The bitcoin network difficulty has crossed the signal line on the 2 day chart and the 3 day chart for the first time ever. This could be an interesting long term sell signal.
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For BTC, we are currently at a crucial state, with many attempts at the 10k mark. All fundamentals considered, we do believe it is only a matter of time for the break to the upside. However, looking at...
The chart speaks for itself. The extrapoled price comes from the "2018 miner capitulation" that caused the price to drop 50%. Will we go back to $3,800? Unlikely, but clearly this is possible if the capitulation is as aggressive as 2018. Notably the VPVR is supporting the price target of $3,800, as is the extrapolation, with forecasted price for the block halving...