In this episode of NewsBTC’s daily technical analysis videos, we examine Bitcoin price action on Halloween night to see if the market is in for any tricks or treats. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October 31, 2022 The forecast for Halloween night is cloudy with a chance of…
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Data shows Bitcoin is now approaching another retest of the realized price, will the bulls be able to blow through the resistance this time? Bitcoin’s Recent Upwards Momentum Has Brought It Near Realized Price Again As pointed out by an analyst in a CryptoQuant post, BTC has spent a total of 138 days under the…
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Approximately 14 years ago today, on Halloween, Satoshi Nakamoto introduced Bitcoin to the world by sharing the renowned white paper. Satoshi’s invention, shared on metzdowd.com’s Cryptography Mailing List, not only solved a problem that had plagued computer scientists for years, but the invention also redefined how people look at money. Furthermore, as a side effect,…
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According to a report, the embattled crypto lender Hodlnaut saw a significant loss from the Terra blockchain collapse last May. The report notes that Hodlnaut downplayed the company’s exposure to the Terra ecosystem and allegedly lost $190 million from the incident. Report Says Hodlnaut Downplayed Terra Exposure Following the Collapse More than 1,000 deleted documents…
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Bitcoin is hanging out below resistance at $21,000 and could be gearing up for another leg to the upside in the coming days. The cryptocurrency broke out of a range last week, trending higher and reclaiming previously lost territory. At the time of writing, Bitcoin (BTC) trades at $20,300 with sideways movement in the last…
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BTC’s price shows strength as it bounces from a downtrend range price rallied to a high of $20,500 with eyes set on $22,000. BTC could rally more as the price creates more bullish bias by breaking out of a downtrend descending triangle with eyes set on rallying higher. BTC’s price remains strong on the daily…
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Ethereum was trading above $1,600 on Monday, as markets prepared for the latest U.S. Federal Reserve policy meeting. The Fed is expected to hike rates by 75 basis points this week, as inflation remains at historical highs. Bitcoin also rebounded, hovering marginally below $21,000 in today’s session. Bitcoin Bitcoin (BTC) remained closer to $21,000 on…
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The crypto market looks a lot better ahead of the new week compared to previous weeks as we saw some major rallies from the like of DOGE with over 100% return on investment within the space of few days and the price of Bitcoin (BTC) closing the week on a high ahead of its monthly…
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Bitcoin price started a downside correction from $21,000 against the US Dollar. BTC could start a fresh increase if it remains stable above the $20,000 support. Bitcoin is slowly moving lower from the $21,000 resistance zone. The price is trading below $20,500 and the 100 hourly simple moving average. There is a key declining channel…
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Amid the chaotic economy, plagued with central bank tinkering, supply chain issues, and red-hot inflation, the professor of applied economics at Johns Hopkins University, Steve Hanke believes a “pretty big recession” will take place in 2023. Speaking in an interview on Oct. 28, Hanke said that he updated the probability of a U.S. recession to…
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