bitcoin technical analysis

US Government Plans to Sell $130M Worth of Silk Road Bitcoin Stash

Newt BettecJan 25, 20243 min read

Sale of Confiscated Silk Road Bitcoin The US government plans to auction off approximately $130 million worth of Bitcoin that was seized from the dark web…

Analyzing Bitcoin Price Trends: Unlocking the Complexities of BTC’s Market Dynamics

Benito CormiJan 24, 20244 min read

Bitcoin’s Price Volatility and Market Capitalization The price of Bitcoin has been experiencing significant fluctuations on January 24, 2024. Within the past hour, it has oscillated…

Is Bitcoin’s Price in Danger? Grayscale’s $335M Coinbase Transfer Sparks Concerns of a Potential Plunge to $30,000

Newt BettecJan 24, 20243 min read

Grayscale Bitcoin Trust Continues to Sell, Putting Pressure on BTC Price The Bitcoin price is facing a significant shift as selling pressure increases, largely due to…

Expert Analysis: Key Factors Indicate Bitcoin Price Unlikely to Fall Below $37,800

Newt BettecJan 23, 20242 min read

The Prospects of Bitcoin’s Bull Run After reaching a 22-month high of $49,000, the Bitcoin price has experienced a significant decline, falling below the crucial $40,000…

Surge in Bitcoin Long Positions on Bitfinex as Whales Add 4,230 BTC, Indicating Possible Price Reversal

Newt BettecJan 23, 20243 min read

Spot Bitcoin ETF Approval Fails to Boost BTC Price In a surprising turn of events, the recent approval of spot Bitcoin exchange-traded funds (ETFs) has not…

BTC Technical Analysis: Navigating Bearish Trends

Benito CormiJan 22, 20244 min read

The Current State of Bitcoin With a market capitalization of $798 billion and a 24-hour trade volume of $16.58 billion, bitcoin’s price is currently hovering just…

Navigating BTC’s Price Volatility: Bitcoin Technical Analysis and Insights

Benito CormiJan 19, 20243 min read

Bitcoin’s Recent Decline Raises Questions About Market Outlook Bitcoin recently experienced a decline, dropping to a low of $40,600 before stabilizing around $41,000. Many are speculating…

BTC Price Analysis: Bitcoin Holds Above $42,000 Despite Downtrend Indicators

Benito CormiJan 17, 20242 min read

Bitcoin Holds Steady Above $42K as Market Consolidates Bitcoin’s price has been consolidating on the 1-hour chart, showing less directionality compared to longer timeframes. There was…

Bitcoin Price Reacts as Grayscale Sends Nearly 12,000 BTC to Coinbase

Newt BettecJan 16, 20243 min read

Grayscale Bitcoin Trust Sends Significant BTC Outflow to Coinbase Recent data from Arkham Intelligence reveals that Grayscale, the manager of the Grayscale Bitcoin Trust (GBTC), has…

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