Bitcoin Breaks $15K as Investor Numbers Peak
Bitcoin's rally is still going as investors continue to accumulate the cryptocurrency, ignoring overbought signals on technical indicators.
Related News
Financial economist and CEO of Real Vision, Raoul Pal, has shared his outlook on when Bitcoin (BTC) could reach a peak in this cycle. Despite recent market headwinds and fluctuating prices, he remains strongly bullish on BTC’s long-term prospects. While many analysts warn of deeper price corrections based on the traditional four-year cycle theory, Pal […]
The Bitcoin recovery above $80,000 has brought some sort of confidence back into the crypto market, but a crypto expert is warning that the timing of the rebound may be more dangerous than it looks. As noted by the expert, who goes by the name Crypto Patel on X, Bitcoin has now entered the same part of the four-year cycle that previously produced some of its deepest quarterly breakdowns. Bitcoin Is Repeating A Mid-Term Year Pattern Bitcoin has broken above the $80,000 mark and this has led to Coinmarketcap’s fear and greed index pushing into high neutral numbers. This move has been....
A Long Reads Sunday reading of Grayscale’s recent “Bitcoin Investor Survey.”
Here's a look at what we are focusing on in the bitcoin price this morning. It’s Tuesday morning, and time to take the first of our two looks at the action in the bitcoin price for today. Before we do, let’s take a quick look at what happened overnight, as this is going to influence how we approach the markets this morning. Specifically, action last night formed something of a head and shoulders pattern on the five-minute chart. A head and shoulders forms when we get a peak, a dip, a higher peak, which then dips into another peak similar in height to the first, but not as high as the....
Blocks are the data structures Bitcoin uses to permanently record data. This is common knowledge known by the initiated and in previous articles we've covered information related to these data structures. The block chain, isn't really a chain at all. Well, logically there is a chain but it might not be what you first expect. This article breaks down the structure of a block and provides insight to the moving parts "under the hood." Hopefully, by the end, some of the underlying technology is to understand. Also read: Bitcoin Transactions for Mere Mortals. Bitcoin for Mere Mortals: Block....