![Another blank for Bitcoin [BTC] this week means this may be next](https://i.headtopics.com/images/2022/8/28/cryptoamb/another-blank-for-bitcoin-btc-this-week-means-this-may-be-next-1563942738978115586.webp)
With Bitcoin losing its $20k support level on the charts, eyebrows are finally starting to be raised. The market upturn that we saw in July has been diminished to downtrends in the Bitcoin community. The same can also be seen when looking at Bitcoin’s long-standing correlation with the equities market. Ergo, the question – What […]
losing its $20k support level on the charts, eyebrows are finally starting to be raised. The market upturn that we saw in July has been diminished to downtrends in the Bitcoin community. The same can also be seen when looking at Bitcoin’s long-standing correlation with the equities market.The holders hold on!
The indicator below highlights Bitcoin, Nasdaq 100, Gold and Silver’s price performance throughout the last month. The Nasdaq 100 has dropped 6% from its previous month’s high, maintaining returns of 5% throughout the last month. On the contrary, Bitcoin fell by around 14% from its own high last month.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why Bitcoin’s HODL theory may be long-gone; BTC investors should watch out for…Bitcoin [BTC]’s HODL narrative has been losing steam in the last few months. The market has shifted in favor of short-term profits and this has had a toll on Bitcoin’s performance. Especially its ability to reach medium to long-term targets. Bitcoin’s price action failed to hit its mid-term targets and has been relegated to the […]
Read more »
![Bitcoin [BTC] hashrate, block difficulty, hit landmarks but what do miners get?](https://i.headtopics.com/images/2022/8/27/cryptoamb/bitcoin-btc-hashrate-block-difficulty-hit-landmarks-but-what-do-miners-get-1563610550205984768.webp?w=640)
Bitcoin [BTC] hashrate, block difficulty, hit landmarks but what do miners get?Bitcoin [BTC] hashrate reached a new milestone — a point it has found difficult to attain since 8 June. According to CoinWarz, the BTC hashrate hit new highs in over two months. The hashrate, which provides details of the computational power used to effect BTC transactions, was 248.61 exahash per second (EH/s) as of 26 […]
Read more »
Weekend Outlook: Enjoy the heat while you canShowers and storms are possible early next week and will trigger the transition to cooler temperatures
Read more »
Bitcoin: Should investors dance to the “load your bags” rhythmBitcoin [BTC] has returned to its undervalued region. That was the position made by CryptoQuant, the on-chain data platform. But how exactly is BTC in an underappreciated zone when its price has remained above $20,000? Although the overall weekly performance has not been impressive, BTC has held to its consolidation between $20,900 and $21,800. These […]
Read more »