Warning: Bitcoin And Altcoins Fischer Transform Indicator Turn Bearish For Th...
Technical expert Tony Severino has warned that the Bitcoin and altcoins Fischer Transform indicator has flipped bearish for the first time since 2021. The analyst also revealed the implications of this development and how exactly it could impact these crypto assets. Bitcoin And Altcoins Fischer Transform Indicator Turns Bearish In an X post, Severino revealed that the total crypto market cap 12-week Fisher Transform has flipped bearish for the first time since December 2021. Before then, the indicator had flipped bearish in January 2018. In 2021 and 2018, the total crypto market cap....
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Bitcoin and the crypto market continued to move sideways over the past week after recording important losses during the weekend. Despite the short-term bearish price action, there seems to be more appetite for risk in the sector as market participants allocate more capital to altcoins. Related Reading: Bitcoin Realized Losses Going Down, But Still At Significant Value At the time of writing, Bitcoin (BTC) trades at $21,500 with a 2% profit over the past 24 hours and an 11% profit over the past 7 days. The Bitcoin Dominance (BTC.D), an indicator used to measure the percentage of the crypto....
A widely traced technical indicator in the Bitcoin market is signaling bullish exhaustion as the cryptocurrency flirts with $60,000.
Dogecoin Price Key Highlights. Dogecoin price failed to break the trend lines pattern, which is a worrying sign for buyers in the near term. There are a few bearish signs emerging on hourly chart, suggesting a bearish turn moving ahead. The price is now below the 100 hourly simple moving average, which might ignite a down-move. Dogecoin price failure to break higher is a major concern for buyers, and might push the price lower if sellers gain control. Break of 50.0 Satoshis? The Dogecoin price struggled this past week to gain strength and traded inside two trend lines, as highlighted....
On-chain data shows the Ethereum netflows are sharply turning positive, a sign that could prove to be bearish for the crypto. Ethereum Exchange Reserve Rises As Netflows Become Positive As pointed out by an analyst in a CryptoQuant post, exchanges have observed net ETH inflows recently, swelling up their reserves. The “all exchanges netflow” is an indicator that measures the net amount of Ethereum moving into or out of wallets of all exchanges. The metric’s value is calculated by taking the difference between the inflows and the outflows. When the value of the indicator....
Dr. Aron Fischer of Swarm and Colony explains how Ethereum-backed micropayments will free us from the control of Facebook and Google. He also talks about the implications of Ethereum on society in an interview shot at the Devcon 2 conference last September. Several new projects are being developed on the Ethereum platform. They have the potential to reach the mass market sooner than most users could ever imagine. Fischer says in the video: “The reason we ended up where we are today is because of a lack of micropayments. The reason that companies like Google and Facebook spend so much time....