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...


Bitcoin price analysis

Bitcoin price analysis; What moves are we waiting for?

Bitcoin price analysis : The price of Bitcoin fell 5% yesterday after breaking the uptrend pattern and reaching below it. Prior to the crash, Bitcoin had managed to rise to the top of the $ 59,600 level. According to Cryptopotito, the price of Bitcoin has been fluctuating within the uptrend...


Bitcoin

Market situation analysis; Bitcoin is left!

Market data show that professional traders are accumulating bitcoins at a very low price. Meanwhile, small traders are looking for Altcoins. According to the Coin Telegraph, the price of Bitcoin is something around 16 days that tries to maintain its support of $ 55,000. To be more precise, at the...


Bank of England

The Bank of England has started hiring specialists to develop the national cryptocurrency

The Bank of England has announced that it will hire experts in seven Cryptocurrency jobs. These include senior executives and Blockchain engineers. According to the Coin Telegraph, the Bank of England, although still unsure about the progress of its plans for the national cryptocurrency, is looking to hire at least...


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...


Weekly technical analysis of cryptocurrencies

Weekly technical analysis of cryptocurrencies April 27

Digital Currency Group and Coinbase were named in Time Magazine's 100 Most Influential Companies in 2021. According to Cointelegraph, Time magazine continues to heat up the cryptocurrency market by naming Digital Currency Group and Coinbase in the list of 100 most influential companies in 2021. The list of the top 100...


Bitcoin-BTC-BTCUSD

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...