Bitcoin Hovers Near Price Support as Long-Term Bear Cross Looms – CoinDesk
View BTC is on the defensive and may face selling pressure in the run up to the bearish crossover of the 100- and 200-day averages. Prices will likely breach the… Read more »
Tag: longterm
Bitcoin's Upcoming Halving Exposes Long-Term Security Issues
Bitcoin’s network security largely depends on block rewards, not transaction fees. Will fees alone be enough to sustain the network as halvings continue to erode miner revenues? What does network… Read more »
Bitcoin Hash Rate Record Highs Show Miners Are Long-Term Bullish
Bitcoin (BTC) continues to set new records for its network hash rate this month, a sign that miners have shaken off weak price performance. Hash rate hits all-time highs in… Read more »
Yes, Even Bitcoin HODLers Can Lose Money in the Long-Term: Here’s How
Since dropping from its 2019 high at $13,800, Bitcoin (BTC) has been in a rut which has led to the price retracing roughly 43% to $7,800. Traders would take a… Read more »
Bitcoin Sees Little Price Boost from Long-Term Bull Cross – CoinDesk
View Bitcoin continues to trade flat despite a bullish crossover of the 100- and 200-period moving averages on the three-day chart – a lagging indicator. BTC may lack clear directional… Read more »
First Week of Bakkt: Slow Start Unlikely to Dampen Long-Term Prospects
After more than a year spent ensuring full compliance with the United States authorities, Bakkt, the first federally regulated platform for Bitcoin (BTC) futures trading, launched on September 23. Conceived by… Read more »
Ahead of the next financial crisis, one market strategist claims this is ‘the best long-term risk-reward trade out there’
Kevin Muir, longtime trader and market strategist at Toronto-based East West Investment Management, says he’s preparing for a market storm that nobody else seems to even be considering. “Contrary to… Read more »
Iota Introduces Chronicle, a New Solution for Long-Term Data Storage
The Iota Foundation has introduced Chronicle, a permanode solution to allow its node owners to easily store all of their transactions for long-term access. Iota has introduced Chronicle, a permanode… Read more »
$9,650: Bitcoin Price Dips Below Key Long-Term Support – CoinDesk
View Bitcoin has dipped beneath the 100-day moving average, potentially opening the doors to support near $8,500 if the bulls can’t keep prices above the MA. Total weekly volume for… Read more »
Bitcoin Faces Further Price Losses After Breaching Long-Term Support – CoinDesk
Bitcoin is on the defensive for the fourth straight day, having breached long-term support on Tuesday. The leading cryptocurrency by market value is currently trading at $9,720, representing a 1.1… Read more »