by Koinat | Aug 21, 2023 | Market News
In the midst of an unsettling calm in the Bitcoin market, some seasoned observers are predicting a return to the cryptocurrency’s previous all-time high of $20,000 or potentially even worse scenarios. As Bitcoin’s price hovered above $26,000 by the end of...
by Koinat | Aug 17, 2023 | Market News
Short-term holder supply has declined to just 2.56 million BTC, but the current Bitcoin market may be “top heavy,” warns Glassnode. Bitcoin speculators are leading a period of “exhaustion and apathy” across the market, new research says. In the latest edition of its...
by Koinat | Aug 16, 2023 | Market News
Bitcoin’s price remains stagnant, yet a narrowing Bollinger Bands indicator suggests that a significant price move could be on the horizon. Bitcoin has been trading within a tight range for weeks, and this trend continues on August 15th. The price of BTC saw a...
by Koinat | Aug 16, 2023 | Market News
Bitcoin’s current state of record-low volatility and a decline in short-term holders has prompted speculation about its potential implications for the market. While many traders view Bitcoin’s low volatility as a bull market signal, there are...
by Koinat | Aug 15, 2023 | Market News
Bitcoin’s price trajectory is marked by a potential 15% dip by October, with a possibility of falling below $25,000, according to market analysis by Timothy Peterson, the founder and investment manager at Cane Island Alternative Advisors. Peterson suggests that...