Data shows the crypto market fear has been mirroring the volatility in the market recently, as the latest burst in the price of Bitcoin has improved investor sentiment. Crypto Fear And Greed Index Escapes Out Of “Extreme Fear” Zone The “fear and greed index” is an indicator that tells us about the general sentiment among…
Read more
The Bitcoin price is at risk of returning to its range below $19,500 if bulls fail to defend current levels. The cryptocurrency was trending higher after weeks of consolidation, leading to a spike in positive market sentiment, but optimistic participants might have been fast to proclaim more profits. At the time of writing, the Bitcoin…
Read more
In this episode of NewsBTC’s daily technical analysis videos, we flip the Bitcoin price chart upside down to get a unique perspective on the market. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October 27, 2022 Inverted Bitcoin Price Chart Could Suggest Bear Market Is Over When price action seems confusing,…
Read more
Bitcoin fell marginally lower on Thursday, as traders moved to secure gains following yesterday’s price surge. The token rallied to a multi-week high above $21,000 late on hump-day, with bulls somewhat retreating today. Ethereum was also down from Wednesday’s five-week high. Bitcoin Bitcoin (BTC) bulls moved to secure Wednesday’s gains during today’s session, as the…
Read more
BTC’s price shows strength as it bounces from a downtrend range with high volume, aiming for a rally to $21,500. BTC faces a major decision test to trend higher above $21,000 after the price broke out of its downtrend descending triangle price movement. BTC’s price remains strong on the daily timeframe above the 50 Exponential…
Read more
The Bitcoin price has woken up from its Snow White slumber over the past two days. As NewsBTC reported, the price rally started shortly after the Dollar Index (DXY) showed weakness and suffered a sharp setback. For much of 2022, Bitcoin and the dollar index were inversely correlated. While the DXY was rising relentlessly and…
Read more
Bitcoin price is gaining pace above $20,000 against the US Dollar. BTC is showing positive signs and might rise further towards $22,000 or even $25,000. Bitcoin is gaining pace above the $20,000 and $20,500 resistance levels. The price is trading above $20,000 and the 100 hourly simple moving average. There is a major contracting triangle…
Read more
In this episode of NewsBTC’s daily technical analysis videos, we take a look at the ongoing Bitcoin price breakout above the upper Bollinger Band on daily BTCUSD charts and provide some insight into what the next targets might be. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October 26, 2022 The breakout across…
Read more
Bitcoin is now back above the $20k mark after observing some sharp uptrend over the past day, but is this pump sustainable? Here’s what on-chain data has to say about it. Bitcoin All Exchanges Netflows Remain Muted Following The Price Rise As explained by an analyst in a CryptoQuant post, the BTC exchange netflows can…
Read more
Stellar (XLM), the 27th ranked cryptocurrency in terms of market capitalization, managed to pump its spot trading price by 2.1% over the last 24 hours. At press time, according to tracking from Coingecko, the asset is changing hands at $0.112 and has been down by 3.3% and 4.4% on is biweekly and monthly charts, respectively.…
Read more
