Bitcoin on-chain activity has picked up, with the hashrate, block times, and active addresses all showing a rebound from the weakness we highlighted yesterday. The news flow today has been positive as well, setting the tone for today's price action, as the theme turned from FUD to future growth and continued adoption. Will things look up for the rest of the week? https://learn.eqonex.com/news/daily-btc-analysis-150 |
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Given recent Chinese FUD, Bitcoin is actually performing incredibly well. After a nervous weekend session, BTC sits above support at 33.6K, while the market waits to see if we break below 30K or back above the relative safety of 36.4K. Will this be another week of continued range trading? https://learn.eqonex.com/news/daily-btc-analysis-149 |
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The slight up-tick in prices was accompanied by an increase in trading volumes across derivatives exchanges and options open interest. There have also been reports of a large build-up in short positions over the last week, and today we saw an increase in auto-liquidated leveraged short positions. Will this be the week we climb back above 40K? https://learn.equos.io/news/daily-btc-analysis-142 |
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Hear CEO Richard Byworth speak on Thursday, June 10 at 10:00AM EST/2:00PM UTC at LD Micro's Invitational XI Virtual Event to learn more about Diginex, EQUOS.io, $EQO, and more. Register here: https://ldmicrojune2021.mysequire.com/ |
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On-chain activity indicates the only thing increasing is Bitcoin accumulation rates. However, BTC moved to the lower bounds of the trading range, risking a sub-30K print if 32.2K does not hold. Despite supportive exchange behavior, will this week see a sub-30K print? https://learn.equos.io/news/daily-btc-analysis-140 |
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Bitcoin continues to trade sideways, with a largely uneventful weekend offering little in the way of price discovery. 37K capped the upside, and 35K limited losses. Will we continue trading sideways this week? https://learn.equos.io/news/daily-btc-analysis-139 |
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EQUOS users earn $EQO as they trade, and $EQO holders benefit from staking and fee reductions, with more utilities on the way. What is your favorite $EQO utility? Learn more: equos.io/eqotoken  |
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What a difference a day makes! Bitcoin rallied and took prices to 42K, now the next resistance level. Should we fall below 38.8K, then 33.8K awaits. Any move down will likely see more drama, as fear once again returns to the market. Will 38.8K hold? https://learn.equos.io/news/daily-btc-analysis-127 |
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The cryptosphere has seen drastic moves grip the market throughout the last two sessions. From the ATH to the intraday low, Bitcoin's price retraced 53%. Is this another dip to buy or the start of a bear market? https://learn.equos.io/news/daily-btc-analysis-124 |
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So far, 5.8M $EQO have been distributed, meaning there are only 15.1M left to be earned. Have you earned your share yet? Learn more here: equos.io/eqotoken  |
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Support at 42.18K gave way in early trade, moving prices lower. 38.8K seemed to offer some support until stops losses and auto-liquidations drove prices down to a low of 30K. To prevent further declines, hodlers will have to buy the dip. Should prices stay below 38.8K, we'll see retests of 33.78K and 30K. Will we close above 38.8K today? https://learn.equos.io/news/daily-btc-analysis-126 |
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Join CEO Richard Byworth next week Tuesday on Satoshi Street Bets for an AMA discussing EQUOS, EQUOS Origin (EQO), and more. Join here: t.me/satoshistreetbets  |
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Bitcoin stayed within yesterday's range. The early rally was met with selling and prices are now above 42.2K. We are at a crossroads: Its next move, either below 42K or above 47K, will be big news. Which do you think it will be? https://learn.equos.io/news/daily-btc-analysis-125 |
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How will your $EQO benefit you? Find out more on: EQUOS.io/EQOtoken.  |
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