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Bitcoin News / Bitcoinist - 2 years ago

Why A Bitcoin “Head Fake” Is Bulls’ Best Hope

After weeks of sideways consolidation, Bitcoin suffered a nasty breakdown from its range and a 10% intraday plunge. The scenario, however, could potentially be a whats referred to as a “head fake” — that in the coming weeks reverses back to above $31...

Bitcoin News / Bitcoinist - 2 years ago

This Bitcoin Whale Went From $0 To $3 Billion In 3 Months, But Is It Doing Well?

While most of the crypto market seems to have entered panic mode, one Bitcoin whale has gone on an incredible buying spree. The very young whale has only been here for three months but it now boasts one of the largest BTC holdings in the industry. Ho...

Bitcoin News / Bitcoinist - 2 years ago

Bitcoin Long-Term Holders Stay Strong, Show Little Reaction To Crash

On-chain data shows that Bitcoin long-term holders have continued to hold strong recently as their exchange inflows have remained low. Bitcoin Long-Term Holder Supply Has Set A New All-Time High The “long-term holders” (LTHs) refer to all...