Any hints about where Bitcoin and Ethereum are heading? Many. They are just all over the place and not precisely positive.
Instead, investors may seek safety in low-volatile assets, including the U.S. dollar and government bonds.by 0.5% to 110 on Sept. 19 after its highest weekly close since 2002.yield 3.79% if held until maturity, thus offering investors a safer investment alternative with guaranteed returns in the short term. Similarly, the U.S. 10-year Treasury yield has surpassed its June high when Bitcoin dropped to yearly lows.Other shorter-dated and longer-dated T-bills yield similar returns.
First, the Bitcoin Spent Output Age Bands , which tracks spent BTC and bundles them into categories depending on their age, showed the movement of more than 5,000 BTC on Sept. 4.
"This indicator showed signal 7 in the past and fell 6 times except for 1 The fact that the long-term holder moved the BTC means that there will be an unusual price movement in the future."The user also highlighted a recent rise in Ether dominance to over 20%, noting that it typically hints at a bubble that's about to pop. An excerpt reads:
"When #BTC is simply transverse, the excessive rise of Ethereum creates a bubble. In particular, if the ETH dominance rises by more than 20%, it provides a good timing to enter the short position."From a technical standpoint, Bitcoin has entered the breakdown stage of its prevailing"bear flag" pattern, now eyeing an extended decline toward the flag's profit target at around $14,500 in 2022.Meanwhile, Ether has also been breaking out of a symmetrical triangle.
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