weeMAT News

The Bitcoin 200-day moving average reached a record high, indicating a positive long-term trend as the cryptocurrency continues to rebound from recent dips.

Quick Take Bitcoin’s short-term price action is currently navigating through an intriguing phase. For the first time, Bitcoin’s 200-week moving average (WMA) has surged above $30,000, indicating a significant shift in the baseline momentum of...

BTCs price broke above $27K as Grayscale wins their lawsuit against the SEC.

Despite its recent resurgence to regain the 200-week moving average (WMA), Bitcoin’s price has remained within a tight trading range for the past week. BlackRock’s announcement of integrating Bitcoin into their ETF portfolios and Bitwise’s refiling...

Quick Take Bitcoin is currently trading between 111DMA ($26.9k) and 200 WMA ($26.4k). According to Glassnode, The 111-Day Simple Moving Average, when used within the Pi-Top Oscillator, captures short-mid term market momentum. The 200-Week Simple...

CryptoQuant analyst, Greatest_Trader, revealed that there was possible selling pressure from Bitcoin’s [BTC] long-term investors. This opinion may not be surprising, especially as BTC led its investors into losses after falling from $22,000 on 13...

Bitcoin, the largest cryptocurrency, achieved a new three-month high this week, thereby wiping all the incurred losses in 2022. The cryptocurrency hit $48,070 on 29 March, before sliding back below the $47,810 mark. Nevertheless, at last, the Fear...

Bitcoin has been playing it safe, close to the $50K mark for the last five days as the larger market’s trajectory looked largely bullish, as the new year approaches. After three short-term recoveries, BTC’s trajectory finally managed to make higher...