Bitcoin Price Action Sees Largest Gap Closure In Market Shake-Up, Bullish Or ...
Bitcoin has reached a crucial moment in its price action following heightened volatility that has overshadowed the entire crypto market, with major digital assets dropping to key support levels. Despite the sharp bearish performance, BTC’s fundamentals remain strong, igniting hope for bullish prospects. Biggest Price Gap In Bitcoin’s History As Bitcoin undergoes a lengthy bearish […]
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A recent meltdown in the Bitcoin price from its record high near $42,000 has done little to shake its bullish bias, at least according to a Bloomberg analyst.
There’s a new Android application called Shake that enables users to tap-and-pay for items with Bitcoin and NFC (Near Field Communication) technology. On March 19th Shakepay.co introduced its service by saying “Bonjour” to the world. Shake will offer some unique features for cryptocurrency users and their smartphones. The platform will make it possible....
The Bitcoin (BTC) market was highly bullish in the last week, with prices leaping by over 10%. Amidst this positive development, there has been notable investor activity, which points to an unyielding demand that could support a sustained price uptrend. Related Reading: Resurgence Of Ancient Bitcoin: Dormant BTC Movements Double In 2025 BTC Supply Shake-Up: […]
On-chain data shows long-term holders are back in accumulation mode after the recent shake-out cleared network congestion and shook out over-leveraged traders. The May 19 crypto market sell-off saw $1.2 trillion in value erased from the total market capitalization as the froth and excess leverage of over-hyped markets was quickly eliminated. But similar to a forest fire, whose destructive power is essential to the rejuvenation of a forest's ecosystem, dramatic market shake-outs are a vital part of the full life cycle of a developing market, as excesses that have accumulated are burned away....
The Bitcoin price has fallen to a low of $59,604 today, marking a 4% decrease. According to several renowned crypto analysts, this movement was largely driven by the phenomenon known as the CME gap, a concept critical in Bitcoin futures trading at the Chicago Mercantile Exchange (CME). Why Is Bitcoin Down Today? A “CME gap” is a term used to describe the price gap that emerges on the Bitcoin CME futures chart. Unlike Bitcoin’s spot markets that operate 24/7, the CME Bitcoin futures market only trades five days a week, closing over the weekend and on holidays. This difference in....