The Bitcoin (BTC) price broke down from several ranges in August. The post These 4 Crypto Traders Were Profitable Trading Bitcoin in August appeared first on BeInCrypto.
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Since Aug 17, the crypto market cap (TOTALCAP) and Bitcoin (BTC) price have risen but haven't breached their respective resistance levels. Astar (ASTR) faces a potential breakdown from an ascending parallel channel. The post Why Is the Crypto Market Down Today? appeared first on BeInCrypto.
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Crypto analysts predict an extended Bitcoin accumulation period for the rest of the year, ahead of a potential rally in 2024. This follows a minor market boost after Grayscale's court victory against the SEC. The post Analysts Eye Bitcoin Accumulation Period Ahead of 2024 Rally appeared first on BeInCrypto.
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The Bitcoin cycles hypothesis is backed by various on-chain indicators, with halving, which occurs approximately every four years and halves the miner's BTC reward, being a key driver. The post Long-Term Bitcoin (BTC) Holder Patterns: Breaking Down Cost Basis & MVRV Cycles appeared first on BeInCrypto.
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Ark Invest and Glassnode have developed a new economic metric for Bitcoin, called Cointime Economics, which provides improved valuation and pricing models by measuring Bitcoin's supply and demand dynamics. The post Glassnode & Ark Unveil New Bitcoin ‘Cointime’ Network Economics Model appeared first on BeInCrypto.
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With the overall crypto market sentiment trending neutral, here’s how Bitcoin price could react as exchange supply drops by 480,000 BTC The post Bitcoin Exchange Supply Drops to 5-year Low – Here’s How BTC Price Could React appeared first on BeInCrypto.
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StormGain crypto expert Dmitry Noskov predicted that, in the face of current market conditions, Bitcoin may sustain gains above $30,000 by year-end. The post Crypto Expert Predicts When Bitcoin (BTC) Price Will Reach $30,000 appeared first on BeInCrypto.
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Three factors have been identified as the major catalysts behind the BTC price crash on Aug 17. Can US whales' demand trigger a mild-recovery? The post Here’s Why Bitcoin (BTC) Price Tumbled to $25,000 and What to Expect Next appeared first on BeInCrypto.
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As Wall street bigwigs take out short positions, on-chain analysis examines an unusual correlation between BTC prices and US stock markets. The post Famous Investor Bets $1.6B on Stock Market Crash – Here’s How Bitcoin (BTC) Price Could React appeared first on BeInCrypto.
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Blue "Buy" signal on Hash Ribbons flashed again in 2023; a repeat of January's pattern may push Bitcoin up 27% to $37,300. The post Hash Ribbons Flash Buy Signal Amid Low Bitcoin Volatility appeared first on BeInCrypto.