Bitcoin Price Analysis – Tesla joins the fold
The Bitcoin price has hit all-time highs after Tesla announced on Monday that it has bought $1.5 billion in bitcoin. The disclosure follows Tesla CEO Elon Musk’s promotion of Bitcoin and other alt-coins like DOGE on Twitter.
Bitcoin Price Analysis – Active addresses near all-time highs
The Bitcoin network has far more active addresses than any other blockchain. A large uptick or sustained increase in daily active addresses can be seen as a bullish indicator for market prices as it suggests an increase in on-chain demand.
Bitcoin Price Analysis – Market cap outpacing on-chain utility
Technicals for BTC/USD continue to show a strong bullish trend with the current spot price well above both the 200-day EMA and the Cloud. In the months to come, Bitcoin may reach new highs swiftly as quantitative easing and global central bank money printing surge to unparalleled levels.
Bitcoin Price Analysis – A strong bullish trend
Technical indicators for the BTC/USD market continue to show a strong bullish trend with the current spot price well above both the 200-day EMA and the Cloud.
Bitcoin Price Analysis – Bulls attempt recovery
A bullish recovery attempt has begun to form near the US$10,000 psychological support. In the months to come, Bitcoin may reach new highs swiftly as quantitative easing and global central bank money printing surge to unparalleled levels.
Bitcoin Price Analysis – 12 month record high leaves the door open for 48 month high
In the months to come, Bitcoin may reach new highs swiftly as quantitative easing and global central bank money printing surges to unparalleled levels.
