New BTC trading metrics from ColeGarnerXBT are already flashing some seriously bullish signals, he says.
) remains firmly “bullish” at $23,000, according to new on-chain metrics from one of the industry’s best-known names.on Jan. 28, market cyclist and on-chain analyst Cole Garner revealed what he said were “backtested and validated” Bitcoin trading tools.above $23,000, the debate rages as to whether a significant BTC price correction is due.
across exchanges. This has hit multi-year highs, a screenshot appears to show, beating its peaks from any event since early 2020. Traditionally, high stablecoin liquidity hints at bullish continuation, with funds “waiting in the wings” to enter Bitcoin or other crypto assets.Garner presented the ratio of on-chain volume traded in profit, hitting its highest levels in at least three-and-a-half years.
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 due for shake-up vs. gold, stocks as BTC price dips under $22.5KBitcoin is still in line for a breakout, analysis concludes, as short-term weakness sees BTC price fall below $22,500. Are you bullish on BTC?
Read more »
Bitcoin can still crack $50K if gold correlation continues — ChartCould gold send Bitcoin to $50,000? Analysis from TechDev_52 makes the case.
Read more »
Bitcoin (BTC) Price Analysis for January 27Can BTC get to $23,000 by the end of the week? NickSzabo4 alistairmilne Maybemore_DC WhalePanda maxkeiser Rager
Read more »
Bitcoin will hit $200K before $70K ‘bear market’ next cycle — ForecastBitcoin's next halving cycle could come with a $200,000 all-time high, says TATrader_Alan.
Read more »
Bitcoin (BTC) Now шn Bull Phase, Here's Why: CryptoQuant CEO$BTC is in early bullish phase if we take a look at underlying data and behavior of crypto whales
Read more »
Spot Bitcoin (BTC) ETF Application by Ark and 21 Shares Rejected by SECThe SEC has shot down a spot Bitcoin (ETF) exchange-traded fund application from Ark and 21Shares once again
Read more »