Charting The Course: This Indicator Sparks Confidence In Bitcoin Rise To $27,000
For Bitcoin (BTC), the largest cryptocurrency in the market, the month of September has seen a lack of definitive strength from both bulls and bears, resulting in a period of sideways chop and rapid bouts of volatility. Material Indicators, a prominent crypto analysis firm, sheds light on the prevailing market conditions and highlights the intricacies of short-term price action (PA) against the backdrop of the macro sentiment. Unpredictable Market Conditions Prevail As BTC Seeks Direction Despite a bearish macro sentiment, where a broader downtrend is anticipated, short-term price action....
Related News
You're probably used to waking up in the morning, having your cup of Earl Grey, and checking your favorite charting service for the most up-to-date bitcoin prices. But wait, the Mt. Gox price hasn't been updated in days. Have they been hacked? Did they give up? Is my charting service broken? No, no, and no. The answer lies in a technology change Mt. Gox did, switching their API provider to a company called PubNub, who specializes in delivering real-time information to consumers (read all about that here). Unfortunately, that move has broken some things, but it's only a matter of time....
Bitcoin is charting a typical bull market correction amid increased expectations for price volatility.
As the price of bitcoin continues to influence its critical mining industry, it’s important to look at the past and future of this sector. The post Beyond Supply And Demand: Charting The Bitcoin Mining Industry’s Journey appeared first on Bitcoin Magazine.
Forward Industries, known for making protective casing for medical devices, has announced a massive $1.65B private placement to go big on Solana ($SOL). Backed by big names like Galaxy Digital and Multicoin Capital, the move shows tremendous institutional confidence in Solana’s future. Forward Industries’ stocks shot up by 6% right after the announcement and have […]
After weeks of continued bullishness, Helium has now succumbed to the bearish pressure going against the grain as the broader market skyrockets in the short term. The latest market data shows that HNT fell by nearly 16% since last week, leading to a flip in investor sentiment. Related Reading: Bitcoin Mine Shutdown In Norway Sparks […]