The first woman to gain more than a million YouTube subscribers is now going all-in on bitcoin to promote financial freedom to her loyal fanbase. “I kind of view bitcoin as similar to YouTube, which…
The Second Day Running Sees Bitcoin is Up…
For the second day straight, Bitcoin is up while equities fall. Is this the beginning of a decoupling from traditional markets? @SmartContracter picked up on this trend yesterday by saying: “was very surprised to see…
Bitcoin trader shares 7 reasons to be bullish…
Bitcoin (BTC) abandoning correlation with traditional markets will be its “biggest story” if it continues, one popular analyst says. In a series of tweets on Oct. 21, Cole Garner highlighted Bitcoin’s market decoupling among bullish…
Breakout or fakeout? Top traders react to Bitcoin…
Within the past few hours, Bitcoin (BTC) price rose to $11,988 before pulling back to hover around the $11,900 level. The price is on the cusp of breaking above $12,000, and some analysts have suggested…
“Old Hands” Sold The Bitcoin Bottom And Are…
Bitcoin price is at a pivotal moment, about to potentially confirm a break out into a new bull market. Yet for some reason, coin dormancy, what one analyst calls a measure of “old hands” selling,…
‘Old hands selling out’ metric shows Bitcoin price…
Old hands are selling their Bitcoin (BTC) holdings, according to glassnode’s Coin Dormancy metric. As shown below, dormant addresses selling BTC marked previous tops in BTC. Coin Dormancy of Bitcoin. Source: glassnodeOn-chain analyst Willy Woo…
‘Enormous wall of money’ will send Bitcoin to…
Bitcoin (BTC) hitting $1 million by 2025 is “about right,” Real Vision founder and CEO Raoul Pal has confirmed. In an interview with Stansberry Research last week, Pal, famous for his bullish stance on Bitcoin,…
Multiple data points suggest Bitcoin’s 2017-style bull run…
Last week, Bitcoin (BTC) saw its price rise 6.95%, rising from $10,804 on October 5 to $11,555 by October 12. The surge marked the best performing week for the price of Bitcoin since July and…
More investors HODL Bitcoin in anticipation of a…
New data shows Bitcoin’s (BTC) current price action is showing higher levels of ‘HODLing’ activity than previous bull cycles. According to on-chain analyst Willy Woo, an indicator called “reflexivity” has been increasing in recent months.…
On-Chain Analyst: Bitcoin’s Price Not Accurately Reflecting Fundamental…
Bitcoin’s price action as of late has done little to offer investors with insight into its mid-term outlook. BTC has been trading squarely between the lower and upper boundaries of its long-held trading range between…
$1 Bitcoin investment beats gold and stocks despite…
Bitcoin (BTC) still beats gold as an investment in 2020 despite the precious metal generating its biggest returns in a decade. In a knock to gold bugs, data shows that despite gold’s run this year,…
New Bitcoin addresses hit two-year high after China…
China may be behind a large spike in new Bitcoin (BTC) addresses as authorities launch a “targeted marketing campaign” — in favor of crypto. In a series of tweets on Oct. 5, analyst and market…
150,000 Mt. Gox Bitcoin wont trigger a correction…
There is growing speculation that 150,000 Bitcoin (BTC) from the Mt. Gox trustee could move on Oct. 15. But many factors suggest that is highly unlikely given past records. Between 2011 and 2013, Mt. Gox…
Spike in new participants buying Bitcoin is ‘obviously…
The price of Bitcoin (BTC) has remained relatively flat for September and the strong decline in altcoin and DeFi token prices seems to be making the situation worse for many investors. Despite this lack of…
‘Bulls have won’ — Bitcoin whale clusters suggest…
Bitcoin (BTC) whale clusters indicate that the price could be in a short-term trend reversal after BTC’s recovery beyond $10,700. In the past two days, BTC price rose by nearly 6% from $10,135 to $10,755…
Decoupling? Bitcoin vs. gold ratio snaps out of…
Bitcoin (BTC) may soon “decouple” from traditional assets, says statistician Willy Woo as a key gold relationship breaks out of a long-term downtrend. In a tweet on Sep. 25, Woo forecast that Bitcoin would act…
HSBC stock hits 25-year low: 5 things to…
Bitcoin (BTC) starts a new week still looking for $11,000 support as macro markets wobble over coronavirus and banks’ criminal activities. Cointelegraph highlights five factors that could shape BTC price action in the coming days.…
Profit taking Bitcoin miners won’t stop the next…
Historical data shows that some miners began to sell Bitcoin (BTC) at the end of July, leading to increased selling pressure in the cryptocurrency market. Eventually, the dominant cryptocurrency fell steeply from mid-August, recording a…
Bitcoin price finally breaks $11K as traders assess…
The price of Bitcoin (BTC) broke above $11,000 at last, after 13 days within a tight range. But this time, the market dynamic is different because Ether (ETH) and most decentralized finance tokens are declining. …
These 10 Bitcoin price indicators say BTC is…
Bitcoin (BTC) is a firm “buy” according to a range of on-chain indicators that are flashing bullish this week. Collected by on-chain monitoring resource CryptoQuant, a total of ten indicators are currently telling investors to…
Why One On-Chain Analyst is Wary About Bitcoin’s…
One widespread narrative that cryptocurrency investors have been closely watching as of late is regarding Bitcoin’s propensity to fill gaps that are formed on its CME futures chart. Although this trend has proven to hold…
Is Bitcoin Headed Back Below $10k? Uncertainty Grows…
This week tested Bitcoin’s mettle over the $10,000 level. After dipping from around $11,200 to roughly $10,250 from Thursday, September 3rd, to Friday, September 4th, Bitcoin has not shown any signs of rising back…
Bitcoin price at risk of CME gap-fill unless…
Since dropping 17.5% to a monthly low at $9,817 last week, Bitcoin (BTC) price has bounced around in what appears to be a tightening range between $9,800-$10,600. The digital asset has yet to establish a…
Bitcoin is shaky but medium-term bull case intact:…
The price of Bitcoin (BTC) declined below $10,000 for three consecutive days. Despite the weakness in BTC’s short-term trend, an on-chain analyst says mid-term bullishness is intact. The weekly chart of Bitcoin. Source: TradingView.com Within…
Even Bitcoin Fundamentals Are Hinting At a Significant…
Bitcoin just had its largest 48-hour pullback since May 2020, back when the asset’s halving took place. The drop in price has the cryptocurrency now trading below a key fundamental level. A deeper dive into…
Bitcoin price drop below key support may trigger…
The price of Bitcoin (BTC) abruptly fell from $11,823 to $11,102 in the last 48 hours. While on a macro level the digital asset remains in an uptrend, there appear to be three key factors…
What death spiral? Bitcoin mining difficulty rises by…
After the May 11 halving, some skeptics speculated that miners would capitulate or that the entire process would enter a death spiral. Fast-forward three months and the Bitcoin (BTC) hash rate is at a record…
Bitcoin Price Is in ‘Early Main Bull Phase’…
Bitcoin (BTC) is copying what it did a year before its $20,000 all-time highs and the new bull market has been here for over a year already. That was according to popular statistician Willy Woo,…
On-Chain Analyst: Bitcoin’s Next True Bull Trend May…
Bitcoin’s price is currently flashing signs of immense strength as it navigates up towards the resistance found within the mid-$11,000 region. The slight uptrend seen today that came about after it dipped to lows of…
Bitcoin Price Hits 2020 High at $11.5K as…
The price of Bitcoin surpassed $11,400 for the third time in three days, breaching a critical resistance level. Earlier today BTC price reached $11,444 but it quickly rejected back to the $11,250 range. Surprisingly, within…
Bitcoin Price Soars to $11,400 as Traders Say…
The price of Bitcoin surpassed $11,400 for the third time in three days, breaching a critical resistance level. Earlier today BTC price reached $11,444 but it quickly rejected back to the $11,250 range. Surprisingly, within…
Bitcoin Fees Skyrocket 590% Since Mid-June – Supporters…
Bitcoin fees have grown much larger in recent days spiking to a two-month high to $3.80 per network transaction. The crypto asset’s fees have jumped 590% since June 14 and the mempool (transaction backlog) has…
This Exchange Crashed Bitcoin Price to $9K: Here’s…
According to data from CoinMetrics, a sell-off on Bitstamp led the market-wide plunge of Bitcoin (BTC). The top cryptocurrency by market capitalization dropped $150 within seconds on the exchange, well below the average market price…
The Crypto Market’s Most Accurate Tool Says New…
The crypto market is at a pivotal moment. A new uptrend in Bitcoin was starting prior to the Black Thursday selloff, and now prices are consolidating below a critical level. A breakout all but guarantees…
Record Breaking Unmoved Bitcoin Data Sparks Expectation of…
The amount of bitcoin that has not moved in over a year is at an all-time high. The last peak was in 2016, before the bitcoin bull run that saw the price spike to $20K.…
New Bitcoin Price Model Suggests ‘Exponential’ Bull Run…
Earlier this week on-chain analyst Willy Woo released a new price model for Bitcoin (BTC). The model identifies the start of exponential Bitcoin bull runs based on historical data. According to the model, Bitcoin may…
4 Reasons Bitcoin Price Suddenly Slid Below $9K,…
The price of Bitcoin (BTC) dropped below $9,000 from $9,660 within seven hours. The 7% plunge comes as $55 million worth of long futures contracts were liquidated on BitMEX. Four factors are likely behind the…
After New Bearish Weekly Candle, Traders Fear for…
A new weekly Bitcoin (BTC) candle opened at $9,327 on June 15, under a crucial resistance level at $9,400. Traders say the price of Bitcoin could fall to the $7,000s in the near term. Critical…
Analyst Snickers at Those Who Invest in Gold…
An investor who put $1 into Bitcoin a decade ago would have enough money to buy a luxury yacht — but those who invested the same amount in gold would only have enough to buy…
A Luxury Yacht or a Snickers? Bitcoin Beats…
A $1 investment in Bitcoin (BTC) in 2009 would buy a luxury yacht today — but $1 of gold would only buy you a chocolate bar. That was the result of a comparison from statistician…
Spike in BTC Exchange Inflow Preceded Bitcoin Price…
On May 24, the price of Bitcoin (BTC) dropped to $8,800 from $9,300. In the next 24 hours, it declined to as low as $8,600, leaving the top ranked digital asset on CoinMarketCap at risk…
Bitcoin Price Drops to $8,840 — Key Metrics…
Within the last hour Bitcoin (BTC) price dropped to $8,840. The drop came with less than 8 hours left before the weekly close. A confluence of miners selling more BTC than they mine, Bitcoin recording…
Bitcoin Halving Means Miners Will No Longer Be…
Following the Bitcoin (BTC) halving on May 12, traders generally expect the price of the top-ranking cryptocurrency by market capitalization to drop. According to a prominent on-chain analyst, the selling pressure may come from crypto…
There’s a $30 Million Bitcoin Sell Wall That…
The price action over the past few days has undoubtedly been positive for Bitcoin. After building momentum for weeks, the cryptocurrency finally burst past $10,000 this week, hitting a $10,100 high. Since this initial breach, BTC…
Bitcoin Whales Have Been Buying En-Masse Since Early-2020:…
Unlike traditional assets, where many transactions are hidden, Bitcoin is almost entirely transparent. One may not know who made a transaction or who owns an address, yet people can gain access to data of transactions. It…