ANALYSIS
Bitcoin Should Reclaim the $40K to $42K Zone, Which Has Served as Support and Resistance for a Year
Bitcoin’s intention to breach the high resistance area between $38,000 and $40,000 continues.
Bitcoin Continues Holding Above the 200 MA, with $34K Being the Redline
With the 200-day moving average (MA) being a significant indicator used to determine the general market trend, Bitcoin (BTC) continues trading above this line.
Top 3 Coins to Watch this Week: BTC, LUNA, and MANA
With the market still looking weak, here are the top three coins to pay attention to this week.
Crypto Review 2021: Full of Uncertainty and Volatility
Before the end of 2021, Blockchain.News summaries serval key events and milestones that the crypto sector has witnessed this year.
53% of the Top 100 Cryptocurrencies are Trading Below Their 200-Day Moving Average
Due to massive liquidations experienced nearly two weeks ago, 53% of the top 100 cryptocurrencies have not fully recovered because they are still trading below their 200-day moving average.
Crypto Users Stand at 300M, Representing Nearly 3.7% of the Global Population
Crypto adoption continues to experience an uptick, given that users are currently at the 300 million mark.
Bitcoin Sets New Support as Ethereum Looks to Reclaim $4,000 Price Target
Both Bitcoin and Ethereum are on the uptrend today as the potentials for new price growth builds up.
Bitcoin Supply Held by Long-Term Holders Surge to 66%
Long-term holders (LTHs) have emerged to be significant players in the Bitcoin (BTC) ecosystem.
Ethereum’s Surge Above $2,700 for the First Time in 2 Months Causes Crowd Euphoria
Ethereum’s uptick above $2,700 not experienced in two months has made the crypto community excited.
Sub-Saharan Africa Dethrones Northern America as the Top Bitcoin Adoption Spot
Sub-Saharan Africa has been the top Bitcoin adoption spot for 181 consecutive weeks after edging out Northern America, as revealed by Arcane Research.
