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Bitcoin (BTC)

Bitcoin Recovery Attempts Halted as ETF Outflows Continue, World’s Biggest Pension Fund Looks at BTC: This Week’s Crypto Recap

Things move fast in the cryptocurrency space, and the landscape tends to change quickly, especially price-wise. This has indeed been the past within the past seven days. It was just a week ago when Bitcoin’s price was soaring high, charting fresh all-time highs almost daily. The latest peak came last Thursday when BTC neared $73,800 for the first time ever. However, the situation started to change a day later when the cryptocurrency dumped to $66,000, and it’s even worse...

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Bitcoin Cash Analysis: Can Bulls BCH Back To $500?

Bitcoin cash is eyeing a fresh increase above the $420 resistance against the US Dollar. The price is now trading near the $410 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $378 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $420 and $435 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $400 against the US...

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The Bottom Is In On Bitcoin’s Latest Pullback, Says Willy Woo

The price of Bitcoin (BTC) has likely already bottomed from a sharp pullback that followed new all-time highs last week, according to popular price analyst Willy Woo. The analyst provided a list of “good news” and ”bad news” surrounding Bitcoin’s fundamentals on Thursday, comparing the asset’s recent consolidation to that of past bull market cycles. Has Bitcoin Bottomed Yet? Woo began with a look at Bitcoin’s Spent Output Profit Ratio (SOPR), an on-chain metric gauging...

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Bitcoin & Bitcoin Cash Among Top Crypto Gainers as Crypto Prices Pump: What About Green Bitcoin?

The crypto market has caught a fresh wave of bullish momentum, with Bitcoin (BTC) and Bitcoin Cash (BCH) leading the charge. As coins across the board flash green, the double-digit pumps from BTC and its fork reflect the renewed appetite from traders. Crypto Market Roars Back as BTC & BCH Pump Bitcoin has roared back today, with the largest crypto by market cap rising over 10% in the past 24 hours alone. Currently trading at $67,750 on exchanges, BTC has re-established...

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Bitcoin (BTC) Price Recovers But Danger Still Looms: QCP Capital

Bitcoin’s setback below $61,000 triggered a market-wide correction. Despite the inflow of fresh capital, the leading crypto asset registered 15% in weekly losses at one point after hitting new all-time highs earlier this month. QCP Capital’s analysis suggests that the Bitcoin bull market is far from over while simultaneously highlighting a continued liquidity rotation, which is likely to propel the asset to new highs post-halving. Having said that, a “violent” near-term...

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Decline in Bitcoin (BTC) Wallets Reflects Market Fear, But There’s A Catch

Bitcoin and the rest of the crypto market have recovered, wiping out most of the losses incurred during the recent correction. Besides this latest recovery, the leading asset could see more positive returns in the near future, according to the latest data. Bitcoin Non-Zero Wallet Addresses Drop Santiment’s recent analysis of Bitcoin’s network activity revealed a notable decline in the number of total non-zero coin wallets over the past 10 days, with a net difference of...

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