bitcoin / 326 posts found
Bitcoin Breaks Final Long-term Trend Line
By Mark Hunter 1 day agoMon Sep 05 2022 09:02:29 Reading Time: 2 minutes Bitcoin has broken the last long-term trend line The line, dating back to August 2015, was ended this month This isn’t necessarily a bad thing however, merely reflective of Bitcon’s growth Bitcoin has finally broken the last remaining multi-year trendline, putting into context the severity of the current crash. However, while some may see this as a sign of impending doom, it’s more suggestive of a shift in how Bitcoin is behaving, with prior growth now clearly unsustainable. Bitcoin Has Been Breaking Trend Lines For Months […]
Bitcoin Price at Risk of Dropping Below $15K as Miners Sell Over 4000 BTC
As its price fell towards the end of August, Bitcoin [BTC] had a difficult time. But September has brought some brighter days, as the cryptocurrency’s last seven-day performance did not see much downside. The cryptocurrency market is anticipating the Ethereum merger, but it seems like Bitcoin is having trouble gaining traction. BTC oscillated back and forth around the $20,000 level over the last few days, casting doubt on the possibility of a short-term Bitcoin bottom. Crypto researcher ali martinez ali martinez Ali [email protected] TraderMarket Analyst Followers : 0 View profile noted in a tweet on Friday that, according to information […]
Bitcoin, Ethereum Jump After U.S. Jobs Report
Cryptocurrency Cryptocurrency The U.S. Labor Department’s jobs report revealed that employment stayed solid in August. Key Takeaways The U.S. labor market remained robust in August despite growing economic concerns. Bitcoin and Ethereum posted moved higher on Friday following the report. Still, both cryptocurrencies remain in a bearish posture from a long-term perspective. Bitcoin and Ethereum appear to be edging closer to a major price movement as investors’ sentiment improves following the latest U.S. labor report. Cryptocurrency Make-Or-Break for Bitcoin and Ethereum Bitcoin and Ethereum have experienced a small boost after the latest U.S. Labor Department report revealed that employment stayed […]
Bitcoin Enters Its Worst Month! Here’s How BTC Price Might Perform?
Bitcoin Statistically speaking, September was a poor month for the bitcoin market. Investor returns have been negative for the previous four September. The value of the largest cryptocurrency has dropped 20% since August 1. The technical analysis may point to a further fall in September as the trading session for today comes to a conclusion. Since 2017, September has generally been a poor month for Bitcoin. In the previous five years, the average monthly decline in the price of bitcoin was 8.5%. Crypto analysts, however, think that this year is different since fundamentals and on-chain activity have increased along with […]
