Bitcoin Blockchain and Cryptocurrency News Center
The Bitcoin cycle top would likely come in at price levels above $166,000 per coin if history repeats, the Cointelegraph writes. After breaking out of the two-months ascending triangle, the price of Bitcoin (BTC) is firmly staying above $60,000. Current on-chain volume suggests investors are still strongly buying Bitcoin at current price levels. Furthermore, the […]
Despite the recent stagnation, Bitcoin is still up by over 150% from the capitulation lows of March’s crash. By the standards, that means that BTC’s nascent market is at exuberant levels — especially considering the dismal state of the world economy. Chart of BTC’s price action since the start of the year from TradingView.com But on-chain data […]
While Bitcoin has seen its fair shares of rallies and crashes since the 2017 highs of $20,000, the cryptocurrency has not yet entered its fourth macro market cycle. Though a crucial on-chain indicator signals that this is changing, the NewsBTC reported. Bitcoin on Verge of Its Third Macro Bull Market Crypto analytics firm Glassnode noted […]