How ‘Liveliness’ Can Track Bitcoin Price Bull And Bear Cycles
The Liveliness on-chain metric tracks accumulation and distribution behavior of bitcoin holders, corresponding to price. The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets…
Read More »Bitcoin Loses $49,000 Support as Sellers Continue Bearish Run
Bitcoin (BTC) is in a downward correction. Today, sellers resumed selling pressure as it broke below $49,000 support.
Read More »Bitcoin Trades Marginally, Fluctuates Between $56,000 and $58,400
The price of Bitcoin (BTC) is falling again after meeting rejection at the high of $58,400. Buyers are desperately trying to end the current downward correction.
Read More »The Future is Near: The First-Ever Sports Team Starts Paying Salaries in Bitcoin
A professional baseball team from Australia, Perth Heat, announced on November 17 that they will remunerate their players and employees using bitcoin.
Read More »What SOPR Can Tell Us About Bitcoin Market Sentiment
A key indicator to track on-chain bitcoin spending behavior and current market sentiment is the Spent Output Profit Ratio (SOPR). The below is from a recent edition of the Deep…
Read More »Why Did The Bitcoin Price Dip From All-Time Highs?
Digging into leverage dynamics can explain why the bitcoin price dipped below $63,000. The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To…
Read More »Estimating This Cycle’s Bitcoin Price Top
As this bitcoin price bull cycle carries on, everyone wants predictions of when the price may top out. We will add one framework to the mix. The below is from…
Read More »Bitcoin Regains Bullish Momentum, Targets $40,000 Psychological Price Level
The Bitcoin (BTC) price has continued to advance after a sharp rise above the $29,400 support. Yesterday, July 26, the BTC price consolidated above the $34,000 support before finally breaking…
Read More »Bitcoin Is Stuck Below $33,100 as Bulls and Bears Continue Price Tussle
Bitcoin (BTC) price continues its upward movement but fails to jump above the $33,100 hurdle. This is the second time buyers have failed to keep the BTC price above $33,100.
Read More »Bitcoin Struggles to Break $34,400 High as Bears Threaten to Short
The bitcoin (BTC) price edged higher after surging to a high of $34,600 and then retreating. Buyers were unable to sustain the bullish run above the $34,400 high. Today, the…
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