Last week, Bitcoin's boring downtrend continued. On Week 13 BTC Bitcoin Analysis, the market is taking more risks due to the Federal Reserve's 0.25 increase. On the other hand, the market is avoiding risk because of fundamental problems like the FEC lawsuit against...
For new bitcoins to enter the market, they must first be mined. It is essential to developing and maintaining the blockchain ledger and how the network confirms recent transactions. A complex computational math problem is solved during "Bitcoin Mining" using...
According to the previous week's analysis, in Week 11 BTC Bitcoin Analysis Bitcoin has corrected to the $20,000 range. Although many experts attribute this correction to the events at SVB Bank and the consequent depegging of stablecoins, this correction was perfectly...
The prior week's analysis indicates that Bitcoin has begun its corrective trend. Moreover, the station lost $24,000. It is presently pulling back to the $24,000 region to maintain the downward trend. On the other hand, Week 9 BTC Bitcoin Analysis and Onchain data...
According to the previous analysis, Bitcoin corrected up to the $21,000 area before resuming its upward trend. Although this move was accompanied by divergence in the daily time frame, which may be seen as a fake brake for the $24,000 area. Because it didn't pass the...
The analysis from the last week indicated that Bitcoin's downward trend had begun. And it dropped to the $21,000 channel, as predicted by the analysis. For week 7 BTC Bitcoin analysis, although the price chart decline was technically anticipated, external factors such...
As of the Week 6 BTC Bitcoin Analysis, Bitcoin currently ranges about $23,000, and the daily time frame divergence is becoming more pronounced daily. The market is still taking risks despite Mr. Powell's tone at the conference being contractionary and hawkish, and the...
let's start week 5 BTC Bitcoin analysis. In terms of economic data, the coming week is one of the busiest. This week also includes the British interest rate meeting and Mr. Powell's conference, both of which potentially influence the direction of the crypto market....
The White House office's call for information is the latest installment in President Biden's huge study agenda on digital asset creation. The government of US President Joe Biden is still developing the National Digital Assets Research and Development Agenda. The...
Bitcoin's recent rise and breaking of the $21,000 barrier level shocked everyone. However, in BTC Bitcoin analysis, when we look at the chart and Onchain data, we can see that the divergence in the price chart and the RSI indicator is clearly visible in the time...
As more individuals are interested in learning more about bitcoin, films on it are growing in popularity. But it might be challenging to decide which documentaries are worth viewing because so many kinds are accessible. We've put up a selection of the best Bitcoin...
Week 3 (2023) BTC Bitcoin Analysis: Bitcoin began the year on a strong note, liquidating many bearish traders as it rose toward $21,000. We mentioned this movement up to the $18,000 area in the previous analysis, and we also indicated the likelihood of divergence in...
In addition, the "Digital Asset Issuance" Act would establish a regulatory agency and a legal framework for all digital assets. El Salvador has enacted unprecedented legislation creating the legal foundation for a Bitcoin-backed bond — the "Volcano Bond" — that would...
The bitcoin analysis from last week indicated that Bitcoin increased. Bitcoin is approaching the $17,400 barrier level, and large sell orders have been placed there. As a result, a pullback in Bitcoin is anticipated from this region. (The first goal in the last...
BTC ended the yearly candle over $16,400, finishing 2022, which was a difficult year for cryptocurrency investors. A year in which all financial markets were under selling pressure as a result of the Federal Reserve's most severe contractionary measures, and Bitcoin...
MicroStrategy's Lightning Network products include Satoshi-powered marketing incentives and website security. Michael Saylor, executive chairman of MicroStrategy, has revealed his company's ambitions to deploy Bitcoin Lightning Network-powered software and solutions...
Bitcoin's (BTC-USD) economic ramifications are many. According to Michael Saylor, Bitcoin is an elemental invention like fire or electricity. Bitcoin, like previous discoveries, offers a novel and easy way to store and move energy over space and time. Bitcoin theory...
Publicly traded Bitcoin miners sold virtually everything they mined in 2022, but appear to have resumed reserves accumulation. Throughout 2022, publicly traded Bitcoin miners sold virtually all of the Bitcoin they mined, sparking a discussion over whether the sales...
Last week, significant economic and price events happened. On the one hand, Mr. Pavel's remarks verified and emphasized this problem when the Federal Reserve's Dot plot, which demonstrated the persistence of the contractionary policy process, was released. On the...
Last week, Bitcoin had a dull range trend for traders, but candles were more negative. According to the important FOMC meeting in which the interest rate will be announced and estimates made in this regard that most analysts predict an increase of 0.5 units for the...
Last week, Bitcoin rose in an upward channel, but Onchain data did not reveal enough purchasing to initiate a bullish surge. Furthermore, market trust has yet to recover following the FTX incident. From another perspective, Bitcoin is still trading in the...
In response to the topic, "Who has/had the oldest mined Bitcoin?" An anonymous individual supplied a signature from January 2009, barely a week after Bitcoin was created. Online forums are important to the Bitcoin creation narrative, as Satoshi Nakamoto and early...
The market and traders have yet to rebuild their confidence following the FTX exchange event and the resulting selling pressure. Furthermore, many traders anticipate BTC prices of 13-14 thousand dollars, so they avoid large purchases in these zones. BTC / Tether...
Following the FTX event and Bitcoin's drop to $16,000 last week, Bitcoin repeatedly attacked the $17,000 range but was unable to stabilize above this range. Bitcoin is currently trading in the $16,500 - $16,700 range. The price is highly compressed, and any escape...
Bitcoin has dropped dramatically in the last week as a result of the technical situation and the events of the FTX exchange. And exited the $19,000 zone into the $16,000 channel The price was rejected from the $15,000 band due to the presence of strong support. Last...
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