Tag: Trend

Bitcoin Cycle Shows A Never-Before-Seen Trend, Here’s What

Bitcoin Cycle Shows A Never-Before-Seen Trend, Here’s What

The on-chain data shows a trend in the current Bitcoin cycle that differs from the pattern followed in previous epochs. More Bitcoin has left exchanges during the current cycle so far According to data from on-chain analytics firm glassnode, previous cycles saw the balance on Read More

Bitcoin’s Horizontal Levels Show Potential For Bullish Trend

Bitcoin’s Horizontal Levels Show Potential For Bullish Trend

After regaining its bullish momentum, the market’s biggest cryptocurrency Bitcoin (BTC) briefly broke above its key resistance level of $28,700. However, the cryptocurrency pulled back and traded back within its range formed last week between $27,600 and $28,500. Despite this choppy price action, a recent Read More