The Bitcoin price has soared past the $71,000 mark. In the past 24 hours alone, the price of Bitcoin surged by 6.5%, climbing from just below $65,500 to reach $71,491. This remarkable rally can be attributed to a combination of factors that have collectively contributed to the upward trajectory of the world’s leading cryptocurrency. Here’s…
Bitcoin Price Surges Past $71,000: 4 Key Reasons Behind The Rally Read More »
Bitcoin price is rising and now trading above $70,000 resistance zone. BTC could continue to rise toward the $73,000 and $75,000 levels in the near term. Bitcoin price remained in a positive zone above the $66,500 level. The price is trading above $70,000 and the 100 hourly Simple moving average. There is a connecting bullish…
Bitcoin Price Reclaims $70K And Signals Fresh Surge To $75K Read More »
Bitcoin whales have been very active in the past few days as the crypto continues to trade below $68,000. Notably, on-chain data has shown a trend of accumulation among Bitcoin whales, with large bouts of the cryptocurrency leaving crypto exchanges into private wallets. These massive transfers appear to have piqued the interest of a few…
Bitcoin Whales Remove A Staggering $2.3 Billion From Exchanges, Is It Time To Buy? Read More »
Data shows Bitcoin is currently retesting a major on-chain resistance level, and a break above which can potentially lead to a surge in its price. Bitcoin Has Major On-Chain Resistance Around $67,000 As pointed out by analyst Ali in a on-chain resistance barrier. In on-chain analysis, any level’s potential to act as support or resistance…
Bitcoin Retests Resistance: Here’s The Level A Break Could Lead To Read More »
Cryptocurrency expert and analyst Doctor Profit has identified regions that are vital for Bitcoin (BTC) presently, which could possibly propel the crypto asset’s price to unprecedented heights at a very fast pace. For the most part, the cryptocurrency community is concerned about the way that Bitcoin’s price has performed during the last week. Nonetheless, Doctor…
To Infinity And Beyond: Analyst Forecasts Bitcoin To Hit $100,000 In High-Speed Read More »
Here’s what the latest trend in the Bitcoin Market Value to Realized Value (MVRV) ratio suggests about where the market is currently in terms of a top. Bitcoin MVRV Ratio Has Seen A Decline To The 2.34 Level According to data from the market intelligence platform IntoTheBlock, the BTC MVRV ratio surged high earlier this…
Bitcoin Top In Yet? What The Legendary MVRV Ratio Says Read More »
Crypto expert popularly known as KSI has shared his thoughts on how the significant dips on its way to a new all-time high of $100,000. $80,000 Could Be Next For Bitcoin KSI mentioned in an X (formerly Twitter) correction could quickly follow, as the crypto analyst remarked that Bitcoin would drop to between $50,000 and…
Bitcoin To $50,000 Or $80,000? Crypto Expert Predicts Where Price Is Headed Next Read More »
Bitcoin price is again attempting an upside break above $68,000 resistance zone. BTC could rally if it clears $67,500 and $68,000 in the near term. Bitcoin price started a decent increase above the $65,000 zone. The price is trading below $65,000 and the 100 hourly Simple moving average. There is a key bullish trend line…
Bitcoin Price Aims Key Upside Break As Dips Turn Attractive Read More »
The on-chain analytics firm Glassnode has explained that Bitcoin tends to reach a potential top when the long-term holders show this pattern. Bitcoin Long-Term Holders Have Been Ramping Up Distribution In a new report, Glassnode discussed the influence that the BTC long-term holders have on the cryptocurrency’s supply dynamics. The “long-term holders” (LTHs) here refer…
Bitcoin Long-Term Holders & Price Top: Glassnode Reveals Pattern Read More »
In line with the decline in Bitcoin’s price, the spot Bitcoin ETF market has appeared rather gloomy in recent days. According to data from analytics firm BitMEX Research, these BTC ETFs have recorded a negative netflow for the last four trading sessions. This situation has been marked by large levels of Grayscale’s GBTC outflows and…
Bitcoin ETF Netflows May Experience Rebound If This Price Is Attained, Analyst Explains Read More »
