Currencies33665
Market Cap$ 3.40T-5.09%
24h Spot Volume$ 73.34B+11.7%
DominanceBTC60.77%+0.85%ETH9.00%-3.66%
ETH Gas13.67 Gwei
Cryptorank
MainNewsBitcoin’s Lo...

Bitcoin’s Low Volume Signals Potential Rally In Lower Timeframe


by CoinEdition
Bitcoin’s Low Volume Signals Potential Rally In Lower Timeframe
  • Rapha Zagury has observed that BTC is stuck in a range.
  • Historical data shows that low-volume periods for Bitcoin led to upside rallies.
  • Bitcoin is hovering around an all-time high (ATH), making investors anxious.

Swan’s Chief Investment Officer (CIO) Rapha Zagury has observed that BTC is in a range. In a recent post on X, Zagury used Bitcoin’s low-volume state to analyze its situation and predict what could happen soon. Zagury revisited his analysis of the flagship cryptocurrency when it was in a similar situation.

In July 2020, Zagury showed that a low-volume period for Bitcoin led to an upside rally. He showed how Bitcoin rallied in 30 days following a month of significantly low trading volumes. For context, the renowned analyst considered a trading volume below 30% low for BTC.

The post Bitcoin’s Low Volume Signals Potential Rally In Lower Timeframe appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin Plummets Below $104K as Tehran Airstrikes Send Shockwaves Through Markets

Bitcoin Plummets Below $104K as Tehran Airstrikes Send Shockwaves Through Markets

Bitcoin dipped below $104,000 on Wednesday, reaching an intraday low of $103,362 foll...
Bitcoin Hashrate Breaks a New All-Time High – Is a Massive $BTC Price Rally Next?

Bitcoin Hashrate Breaks a New All-Time High – Is a Massive $BTC Price Rally Next?

Bitcoin hash rate has surged to a record 1.046 ZH/s, providing the strongest protecti...
MainNewsBitcoin’s Lo...

Bitcoin’s Low Volume Signals Potential Rally In Lower Timeframe


by CoinEdition
Bitcoin’s Low Volume Signals Potential Rally In Lower Timeframe
  • Rapha Zagury has observed that BTC is stuck in a range.
  • Historical data shows that low-volume periods for Bitcoin led to upside rallies.
  • Bitcoin is hovering around an all-time high (ATH), making investors anxious.

Swan’s Chief Investment Officer (CIO) Rapha Zagury has observed that BTC is in a range. In a recent post on X, Zagury used Bitcoin’s low-volume state to analyze its situation and predict what could happen soon. Zagury revisited his analysis of the flagship cryptocurrency when it was in a similar situation.

In July 2020, Zagury showed that a low-volume period for Bitcoin led to an upside rally. He showed how Bitcoin rallied in 30 days following a month of significantly low trading volumes. For context, the renowned analyst considered a trading volume below 30% low for BTC.

The post Bitcoin’s Low Volume Signals Potential Rally In Lower Timeframe appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin Plummets Below $104K as Tehran Airstrikes Send Shockwaves Through Markets

Bitcoin Plummets Below $104K as Tehran Airstrikes Send Shockwaves Through Markets

Bitcoin dipped below $104,000 on Wednesday, reaching an intraday low of $103,362 foll...
Bitcoin Hashrate Breaks a New All-Time High – Is a Massive $BTC Price Rally Next?

Bitcoin Hashrate Breaks a New All-Time High – Is a Massive $BTC Price Rally Next?

Bitcoin hash rate has surged to a record 1.046 ZH/s, providing the strongest protecti...