Tag Archives: BTC

Is a Bear Market Imminent? How Low Could BTC Fall?

By David Wagner Investing.com — As a Bitcoin ETF in the United States will finally become a reality this week, some believe that Bitcoin will soon set new records, while others predict that investors will “sell the fact” after having “bought the rumor.” Indeed, it would not be the first time that Bitcoin has risen in anticipation of a major event, only to start falling as soon as that event becomes a reality. This was the case with the launch of CME Bitcoin futures in 2017, and more recently,… Source link

Read More »

Bitcoin (BTC) Defends Long-Term Support Level

Bitcoin (BTC) decreased slightly during the week of July 7-12, trading in a range between $35,293 and $32,077. It has broken out from a short-term descending parallel channel and is now trading inside an identical pattern in the medium-term. Bitcoin defends long-term support BTC decreased slightly during the week of July 7-12. It proceeded to reach a low of $32,077 before rebounding slightly and closing at $34,258. It has been trading above the $32,400 horizontal support area since May 19. While… Source link

Read More »

Addresses Holding Over 100K BTC Hits 27-Month High

Bitcoin addresses that hold over 100,000 BTC have hit a 27-month high Bitcoin whales appear to be accumulating the crypto at current prices. The total number of holders with over 100,000 BTC remains at a 27-month-high. The accumulation appears to be happening during bitcoin’s recent price correction from its all-time high of $64,000. On-chain analysis and market insights firm Santiment states that bitcoin addresses with over 100,000 BTC account for 3.64% of the supply. However, Santiment also… Source link

Read More »

Whales Cause Biggest Daily Accumulation Spike With 60K BTC Buys

Bitcoin breaks above $35,000 as whales cause the biggest daily accumulation spike of 2021 with 60,000 worth of BTC being purchased. For the first time in weeks, bitcoin managed to gain over the weekend. The crypto has climbed over 5% between Saturday and Sunday. One of the key reasons why bitcoin is up over the weekend could be credited to a surge in buying from whales. According to on-chain analysis company Santiment, whales have purchased 60,000 bitcoin in one day. In a recent tweet,… Source link

Read More »

Bitcoin (BTC) Fails to Sustain Upward Movement — What’s Next?

Bitcoin (BTC) moved incrementally last week, opening and closing near the same price of $35,700. Technical indicators and the price action are providing mixed signs. However, the wave count is leaning bearish. Bitcoin consolidates Bitcoin experienced some volatility last week, moving from a low of $34,153 to a high of $39,476. However, both the opening and close prices were near $35,700, creating a doji candle in the weekly time frame. Technical indicators in the weekly time frame are bearish…. Source link

Read More »

DeFi Tokens Aave and Uniswap Climb While ETH and BTC Dump

Bitcoin and ether seem to be more sensitive to a fickle global stock market. But that hasn’t affected aave and uniswap and other altcoins making huge upward swings, fueled by DeFi hype. Aave (AAVE) trading around $567 as of 21:00 UTC (4 p.m. ET). Gaining 27.7% over the previous 24 hours. Uniswap (UNI) trading around $40.69 as of 21:00 UTC (4 p.m. ET). Gaining 7.6% over the previous 24 hours. Ether (ETH) trading around $4,090 as of 21:00 UTC (4 p.m. ET). Gaining 0.33% over the previous 24… Source link

Read More »

Jan 19, 2021 – YorkBridge Wealth Partners, LLC Buys Amazon.com Inc, Apple Inc, BTC iShares S&P 500 Growth ETF, Sells Kinder Morgan Inc, Yandex NV, BTC iShares MSCI USA Min Vol Factor ETF

Investment company YorkBridge Wealth Partners, LLC (Current Portfolio) buys Amazon.com Inc, Apple Inc, BTC iShares S&P 500 Growth ETF, Cowen Inc, Illumina Inc, sells Kinder Morgan Inc, Yandex NV, BTC iShares MSCI USA Min Vol Factor ETF, Bank of New York Mellon Corp, Chubb during the 3-months ended 2020Q4, according to the most recent filings of the investment company, YorkBridge Wealth Partners, LLC. As of 2020Q4, YorkBridge Wealth Partners, LLC owns 214 stocks with a total value of $298… Source link

Read More »