Bitcoin corrected lower and tested the $29,000 support against the US Dollar. BTC must settle above the $30,500 resistance to start a decent increase.
Bitcoin...
Bitcoin extended losses and even spiked below $30,000 against the US Dollar. BTC is now consolidating and might correct higher towards the $32,000 resistance.
Bitcoin...
According to on-chain data, current Bitcoin SOPR trend suggests the market may be nowhere near the price bottom.
Bitcoin SOPR Still Some Distance Above The...
Data shows the number of active Bitcoin entities has been steadily going up, but the growth pattern still remains in the bear market channel.
Number...
On-chain data shows the Bitcoin monthly outflows have recently reached values only seen a few times before in the crypto’s entire history.
Bitcoin Exchange Outflows...
Glassnode data shows the RHODL Ratio’s current trend suggests that the Bitcoin market could be near capitulation.
Data Shows Bitcoin RHODL Ratio Has Observed Decline...
