Bitcoin Price Surge Destination Unknown
Bitcoin price quickly returned to its previous consolidation zone during Sunday trade. The verdict in the ongoing case of Bulls vs. Bears remains inconclusive. A swift move higher puts price back in the center of its two-month consolidation zone. One concern is that today’s advancing wave had gone “too far too fast” and then lost momentum. In the bitcoin chart such a high energy blast – during low weekend liquidity – often results in downward continuation. A second confirmation that advance could return to decline can be found in the 1-hour RSI indicator’s reverse divergence: the buying....
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The Bitcoin price plunged below $31,000 on Monday, marking a new low for the year. Altcoins also sold off sharply. Roughly $1.4 billion worth of Bitcoin (BTC) was reportedly moved from a wallet tied to Luna Foundation Guard (LFG) on Monday, raising questions about its ultimate destination on a day that has seen Bitcoin’s price tumble more than 11%. Data from blockchain explorer Blockchair revealed Monday that 42,530.82827771 BTC was spent from the LFG wallet, though its destination was unknown. It has been speculated that the funds were split into two batches — roughly 12,500 BTC and....
A spectacular Bitcoin price surge has advanced to near $260 (Bitfinex) and 1638 CNY (BTC-China). The parabolic advance has left the market wondering about the next move and at the time of writing a bout of profit-taking has set in. The wave seems to be topping out in a familiar ending diagonal, whereby successive smaller waves punch to higher highs. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 16h58 UTC. Bitfinex 15-Minute Chart.....
Ethereum is one of the most popular cryptocurrencies and the largest altcoin available in space. However, the huge price surge of ETH means that investors may be looking for other alternatives to invest in. This guide will discuss three popular cryptocurrencies and review why a price surge for ETH is not as likely as these […]
Bitcoin price has surged to $250 and 1600 CNY in what can only be described as magnificent price action. No other market instrument can do this and it is a unexpected reminder of the speculative potential in Bitcoin! This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 16h50 UTC. Bitfinex 1-Day Chart. From the analysis pages of xbt.social, earlier today: Price could achieve the red daily 200MA that has eluded it for months within the coming....
Solana, a proof-of-stake (PoS) blockchain spearhead by FTX CEO Sam Bankman-Fried, is "stuck" due to an unknown issue.