JILANI09
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✅️ Bitcoin on May 19 – 6 consecutive weeks of increase for a BTC close to its last ATH
🔴 Bitcoin miners have changed their behavior recently. In fact, miners have stopped selling their BTC, reducing the downward pressure on the market. Moreover, the Hash Ribbons, an indicator created by Capriole Investments, still signals a favorable context. However, a technical signal comparable to those that preceded the last bear markets has just appeared. Can the king of cryptocurrencies still move upwards? Let's take a technical look at the key levels in today's bulletin!
✅️ The price of Bitcoin drops by nearly 1% in a week
🔴 The king of cryptos reached $107,000 last night, but then sellers managed to push the price below $103,000. The price of Bitcoin has stagnated over the last 24 hours, showing a slight drop of 1% over the week:
Bears continue to defend the ATH from the beginning of the year, but the price is up over 20% in a month and over 10% in six months. Meanwhile, the BTC/ETH pair is up over 4% in a week and has dropped by nearly 20% in a month.
#BTC
$BTC
🔴 Bitcoin miners have changed their behavior recently. In fact, miners have stopped selling their BTC, reducing the downward pressure on the market. Moreover, the Hash Ribbons, an indicator created by Capriole Investments, still signals a favorable context. However, a technical signal comparable to those that preceded the last bear markets has just appeared. Can the king of cryptocurrencies still move upwards? Let's take a technical look at the key levels in today's bulletin!
✅️ The price of Bitcoin drops by nearly 1% in a week
🔴 The king of cryptos reached $107,000 last night, but then sellers managed to push the price below $103,000. The price of Bitcoin has stagnated over the last 24 hours, showing a slight drop of 1% over the week:
Bears continue to defend the ATH from the beginning of the year, but the price is up over 20% in a month and over 10% in six months. Meanwhile, the BTC/ETH pair is up over 4% in a week and has dropped by nearly 20% in a month.
#BTC
$BTC
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