BTC/USD steigt endlich über 24929: Technische Analyse von Sally Ho 15. August 2022 BTC

Bitcoin (BTC/USD) baute die jüngsten Gewinne zu Beginn der asiatischen Sitzung weiter ab, als das Paar erneut das Niveau von 24395,74 testete, ein Bereich, der das 23,6%-Retracement der jüngsten Aufwertungsspanne von 22666,23 bis 24929,99 darstellt. Vor dem Pullback wurden Stopps über dem Bereich von 25054,10 gewählt, als BTC/USD endlich über das jüngste Hoch um den Bereich von 24930 brach.

Timeline of Bitcoin

Bitcoin exceeds $25,000 for the first time since June during a crypto rally, riding a momentum wave from a lower-than-expected US inflation and the advancement towards Ethereum's big upgrade. Bitcoin Exceeds $25,000 for the First Time Since June During A Crypto Rally On Sunday, the biggest cryptocurrency increased by as much as 2.

Despite suffering a severe sell-off in the face of uncertainties in the macro landscape, Bitcoin's ebbing tide seems to be subsiding, with key metrics suggesting the cryptocurrency is poised to come ahead.

A top executive of the world's largest crypto exchange platform by trading volume is reportedly saying that retail investors are buying up crypto assets as inflation continues to ravage the global economy.

The overall crypto market cap is now maintaining its range above $1 trillion, and the majority of the cryptocurrency assets seem to be thriving.  The Bitcoin price, which was earlier struggling around $23,000, has reclaimed the $24,000 level and might close the weekend on a bullish note. However, the latest analysis has a different prediction.

The recovering market has seen many cryptocurrencies cross the threshold of 100% to rally farther beyond expectations. Of late, however, one crypto-asset that has particularly stood out is Celsius.

The BTC/USDT pair rises within the wedge channel of an inverted pennant pattern. The continuation pattern has the same core concept as the inverted flag pattern, which we explained in our previous article.

In an interview with Kitco, Michael Saylor, the former CEO of MicroStrategy, predicted that Bitcoin would demonetise gold. “Gold was metallic money for the 19th century,” he said while adding that gold will not be adopted as money in the 21st century.  He predicted that a spot-based Bitcoin exchange-trade fund might come in a year.

According to cryptocurrency industry veteran Bobby Lee, both Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) will soon get back to their all-time highs, which were reached in November 2021.  In a recent interview, Lee said that as the current crypto market is facing a stiff downturn, he is optimistic about a market revival.

Exchange balance refers to the amount of Bitcoin sitting on exchanges, and it was following a downtrend since January 2022 for both Coinbase and Binance when suddenly Binance's exchange balance took a turn and started to spike in May. The post Binance holds the most amount of Bitcoin on exchanges after roles have reversed with Coinbase appeared first on CryptoSlate.

Bitcoin Mining in the 22 Century is hard to predict, but some things are pretty self-evident, based on current trends in the industry. Whenever the price of Bitcoin declines, there are scattered forecasts that the mining sector is doomed and that miners are ready to shut down their machinery collectively and start to succumb.