Bitcoin trends
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Is Asia Secretly Fueling the Next Bitcoin Boom? The Data Says Yes!
- August 24, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
No CommentsThe Asian market is once again becoming a focal point for Bitcoin accumulation, mirroring patterns seen during previous bull runs. According to recent on-chain data, Bitcoin’s year-over-year supply change in Asia has doubled, rising from 4% in January to over 8% by mid-May. This surge in accumulation aligns closely with Bitcoin’s price increase to over
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Whale Alert: Massive Bitcoin Transactions Signal Bullish Trend!
- August 8, 2024
- Posted by: Gordon
- Category: Crypto Market, IGH News, Market Insights, Market News
Bitcoin’s Recent Price Movements and Recovery Wave Bitcoin has recently shown signs of recovery, breaking past significant resistance zones at $53,500, $55,500, and $56,500. This upward momentum has positioned Bitcoin in a short-term positive trajectory. Notably, the cryptocurrency surpassed the crucial 61.8% Fibonacci retracement level of the drop from $61,040 to $49,110, marking a significant