Here’s When Bitcoin Could End Its Consolidation Period and Kick Off New Leg Up: Jason Pizzino dailyhodl.com 11 September 2024 20:30, UTC A closely followed crypto analyst says that Bitcoin (BTC) could break out of the current consolidation phase within weeks. In a new video update, crypto strategist Jason Pizzino tells his 333,000 YouTube…
Top Analyst Downplays Panic Over Bitcoin ETF Underperformance u.today 11 September 2024 20:32, UTC ETF expert Eric Balchunas has downplayed the recent drama surrounding the alleged failure of Bitcoin ETFs. Balchunas has pointed to the fact that these products recently returned to inflows. This flies in the faces of the skeptics who were ready…
Bitcoin’s Sell-Side Risk Ratio Plummets Amid ‘Profit-Taking Exhaustion’ cryptoglobe.com 12 September 2024 03:19, UTC The cryptocurrency market continues to exhibit signs of turbulence as Bitcoin’s sell-side risk ratio, which measures the ratio of realized profit and loss relative to market size and indicates potential for heightened volatility, has experienced a sharp decline in recent…
Election Volatility? Bitcoin Doesn’t Care, Says Analyst thecoinrepublic.com 11 September 2024 22:22, UTC As America prepares for yet another presidential election, market participants are preparing for a period of volatility that is typical during the election cycle. Although the election could have implications for different investment portfolios. However, Bitcoin, the leading digital currency, is…
Bitcoin Exchange Reserves Decline Signals Potential Price Surge cryptonewsland.com 11 September 2024 22:57, UTC Bitcoin exchange reserves drop as stablecoin balances rise, signaling potential buying power buildup for a bullish market move. 30-day data shows Bitcoin withdrawals exceeding deposits, hinting at reduced selling pressure and possible price surge. Growing institutional interest and stablecoin liquidity…
Bitcoin’s Supply On Exchange Tightens: Could a New Bull Run Be Just Weeks Away? newsbtc.com 12 September 2024 01:58, UTC According to market signals that have historically preceded major price rallies, Bitcoin is gearing up for its next potential bull run. A CryptoQuant analyst named ‘Tarek’ has recently highlighted key indicators in a post…
U.S. Inflation Declines for 5th Month, Boosting Bitcoin Price Outlook blockchainreporter.net 12 September 2024 01:17, UTC The exclusive data shows a drop in the Consumer Price Index in the US for August. As per the on-chain analytics firm Lookonchain, the decreased CPI has displayed a year-on-year jump of up to 2.5%, marking the 5th…
