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Top CryptoSlate News
BitcoinThe post Bitcoin’s Mayer Multiple Signals Wider Capitulation and Raising Speculation of Bottom appeared on BitcoinEthereumNews.com. Bitcoin ($BTC) has again entered a crucial territory this weekend, showing signals of deep capitulation. Specifically, the Mayer Multiple indicator of Bitcoin ($BTC) has plunged to 0.6, highlighting that the flagship crypto asset is trading up to 40% below the 200-day moving average thereof. As per the data from Cry…See the Story
Bitcoin’s Mayer Multiple Signals Wider Capitulation and Raising Speculation of Bottom
BitcoinThe post Binance trading data reveals why Bitcoin prices are sliding even as spot buyers flood the market with bids appeared on BitcoinEthereumNews.com. Bitcoin’s hard cap is easy to understand: there will only ever be 21 million coins. What’s hard to understand is that the marginal market is allowed to trade far more than 21 million coins worth of exposure, because most of that exposure is synthetic and cash-settled, and it can be created or re…See the Story
