Bitcoin analyst ‘optimistic’ of buying BTC lower as 3 trendlines fail
BTC’s price heading under $66,000 costs Bitcoin bulls several daily moving averages — and few see a snap recovery coming next.
BTC’s price heading under $66,000 costs Bitcoin bulls several daily moving averages — and few see a snap recovery coming next.
Original source
Read on CointelegraphRelated market context
Bitcoin Mining Cost Model Points To $47,000 Floor, But Analysts Urge Caution
TL;DR Crypto Rover says Bitcoin has never bottomed below electrical production cost, currently estimated at $47,000. Mining-cost m...
Japan's Lower House Passes Bill Moving Crypto Under Securities Law, Opening Path to ETFs and 20% Tax Rate
Japan's lower house passed a bill on Thursday that reclassifies cryptocurrencies as financial instruments under the country's secu...
Bitcoin faces one of its biggest mining difficulty drops as miner margins collapse
The Bitcoin network is poised to execute one of the largest downward adjustments to its mining difficulty in its 17-year history t...
Bitcoin price faces new risk as big buyers lose conviction
Bitcoin’s largest buyers are no longer behaving like a reliable backstop for the largest cryptocurrency. The exchange-traded funds...
Japan’s Lower House Passes Sweeping Bill to Regulate Crypto Like Stocks, Opening a Path to Lower Taxes and ETFs
Japan’s lower house passed a sweeping bill on Thursday to regulate cryptocurrencies like stocks, a structural shift for one of the...
Elon Musk’s SpaceX IPO fever sparks $1 billion crypto bet before Nasdaq debut
Crypto traders have turned Elon Musk’s expected SpaceX listing into a round-the-clock proxy market, pushing more than $1 billion t...