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Bitcoin Price Echoes 2021 Warning as RSI Divergence Flashes Red
TL;DR Bitcoin forms weekly RSI divergence while the price makes higher highs, echoing the 2021 cycle top pattern. BTC trades below the $112K support; analysts warn of a broader correction if this leve...
6 Weeks Straight: Ethereum ETFs Leave Bitcoin in the Dust
Ethereum exchange-traded funds (ETFs) have outperformed their Bitcoin counterparts for six consecutive weeks, highlighting a shifting preference among investors. Fresh data shows ETH products are draw...
Bitcoin’s Bull Score Flashes Red: What On-Chain Data Means for BTC’s Future
The Bitcoin Bull Score, a composite metric tracking MVRV Z-Score, cycle indicators, and trader profit margins, has gone to 20, a reading historically related to bearish conditions. This signal comes a...
Is Bitcoin About to Drain the Life Out of Altcoins? Analyst Thinks So
TL;DR Bitcoin’s dominance climbs off key support, hinting at renewed strength into September and October. Altcoins may underperform as Ethereum-led rallies show signs of topping out this quarter. Anal...
Is the Bitcoin Bull Market Cycle Coming to an End? Analysts Weigh In
“The old money flow cycle is breaking,” crypto trader ‘Koroush AK’ told his 376,000 X followers on Wednesday, referring to the previous pattern of money rotating from Bitcoin to Ether and then to altc...
Fresh Off Bitcoin Merger, KindlyMD Unveils $5 Billion Funding Push
KindlyMD, a healthcare services firm listed on Nasdaq, has announced plans to raise up to $5 billion through an at-the-market equity offering program (ATM program) filed with the US Securities and Exc...
Coinbase and Binance Reveal Bitcoin Inflows at Historic Lows: Here’s Why It Matters
Markets experienced choppy trading in the past week. Bitcoin, for one, surged from $111K on August 21st to over $117K on August 23rd, driven by the Jackson Hole bounce, before declining to $111.36K as...
Will Bitcoin Hold the Line? Analysts Highlight the Most Critical Support Levels
Bitcoin (BTC) is facing a pivotal test after a sharp reversal from its recent peak. The number one cryptocurrency’s slide below $110,000 has market observers closely monitoring a crucial band of suppo...
2 Reasons Why Bitcoin (BTC) Might Sink Deeper in the Short Term
TL;DR The recent whale activity suggests BTC’s price may continue to decline in the following days. However, analysts remain optimistic, whereas the asset’s RSI has neared oversold territory. More Tro...
Traders Keep Betting on Bitcoin, But Funding Rates Warn of Trouble Ahead
August trading data from Binance exposed a clear divergence between bullish futures sentiment and Bitcoin’s actual downward trend. This gap highlights the growing risks of excessive optimism in levera...
Altcoins Continue to Bleed Out as Bitcoin Fights to Maintain $110K: Market Watch
Bitcoin’s price nosedived once again in the past 24 hours to a new multi-week low of under $109,000 before it recovered a small portion of the recent losses. The altcoins are in no better shape, with ...
Bitcoin ETFs Are Getting Dumped: 6-Day Outflow Spells Market Turmoil
Bitcoin’s price slid to a multi-week low of under $109,000 on August 26th, down about 2% from the previous day. As crypto majors continued to bleed this week, data suggest that retail investors are pa...