"Still a lack of large buyers, or what we refer to as "whales" on-chain. This looks at entities with over 1,000 BTC and then filters out exchanges," William Clemente, the author of Blockware Intelligence newsletter, said in the latest weekly edition published Friday. Source link … [Read more...] about Bitcoin Whales Stay Away Even as Technical Indicator Flashes Oversold
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XRP, Ethereum fall as popular index flashes ‘Greed’ sign
The crypto fear and greed index, a collective metric that estimates the current sentiment on the crypto market, remains in the “greed” zone, while most of the major cryptocurrencies entered the new week with a price uptick.The index reflects daily emotions and sentiments for Bitcoin (BTC) and other large cryptocurrencies, which are gathered and analyzed from different sources … [Read more...] about XRP, Ethereum fall as popular index flashes ‘Greed’ sign
Cardano, Dogecoin, XRP fall 10% while key Bitcoin metric flashes a favourable sign
Cardano, Dogecoin, XRP fall 10% while key Bitcoin metric flashes a favourable sign Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › AnalysisBitcoin dropped below the crucial weekly support of $32,500 as bears took control of the price action. Rohan Jethi · July 20, 2021 at 8:00 am UTC · 2 min read … [Read more...] about Cardano, Dogecoin, XRP fall 10% while key Bitcoin metric flashes a favourable sign
Key Bitcoin price indicator flashes its ‘fifth buy signal in BTC history’
The cryptocurrency market found itself in a state of cautious optimism on June 28 after Bitcoin (BTC) price briefly spiked above $35,500, renewing hopes that the bull trend will resume shortly. Despite the bullish move, some analysts have warned that the failure to secure a daily close above the $35,000 resistance is a sign that traders are simply closing positions at each … [Read more...] about Key Bitcoin price indicator flashes its ‘fifth buy signal in BTC history’
Key Bitcoin price metric flashes its first bullish signal in 4 months
Bitcoin (BTC) has been struggling to sustain above the $53,000 support for the past three days, while Ether (ETH) soared to a new all-time high at $2,800. In the current scenario, some traders would rather wait for Friday's CME futures expiry before entering long BTC positions, as historically, its price tends to correct ahead of the event.Ether and Bitcoin prices at Coinbase, … [Read more...] about Key Bitcoin price metric flashes its first bullish signal in 4 months