Bitcoin, the world’s largest cryptocurrency, has recently shown a bullish signal through the Stablecoin Supply Ratio (SSR) Oscillator. This indicator, which compares the supply of stablecoins to Bitcoin, has broken below the lower Bollinger Bands, suggesting a potential upward movement in Bitcoin’s price. This unique technical pattern is crucial for traders and analysts who use
Writing
Bitcoin recently saw a 2.9% increase in its price on Friday, reaching above $67,000 for the first time since April 24. This rise has been attributed to the low levels of inflation reported in the latest Consumer Price Index (CPI) data. It is important to note that Bitcoin, as a digital asset, is influenced by
The recent decline in Bitcoin’s price and the overall cryptocurrency market has caused concern among investors and analysts alike. One prominent cryptocurrency analyst, Titan of Crypto, has identified the $61,500 price level as a critical threshold to monitor for Bitcoin. This level is seen as a pivotal point that could determine the coin’s future price
In a reminiscent turn of events to the GameStop short squeeze of 2021, Roaring Kitty, a trader known for his involvement in the market frenzy, has made a comeback. This return has sparked a bullish sentiment in the market, particularly for meme coins linked to names like GME and STONKS. Among these, KITTY has emerged
Bitcoin, the premier cryptocurrency, has been experiencing a period of consolidation in terms of price since reaching a new all-time high in mid-March. This lackluster price action has raised concerns among investors, particularly with the recent loss of support at the $60,000 level. However, the slowdown is not limited to just the price of Bitcoin
Looking to make money online as a copywriter? Discover the methods to monetize your writing skills and turn your passion into a profitable career. Don't miss out on all the opportunities waiting for you!