The Bitcoin market in 2023 displays an interesting revelation: a marked escalation in seller exhaustion. To put it in perspective, this rare occurrence has only occurred roughly 15 times in Bitcoin’s history,…
Category: Bitcoin
Bitcoin’s retail investors aren’t as speculative as you’d think
In light of the short-term memory span of most people in the cryptocurrency space, it’s easy to forget just how bullish Bitcoin has been, despite its drop from $12,000. For over a…
Bitcoin: how to play the long game?
Back in May 2019, Bitcoin started at $4000 and came close to $14000 however the momentum could not be sustained and there was a subsequent fall in the price. There were signs…
Bitcoin accumulation alert, here’s what to expect
The Chicago Mercantile Exchange (CME) has climbed up the listings to rank in the top 10 derivatives exchanges. The volume and open interest from institutional heavyweights on exchanges like CME solidify Bitcoin’s…
4 reasons why we are in the early bull-run stage
How do we know we are in a bull run? Early 2017 did not show signs of what could occur by the end of 2017. However, bitcoin and the crypto ecosystem seems…
Bitcoin’s price surge has depleted long-term hodlings
A week ago, Bitcoin dropped by 8 percent in an hour, minutes after it surged over $12,000 for the first time in 14 months. On August 2, between 0400 to 0500 UTC…