Bitcoin price stayed above the $68,500 support zone. BTC is now consolidating and might aim for a fresh increase above the $70,150 resistance. Bitcoin found support near $68,500 and started a decent recovery wave. The price is trading below $70,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming…
Bitcoin Price Resurgence: Ready for Another Upswing? Read More »
The Bitcoin price has stalled after hitting the $71,000 level, floating in what is essentially a limbo of indecisiveness. Naturally, periods like these act as a predecessor to a massive move, but what direction the price might be headed in is another thing entirely. In an effort to pinpoint where Bitcoin is going, crypto analyst…
Is A Bitcoin Crash Below $50,000 Still Possible? Crypto Analyst Shares The Possibilities Read More »
The on-chain analytics firm CryptoQuant has explained why Bitcoin and Ethereum have recently appeared to be on a path towards acceleration. Bitcoin & Ethereum Are Looking Bullish In On-Chain Metrics In a new thread on X, the official CryptoQuant handle discussed how some important on-chain indicators are looking for Bitcoin and Ethereum right now. The…
Bitcoin & Ethereum On “Path To Acceleration,” CryptoQuant Explains Why Read More »
Philip Swift, the founder of the on-chain analytics platform LookIntoBitcoin, recently highlighted the significant increase in global liquidity, which just hit a new all-time high (ATH). Swift suggested this was a crucial indicator of how Bitcoin can rise in this bull run. The Most Important Indicator For Bitcoin Swift claimed that the global liquidity was…
Bitcoin On The Verge As Global Liquidity Nears New $100 Million ATH Read More »
Bitcoin traders are upbeat, confident that bulls have more legs to push prices above $72,000 and all-time highs. While the excitement about what lies ahead is primarily due to the mass inflow into spot Bitcoin exchange-traded funds (ETFs), Charles Edwards, the founder of Capriole Investments, has picked out multiple factors capping the current uptrend to…
VC Lists 2 Reasons Why Bitcoin Is Still Trending Below $100,000 Read More »
The Bitcoin recent foray into $70,000 price territory has again become a hot topic among investors, with many looking at a positive price outlook. As a result of this fascinating price action, the vast majority of long-term holders have seen their holdings cross into profit zone. Particularly, the positive outlook seems to be positive among…
Bitcoin Coinbase Premium Index Has Turned Positive At 0.006, Why This Is Important Read More »
In a new essay titled “Group of Fools,” Arthur Hayes, the outspoken co-founder of crypto exchange BitMEX, casts a critical eye over recent macroeconomic developments and their implications for the crypto market. Hayes, known for his direct and often provocative commentary, employs a blend of technical analysis, central banking critique, and currency market insights to…
Buy Now, Crypto Bull Market Returns, Says Arthur Hayes Read More »
Bitcoin price started a downside correction from the $71,650 resistance zone. BTC is now consolidating and might correct toward the $69,500 support. Bitcoin struggled above $71,500 and started a downside correction. The price is trading above $70,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with…
Bitcoin Dips Again: Temporary Setback or Buying Opportunity? Read More »
Bitcoin long-term holders are back in profit following the flagship crypto’s recent price surge. However, the same can’t be said for most short-term holders yet, given the levels at which they purchased their Bitcoin holdings. Only 0.03% Of Long-term Bitcoin Holder Supply In Loss In a recent market report, on-chain analytics platform Glassnode claimed that…
Bitcoin is in an uptrend and will likely breach the all-important liquidation line at $72,000. At the spot rate, the coin is up approximately 25% from May lows and may rally, even breaking all-time highs of $73,800. Retail Interest In Bitcoin Falling Even As Prices Approach All-Time Highs Even as Bitcoin prints impressive higher highs,…
Bitcoin Approaching All-Time Highs: Why Is Retail Interest Rapidly Declining? Read More »
The US spot Bitcoin Exchange-Traded Funds (ETFs) have been witnessing a historic run of inflows, marking 17 consecutive days of net additions. On a particularly notable Tuesday, these ETFs observed inflows totaling a staggering $886.6 million, ranking it as the second-highest single-day influx since their introduction. This was followed by another significant day of inflows…
Is The Bitcoin Price Manipulated? Experts Explain ‘Small’ Impact Of ETF Inflows Read More »
