Bitcoin Short-Term Holder Floor Rises Toward $100,000, Reinforcing Bullish Sentiment
Following a quick drop to nearly $98,000 over the weekend, Bitcoin (BTC) has recovered most of its recent losses and is now trading above $107,000 at the time of writing. Fresh on-chain data suggests that the short-term holder (STH) floor for BTC has been steadily rising toward the $100,000 level. Bitcoin STH Floor Approaching $100,000…
Bitcoin Exchange Activity Declines as Accumulation Patterns Persist
Following a weekend dip, Bitcoin has reclaimed the $100,000 price mark, signaling renewed short-term strength amid geopolitical tensions. As of the time of writing, BTC is trading at $105,323, up by 4% in the last 24 hours. The price recovery arrives in broader investor sentiment shifts, both in on-chain behavior and exchange activity. A recent…
Bitcoin Poised For Rally As Geopolitical Tensions Ease And Inflation Expectations Fall
Leading crypto exchange Binance witnessed a significant outflow of Bitcoin (BTC) and Ethereum (ETH) on June 23, with investors pulling out over 4,000 BTC and 61,000 ETH in a single day. This shift comes amid easing geopolitical tensions and declining inflation, fuelling speculation about a renewed rally. Bitcoin Likely To Rally As Global Tensions Simmer…
Bitcoin Binary CDD Hints At Healthy Consolidation, Not A Top
After a brief drop to $98,000 over the weekend, Bitcoin (BTC) has recovered and is now trading above $101,000 at the time of writing. While concerns about a potential double top persist, on-chain data has yet to show any major warning signs. Bitcoin Undergoing Healthy Consolidation According to a recent CryptoQuant Quicktake post by contributor…
Bitcoin’s Drop Below $100k Sparks Bearish Chatter, But Data Says Something Else
Bitcoin has rebounded slightly after dropping below the $100,000 mark, a decline attributed to escalating geopolitical tensions. The digital asset reached lows of approximately $98,974 following reports of US military strikes on Iran. At the time of writing, Bitcoin has regained some ground and is trading at $102,1010, representing a 2.4% increase over the past…
Bitcoin Crashed Below $100,000 Amid US Airstrikes On Iran And Market Sell-Off
The market’s leading crypto, Bitcoin (BTC), dipped below the $100,000 mark for the first time in over a month on Sunday, following US airstrikes on Iran as conflicts in the middle east continue to escalate. This decline, which saw the Bitcoin price drop approximately 4% to around $99,300, coincided with a broader market sell-off, with…
All Signs Point To A Bitcoin Liftoff—Here’s What The Experts See
Based on reports from analyst Moustache, Bitcoin may be gearing up for its next big move. The world’s largest cryptocurrency climbed above $105,000 for the second time this week. At press time, it was trading at nearly $104,000, up 0.50% over the past 24 hours. Historical RSI Breakouts Could Signal New Push According to the…
XRP Daily RSI Trendline Breaks Down – What It Means For Price
After not necessarily bullish in the short term. XRP RSI Breakdown: Loss Of Strength In Momentum According just broken beneath a well-respected trendline that had been tracking higher lows since early April. The breakdown of this RSI structure, which is shown on the lower half of the chart below, is a strong shift in the…
XRP On-Chain Activity Down 80% In 5 Months, Experts Argue Bullish/Bearish Implications
XRP’s on-chain metrics are reportedly painting a foreboding picture for its price outlook, as data shows a steep 80% decline in new wallet creation over the past five months. This drop in network activity has sparked divided opinions between two expert analysts, with one casting doubts on XRP’s ability to reclaim the $3 mark, and…
Bitcoin May Surprise Bears: $100K–$110K Range Shows Rising Short Interest
While Bitcoin (BTC) has remained range-bound – trading between $100,000 and $110,000 for about a month – both short and long positions have been building within this range, with short positions rising at a faster pace. Bitcoin Long Positions Slightly Ahead But Shorts Catching Up After reaching a new all-time high (ATH) of $111,814 last…