Even Bitcoin Fundamentals Are Hinting At a Significant Correction Ahead

Bitcoin just had its largest 48-hour pullback since May 2020, back when the asset’s halving took place.

Sundays Are the Perfect Time to Buy the Bitcoin Dip, Data Shows

New data shows Sunday evening is the best time to buy Bitcoin at a ‘discount’. Recent data shows that Sunday evening is the best time to buy Bitcoin (BTC) according to Capriole digital asset manager Charles Edwards.

Bitcoin Price Can Hit $20K When US Banks Invest 1% of Assets — Analyst

The increasing institutional interest in Bitcoin is “not hard to see” as US regulators green light custody this week. Bitcoin (BTC) will pass $20,000 if United States banks invest even 1% of their assets, one analyst believes. Discussing institutional uptake of Bitcoin on July 23, Capriole digital asset manager Charles Edwards said that it was “not hard to see” the unfolding trend. “Not hard to see where this is going” “If US banks put just 1% of their assets into Bitcoin as an investment, hedge or insurance… the Bitcoin price more than doubles,” he wrote on Twitter, adding: “Just 1 NASDAQ stock (Grayscale) already owns 2% of circulating Bitcoin supply today.

Analysts Claim Bitcoin’s 76 Day Stability ‘Bullish’: Hash Ribbons Cross and 2016 Patterns

The price of bitcoin has been very stable lately, and the crypto asset has been trading in a less volatile range just above $9k per coin for 76 consecutive days.

Bitcoin Hash Ribbon Signal Confirms ‘Great Bull Run,’ Says Analyst

The Hash Ribbon indicator has just gone off indicating the start of a “great bull run” for Bitcoin price, according to one market analyst. According to a digital asset investment firm executive Charles Edwards, a “Hash Ribbon” buy signal has just gone off.

Bitcoin Closing Above This Level Triggers The Most Profitable Buy Signal Ever

The most significant confirmation that Bitcoin is about to begin a new bull run could arrive as soon as tonight’s daily and weekly close.