Bitcoin Price Tracker: ‘Back To Short Term Bearish’
Bitcoin.com is back again with the World Crypto Network video broadcast and technical scrutiny. With host Theo Goodman, guest experts George Samman and Tone Vays, giving you Bitcoin’s price a play-by-play analysis. As well as the examined price movements within the digital currency’s value there has also been much discussion concerning development. This....
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With momentum building around the Bitcoin price, analysts are predicting a surge to $80,000 in the upcoming days. As a result of the renewed upside price action, its market dynamics are starting to undergo a shift as short-term BTC holders move back to profit levels. Short-Term Bitcoin Investors Are Regaining Profitability Despite periods of pressure […]
As the price of Bitcoin and the general crypto market has rallied, leading to a much-needed increase in price, Bitcoin Cash (BCH) investors are once again on a profitable path. The majority of investors are now in the green following its double-digit surge in the last week. But now the question posed is, will the price of BCH continue to maintain this surge? Bitcoin Cash Short And Long-Term Holders Enjoy Profits In a Thursday post, on-chain data tracking platform Santiment revealed that both short and long-term holders of Bitcoin Cash are doing quite well right now. The chart shared by the....
The bitcoin price should make a sharp jump above $420 resistance level this week, and looks bullish at least for the near short term. The target for a continued upward trend is $440, a level dating back to February 14 2016. A declining sloping trend line cuts right around $440, and some more resistance should kick in. This resistance will likely push back on price and force it to retrace to $420. Beyond the short term, price looks bullish having maintained 2015’s trading range. The BitcoinAverage Breakdown. The above 6 hour chart from Bitstamp illustrates this week that the price of....
With Bitcoin reclaiming and holding above the key $117,000 price level, this bullish move clearly implies that the ongoing bull market cycle is still alive and kicking. On-chain data shows that BTC’s current upward trend has notably reignited positive sentiment among short-term holders once again. Short-Term Bitcoin Whales Are Back In The Profit Zone In […]
Bitcoin may have pulled back briefly after days of upward action, but its price is still holding firm above the pivotal $77,000 mark backed by growing bullish sentiment across the broader cryptocurrency market. While BTC’s price has displayed upside momentum, the on-chain indicator points to a steady decline in activity among short-term holders. Short-Term Holder […]