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The price of Bitcoin has experienced numerous ups and downs over the years, with bull and bear cycles shaping its trajectory. Market analysts often study the historical performance of the cryptocurrency to gain insights into its future movements. PlanB, a prominent crypto analyst, recently shared a bullish perspective on Bitcoin’s price based on previous cycle
Technical analyst Willy Woo recently shared insights on the state of Bitcoin inventory on exchanges. He highlighted that the market had been bearish due to significant BTC influx from the German and US governments, as well as Mt. Gox distributions. This influx resulted in an increase in paper Bitcoin, referring to derivatives like futures and
Ronaldo, an experienced crypto enthusiast, has dedicated over five years to researching and understanding the world of cryptocurrencies. His journey began with a spark of curiosity that evolved into a deep passion for exploring the intricacies of this groundbreaking technology. Ronaldo’s expertise lies in technical analysis, where he believes that studying charts and deciphering price
The recent choppy consolidation in bitcoin’s price has left many market players feeling uncertain. However, a particular group of bitcoin holders, known as whales, seem to be taking advantage of the situation. Data from Santiment shows that whales holding between 100 and 1,000 BTC have increased their holdings by 94.7K BTC over the past six
In a bold move amidst the current market lull, Tokyo’s Metaplanet investment firm has acquired an additional 57.273 BTC, valued at approximately 500 million yen or $3.4 million. This purchase is part of a larger strategy announced on August 8, following the firm’s acquisition of a 1 billion yen loan, worth around $6.8 million, intended
In a market that is recovering, Cardano stands out with a resurgence of bullish sentiments despite its underperformance compared to other major cryptocurrencies. Bitcoin has reclaimed the $61,000 price mark, boosting optimism across the market. Cardano’s weighted sentiment score is currently at an impressive 1.69, surpassing other assets like Bitcoin and Ethereum. This represents the
Delving into the world of cryptocurrency can be a daunting task for many, but for Opeyemi, it has become a daily routine filled with passion and excitement. His journey into the digital asset industry was not something he initially planned for, but once he took the plunge, there was no turning back. Over the past
Opeyemi is a skilled writer and enthusiast in the exciting and unique realm of cryptocurrencies. Despite not initially choosing the digital assets industry, he has remained absolutely fascinated since delving into the space over two years ago. Now, Opeyemi takes pride in creating unique pieces that unravel the complexities of blockchain technology and shares information
Cryptocurrency journalism has become a vital part of the rapidly evolving digital asset space. As technology continues to shape the financial landscape, individuals like Semilore Faleti have emerged as significant voices in the industry. With a unique perspective and a dedication to demystifying digital assets, Semilore’s work exemplifies the convergence of expertise, passion, and advocacy