BITCOIN Archives - Page 121 of 129

July 06, 2021

Bitcoin to Enter Bear Market Following Prolonged Consolidation: Twitter Analyst

Famous Twitter crypto analyst Mr. Whale believes that current Bitcoin (BTC) market conditions indicate an imminent bear move. The analyst tweeted yesterday that the benchmark cryptocurrency’s inability to print a new high in more than 80 days is “confirmation that the bull market is over.” He tweet...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

July 04, 2021

Bitcoin (BTC/USD) Price Undulates at $35,000

Bitcoin Price Prediction – July 4Over a couple of days’ sessions, the BTC/USD price undulates around the market’s value of $35,000 until the present. The crypto’s worth now trades around the level of $35,397 at about a percentage increase rate of 2.19. BTC/USD MarketKey Levels:Resistance levels: $3...

#BITCOIN #BTC/USD #Technical Analysis

July 04, 2021

Bitcoin Mining Difficulty Hits Its Lowest Level in History Amid China Crackdown

New data from Glassnode revealed that the Bitcoin (BTC) mining difficulty has dropped by 28% in its latest adjustment, making it the worst negative adjustment in BTC mining history. Bitcoin mining difficulty is a metric used to illustrate how hard it is for miners to successfully solve a mining blo...

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July 01, 2021

Bitcoin Set for Another Boost as the Puell Multiple Metric Turns Bullish

As Bitcoin (BTC) struggles to regain bullish momentum to recover from its recent crash, bulls have received an additional boost from a highly-revered metric to propel the cryptocurrency higher. The Puell Multiple Metric has indicated a buy signal for the fifth time. Analysts claim that all four of ...

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June 30, 2021

Bitcoin (BTC/USD) Holds Tight Around $35,000 Value

Bitcoin Price Prediction – June 30Many trading activities have been ongoing in the BTC/USD market around the levels of $35,000 and $30,000. Price tries to swing up to now trade at about a point of $34,918 at a minus percentage rate of 3.66. BTC/USD Market Key Levels:Resistance levels: $37,500, $42,...

#BITCOIN #BTC/USD #Technical Analysis

June 29, 2021

Bitcoin Miners Mount Selling Pressure on BTC as Miners Migrate

Reports show that Bitcoin (BTC) miners have boosted their selling activities as the mining industry tries to steady itself from recent blows from China. While we witness the largest crypto mining migration in history, BTC mining hash power has fallen to record lows. According to Glassnode’s latest ...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

June 27, 2021

Bitcoin (BTC/USD) Continues to Hover Underneath the $35,000

Bitcoin Price Prediction – June 27The market operation of BTC/USD continues to hover underneath the $35,000 resistance level. The US Dollar has continually put the flagship crypto to trade around $32,902 value at a rate of about 1.70 percent. BTC/USD MarketKey Levels:Resistance levels: $35,000, $40...

#BITCOIN #BTC/USD #Technical Analysis

June 24, 2021

Bitcoin (BTC/USD) Strives Averaging $35,000 Level

Bitcoin Price Prediction – June 24The trade worth of BTC/USD has been on a motion striving to average the level of $35,000 while it couldn’t dip further sustainable below the critical support baseline drew around the line of $30,000. The crypto’s point now strives to trade around the level of $34,0...

#BITCOIN #BTC/USD #Technical Analysis

June 24, 2021

Bitcoin to Hit $25,000 at GBTC Unlocking: JP Morgan

Despite having recovered decently from its recent crash, JP Morgan strategists believe that Bitcoin (BTC) still has a bearish gap to fill. In their latest memo detailing the performance of Bitcoin, the strategists highlighted the upcoming GBTC unlocking as a bearish event for BTC and that it could ...

#BITCOIN #BTC #CRYPTOCURRENCY #Grayscale #JP Morgan #NEWS