Bitcoin (BTC) losing over 50% in a month may have a big silver lining as lower prices set up a classic bull flag.On Thursday, Philip Swift, creator of the Pi Cycle Top indicator, said that this year could still see a major Bitcoin price high. BTC price drop’s saving grace?Pi Cycle Top uses two moving averages — the 111-day and the 350-day multiplied by 2 — to determine likely … [Read more...] about Historically accurate Bitcoin metric nears the next ‘potential’ price peak
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Bitcoin network's computing power: Is it an accurate predictor of BTC price?
Drops in Bitcoin's hash rate coincided with some big BTC price corrections in the past. Source link … [Read more...] about Bitcoin network's computing power: Is it an accurate predictor of BTC price?