Bitcoin’s Next Bull Phase Could Be Near As BTC-Stablecoin Ratio Plummets
As Bitcoin (BTC) continues to trade in the high $100,000 range following the October 9 crypto market crash, some bullish signs are starting to emerge. Notably, stablecoin reserves on leading crypto exchanges like Binance are entering all-time high (ATH) territory, hinting at a potential rally for BTC. Stablecoin Reserves Rise – Will Bitcoin Benefit? According…
Bitcoin Cycle Top Still Not In, Suggests NVT Golden Cross
On-chain data shows the Bitcoin NVT Golden Cross has still not breached into the territory that marked the tops of previous cycles. 30-Day EMA Of Bitcoin NVT Golden Cross Is Still Below Overheated Zone As pointed out by an analyst in a CryptoQuant Quicktake Network Value to Transactions (NVT) Ratio is an on-chain indicator that…
Bitcoin Price Slides Lower — Bears Tighten Grip Amid Weak Market Sentiment
Bitcoin price is attempting to recover above $107,500 and $108,000. BTC could rise further if there is a clear move above the $109,500 barrier. Bitcoin started a fresh recovery wave above the $108,000 resistance level. The price is trading below $109,000 and the 100 hourly Simple moving average. There is a short-term declining channel forming…
Crypto Winter Looms: These Key Signals Point To A Deeper Crash Ahead
The broader crypto market is currently navigating a phase of uncertainty, with concerns mounting over the possibility of a new bear market. A recent analysis by Barchart analyst Rob Isbitts highlights three significant signals suggesting that a deeper retreat in crypto prices may be on the horizon. Emerging Correlations Among Crypto Prices The report points…
Bitcoin At A Battleground — This Price Range Will Decide the Next Cycle Phase
The concept of a price battleground in Bitcoin markets refers to a critical price range where the forces of buying and selling pressure are in a fierce and decisive contest. This is where the outcome is expected to determine BTC’s overall direction and confirm a continuation of a bull market or bear market correction. Why…
Analyst Says 55% Chance Bitcoin Bull Run Isn’t Over Yet – Here’s Why
While Bitcoin (BTC) has declined more than 13% from its fresh all-time high (ATH) of $126,199 recorded earlier this month on October 6, CryptoQuant contributor PelinayPA is confident that there is a 55% chance that the BTC top for this market cycle is not in yet. Bitcoin Top Not In Yet – More Upside Ahead?…
Bitcoin Weekly RSI Points To More Upside, But Can the Bulls Defend $107,000?
Bitcoin’s weekly chart shows promising signs of strength as the RSI continues to climb, hinting at the potential for further upside. However, the battle isn’t over yet. With price hovering near the critical $107,000 support, bulls must defend this level to prevent deeper downside pressure. RSI And Price Alignment: A Textbook Case Of Momentum Confirmation…
Bitcoin Whale Goes Big — $255M Longs Opened Before Trump–China Summit
Bitcoin and Ethereum rose after US President Donald Trump confirmed a meeting with China’s leader during the APEC summit on October 31. Based on reports, Bitcoin climbed nearly 4% while Ethereum gained about 5% and traded around $4,030. The whole market added roughly $100 billion in value in a short window, according to market watchers.…
Bitcoin Enters ‘Disbelief Phase’ – Could Short Sellers Face The Next Squeeze?
After the massive crash on October 10 – which saw Bitcoin (BTC) touch $102,000 before recovering some losses – some analysts now predict that the top cryptocurrency may be on the verge of another bullish rally as it enters the ‘disbelief phase.’ Bitcoin In Disbelief Phase – Trouble For Bears? According to a CryptoQuant Quicktake…
Bitcoin’s Creator Just Took A $20 Billion Hit — If He’s Still Watching
Satoshi Nakamoto’s Bitcoin stash lost more than $20 billion as markets pulled back this month, erasing a chunk of paper wealth tied to the anonymous founder’s early coins. The drop came after Bitcoin skimmed record highs and then tumbled in a fast, wide sell-off that hit many traders and funds. Satoshi’s Holdings And Recent Value…