BTC Technical To Watch Right Now..
BTC is now flirting with the 25 day moving average. Historically, it's seen a sharp sell-off if rejected. We outlined scenarios where it did so on the charts.
If this happens, we argue the $9,050 test to the downside. Keep an eye on it!
Last 7 Day Crypto Performance
Cardano has outperformed the market for 2 weeks in a row now.
Altcoins gained market share this week as Bitcoin underperformed many in the top 25.
Bitcoin hash rate finally build some positive momentum and bounced off the lows witnessed in Dec of 2019.
If you haven't yet, read below why the hash rate has been so important post Bitcoin halving
As of recent, Bitcoin Had Lower 1 year volatility Than Oil and Emerging Currencies. During Global Turmoil, BTC Continues To Evolve. Check out the twitter post
bitcoin hash rate 6th update. btc hash rate is rejecting a strong 1 year support level. Hash rate is now the lowest level in 2020, dipping into December 2019 levels. As we've stressed, keep your eyes on this fundamental. See the full thread below.