Can Bitcoin pull off another bull run based on two long-term trendlines?
Now back overhead and unchallenged by rebounds this week, the 200-week MA offers a verdict on the current lack of strength in Bitcoin.
In his Twitter thread, Dave the wave showed that the former is about to cross over the latter — and in the past, this has been followed by sustained price growth.
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.
Bitcoin mining to cost less than 0.5% of global energy if BTC hits $2M: ArcaneBitcoin energy consumption share would rise to 0.36% only if its price surges to $2 million by 2040, according to new estimates by Arcane Research.
Read more »
Bitcoin addresses in loss hit 1-month high as BTC price retests $21KBTC price performance has taken its toll on recent buyers, data suggests, with over 1.5 million more Bitcoin wallets falling into the red.
Read more »
BTC/USD Forex Signal: Bitcoin About to Drop Below 20,000The BTC/USD price declined sharply as concerns about the global economy continued.
Read more »
Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher Following Monday’s Declines – Market Updates Bitcoin NewsCrypto markets were back in the green on Tuesday, as bearish pressure marginally eased during today’s session.
Read more »
This Bitcoin Indicator Flashes Once Again; Will BTC Price Weakness Continue?This Bitcoin indicator flashes once more; will BTC price decline last? Crypto Cryptocurrencies MACD
Read more »
BTC to lose $21K despite miners’ capitulation exit? 5 things to know in Bitcoin this weekWill it be a week to forget for Bitcoin? While things aren’t looking great, there are some signs of hope. (Reporting via WilliamSuberg)
Read more »