Research head of research Markus Thielen says Bitcoin’s current price chart signals “market indecision,” with little evidence pointing to a near-term rebound.
The chart below shows that Bitcoin apparent demand was at similar levels on July 27, 2024, after which BTC price dropped a further 30% to $49,000 on Aug. 5, 2024. Bitcoin apparent demand.
Here is the unmarked chart of the two assets ... and talking through them is a reasonable explanation for why I believe Bitcoin could just be lagging gold by a few months to a year.
The past few weeks have been highly volatile for bitcoin (BTC), with price action reflecting sharp swings. In the past two weeks bitcoin traded on an open-high, lower-close candlestick pattern ...
The chart divides time into prosperity, good times, and hard times, suggesting the current bull market aligns with a broader prosperity cycle. On top of this, regulatory clarity, Bitcoin ETFs ...
The majority of the biggest bitcoin miners by market capitalization saw a dip in their production tallies in January. Meanwhile, the price of the world's largest cryptocurrency (BTC-USD ...
Nano Labs (NA) announced that it has received $4.9M equivalent in Bitcoin and USDT from previously announced private placement of 913,714 Class A ordinary shares at a purchase price of $6.46 per share ...