Bitcoin Futures Bias Turns Neutral As OI Net Position Hits Zero – Details
Bitcoin has reclaimed the crucial $115,000 level after briefly dipping to $112,000 earlier this week, signaling renewed strength from the bulls. The sharp recovery highlights buyers’ resilience following recent volatility, with price action now showing signs of bullish dominance. This rebound comes as traders and investors brace for the potential next leg up, eyeing higher…
Bitcoin Short-Term Holders Move Into Profit: Is Another Sell-Off Looming?
Onchain analytics platform Glassnode has revealed that most Bitcoin short-term holders are in profit. This development has raised the possibility of the flagship crypto facing another sell-off from this category of holders, who may be unable to hold during this period of sideways action. 70% of Bitcoin Short-Term Holders Are in Profit A Glassnode report…
Bitcoin Season Or Altcoin Season? Shiba Inu Exec Outlines What’s Happening
The debate over whether the crypto market is in Bitcoin Season or on the verge of Altcoin Season has dragged on for many months, especially due to Ethereum’s price action in the past few days. LUCIE, Shiba Inu’s marketing lead, recently touched on the matter, sharing insights on what’s currently happening, what to expect for…
Analyst Outlines How Production Cost Determines XRP Price, But Is It Better Than Bitcoin?
A fresh debate in the crypto space has emerged over whether the cost of production significantly impacts the XRP price and the value of Bitcoin (BTC). Market expert CrediBULL Crypto has outlined how these costs influence XRP’s value compared to Bitcoin, concluding that both cryptocurrencies follow the same pricing formula. XRP Price Formula Mirrors That…
Bitcoin Bull Run At Risk? Binance Whale-To-Exchange Flow Signals Price Correction
After failing to decisively break above the $120,000 level in mid-July, Bitcoin (BTC) could face further price corrections as whales continue to increase BTC inflows to the Binance crypto exchange. Is Bitcoin Losing Its Bullish Momentum? According to a recent CryptoQuant Quicktake post by contributor Arab Chain, fresh data from the Binance Whale-to-Exchange Flow indicator…
Bitcoin Short-Term Holders Are Capitulating—Will June Pattern Repeat?
On-chain data shows that the Bitcoin short-term holders have switched to loss-taking recently. Here’s what this could mean for the asset. Bitcoin Short-Term Holder SOPR Has Dropped Below 1.0 In a new Spent Output Profit Ratio (SOPR), which tells us about whether the BTC investors are selling/moving their coins at a profit or loss. When…
Bitcoin Faces A Black Swan — Bitwise Sounds The Alarm
Last Friday’s US July Employment Situation release has delivered the kind of statistical jolt that rarely shows up outside crises, forcing traders to re-evaluate both the macro outlook and Bitcoin’s near-term path. Payrolls grew by just 73,000, but the shock lay in the record-large negative revisions: May and June were marked down by a combined…
The Bitcoin Order: US President Set To Sign Executive Order Protecting Bitcoin Access
In a bold move that could reshape the crypto landscape, the US President is reportedly preparing to sign an executive order aimed at protecting access to BTC and digital assets. If enacted, this landmark policy would redefine the relationship between digital assets and the US financial system. Bitcoin Steps Into The Political Spotlight Bitcoin has…
Bitcoin Investors Turn To ‘Smart DCA’ As Market Trades Below On-Chain Fair Value Of $117,700
Following a brief dip to $112,200, Bitcoin (BTC) has recovered slightly, trading around the $116,300 level at the time of writing. While concerns remain about BTC’s inability to decisively break the $120,000 resistance level, on-chain data suggests the asset may be in an accumulation phase – potentially gearing up for its next breakout toward a…
Bitcoin Price Roars Awake – $120K Within Striking Distance
Bitcoin price is again rising above the $115,500 zone. BTC is now consolidating and might aim for a move toward the $120,000 resistance zone. Bitcoin started a fresh increase above the $115,500 zone. The price is trading above $115,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with…