New Bitcoin Whales Sitting On 185% Higher Cost Basis Than HODLer Whales, Data Shows
On-chain data shows the Bitcoin short-term holder whales have recently been entering at three times higher prices than the cost basis of the long-term holder whales. New Bitcoin Whales Have Cost Basis Around $91,900 In a new Realized Price” here refers to an indicator that keeps track of the cost basis or acquisition level of…
Bitcoin Reaches $103K as Funding Rate Turns Positive Post-Liquidations
Bitcoin has revisited the $100,000 mark for the first time in months, gaining nearly 5% in the past week. As of the time of writing, BTC is trading at $102,922, up 3.5% on the day and just 5.2% shy of its all-time high of $109,000 recorded in January. The latest push above this critical psychological…
Bitcoin Price Flashes Signal That Has Led To A Surge Every Time
The surge to a new all-time high. Bollinger Band Signal Hints At Bitcoin Price Rally A closer look at Bitcoin’s weekly chart upward movement in Bitcoin’s price, making this a highly bullish setup. The signal in question is the Bollinger Bands, which is known to identify potential reversal zones. The analysis shows that Bitcoin has…
Trump Trade News Ignites Bitcoin Mania—$100K Coming?
Bitcoin approached the $100,000 threshold on Wednesday after teasing a big international trade deal by US President Donald Trump. The agreement, as reported by The New York Times, will be with the United Kingdom and is to be formally announced at the White House on Thursday. The cryptocurrency was at $99,200 as of publication, having…
Bitcoin Price Surges Past $100K—Bull Market Officially Back?
Bitcoin price started a fresh surge above the $100,000 zone. BTC is rising and might aim for a move toward the $105,000 resistance. Bitcoin started a strong increase above the $98,500 resistance zone. The price is trading above $100,500 and the 100 hourly Simple moving average. There is a new connecting bullish trend line forming…
Bitcoin Shows Impressive 4H Strength – A Shift Toward Upside Break
Bitcoin is finally showing signs of strength as it attempts to push above the $98,000 level, signaling a potential end to months of volatility and selling pressure. For the first time in weeks, bulls appear firmly in control, reclaiming momentum and building a case for a sustained uptrend. After a prolonged period of uncertainty, BTC…
Bitcoin Price Eyes $100K as Bulls Regain Momentum, Buy Dips?
Bitcoin price started a fresh increase above the $96,500 zone. BTC is rising and might aim for a move toward the $100,000 resistance. Bitcoin started a decent increase above the $96,500 resistance zone. The price is trading above $96,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend…
Bitcoin Rebounds After Sharp Drop As Whales Fuel Push Toward $100K
Bitcoin fell hard before recovering as prices plummeted below $95,000, retreating below $94,600 and even as low as $93,395. But buyers emerged at around $94,000, halting the decline and allowing BTC to recover fast. Then, the coin started rising again, piercing through pivotal levels that had earlier served as resistance. Key Resistance Levels Broken As…
Elliot Wave Theory Shows Where Bitcoin Is In This Cycle – Bull Rally Over?
Crypto analyst Tolimanu has used the Elliott Wave Theory to provide insights into where Bitcoin currently is in this market cycle. Based on his analysis, the bull run is not yet over, with the flagship crypto set to reach new highs. Elliot Wave Theory Shows Bitcoin’s Current Position In This Cycle In an X post,…
Bitcoin Network Activity In Bear Market Zone—Warning Or Opportunity?
On-chain data shows the Bitcoin network activity has recently declined into the bear market zone. Here’s what this could mean for the asset. CryptoQuant’s Bitcoin Network Activity Index Is Flashing A Bear Market Signal As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin Network Activity Index has recently been inside the…