The chart below shows the Bitcoin Miners' Position Index (MPI), which measures total miner outflows relative to its one-year moving average. The index spiked on Tuesday, which could mean that miners are selling more coins than usual. Further, while miner outflows surged, miner flows to exchanges have been relatively stable. That suggests miners are choosing to...
Bitcoin (BTC) Price Analysis – Daily Updates Last Price $47,739 Daily High $48,079 Daily Low $46,995 Chart Analysis Bitcoin Price Analysis: BTC Gets Rejected, Possible Bearish Scenario on LTF Charts Bitcoin Price Analysis: BTC Gets Rejected, Possible Bearish Scenario on LTF Charts MAR 29, 2022 18:16 After almost three months of consolidation, Bitcoin’s price...
Bitcoin Approaching Resistance at $48K-$51K, Support at $45K BTC appears to be overbought, although pullbacks cold be brief. By Damanick Dantes Mar 29, 2022 at 5:50 p.m. UTC Updated Mar 29, 2022 at 5:58 p.m. UTC Bitcoin's daily price chart shows nearby resistance and RSI on the bottom. (Damanick Dantes/CoinDesk, TradingView) Bitcoin (BTC) is testing resistance at...