Bitcoin price analysis

Bitcoin price analysis by examining the status of the network; Has the power of bears decreased?

As signs of the Bitcoin market rise, data from intra-chain indicators suggest that current massive sales are coming to an end; Reducing sales pressure in the market usually means reducing the power of sellers. According to the cointelegraph, bitcoin has entered a stabilization phase after falling from $ 42,600 to...


money laundering

Bitcoin transaction secret services are revealed one after another

A Swedish-Russian citizen has been accused of running a multimillion-dollar bitcoin laundering service over the years after tracking his transactions since 2011.According to the Cointelegraph, after analyzing blockchain data over a 10-year period, US authorities have arrested the mastermind of the service known as Bitcoin Fog, for allegedly hiding...


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Bitcoin dominance in the market below 50%; What does this mean for the market?

The price of bitcoin has been fluctuating in a constant range for a short time at shorter frames. At the same time, the dominance of this cryptocurrency in the market has reached about 48%. Some analysts predict that this may lead to a repeat of the 2017 cycle and...


Bitcoin

The Bitcoin Fear and Greed Index reached panic levels in early 2020

The cryptocurrencies' fear and greed index, which monitors market sentiment sentiment, has entered the "fear" range from "extreme greed" in a week. This is the first time since March last year that this index has entered this region. According to cryptoslate, the fear and greed index measures many factors such...


Bitcoin

Plan B: Bitcoin’s uptrend in 2021 is not over

PlanB, the well-known analyst and creator of the S2F model, believes that despite the 25% drop in the price of Bitcoin, the cryptocurrency market will continue to rise in 2021. According to Cryptopotito, PlanB believes that the recent drop in the price of bitcoin does not mean the end of...


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Biden tax policies, the main cause of market collapse from the perspective of analysts

The market plummeted on Friday as concerns over Joe Biden's new plan to raise more taxes on capital gains were raised. Analysts believe that this plan was the main cause of the market collapse. According to Reuters, Biden's cabinet intends to change the US tax laws by presenting a plan....


Scott Minerd, Chief Information Officer of Guggenheim Partners

Scott Minerd: Bitcoin price may fall to $ 20,000 before reaching $ 600,000

Scott Minerd, CEO of Guggenheim, says the price of bitcoin could go up to $ 600,000; But before that it could fall to $ 20,000. According to CryptoPotato, Scott Minerd, chief information officer of Guggenheim Partners, believes that the price of bitcoin will rise in the long run; But before...


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Bitcoin fell below $ 50,000

The price of bitcoin has crossed the $ 50,000 mark, hitting its lowest level in 48 days. According to Quinn Desk, the price of 2 bitcoins fell from $ 54,900 to $ 51,500 last night at around 8 am Tehran time. After this price reduction, we saw another increase in...


Bitcoin

64% of American adults are interested in cryptocurrencies

American adults are interested in cryptocurrencies ; A recent Gemini exchange survey predicts that the number of American investors in the cryptocurrency market will almost double by 2021. The survey also shows that 64% of American adults are "curious" about cryptocurrencies. About two-thirds of adults in the United States are...