Will BTC Lose $21,000 Despite Miner Capitulation? 5 Things You Need to Know About Bitcoin This Week
This week, ahead of the Federal Reserve's Jackson Hole meeting, miners are a ray of hope in bitcoin's dour outlook.
CointelegraphThis week, ahead of the Federal Reserve's Jackson Hole meeting, miners are a ray of hope in bitcoin's dour outlook.
CointelegraphIt may be as soon as August that miners start returning, and difficulty is already planning an uptick.
CointelegraphMultiple indicators and on-chain metrics reflect confluence pointing to an improving market, but technical analysis still raises the possibility of Bitcoin dropping to new yearly lows.
CointelegraphARK argues that bearish continuation has limited room left to run, as on-chain indicators bottom out.
CointelegraphBitcoin bottom. Are we there yet? Several higher time frame indicators point to an actual bottom for BTC around $10,000.
CointelegraphBitcoin. The bottom. Are we there yet? Several higher timeframe metrics suggest BTC’s real bottom will be somewhere around $10,000.
CointelegraphInvestigative work argues that on-chain metrics are proving miners have capitulated, while whales appear to be lone Bitcoin dip-buyers.
CointelegraphSmaller bitcoin whales are still resisting the urge to sell amid bitcoin “whale” sell-offs, data shows.
CointelegraphAmid distribution by the "giant" whales of Bitcoin, data shows that smaller ones are still resisting the urge to sell.
CointelegraphExpectations remain that Bitcoin will head lower in the short term as price compression becomes the main chart feature of the Easter weekend so far.
Cointelegraph