Bitcoin Reserves On Exchanges Hit Highest Level Since June 25 – Is BTC In Danger?
As Bitcoin (BTC) continues to hover in the high $110,000 range, on-chain data suggests that a short-term price pullback may be imminent. That said, the broader market structure remains firmly bullish. Bitcoin Exchange Reserves Hit Near-Month High According to a recent CryptoQuant Quicktake post by contributor ShayanMarkets, BTC reserves on centralized exchanges have risen to…
Bitcoin Re-Enters Profit Zone As Greed Rises, But Rally To $200,000 Still Possible
Bitcoin reached a new all-time high of $122,838 on July 14, but has since slipped into a phase of consolidation around the $118,000 level. The recent pause in upward momentum hasn’t dampened market sentiment, which remains firmly bullish. According to Coinmarketcap’s Fear & Greed Index, Bitcoin is still currently sitting at a greed level of…
Warning Signs Flash As Bitcoin Miners Unload At Record Pace
Bitcoin’s run above $120,000 has drawn fresh selling from the very people who dug it up. On July 15, miners sent a hefty 16,000 Bitcoin to exchanges—the most in a single day since April—raising questions about how long the rally can keep climbing. According to CryptoQuant data, those daily outflows edged past the earlier high,…
Bitcoin Won’t Save You—Peter Schiff Says Gold Will Win As Trump Wrecks The Dollar
Gold proponent Peter Schiff hit out at US President Donald Trump’s support for cryptocurrency, calling Bitcoin a “decentralized Ponzi scheme” wrapped in the American flag. He warned that pushing digital assets at home could erode trust in the dollar. Schiff said that, while some may cheer weaker paper money, it will be gold that wins…
House Passes Major Bills During ‘Crypto Week,’ But Significant Changes May Take Time
Despite the excitement surrounding what President Donald Trump has dubbed “Crypto Week,” experts caution against premature celebrations in the cryptocurrency space. The House of Representatives recently passed three significant bills aimed at regulating digital assets, marking a pivotal moment for the industry. However, these legislative changes are not expected to take effect for quite some…
Bitcoin Miner Sales Surge To Highest Level Since April – Details
Bitcoin is currently holding above the $115,000 level after setting a new all-time high of approximately $123,000 last Monday. The price structure remains firmly bullish, with buyers still in control, but growing signs suggest the potential for a short-term correction. Momentum has slowed, and the market is entering a consolidation phase as traders reassess risk.…
Why Bitcoin Price Failed To Break $123,000 In The Past Week — Analyst Explains
The crypto market was a story of two distinct halves, one of which saw the Bitcoin price soar to multiple all-time highs. After reaching its all-time high of around $122,800, the premier cryptocurrency has succumbed to a sobering wave of bearish pressure in the past few days. This recent wave of downward pressure was precipitated…
Analyst Predicts Bitcoin Price Crash: Rejection From $120K Puts Altcoins At Risk
Bitcoin’s price action has turned somewhat sluggish after its unprecedented climb to a new all-time high of $122,838 on July 14. The rapid push to that level was preceded by a week of frenzied trading and heavy inflows, with BTC breaking through multiple resistance zones in quick succession. However, once that peak was hit, a…
Bitcoin Sees Long-Term Holders Sell As Short-Term Buyers Step In – Sign Of Rally Exhaustion?
As Bitcoin (BTC) continues to set new all-time highs (ATH) – reaching $123,218 on Binance on July 13 – on-chain data reveals a shift in holder behavior that could threaten the cryptocurrency’s bullish momentum. Bitcoin Holder Rotation May Derail Rally According to a CryptoQuant Quicktake post by contributor IT Tech, long-term Bitcoin holders (LTH) –…
Bitcoin Climbs, But NVT Indicator Sends a Surprising Signal
Bitcoin’s recent price action has continued its upward trajectory, with the asset trading as high as above the $120,000 price mark in the past 24 hours. The move suggests persistent bullish momentum following a period of sharp decline earlier this week. As the price inches closer to its all-time high, on-chain data is starting to…