On-chain metrics for Bitcoin are improving as prices begin to consolidate; this could lead to further buy signals as observed by industry analysts. The decline in Bitcoin’s hash rate over the past few weeks has been seasonal, coinciding with the end of the rainy season in China where most of the mining occurs.  As reported

Bitcoin’s monumental rally has taken prices back to those not seen since January 2018, and analysts are eyeing the next levels of resistance should the bulls continue. Bitcoin prices surged to a whisker below $16,000 a few hours ago during Asian trading and while they have found resistance here, analysts are eyeing the next levels

Key on-chain metrics for the Bitcoin network such as hashrates have been in decline in recent weeks as seasonal changes in China impact mining operations. The Bitcoin network’s hashrate, which is a measure of computing horsepower, has slumped over the past couple of weeks. From an all-time high of 157 exahashes per second in mid-October,

Bitcoin had one of its best performing months this year and was just shy of its highest monthly close ever. This is important for a number of reasons, primarily from an institutional investment standpoint. Over the weekend, Bitcoin prices topped $14,000 for a brief moment which marks the asset’s highest level since January 2018.  The

Several on-chain metrics for Bitcoin have been entering bullish territory as the asset remains above $13k for the fourth straight day. Bitcoin has held on to gains it made last week, remaining above the $13k barrier for the past four days. It has not revisited that 2020 high of $13,350 made on Sunday, but is

Bitcoin’s new 2020 high over the weekend has rejuvenated social sentiment which has done a complete u-turn according to recent research. There are many technical and fundamental indicators that can give signs as to what market sentiment is like, and for the crypto industry, social media plays a big part. According to analytics from Santiment

Financial planning, retirement, and wealth management giant Fidelity Investments Inc. recently recommended Bitcoin as a portfolio percentage, which could be huge for markets if just a fraction of its clients acts upon it. Fidelity Digital Assets, a branch of the firm focused on the crypto asset markets, released a report in October titled ‘Bitcoin Investment