Hjem
Notifikation
Profil
Populære artikler
Nyheder
Bogmærke og Synes godt om
Center for skabere
Indstillinger
LIVE
Bilal Ashraf
--
Følg
Let's go..😂😅😂😅
Giv drikkepenge
0 personer gav drikkepenge til skaberen.
Ansvarsfraskrivelse: Indeholder holdninger fra tredjepart. Ikke økonomisk rådgivning. Kan indeholde sponsoreret indhold.
Se vilkår og betingelser.
35
0
Svar
0
Explore the latest crypto news
⚡️ Vær en del af de seneste debatter inden for krypto
💬 Interager med dine yndlingsskabere
👍 Nyd indhold, der interesserer dig
E-mail/telefonnummer
Tilmeld dig
Log på
Relevant skaber
LIVE
Bilal Ashraf
@bilalashraf
Følg
Udforsk mere fra skaberen
Bitcoin Warning Issued by Crypto Analyst Amid BTC Price Surge to $58,000 Bitcoin (BTC), the largest cryptocurrency by market capitalization, rose to highs of $58,487 in the early Thursday trading session. However, amid this price rise, a prominent crypto analyst has issued a warning, urging caution as the market heats up. According to Julio Moreno, Head of Research at CryptoQuant, valuation metrics indicate that the price of Bitcoin remains bearish. Moreno stated that Bitcoin is still in a bear phase and has decoupled from gold as investors switch to risk-off mode. Bitcoin remains in a bear phase and it has decoupled from Gold as investors switch to risk-off mode. In its recent analysis, CryptoQuant highlighted that the Bull-Bear Market Cycle Indicator has been in a bear phase since Aug. 27, when the price of Bitcoin was $62,000. A significant rally is unlikely to occur as long as the indicator stays in the bear phase. Similarly, the MVRV ratio has fallen below its 365-day moving average since Aug. 26. A cross below the 365-day moving average indicates the possibility of a further price correction. This situation was also present in May 2021, when Bitcoin fell 36% over two months, and in November 2021, when the last bear market began. Bearish signs are also evident in Bitcoin long-term holders (LTH) spending at lower profit margins. The LTH SOPR ribbons have been drifting lower since late July. The fact that LTHs are spending at lower profit margins demonstrates a lack of new demand for Bitcoin. Bitcoin briefly hits $58,000 Bitcoin (BTC) surpassed $58,000 in early Thursday trade, driven by a surge in U.S. equities and gains in the Asian share market. U.S. inflation data for August bolstered bets on a Federal Reserve rate drop in the coming weeks, with core inflation rising faster than expected to more than 0.3%. At the time of writing, BTC was up 2.18% in the last 24 hours to $58,025. However, spot bitcoin exchange-traded funds (ETFs) in the United States returned to outflows on Wednesday, following a two-day inflow streak, losing $43 million.
--
“Pretty soon, $44 billion won’t be worth that much anyway.” - Elon Musk on fiat money
--
Who needs banks when you can self-custody your assets
--
HamsterKombat Listing On #Binance ✅✅ $95,000 $USDT Airdrop to celebrate #HamsterKombat #Binance Listing from @HamsterAlerts 🎉🎉
--
Introducing, @hamster_kombat $HMSTR on #Binance Launchpool and Super Earn.
--
Seneste nyheder
Eve Frontier: New Blockchain-Integrated MMO Survival Game Announced
--
Kalshi Launches US Election Prediction Markets Amid Legal Battle
--
El Salvador's Bitcoin Adoption Seen As PR Move
--
Circle Integrates Arbitrum Into Web3 Platform To Boost USDC Adoption
--
OpenAI Launches Advanced AI Model O1 With Enhanced Reasoning Capabilities
--
Vis mere
Sitemap
Cookie Preferences
Vilkår og betingelser for platform
