📊 Here is a comparison of the 2015 and 2022 bear cycles. If only BTC doesn't rise above the realized price ($22,000) in the next 3 months, this bear cycle will be the longest in history.
Bitcoin is going sideways and we may see an upward breakout. Global markets also showing some positive movement. DXY (Dollar Index) is also looking bearish.
🟢 The BTC.D strongly bounced at the 39.80% key level and it looks like it’s ready to reverse. 🟢 The next target is at 40.91%. If the BTC continues to drop and BTC dominance pumps harder, Altcoins will become bloody. 🟢 Keep your eyes on this scenario👀
#BTC Hashrate Drops! 🟢 For the first time in months, #BTC hashrate is dropping hard!🟢 This indicates that miners have begun to capitulate, which is one of the signs of a nearby bottom!
BTC.D is ranging between its resistance and support trendline. A head and shoulder pattern is forming on the chart which gives us a confluence for a bearish move.⬇️
🕓According to fib levels, BTC.D need to fill reversal zones in order to move upwards or ha
Seven-year-old Bitcoin has been reawakened as a crypto wallet linked to the infamous Mt. Gox hack started moving currency. Around 10,000 BTC, worth an estimated $167 million, was moved to two unidentified recipients.
🔸 Ethereum's active shark & whale addresses continue accumulating with prices less than a quarter of their All Time High levels a year ago. 🔸 In Oct/Nov 2020, these 100 to 100k $ETH addresses assisted in pushing $ETH to a +50% price rise over
The cumulative crypto market cap regained the crucial $800 billion level. It now stands at $820 billion. The 24 hour trading volume is up by around 2% to stand at $64 billion.
Short investment product inflows represented 75% of the total inflows suggesting on aggregate sentiment was deeply negative for the asset class, while total AuM is now at the lowest point in 2 years at $22bn.
It's a Bitcoin miner bloodbath. Most aggressive miner selling in almost 7 years now. Up 400% in just 3 weeks! If price doesn't go up soon, we are going to see a lot of Bitcoin miners out of business.✅ #BTC