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Tag: BTC Trading View

ProShares ETF’s BTC holdings touches ATH, but there are some warning signs

Bitcoin climbed to more than $44,000 for the first time in almost a month, breaking out of its recent narrow trading range amid a renewal of risk appetite. At press time, BTC was trading at the $44.7k mark with a 3% surge in 24 hours. Give me more  It is quite obvious that investors have […]

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Bitcoin’s price rally: Watch out for this if you choose to jump in

Bitcoin’s price registered a palpable spike earlier today, contributing to altcoins registering a similar bullish outlook. While this impulsive move is impressive, it could be a short-term bull trap before BTC revisits its 24 February levels. Back to the pavilion Yes, Bitcoin’s price rallied by 9.6% today, but looks can be deceiving. Why? Well, because […]

All about 7 in 7 for Bitcoin, Ethereum’s 13-week high, and alts’ ‘mixed fortunes’ 

Cryptocurrency prices have climbed somewhat after investors appeared to view Bitcoin as a safe haven for their money. In fact, even the Russians and Ukrainians have been seeking alternatives to their country’s financial institutions. Bitcoin is a particular favourite, with the current geopolitical events allowing Bitcoin (BTC) to transition into a store-of-value asset. Nonetheless, institutional […]

Bitcoin maximalist trashes ‘sh*tcoin’ Cardano – How did the community react?

Crypto-enthusiasts see Cardano with two different perspectives. One group has always had significant confidence thanks to the platform’s impressive developments. Developers have worked on scaling concerns, as well as fastened the speed of transactions and what not. On the contrary, many others still consider Cardano a shitcoin. In doing so, this group targets the alleged […]

Decoding what BTC leaving crypto-exchanges means for turtles, pigs, wolves

After leaping over $40,000 and just brushing $45,000 with its fingertips, Bitcoin fell back below $40,000. Adding to that, the king coin was revisiting the prices it passed in late February. Even at press time, Bitcoin was painting a red candle. Rather than giving up in frustration, however, it’s time to see what the metrics […]

Bitcoin to separate from S&P500 because of the Russia-Ukraine conflict?

If you’re a crypto investor, you may have heard the whispers of how Bitcoin has shown signs of moving in tandem with the S&P500, Nasdaq, or even tech stocks. However, this is still a matter of debate in the industry. Conscious uncoupling? In a recap for the week ending 3 March, Messari Insights proposed that […]

Analyzing BTC’s bearish and bullish price action for the week ahead

Earlier this week, the Bitcoin (BTC) price rallied to $44,000 levels amid sanctions reports. But, the cryptocurrency market slumped again as new development from the Ukrainian conflict came in. At press time, the entire crypto market was down by 4%. The king coin suffered a 5% price correction as it dropped below the $41,500 mark. […]

Facing global sanctions, do cryptocurrencies present a way out for Russia

As the war in Ukraine rages on, an interesting phenomenon that has emerged is the role cryptocurrencies can play during a global crisis of this scale, and the ways in which it can be utilized by both sides to either circumvent financial measures against them or rally international economic support. Russia to foray into crypto? […]

Mapping the growth of this built for a ‘Purpose’ Bitcoin ETF

Bitcoin, the world’s largest cryptocurrency, has been in the news a lot recently thanks to its price action struggles. Despite these concerns, however, the demand for Bitcoin ETFs has remained strong. In fact, according to recent statistics, the Purpose Bitcoin ETF hit an all-time high in terms of holdings. Built for a ‘Purpose’ The world’s […]

As mainstream players enter the game, is Bitcoin’s halvening cycle changing

Bitcoin’s price action has been very choppy of late, and it’s time to consider whether traders can depend on the tried-and-tested template anymore. To be specific – the Bitcoin halvening cycle. Quant me in Bitcoin’s halvening cycles are key for investors to predict the long-term movements of the king coin. However, more and more analysts […]

Why the >5M in Bitcoin, Ether, USDT donations for Ukraine matters

As civilians in Ukraine take up arms and build Molotov cocktails, crypto-donations are streaming in from supporters all over the world to help military and relief efforts. With the struggle becoming both physical and cyber, it’s time to take a look at the action on the blockchain. Friends in need. . . Ukraine’s official Twitter […]

Here are three reasons why Bitcoin is ready for a recovery to $42,000

Bitcoin price suffered a fatal setback after Russia attacked Ukraine. The same effect was seen across financial markets, including Russia’s stock market. Despite this sudden downswing, BTC’s on-chain metrics show signs that indicate a quick turnaround. On-chain metrics reveal investors’ sentiment Perhaps, the most important metric is the on-chain volume since it can be used […]

‘Good buying opportunity for Bitcoin?’ Analyst reveals long term plan you can follow

The cryptocurrency market has suffered quite a bit following the recent tension between Russia and Ukraine. Amidst this ongoing struggle, the crypto market cap lost almost $200 billion. However, at press time, the market did rebound. It was up by 7%. Nonetheless, uncertainty still prevailed. In fact, Bitcoin‘s long-time rival, Gold made impressive strides. Defining […]

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