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Tag: BTC analysis

Bitcoin miners’ revenue rebounds to $60M per day — Is the bull run about to resume?

May 5, 2021 wp-bot Cointelegraph

Miners are returning to Bitcoin as difficulty drops and revenues reach all-time highs.

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Bitcoin bulls respond with a $150M short squeeze above $53K — Can BTC go higher?

April 26, 2021 wp-bot Cointelegraph

Bitcoin saw $150 million worth of short contracts obliterated within hours.

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Bitcoin whale watching: This metric that called the 2017 top is now flashing red

April 22, 2021 wp-bot Cointelegraph

While demand for Bitcoin remains high, current profit-taking behavior suggests that the market may be on the verge of turning bearish.

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Investors’ on-chain activity hints at Bitcoin price cycle top above $166,000

April 17, 2021 wp-bot Cointelegraph

The Bitcoin cycle top would likely come in at price levels above $166,000 per coin if history repeats.

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Bitcoin on-chain data suggests no bull market top at $60K, selling activity declining

April 11, 2021 wp-bot Cointelegraph

Bitcoin on-chain data reveals that speculators and long-term holders have become increasingly confident of higher prices as their selling activity has slowed down significantly.

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