BITCOIN Archives - Page 120 of 127

July 08, 2021

Bitcoin Whales Now Own 49% of Total BTC in Circulation

Reports show that Bitcoin (BTC) whales have expanded their BTC holdings over the past few weeks, despite the unrelenting market volatility. According to a recent report by Santiment, an on-chain crypto analytics company, large BTC addresses (holding between 100 and 10,000 coins) now control about 9...

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July 07, 2021

Bitcoin (BTC/USD) Price Fluctuates Close to $35,000

Bitcoin Price Prediction – July 7The BTC/USD price fluctuates continually close to the value of $35,000 to trade around the line of $34,538. As of writing, the crypto’s valuation maintains a percentage increase rate of 2.26. BTC/USD Market Key Levels:Resistance levels: $37,500, $42,500, $47,500Supp...

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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...

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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...

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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 ...

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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