Bitcoin crashes below $30K, but on-chain data suggests accumulation is brewing

Despite Bitcoin (BTC) crashing below $30,000 for the first time in one month, on-chain metrics suggest whales may be steadily accumulating BTC. According to Glassnode’s Monday “The Week On-Chain” report, the Bitcoin reserves of centralized exchanges have continued to evaporate despite the recently sustained bearish momentum, with an average of 36,000 Bitcoin (worth roughly $1… Continue reading Bitcoin crashes below $30K, but on-chain data suggests accumulation is brewing

Bitcoin price at risk of $30K retest following bearish triangle breakdown

Bitcoin’s (BTC) price looks poised to retest $30,000 as traders continued to pull back from upside bets on a spell of a bearish technical pattern. Dubbed as a Symmetrical Triangle, the structure forms when an asset fluctuates between two converging trendlines. In doing so, the asset rebounds after testing the Triangle’s lower trendline as support… Continue reading Bitcoin price at risk of $30K retest following bearish triangle breakdown

Bitcoin price drops under $30K as ‘moment of truth’ arrives, says trader

Bitcoin (BTC) retested the $30,000 support on Jan. 27 as a day of losses culminated in violation of the psychologically significant price level. BTC price spooks amid GameStop row Data from Cointelegraph Markets and Tradingview showed any bullish momentum left in Bitcoin dissipate on Wednesday after rejection at highs near $33,000. “Another $30,000 retest for… Continue reading Bitcoin price drops under $30K as ‘moment of truth’ arrives, says trader

Fund Manager Predicts Bitcoin Will Hit $30k By Year End, Gives Three Reasons

Jihan Chu, Kenetic Capital co-founder, in an interview with Bloomberg has made a prediction on Bitcoin’s price tag by the end of the year. According to Chu, Bitcoin will hit a high of $30,000 by the end of the year. He went on to give three reasons for his bullish sentiment. The analyst cited the… Continue reading Fund Manager Predicts Bitcoin Will Hit $30k By Year End, Gives Three Reasons

Mum of three who stole £30k in benefits by posing as a single parent exposed by pictures of her cuddling partner on Facebook

A MUM who stole more than £30,000 in welfare handouts by posing a single parent was unmasked as a cheat after investigators found pictures of her cuddling her partner on Facebook. Stephanie Teare, 43, pocketed extra allowances courtesy of the taxpayer after falsely claiming she cared for her children alone – yet was living with… Continue reading Mum of three who stole £30k in benefits by posing as a single parent exposed by pictures of her cuddling partner on Facebook