Bitcoins Liquidation Data Signals a Possible Trend ReversalHeres Why

Bitcoin price movements and market sentiment have often been tied to the positions held by traders across the board. Regarding that, an insight shared by CryptoQuant analyst Amr Taha sheds light on the potential significance of Bitcoin’s long/short liquidation delta, hinting at a shift in market stance. This indicator, according to the shared insight provides [...]

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Here Is Why The Bitcoin Bull Run Hasnt Started, According To Analyst

The Bitcoin community have been eagerly awaiting the start of a new bull market especially following the recent halving that occurred in April, however, according to a latest analysis from a CryptoQuant analyst under the pseudonym Onchained, that moment has not yet arrived and there is a reason. In the post uploaded on the CryptoQuant QuickTake platform, Onchained’s analysis focused on the Long-Term Holder (LTH) Mourad Ratio, a proprietary indicator that tracks UTXOs (unspent transaction outputs) held for more than six months. This ratio basically helps gauge market sentiment and accumulation trends among long-term Bitcoin holders, offering valuable insights into when BTC may enter its next bull phase. Related Reading: Bitcoin Held For Years Are Now On The Move, Is This A Signal For Caution? Stability In The Long-Term Holder Mourad Ratio One of the key indicators highlighted in the analysis is the stability of the Long-Term Holder Mourad Ratio. Historically, when this ratio remains stable, it suggests that the market is not yet ready for a significant upward movement. Onchained explained that a bull market typically begins only when the ratio starts to deviate negatively from these stable levels. Currently, data shows that the LTH Mourad Ratio is steady, signaling that Bitcoins bull run is yet to begin. This stableness in the ratio as revealed by the analyst,  indicates that long-term holders are not yet driving substantial price movement in the market, and investors may need to exercise patience until more favourable conditions arise. For further context, the Mourad Ratio is calculated by dividing the Long-Term Holder Mourad Current Transaction Value (LTH MCTV) by the current Bitcoin price. This calculation provides insight into the average value of UTXOs aged over six months, giving a clearer picture of recent accumulation trends among longer-term BTC holders. Technicals Suggests Bitcoin Bull Run Is Not So Far While Onchained analysis has confirmed that Bitcoin bull run is yet to start, other analysts has turned to historical price chart to gauge when the bull run for BTC could begin from a technical perspective. Popular Bitcoin insight platform known as Bitcoin archive on X has recently highlighted that BTC is on the verge of making a “bullish cross-over on the 5-day chart for the first time in 230 days.” Related Reading: Analyst Warns Of Short Squeeze as Bitcoin Futures Market Heats Up According to Bitcoin Archive, the last two times this happened, BTC went up by 79% and 74%, therefore, should this repeat itself again, Bitcoin could surge past $100,000. Bitcoin MACD about to make a bullish cross-over on the 5-day chart for the first time in 230 days. Last 2x Bitcoin went up 79% and 74%. #Bitcoin will surge OVER $100K if this repeated. pic.twitter.com/USTaCzHD44 Bitcoin Archive (@BTC_Archive) September 25, 2024 Featured image created with DALL-E, Chart from TradingView

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Bitcoin Held For Years Are Now On The Move, Is This A Signal For Caution?

Recently, a significant movement of older Bitcoin holdings has been observed on the network, sparking discussions about potential selling pressure in the market. This activity, as shown in data by the on-chain analytics platform CryptoQuant, has led to analysts advising “extreme caution” in the face of this development. Related Reading: Uptober Is Just Around The Corner: Heres Where Bitcoin Price Is Headed Old Bitcoin On The Move: A Signal for Caution? A CryptoQuant analyst under the pseudonym XBTManager noted that Bitcoins upward trend has been accompanied by increased activity on the network, particularly from wallets that have held Bitcoin for extended periods. The question now is whether this movement will lead to a broader market reaction. Old Bitcoins are on the move Overall, we are seeing a significant increase in the movement of coins from various age bands during this latest leg of the rise, with continuous transfers happening on the #Bitcoin network. By @XBTManager Full post https://t.co/LR0bvdvAOY pic.twitter.com/sUe6yqp4Xj CryptoQuant.com (@cryptoquant_com) September 24, 2024 XBTManager detailed these movements, noting several significant transfers of old Bitcoin in recent days. For example, on September 18, over 21,000 Bitcoin were moved from wallets that had held the cryptocurrency for periods ranging from one week to three years. Similar patterns were observed on the following days, with over 29,000 BTC, held for six to twelve months, being moved on September 23 alone. The analyst emphasized the importance of monitoring where these BTCs are headedwhether they are being transferred to exchanges, which could suggest an impending sell-off. The increased movement of old Bitcoin raises concerns about potential selling pressure in the market. As XBTManager pointed out, the large-scale transfer of Bitcoin from wallets that have held onto the asset for months or even years could slow down Bitcoins current upward momentum. “As more transfers occur on the network, Bitcoin’s upward momentum begins to slow down. Extreme caution is advised,” the analyst noted. Related Reading: Analyst Who Predicted The Bitcoin Rally Reveals Time To Sell Potential Selling Pressure on The Horizon? Another CryptoQuant analyst, BaroVirtual, has echoed the sentiment of caution. BaroVirtual highlighted a recent decline in institutional short positions, which may not necessarily be a positive signal for the market. According to the analyst, while the reduction of short positions might offer some short-term relief, the analyst expressed concern over the long-term implications, noting: I don’t quite agree that this is a positive signal if institutional investors are no longer aggressively shorting Bitcoin. Perhaps this is good for the short term so the market can take a breath. However, the build-up of short positions is needed in the long term to fuel Bitcoin’s growth. Featured image created with DALL-E, Chart from TradingView

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Analyst Warns Of Short Squeeze as Bitcoin Futures Market Heats Up

The Bitcoin futures market is seeing a rise in leverage, which may signal an impending short squeeze that could lead to a bullish rally, according to a recent report by a CryptoQuant analyst, known as Percival. Percival insights shared earlier today on the QuickTake platform detailed the current state of Bitcoin leverage and the potential impact it could have on Bitcoin’s price trajectory. Related Reading: Bitcoin Demand Surge: Binance Buyers Take Charge As Coinbase Premium Falls Bitcoin Open Interest And Leverage Surge Amid Volatility According to Percival, the futures market consists of two major groups: institutional traders on the Chicago Mercantile Exchange (CME) and retail or native cryptocurrency traders. Institutional traders typically hedge their positions and are less prone to liquidations, while retail traders often face higher liquidation risks, particularly during periods of increased market volatility. These dynamics are particularly relevant now, as leverage in the futures market has surged over the past two weeks. Percival noted that open Interest in Bitcoin futures has now grown by $6 billion, reaching a total of $28.3 billion, just shy of the all-time high of $31 billion recorded in July. This increase in leverage is tied to recent market movements, especially around the volatility caused by the recent US Federal Reserves interest rate decisions. Despite this uptick, institutional traders are seen to hold onto their positions confidently, anticipating further volatility but are less exposed to liquidation risks than retail traders. In addition, funding rates for Bitcoin Future contracts indicate that investors holding long positions currently receive around $2 million daily. This suggests that demand for long positions remains strong, as investors are willing to pay to maintain these positions. However, Percival cautions that while this is not an “overly excessive amount”, sudden price corrections could quickly wipe out those over-leveraged traders attempting to capitalize on these market movements. Short Liquidations Hint At Possible Short Squeeze A notable observation in the report was the significant increase in short liquidations. Percival explained that short liquidations have risen by approximately $493 million, which could be a precursor to a “short squeeze.” A short squeeze occurs when short positions are forced to close due to rising prices, which can cause further upward pressure on the assets pricein this case, Bitcoin’s. Percival speculated that this surge in short liquidations could rapidly recover Bitcoins price following any “sharp corrections.” Related Reading: Bitcoin Approaches $65,000: Is Now The Perfect Time To Buy? The liquidation of short positions would give the market the momentum needed for Bitcoin to bounce back and potentially trigger a more significant rally. While volatility is expected in the short term, the overall outlook appears to lean towards a bullish trend if this short squeeze scenario continues. Featured image created with DALL-E, Chart from TradingView

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Bitcoin Demand Surge: Binance Buyers Take Charge As Coinbase Premium Falls

A recent analysis from a CryptoQuant analyst, known by the pseudonym Avocado Onchain,  has highlighted a notable development in the Bitcoin market. According to the analysts observations, the Coinbase Premium, which tracks the price difference between Bitcoin on Coinbase and Binance, has turned negative. This indicates that the price of Bitcoin is lower on Coinbase [...]

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Bitcoin Approaches $65,000: Is Now The Perfect Time To Buy?

As Bitcoin price valuation inches closer to the $65,000 mark, the asset has grabbed the attention of market analysts, with one recently highlighting a key indicator that now suggests a potential further recovery in BTC’s price. Particularly, according to a recent post on the CryptoQuant Quicktake platform by an analyst under the pseudonym Darkfost, the [...]

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Bitcoin Reclaims $63,000 After US Fed Rate Cut, But Is This Rally For Real?

So far, Bitcoin has seen a mixture of bulls and bears just in the past day alone. Although bulls appear to be taking the lead given its current market performance, will this be sustainable? Before the US Federal Reserve announcement of the rate cuts, Bitcoin experienced a slight dip in its trading price. However, following the announcement, the leading crypto saw a sudden price surge, reclaiming the $60,000 mark. Bitcoin continues to show bullish strength, trading at $63,006, reflecting a 5.6% increase over the past 24 hours. Related Reading: CME Traders Bet Big Against Bitcoin As US Fed Rate Cut Looms Is This Bitcoin Rally For Real? The sudden bullish performance from Bitcoin recorded over the past day has had several traders and analysts sharing their respective outlooks on the asset, with many focusing on the next potential trajectory of Bitcoins price. Despite the ongoing upward momentum, some experts urge caution, highlighting underlying market signals that could impact the sustainability of this bullish trend. One such expert, crypto trader Josh Olszewicz, shared his insights on this matter, suggesting that while the current picture appears optimistic, there are still some concerns to consider before expecting a continued uptrend. According to Olszewicz, Bitcoin’s recent move led it above the daily Ichimoku Clouda technical analysis indicator used to gauge market trendssignaling a potential bullish scenario. However, he emphasized that this indicator alone does not guarantee a sustained upward trend. Specifically, Olszewicz pointed out that the Cloud and the Tenkan-Sen and Kijun-Sen (TK) cross are still in a bearish formation. $BTC We are once again back above the daily Cloud, although we still have a bearish Cloud and bearish TK cross. Additionally, the previous three Kumo breakouts this year have gone no where. So although this is a certainly more bullish picture than a few days ago, Cloud does pic.twitter.com/bmlqKM9g6c #333kByJuly2025 (@CarpeNoctom) September 19, 2024 What Will Result In A Sustainable Rally? For a more definitive bullish signal, the Cloud needs to flip into a bullish mode, along with a bullish TK cross, Olszewicz disclosed. This setup would provide a stronger confirmation for a bullish continuation. Olszewicz also noted that previous Kumo breakouts this year have failed to lead to significant price gains, adding uncertainty to the current breakout. He suggested that analyzing Bitcoin on a longer timeframe, such as the two-day Ichimoku Cloud, might offer a clearer perspective. Related Reading: Crypto Analyst Reveals Key Insights into Bitcoins Bull-Bear Transition Phase A bullish breakout on this timeframe and an eventual bullish TK cross could provide a more reliable indication of a sustained bullish trend for Bitcoin. Featured image created with DALL-E, Chart from TradingView

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CME Traders Bet Big Against Bitcoin As US Fed Rate Cut Looms

Traders on the Chicago Mercantile Exchange (CME) have been increasing their short positions on Bitcoin futures ahead of the US Federal Reserve’s interest rate decision, according to K33 analyst David Zimmerman. This move indicates a cautious approach in the market, as the Federal Open Market Committee (FOMC) is expected to announce its latest interest rate decision later today by 2 pm ET Related Reading: Crypto Analyst Reveals Key Insights into Bitcoins Bull-Bear Transition Phase The Looming Rate Cut And The Beforemath So far, current market sentiment points towards a 50 basis-point rate cut, a significant change from the usual monetary policy. This would be the first-rate reduction in four years, causing market participants to brace for potential volatility. Zimmerman noted that CME traders have notably increased their short positions by 5,500 BTC over the past two days, pushing futures premiums to a nine-month low. This trend suggests a shift towards bearish sentiment on Bitcoin in anticipation of the FOMC’s decision. Additionally, the CME futures market is reflecting fears of heightened volatility, similar to what occurred following the recent US Consumer Price Index (CPI) release. According to Zimmerman, the “downward sloping futures premiums” on CME, now below 5% for the first time since January 15, indicate “hedging against potential risks” associated with the FOMC meeting. Implications Of Interest Rate Cuts On Bitcoin Zimmerman pointed out that although rate cuts usually relief market conditions and may enhance liquidity for risk assets like Bitcoin, worries about a possible economic downturn remain. The analyst mentioned that the anticipated 50 basis-point cut has amplified these concerns. Historical precedents show that such a significant reduction, like those in 2001 and 2007, heightened recession fears. Currently, with real interest rates at their cyclical highs and inflation cooling, the Federal Reserve may consider swift cuts to reach a “neutral rate”a rate that neither stimulates nor restricts the economy, Zimmerman suggested. The analyst added, noting: “Currently, 125 basis points in cuts are expected by the end of the year.” Currently, Bitcoin trades at $59,415, at the time of writing down by 2.7% in the past day. Despite the bearish sentiment from CME traders, several analysts are optimistic that the fed rate cut will be positive for Bitcoin. Related Reading: Bitcoin Price Bounces Back, But Can It Sustain Above $60K? For instance, renowned crypto analyst known as Moustache on X has recently pointed to a notable bullish pattern on BTC chart, suggesting that the upcoming FOMC decision could assist the pattern in playing out completely. #Bitcoin (W) Most exciting FOMC meeting of the year and the chart of $BTC looks like this. Descending broadening wedge for 6 months. In the past, these patterns have ALWAYS been bullish. RSI is a leading indicator and has already broken out of the downtrend. pic.twitter.com/zbHNIM5vfc (@el_crypto_prof) September 18, 2024 Featured image created with DALL-E, Chart from TradingView

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Bitcoin Price Analysis: Whales, Miners, and Traders Signal Market Stability

The Bitcoin community is currently facing a rather uncertain environment, which is characterized by both stability and opportunities for growth. While the cryptocurrency hovers around the $60k mark as of press time. A recent analysis from CryptoQuant presents various tactics from the new and old whales, miners, and Binance traders that shape the current and […]

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Bitcoin Price Recovery Hinges On This Key Market Indicator, Reveals Analyst

The crypto market has recently seen some ups and downs, with Bitcoin facing many fluctuations. According to a recent post by a CryptoQuant analyst known as Kripto Mevsimi, the Bitcoin Market Value to Realized Value (MVRV) ratio has dipped below its 365-day moving average. This specific indicator often identifies potential market bottoms and zones where recovery could begin. While the drop in MVRV could suggest an “opportunity for long-term investors,” the analyst warns that caution is needed. Related Reading: Bitcoins Leverage Ratio Hits New High: What Does This Mean BTC? Bitcoin Will Recover If Its MVRV Does This The MVRV (Market Value to Realized Value) ratio is a metric used in cryptocurrency to assess whether an asset, like Bitcoin, is overvalued or undervalued relative to its “realized value.” Market Value refers to the asset’s current price multiplied by its total circulating supply, essentially the market capitalization. Realized Value is calculated by summing the value of each coin at the price it was last moved on-chain, giving a picture of what the network participants paid for their holdings. According to Mevsimi, historically, when the Bitcoin MVRV ratio breaks back above its 365-day average, it has been followed by a renewed sense of optimism in the market, often signaling the start of a “more sustainable upward trend.” However, the current economic environment, marked by ongoing macroeconomic uncertainties, suggests that Bitcoins recovery could take longer. In the meantime, the analyst advises investors to maintain a balanced outlook, noting: Therefore, maintaining a measured and balanced perspective is essential. A positive outlook is understandable, but it should be tempered with awareness of the broader risks until the MVRV ratio confirms a more sustained upward momentum. Related Reading: 11% Of Bitcoin Supply In Coinbases Hands: Analyzing The Potential Risks Buy Signal Identified In BTC Meanwhile, Despite the current state of the MVRV ratio, Bitcoins price has shown some signs of recovery in as of today. After briefly dipping below the $58,000 mark earlier in the day, the asset has reversed its trajectory, gaining 1.2% to reach a price of $58,463 at the time of writing. Crypto analyst Mags took to X to highlight a key bullish signal: the Bitcoin hash ribbon. According to Mags, the Bitcoin hash ribbon indicator has flashed a buy signal, historically one of the “most reliable” indicators for Bitcoins price movement. Mags mentioned that every time this signal appeared, it was followed by a significant price surge, giving traders reason to believe that Bitcoin could see a bullish breakout soon. #Bitcoin – hash ribbon flashed a buy signal. Historically, this has been one of the most reliable indicators for Bitcoin. Every time we’ve seen this signal, its often followed by a massive pump in BTC! pic.twitter.com/hXFLkTKXTH Mags (@thescalpingpro) September 13, 2024 Featured image created with DALL-E, Chart from TradingView

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Bitcoins Momentum Builds, But Reclaiming $60,000 is Crucial, Says Analyst

Bitcoin continues to show volatility in the market, with bulls slowly gaining momentum, but key resistance levels remain a challenge. $90,000 Is In Play, But This First Renowned crypto analyst Captain Faibik recently shared his bullish outlook for Bitcoin, forecasting that the asset could touch $68,000 by the end of this month if it successfully [...]

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Hidden Bitcoin Agenda? CryptoQuant CEO Weighs In On Ongoing Rise In BTC Accumulation

Over the past few days, Bitcoin (BTC) has seen a significant surge in whale accumulation. Ali highlighted that the “number of BTC addresses holding 100+ BTC increased from 15,913 to 16,006 during the recent correction. While this trend is noteworthy because it suggests whales bought the dip, Ki Young Ju, the CEO of CryptoQuant, an on-chain [...]

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Bitcoin Faces 2024s Largest Long Position Liquidation: Report

Bitcoin has gone down sharply, thereby destabilizing the entire crypto market. Prominent analytical service CryptoQuant pointed out in a recent post on X that Bitcoin is in for a tumble alongside global stock markets. Bitcoin declined by 16% in a single day and 30% from a recent high in the more short-term trend. This rapid […]

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Bitcoin Bullish Flag Formation & CME Gap Signal Potential Rally To $69K: Analyst

Popular crypto trader and analyst Captain Faibik has pointed out a bullish flag pattern for Bitcoin (BTC) on the daily chart. Faibik highlighted in a recent X post that such a pattern could be indicative of further upward trajectory for the cryptocurrency. Faibik stressed that the CME model is limited by its lack of completely […]

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How Will The US Upcoming Fed Rate Cut Impact Bitcoin? QCP Analysts Weigh In

As the United States Federal rate cut is fast approaching, analysts at QCP Capital, a global digital asset trading firm and market maker has now shared their prediction on how this development could impact Bitcoin price. According to the analysts, the upcoming U.S. non-farm payroll report and Fridays GDP data will play crucial roles in [...]

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Bitcoin Faces Setback: Retreats from $65K as Market Awaits Key Economic Data

Bitcoin marked a pullback this week, and while it was trading as high as $65,000, it has now moved down and is fluctuating within the area of $58,000- $60,000. This pullback wiped out a major part of the previous weeks up move and has kept the market in a dizzy state, waiting for key economic […]

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Analysts Say Now Is the Time to Re-Accumulate BitcoinHeres Why

Bitcoin (BTC), after briefly reclaiming the $61,000 price mark yesterday has now fallen below it continuing its bearishness as of today. Amid this negative price action, the asset’s hash price, a key metric reflecting miners’ profitability, has reached historically low levels. According to a recent analysis by Woominkyu, a CryptoQuant analyst, this significant drop in hash price might signal a prime buying opportunity for investors. Related Reading: Bitcoin Reclaims $61,000: Key Levels To Watch For Continuous Surge Understanding The Hash Price And Its Relation To Buying Opportunity Woominkyu revealed in his analysis that the hash price, which measures the relationship between Bitcoins price and the revenue miners generate per unit of computational power, has shown a consistent pattern. When this metric falls to lower levels, it often coincides with Bitcoin’s price bottoming out. Woominkyus further shared a chart highlighting that the blue-shaded sections on the chart represent periods where the hash price dipped, corresponding to times when Bitcoins price was at or near its lowest points. The historical data suggests that these periods have been followed by significant price recoveries. Woominkyu believes that the current low hash price could indicate that Bitcoin is near a bottom, presenting a potential buying opportunity for long-term investors. Lowest Bitcoin Hash Price Indicating the Buy Opportunity The highlighted sections in the chart indicate periods where the Hash Price dropped to lower levels, corresponding to times when #Bitcoin prices were also at or near their lowest points. By @Woo_Minkyu Link pic.twitter.com/ZPf0cSTnNN CryptoQuant.com (@cryptoquant_com) August 30, 2024 Another Analyst Points To Re-Accumulation Bitcoin Phase Echoing Woominkyus sentiment, another renowned crypto analyst known as Moustache shared insights on the Puell Multiple, a metric used to assess Bitcoins market cycles. The Puell Multiple, which compares the daily issuance of Bitcoin to its historical average, is currently at a level that Moustache believes offers the second-best “re-accumulation” opportunity since 2022. In a post uploaded on X earlier today, Moustache emphasized that Bitcoins current market position is comparable to previous significant periods in 2012, 2016, and 2020. Related Reading: Bitcoins Momentum at Risk? NVT Golden Cross Sends Warning Signals These were times when the market was primed for substantial upward movements following a phase of consolidation. #Bitcoin – The Puell Multiple I call it here: This is your second best chance after 2022 to re-accumulate before the next wave starts.$BTC is where it was in 2012, 2016 and 2020. Even if it doesn’t feel like it, I think we’ve some incredibly exciting months ahead of us. pic.twitter.com/lpVXQOXvtC (@el_crypto_prof) August 30, 2024 Moustache suggested that despite the current sentiment, the next few months could bring “incredibly exciting” developments for Bitcoin. Featured image created with DALL-E, Chart from TradingView

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Bitcoin Reclaims $61,000: Key Levels To Watch For Continuous Surge

Bitcoin has recently shown signs of recovery, reclaiming the $61,000 level after a brief but sharp decline earlier this week. This bounce back in price has sparked renewed interest among the crypto community, with many closely watching for the next key moves in the market. Particularly, this latest price action has led to various analyses, [...]

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Will August Again Be A Drag For Bitcoin? Heres What Historical Data Says

In the Bitcoin and the overall crypto market, August has long been observed as a quieter month, with historical data showing a consistent downturn in both activity and asset value during this time of the year. Coinbase’s analysis further highlights this pattern in its latest weekly report. According to Coinbase analysts David Duong and David Han, there is a noticeable reduction in trading volumes and a decrease in the market’s dynamism that characterizes the month. An Impending Major Dip For Bitcoin In August? The analysts point out that this seasonal trend can’t be seen as a mere coincidence as it is a recurrent phenomenon. In the “Coinbase Weekly” report, they cited that Bitcoin spot volumes in August 2023 fell by 19% compared to June of the same year. Related Reading: Bitcoins Price Potential: Analyst Maps Path To $700,000 And Beyond Similarly, Bitcoin futures volumes dipped by 30% across global centralized exchanges during the same timeframe. This decreased activity is significant enough to influence market behavior, potentially leading to increased volatility due to thinner liquidity. The Coinbases report further details that on average, Bitcoin has shown a decline of 2.8% in August over the last five years. According to the analysts, this trend is not isolated to Bitcoin; it reflects a broader market behaviour that could be attributed to various factors, including seasonal investment shifts and lower participation rates during the summer months in many regions. They further predicted that this August may not stray from the established pattern, expecting a continuation of subdued market performance. Outlook From Analysts In The Community Echoing the sentiment from Coinbase, other prominent figures in the crypto space have shared their observations. Analyst Jelle pointed out on Elon Musk’s social platform X that despite a positive close in July, the historical struggle of the market in Q3 is quite noteworthy, with recovery often not beginning until October. Similarly, analyst Micheal Van De Poppe suggested that while August and September typically record poorer performance, there might be a shift in momentum starting mid-August, potentially setting the stage for new all-time highs in the following months. Related Reading: Is A Major Bitcoin Dip Coming? What the Coinbase Index Tells Us Van De Poppe also disclosed that to see Bitcoin’s continuation towards its all-time high (ATH), price would need to hold above $60,000 to 61,000 region. Meanwhile, at the time of writing, Bitcoin has seen a slight uptick increasing by 0.7% while still trading above $63,000. Commenting on BTC’s current price action, Jelle noted: Bitcoin is still trading inside the channel we’ve spent the past months inside of, but holding above key supports. Looks like a breakout is getting closer by the day. Patience, until then. Featured image created with DALL-E, Chart from TradingView

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Could Bitcoin Outshine Gold? Trading Guru Weighs In On The Historic Financial Duel

In the digital asset world, the only valid rival for Bitcoin asides Ethereum is often regarded as Gold. So far, many analysts and experts have continued to make comparisons between these two assets especially to see what price Bitcoin could trade at if it had the same market cap as Gold. Speaking on a similar [...]

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