Bitcoin fudged the breakout to $93,000 as global TradFi markets stumbled and BTC spot investors failed to provide the necessary volume.
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Bitcoin Charts Bullish Path Toward ATH, But Needs To Clear This Major Supply Cluster
The crypto market was left in awe as the price of Bitcoin experienced a sudden surge, bringing the flagship asset dangerously close to the $100,000 mark. With the recent bounce, hopes for a retest of the current all-time high and beyond have reemerged. However, a crucial supply cluster continues to stand in the way. A […]
ETH/BTC Ratio Nears 0.03 as Ethereum Gains on Bitcoin
One ether bought about 2.3% more bitcoin on November 3 than it did on October 29. That put the ETH/BTC ratio near 0.02954, its highest reading in CoinGecko’s seven-day snapshot. From there, ether needed roughly another 1.6% gain against bitcoin to reach 0.03 BTC. The interesting part is how ether got there. On Monday, ETH […]
Bitcoin Is Only One Leg From Hitting A Bottom, But How Low Can It Go?
Crypto analyst Bee has forecasted a major price bottom for Bitcoin (BTC), the world’s largest digital currency. Despite its recent rally above $80,000, the expert still believes that BTC remains in a broader bearish market, likely viewing the latest price gains as a temporary bounce. While some analysts think that Bitcoin’s downtrend is over and […]