Bitcoin Bullish Crossover As pointed out by a BTC technical analyst on Twitter, two important indicators of the…

Trend Line Touch Could Send Bitcoin On A Tear

[Aug 3 7:00 PM] Popular Bitcoin model Stock-to-Flow (S2F) shows BTC has touched a trend line that has historically sent the crypto flying. Bitcoin Touches S2F Deflection Trend Line As pointed out by a crypto analyst on Twitter, BTC seems to have just touched a…

Bitcoin To Surpass $120,000 In A Year, Says Pantera CEO

[Aug 3 5:00 PM] Pantera CEO Dan Morehead has recently revealed his predictions for the price of bitcoin going forward. The CEO runs Pantera Capital, which runs the first bitcoin fund that was launched in the United States. Pantera’s bitcoin fund was launched in…

TA: Bitcoin Remains At Risk, Why BTC Could Nosedive Below $38K

[Aug 3 3:08 AM] Bitcoin price struggled to recover above $40,000 and extended its decline against the US Dollar. BTC could dive below $38,500 if it continues to stay below $40,000. Bitcoin extended its decline below the $40,000 and $39,200 support levels. The…

On-Chain Expert Predicts $162K Bitcoin Peak This Cycle

[Aug 2 11:00 PM] Bitcoin continues to beat expectations this year. Despite most investors speculating the bull market was already over, the digital asset has posted another rally that shows that the market might in fact still be in a bull cycle. The last two…

TA: Bitcoin Corrects Gains, Why BTC Must Could Extend Losses

[Aug 2 3:08 AM] Bitcoin price started a downside correction from the $42,600 zone against the US Dollar. BTC is now trading below $40,000 and it might extend losses towards $38,500. Bitcoin started a downside correction below the $41,200 and $40,000 support…

Five Bullish Monthly Charts That Suggest Bitcoin Will Blast Off

[Jul 30 9:06 PM] Tomorrow is the last day of the month of July, and Bitcoin is at a pivotal moment in its lifetime. The crossroads of a possible bear market or bullish continuation is here, and the path chosen will dictate the trend for potentially months or years…

Huge Bitcoin Inflow To Gemini Behind The Drop To $38k?

[Jul 30 7:00 PM] On-chain analysis shows that crypto exchange Gemini observed huge Bitcoin inflows just before the plunge down to $38k. Huge Bitcoin Inflows To Gemini As pointed out by a CryptoQuant post, crypto exchange Gemini saw huge inflows earlier today…

TA: Bitcoin Turns Green, Why Close Above $40K Is Crucial

[Jul 30 3:08 AM] Bitcoin price is trading in a positive zone above the $39,000 level against the US Dollar. BTC must settle above $40,000 for a sustained upward move in the near term. Bitcoin is trading positively above the $38,500 and $38,800 support levels. The…