Tags : higher

Bitcoin

3 Charts Show Why Bitcoin Price is Poised to Explode

Bitcoin looks poised to reach fresh price highs according to a flurry of crucial on-chain indicators. Analyst Willy Woo listed signals that showed an uptick in bitcoin trading activities across the US cryptocurrency exchanges. For instance, a metric that measures the total available BTC balance on trading platforms alerted an ongoing decline in reserves. It […]Read More

Market

It’s ‘Dorsey’s Node’ as Bitcoin Marches Higher, DOGE Chokes

Bitcoin drifts higher, DeFi tokens moon, dogecoin pants Bitcoin was higher early Friday, pushing toward $38,000, around the highest levels in about three weeks.  The news overnight was mixed, with an Australian central bank official telling lawmakers in the country that bitcoin is “not a payment instrument and it’s not even really money,” while Twitter […]Read More

Bitcoin

TD 9 Sell Triggers As Bulls Push Bitcoin Higher

Bitcoin price action has now spent a total of nine days in a short-term uptrend, capping off a bounce back to 2021 highs. The sequence of mostly green candles has now triggered and perfected a TD 9 sell setup on daily timeframes. However, the signal has repeatedly failed to yield results since the more dominant […]Read More

Bitcoin

Altcoins Blast Higher as Bitcoin Stagnates Near Local Price Top

A growing short-term bias conflict in the Bitcoin market led traders seeking opportunities in rivaling crypto assets. The Bitcoin Dominance Index, which pits the flagship cryptocurrency’s market capitalization against the rest of the crypto market, fell to its two-month low on Friday. The index’s move downside appeared as traders pumped the altcoin market by up […]Read More

Market

Fed Chair Powell: ‘We’d Welcome Higher Inflation’

U.S. Federal Reserve officials voted Wednesday to keep monetary conditions at historically loose levels while waiting for the economy to heal. Chairman Jerome Powell said he doesn’t want to put a timeline on tapering the U.S. central bank’s $120 billion-a-month in asset purchases. “In terms of tapering it’s just premature,” Powell said. “We said we’d […]Read More

Cryptocurrency

Curve (CRV) erupts 50% higher in a day amid renewed

The majority of decentralized finance (DeFi) coins have seen extremely strong rallies since the start of 2021. Analysis by crypto-asset analyst Ceteris Paribus found that since the start of the year, like literally two weeks ago, the average DeFi large-cap has seen 75 percent gains. This includes coins such as Aave (AAVE), Compound (COMP), SushiSwap […]Read More

Cryptocurrency

Analysts explain why Bitcoin is primed for a rally back

The price of Bitcoin is hovering under $37,000 after the correction from $40,000 in the past 72 hours. Trader Peter Brandt believes BTC would either face a “complicated” correction or see a broader rally. Brandt, a long-time trader, pinpointed the daily price chart of Bitcoin to explain that the range is tightening. When the range […]Read More