Here are the technical indicators of Bitcoin that show the possibility of its next price. Bitcoin is trading at $23,657.10, up 7.28% in the last 24 hours. It has a market cap of 454,118,246,862 with a trading volume of $50,849,806,730. Relative Strength Index (RSI) The relative strength indicator is a momentum indicator that shows whether...

The bull has just begun. Bitcoin crossed the $24,000 mark for the first time in over a month. After nearly three months of "intense fear," investors can breathe a sigh of relief. Bitcoin hit a record high of $24,120 on Wednesday, up 8% in 24 hours and trading at levels not seen since mid-June. According...

Bitcoin: The percentage of Bitcoin price decline from the previous record high. Chart source BTC_Supply in exchanges (native units) Chart source Weekly flow of crypto assets (million USD) Chart source Bitcoin: MVRV Z Score (Ratio of Market Value to Real Value) Chart source Bitcoin: Wave Trend Oscillator Indicator Chart source Bitcoin: Net Unrealized Profit/Loss (NUPL)...

Bitcoin: The percentage of Bitcoin price decline from the previous record high. Chart source BTC_Supply in exchanges (native units) Chart source Weekly flow of crypto assets (million USD) Chart source Bitcoin: MVRV Z Score (Ratio of Market Value to Real Value) Chart source Bitcoin: Wave Trend Oscillator Indicator Chart source Bitcoin: Net Unrealized Profit/Loss (NUPL)...

The amount of coins held in Bitcoin vaults has decreased by approximately 102,045 Bitcoins (BTC) equivalent to $2.1 billion as of June 5, 2021. The value of one bitcoin has increased over the past year, reaching $64,000 in April and $69,000 in November. . In contrast, the price of Bitcoin has fallen sharply over the...

Bitcoin price analysis is bordering on bullish territory as buyers have kept the price above $22,100. Buyer confidence seems to have returned in the crypto market as most major coins are trading well above the support zone. Even the digital currency market cap is now back above the $1 trillion mark. So, is the bearish...

Bitcoin price analysis shows that the price volatility action is slowly translating towards the bottom. The price is currently at $21,950 and the pair is moving towards resistance at $21,000 with slow and steady candles higher. The confluence area near $20,000 is becoming a rallying zone for the bulls from a short-term perspective. Source: Coin360...

Bitcoin price analysis shows that the recovery in the crypto markets looks short-lived as the price continues to follow a sawtooth pattern. As the pair once again reaches the $20,900 level, there are doubts that the price may not be able to sustain higher levels due to reduced volume. A recent low of $18,900 has...

There has been a rapid influx of capital into the global crypto market. As capital inflows intensified, the value of Bitcoin and altcoins increased significantly. The increase in profit value has given these coins a boost and hopes to break the current threshold level. Continued changes indicate that the market may be experiencing pressure. If...

Bitcoin (BTC) network activity, like its price decline, has hit its lowest level in years as the current crypto winter continues. According to Glassnode chain data, the total number of exchange deposits (7-day moving average) reached 2013 on July 12, the lowest since July 2020. 📉 #Bitcoin BTC USD The number of exchange deposits (7d...

Coinshares CSO Meltem Demirors has noted that Bitcoin is well positioned to return to the top. The token has had a tough spell over the past few months due to several bearish periods across the market. However, Coinshares CSO sees the bigger picture and predicts that the digital asset could be close to a single-digit...

Graff, a luxury jeweler, is suing his insurance company for refusing to pay a Bitcoin ransom. The jeweler has reportedly paid a $7.5 million bitcoin ransom to Russian hacker gang Conti after the group threatened to reveal information about the company's major clients, including Middle East royalties. Graff negotiated the ransom payment with the hackers...

Bitcoin price analysis is shaky once again. The sustainability of Bitcoin's return to $22,800 is in question. The price has fallen to $20,680 and the bears have succeeded in pushing BTC/USD down. The $20,000 support may be tested as a short-term rally bird. Source: Coin360 As the price fluctuates and the bulls are unable to...

Bitcoin price analysis is finally leaning towards a recovery mode where the bulls can breathe. The major cryptocurrency has retraced the key $21,000 level and is trading at $21,600 at the time of writing. The bulls will certainly be relieved as it starts to move towards the key resistance level of $22,000 which may face...

The global crypto market has continued to fluctuate and the recent move is bearish. The latest data shows that Bitcoin, Ethereum and other major names are facing problems. These changes were expected as the market has been witnessing an alternating pattern of losses and gains for a long time. The only difference this time was...