Bitcoin price may have pumped 10% to $41,000 but derivatives indicators show top traders aren’t feeling so bullish.
Tag: Bitcoin Price
Following massive BTC purchase announcement, MicroStrategy says it may sell up to $1B in stock
The firm said it intended to use the proceeds from the offering “for general corporate purposes, including the acquisition of Bitcoin.”
Bitcoin price moves toward $40K as on-chain and technical analysis favor bulls
Bitcoin price is still 38% away from its all-time high but a handful of technical indicators suggest bulls are gathering strength.
Elon Musk lays out when Tesla will begin accepting Bitcoin payments
Musk responded to a Cointelegraph tweet about Sygnia CEO Magda Wierzycka calling for the SEC to investigate him over alleged Bitcoin price manipulation.
Canadian Bitcoin ETF adds to its holdings despite steep market correction
The Purpose Bitcoin exchange-traded fund has been reaccumulating BTC since mid-May, a sign that investors are keen to buy the dip.
Here’s how Bitcoin’s impending death cross could be a contrarian buy signal
Bitcoin traders are sitting on their hands after spotting a death cross on the daily chart but could this be a buy signal for contrarian investors?
Forecasting Bitcoin price using quantitative models, Part 4
An intellectual attempt to estimate Bitcoin’s price, corrected according to the hash rate metric.
JPMorgan points to weak Bitcoin futures as signal for bear market
Bitcoin futures curve was in backwardation for most of 2018, a year when BTC lost 74% of its value, JPMorgan noted.
Bullish reversal? Traders debate whether $37K BTC price is a trend reversal
A stream of bullish Bitcoin adoption news helped to push BTC price back above $37,000 but traders are unsure if the 20% move confirms a trend reversal.
Crypto market sinks by $300B while Bitcoin transactions near 3-year low
Bitcoin transactions are in rapid decline as the cryptocurrency market continues to shed value since its recent peak.
