The outflows from the Grayscale Bitcoin ETF rocked the market hard last week, leading to a dramatic decline in the BTC price. However, with the new week, there has been a change in direction as investors begin to get bullish on Bitcoin once more. As a result, the outflows from the Grayscale ETF have slowed…
Grayscale Bitcoin ETF Sees Drastic 60% Drop In Outflows, Why This Is Important Read More »
One analyst on X thinks Bitcoin bulls may be in for a treat in the coming months after one key indicator printed a buy signal for the first time in nearly a decade. While pointing to a bullish crossover on the 2-month chart’s Golden Moment Indicator, the analyst said the signal is again flashing green in…
Bitcoin Ready To Rip? Indicator Prints Bullish Signal After 9 Years Read More »
Charles Edwards, founder of the Bitcoin and digital asset hedge fund Capriole Investments, published a detailed examination of Bitcoin’s current market phase suggesting a bullish trajectory, potentially reaching the $100,000 mark. The analysis hinges on the identification of a Wyckoff ‘Sign of Strength’ (SOS), a concept derived from the century-old Wyckoff Method that studies supply…
Wyckoff ‘SOS’ Could Catapult Bitcoin To $100,000: Hedge Fund Manager Read More »
Bitcoin (BTC) is poised for a potential surge after forming a bullish technical pattern and attracting a wave of institutional investment. The world’s leading cryptocurrency recently surpassed the $70,000 mark, setting the stage for a possible breakout that could eclipse its current all-time high of $73,750. This optimistic outlook comes from analyst Ali Martinez, who…
Bullish Winds Blow: Bitcoin Bull Flag Points To New $77,000 ATH: Analyst Read More »
Bitcoin price is again rising above the $70,000 resistance zone. BTC seems to be setting up for a steady increase above the $71,500 resistance zone. Bitcoin price is climbing higher and above the $70,000 resistance zone. The price is trading above $70,500 and the 100 hourly Simple moving average. There is a crucial bullish trend…
Bitcoin Price Primed To Clear $71,500 and Rally Again Read More »
An analyst has explained that a breakout from a bull flag pattern could lead Bitcoin to surging towards a new all-time high of $77,000. Bitcoin Has Been Forming A Bull Flag Pattern Recently In a new bull flag” here refers to a pattern in technical analysis that, as its name implies, looks like a flag…
Bitcoin Bull Flag Could Predict 10% Surge To $77,000, Analyst Explains Read More »
Ki Young Ju, the founder of CryptoQuant, a blockchain analytics firm, has noticed a curious trend. In a post on X, the founder shared a snapshot suggesting that Bitcoin “old whales” might be shifting their holdings to “new whales,” mainly traditional finance heavyweights like Fidelity and BlackRock. The United States Securities and Exchange Commission (SEC) recently approved…
Are Old Bitcoin Whales Selling Or Mitigating Risks Using Spot BTC ETFs? Read More »
Bitcoin bulls look to be firmly back in the driver’s seat following weeks of seeing BTC suffer a bearish sentiment with its price dips. The current bullish outlook for the flagship crypto is evident in the fact that the Spot Bitcoin ETFs are again recording an impressive amount of inflows. Spot Bitcoin ETFs Record $243…
The Bulls Are Back: Spot Bitcoin Inflows Surge With New Records Read More »
Following a week of net outflows, the spot Bitcoin ETF market has rebounded with impressive net inflows this week, highlighting a growing investor confidence in Bitcoin and its associated financial products. This week’s market activities have shown a remarkable reversal from the previous 5-day net outflow streak, with Tuesday witnessing a substantial net inflow of…
Bitcoin ETF Inflows Could Eclipse $1 Trillion, Predicts Bitwise CIO Read More »
The crypto community’s attention has been drawn to a Bitcoin whale who recently moved a huge portion of their BTC holdings across different wallets. This action has sparked the curiosity of those in the community about the reason for these transactions. Bitcoin Whale Moves $6 Billion In BTC Blockchain analysis platform Arkham Intelligence first brought…
Fifth Largest Bitcoin Whale Moves $6 Billion In BTC, Here’s The Destination Read More »
On-chain data shows the Bitcoin “Liquid Inventory Ratio” has dropped to an all-time low. Here’s what this could mean for the asset. Bitcoin Sell Side Liquidity Is Low Relative To Demand Right Now In a post on X, CryptoQuant founder and CEO Ki Young Ju discussed the recent trend in the Liquid Inventory Ratio for…
Bitcoin “Liquid Inventory Ratio” Hits All-Time Low, What It Means Read More »
