Articles for tag: accumulation trend, Bitcoin price, Cryptocurrency market, Economic Indicators, long-term investment, Market volatility, price prediction

Market News

Bitcoin Weekly Close: Analysts Say $85k Crucial to Avoid Correction to $76k

Bitcoin analysts are closely monitoring its weekly closing price to predict its movement for the upcoming week. With mixed signals from global trade tensions and easing inflation, Bitcoin’s price trajectory remains uncertain. Analysts suggest that for Bitcoin to avoid a potential drop to $76,000, it needs to close above the key level of $85,000. While ...

Market News

Bitcoin Investors Shift to Strong Distribution as Demand Declines, Insights from Glassnode on Market Trends and Trading Strategies

Glassnode, an on-chain analytics firm, recently reported a notable shift in Bitcoin investor behavior towards distribution. The Bitcoin Accumulation Trend Score, which measures how much Bitcoin investors are adding to their holdings, has been low, indicating that rather than accumulating, many are selling off their assets. The chart shared by Glassnode shows that while there ...

DeFi Explained: Simple Guide Green Crypto and Sustainability China’s Stock Market Rally and Outlook The Future of NFTs The Rise of AI in Crypto