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Bitcoin Long-Term Holders Slow Down After 700,000 BTC Selloff, Reversal Sign?

Bitcoin News

On-chain data shows the Bitcoin long-term holder selling pressure has been running out recently after an extended selloff from the group. Bitcoin Long-Term Holders Have Sold Huge In Past 4 Months As analyst James Van Straten explained in a long-term holders” (LTHs) here refer to the Bitcoin investors carrying their coins since more than 155…

Bitcoin Long-Term Holders Slow Down After 700,000 BTC Selloff, Reversal Sign? Read More »

Bitcoin Analyst Set Sight On $79,591: Urges Traders To Be Patient

Bitcoin News

While Bitcoin prices hover around 15% below their all-time highs, with some skeptics predicting more losses, one analyst on X expects the coin to bounce strongly, even breaking above all-time highs. Taking to X, the trader argues that Bitcoin has yet to breach the Golden Ratio Multiplier’s Cycle Top, currently sitting at $79,591. Supposedly, the analyst continues,…

Bitcoin Analyst Set Sight On $79,591: Urges Traders To Be Patient Read More »

Analyst Points To Possible 30% Bitcoin Correction, Calls For Caution

Bitcoin

Popular cryptocurrency expert Cold Blooded Shiller has made a grim prediction that Bitcoin may be on the verge of a significant correction and could crash as low as 30%, given the current heightened volatility in the market.  Bitcoin Could Be Poised For 30% Pullback Cold Blooded Shiller believes it is important to note that Bitcoin…

Analyst Points To Possible 30% Bitcoin Correction, Calls For Caution Read More »

Bitcoin Has Next Major Demand Zone At $56,000: Brace For Impact?

Bitcoin News

On-chain data shows the next major Bitcoin demand zone is around $56,000, a level BTC might end up revisiting if the decline continues. Bitcoin Has Next Major On-Chain Support Around $56,000 According to data from the market intelligence platform IntoTheBlock, BTC’s recent drawdown has meant that it may end up having to rely on the…

Bitcoin Has Next Major Demand Zone At $56,000: Brace For Impact? Read More »

Bitcoin Investors In The Red: Losses Trump Profits As Ratio Dips Below 1

Bitcoin

Investors are bracing themselves for a rollercoaster ride as Bitcoin, the flagship digital asset, navigates through choppy waters. Recent data from Glassnode has revealed a noteworthy development: the Realized Profit/Loss Ratio for Bitcoin has dipped below one. This crucial metric, which compares the sell value of Bitcoin with the price at which it was bought,…

Bitcoin Investors In The Red: Losses Trump Profits As Ratio Dips Below 1 Read More »

Why The Bitcoin Halving Matters, But Not The Way You Think: Expert

Bitcoin

David Lawant, Head of Research at FalconX, a digital assets prime brokerage with trading, financing, and custody for leading financial institutions, recently offered an analysis on X (formerly Twitter) regarding the evolving role of Bitcoin halvings in market dynamics. This analysis challenges the traditional view that halvings directly and significantly affect Bitcoin’s price, instead highlighting a…

Why The Bitcoin Halving Matters, But Not The Way You Think: Expert Read More »

Bitcoin Bears Beware: $3 Billion Short Liquidation Looms At This Price Mark, Warns Analyst

Bitcoin News

The Bitcoin market is currently on edge as prominent analyst Crypto Rover warns of a potential liquidation event that could negatively affect the short holders. With Bitcoin trading within a significant consolidation phase, as revealed by Rover, analysis suggests that over $3 billion in short positions could face liquidation should Bitcoin climb back to a…

Bitcoin Bears Beware: $3 Billion Short Liquidation Looms At This Price Mark, Warns Analyst Read More »

Lost Treasure Found? Bitcoin Miner Transfers Over $3 Million BTC After 14-Year Dormancy

Bitcoin News

According to the on-chain analysis platform Lookonchian, a long-dormant Bitcoin (BTC) wallet dating back to April 2010, recently transferred 50 BTC, equivalent to $3.328 million. Unraveling The Transaction: An Exploration of Potential Motives As reported by Lookonchian, 50 BTC mined over 14 years ago, when each block reward was 50 BTC, was divided into two…

Lost Treasure Found? Bitcoin Miner Transfers Over $3 Million BTC After 14-Year Dormancy Read More »

Bitcoin Whales Showing Different Behavior From Past Cycles, But Why?

Bitcoin News

On-chain data suggests the Bitcoin whales have been showing different behavior regarding exchange inflows from the last cycle. Here’s why this may be so. Bitcoin Whales Are Showing Different Behavior In Exchange Inflows This Time As an analyst explained in a CryptoQuant Quicktake post, the BTC whales’ movements have been different this time compared to…

Bitcoin Whales Showing Different Behavior From Past Cycles, But Why? Read More »

Analysts Bullish On Bitcoin Despite Peter Schiff’s $20,000 Doom Scenario

Bitcoin News

Over the weekend, the Bitcoin (BTC) crash had the crypto community on its toes. With the price dropping to $60,000, many investors worried that the flagship cryptocurrency was in trouble ahead of the “Halving” event. Amid the correction, Bitcoin critic Peter Schiff claimed that his previous predictions regarding spot Bitcoin ETFs (exchange-traded funds) were correct…

Analysts Bullish On Bitcoin Despite Peter Schiff’s $20,000 Doom Scenario Read More »

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