Today news
About the same in other media
Historically accurate 'momentum indicator' hints at possible Bitcoin breakout ahead
Reading now: 338
Bitcoin (BTC) could see a “massive bullish move” if a classic trigger from the 2021 bull run repeats this week.
In a tweet on Dec. 16, on-chain analyst Matthew Hyland, known by the Twitter handle Parabolic Matt, drew attention to Bitcoin’s momentum indicator.
While still under $50,000, Bitcoin has already broken out of a long-term downtrend on the momentum indicator, which measures closing prices against those from a period in the past.
Two such breakouts have occurred this year, and after each
Read more on cointelegraph.comAbout this in other media
Bitcoin wallet addresses created in November inches toward a million cointelegraph.com /2 years ago
A year since Brexit: English winemakers get creative to beat 'nightmare' labour shortages euronews.com /2 years ago
Pomp tells CNBC there's no need to apologize for Bitcoin's energy use cointelegraph.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
