Key Takeaways Bitcoin’s price topped $84,257 on Sept. 21, reclaiming its 50-week MA. Coinglass recorded $212M in bitcoin short liquidations, lifting crypto’s cap toward $2.9T. Alex Thorn says 4 of 5 bear markets bottomed after reclaim; bitcoin’s next test is $87,600. Technical Milestones Signal Potential Cycle Bottom Bitcoin’s price crossed the $84,000 mark late Sept. 21 as the top cryptocurrency looked set to start the week building on momentum sparked by the failed CLARITY Act vote. The latest climb came as the cryptocurrency’s price closed the week above the 50-week moving average (MA) for the first time in 45 weeks. …
Bitcoin
Crypto
Eugene Investment & Securities has signed an agreement with blockchain company BEATOZ to test stablecoin settlement for tokenized securities subscriptions, targeting an onchain process that …
According to an analyst, the historical odds of a cycle low after a 50-week MA reclaim are 75% and 100% when the Covid crash …
