Did Top Three Bitcoin Addresses Just Call Another Local Bottom?
The buying pattern of bitcoin whales has long been an indicator for coming market movement. While it may not happen everything, the fact remains that these top addresses control enough of the supply between them to have significant impacts on the price. This is evident in past movements coinciding with major price shifts and once again, these whales have gone on another accumulation trend that could be the start of another bull rally. Bitcoin Addresses With 100K Accumulated The bitcoin addresses that hold more than 100K on their balances are followed by investors and their activities are....
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ChiliPhone allows you to make long distance calls with a phone, from your web browser, and for a lower price than your local phone provider. The kicker, they accept Bitcoin. In fact, they only accept Bitcoin. “This is a service that lets you make cheap phone calls all around the world! You don’t need to download or install any software; you can call directly from your web browser!” – Chiliphone Chiliphone allows anybody with a browser to make international calls without having a phone, downloading software, or a signing a contract. The process works similar to Skype and allows you call....
The famous American whistleblower, Edward Snowden, took to his Twitter account once again to talk about bitcoin. This time around, he confirmed on December 7, his call on the bottom that the crypto reached on March 12, 2020. Snowden Remembers His Call on Bitcoin’s Bottom in March 2020 Edward Snowden, a former Central Intelligence Agency (CIA) employee, and National Security Agency (NSA) subcontractor retweeted a message he posted on March 13, 2020, where he made the following statement on bitcoin price at that time: This is the first time in a while I’ve felt like buying....
Bitcoin continues to trend lower over the weekend and seems at risk of re-testing previous lows. The first crypto by market cap was rejected at mid-area north of $40,000 and was unable to muster the momentum to hold those levels. Related Reading | Did Top Three Bitcoin Addresses Just Call Another Local Bottom? As of press time, Bitcoin trades at $39,921 with a 1.2% and 5.2% loss in the last day and 7 days, respectively. Yuya Hasegawa, analyst for Bitbank, attributes BTC’s price recent price action to the Russia-Ukraine situation. In that sense, the analyst expects potential relief as....
When Bitcoin rallies, it historically has gone parabolic and blasted off to astronomical prices before each cycle peaks. Recently, rallies have been few and far between, cutting the price per coin down to around $33,000 at the local low. The plummet, however, fell short of tagging a “parabolic” indicator and it could mean that the local bottom is in. Here is more about the Parabolic SAR, the potential signal, and other supporting evidence that the bottom might already be in. Parabolic Uptrend Intact, Says Indicator With 95% Confidence Rate Bitcoin price has repeatedly gone....