Bitcoin Price Action “Boring” Despite Rapid Accumulation: Is Something Big Cooking?

Bitcoin netflow points to

Although consumers stand an opportunity, Bitcoin is regular when writing, teetering on the $60,000 degree. After rejecting August lows, the bounce above the spherical quantity at $60,000 to as excessive as $63,000 by the tip of final week was spectacular. Nonetheless, from the day by day chart, costs are transferring sideways in a potential accumulation, … Read more

Why Is This BTC Chart Super Bullish?

Bitcoin overvalued | Source: @Giovann35084111 via X

Bitcoin is trending increased at spot charges, breaching $63,000 on June 30 earlier than recoiling. Regardless that momentum is constructing, the motion of the coin’s value is a supply of debate. Nonetheless, some are uncertain, pondering there may be cause for a attainable overvaluation. Analyst: Bitcoin Is Overvalued, Right here’s Why In a submit on … Read more