86 / 97 Relevant items tagged with #BTCUSD

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Bitcoin Korea Premium Index Turns Red, Decline Incoming?

[Apr 7, 2023 10:00 AM] Data shows the Bitcoin Korea Premium Index has taken a negative value recently, something that could lead to a drawdown in the asset’s price. Bitcoin Korea Premium Index Has Declined Into Negative Values Recently As pointed out by an analyst…

Bitcoin Loss Taking Spikes, Why This Could Be Bullish

[Apr 7, 2023 8:00 AM] On-chain data shows Bitcoin loss-taking transaction volume has spiked recently. Here’s why this could turn out to be bullish for the asset’s price. Bitcoin Loss-Taking Volume Has Been More Than The Profit-Taking One Recently According…

Grayscale Discount Continues To Recover, Good News For Bitcoin?

[Apr 6, 2023 5:00 PM] The Grayscale Bitcoin Trust (GBTC), the largest Bitcoin trust in the world, saw a rocky end to the year 2022 after its sister company Genesis Trading filed for bankruptcy. However, it has seen a better start to the year 2023 as it continues to…

Bitcoin Older Than 5 Years Abruptly Moves, Bearish Sign?

[Apr 5, 2023 9:00 AM] On-chain data shows a large amount of Bitcoin sitting dormant since between 5 and 7 years ago has moved recently, a sign that may be bearish for the price. 5+ Years Old 1,005 BTC Has Been Recently Moved On The Bitcoin Blockchain As pointed out by…

Bitcoin Price Needs To Clear $29,000 For Hopes of a Fresh Rally

[Apr 4, 2023 9:56 PM] Bitcoin price is consolidating gains below the $28,800 resistance. BTC must clear $29,000 to start a fresh rally and clear the $30,000 resistance zone. Bitcoin is showing positive signs above the $28,000 support zone. The price is trading above…

Here’s Why Bitcoin Could Break At Least $33,000 In This Rally

[Apr 4, 2023 8:00 AM] Bitcoin may be able to break the $33,000 mark in the current rally if this historical pattern of an on-chain indicator is anything to go by. Bitcoin Realized Price-To-Liveliness Ratio Has A Value Of $33,200 Currently According to the latest weekly…

Data Says Bitcoin Has Begun Its Most Bullish Month Historically

[Apr 3, 2023 5:38 PM] Bitcoin price is trading around $28,000, holding relatively stable after a large move upward in Q1 2023 from 2022 lows. Not only is a new quarter beginning, but BTCUSD has entered its most bullish month in its history, according to data. Historical…

Bitcoin SOPR Plunges, Why This Could Be Bullish

[Apr 3, 2023 11:30 AM] On-chain data shows the Bitcoin Spent Output Profit Ratio (SOPR) has plunged recently; here’s why this may be bullish for the price. Bitcoin SOPR Observed A Deep Plunge In Recent Days As an analyst in a CryptoQuant post pointed out, many…

Bitcoin Price Dips Again As The Bulls Struggle To Push It To $30K

[Apr 2, 2023 8:17 PM] Bitcoin price is correcting lower from the $28,800 zone. BTC might gain bearish momentum if there is a clear move below the $27,500 support. Bitcoin started another decline from the $28,800 resistance zone. The price is trading below $28,500 and…

Bitcoin Market Structure Points To New Uptrend, Here’s Why

[Mar 31, 2023 4:44 PM] Bitcoin price is trading above $28,000, only roughly $4,000 away from doubling in value since the most recent low. The recent changes in market structure in BTCUSD could indicate a new uptrend is taking form. Find out why below. Bitcoin Price Forms…

Bitcoin Investors Remain Greedy Despite Low Momentum, Why?

[Mar 31, 2023 7:30 AM] Bitcoin is still struggling to hold $28,000 and has been pushed down below the support level once more. But this has not deterred investors who continue to remain highly positive toward the digital asset. This is evident in the fact that crypto…

Bitcoin MVRV Ratio Approaches 1.5 Level, Will Break Happen?

[Mar 30, 2023 9:30 AM] On-chain data shows the Bitcoin MVRV ratio is approaching a retest of the 1.5 level, breaking above which may be bullish for the asset’s price. Bitcoin MVRV Ratio Has Been Going Up In Recent Days As explained by an analyst in a CryptoQuant…

Here Are The Altcoins That Are Outperforming Bitcoin

[Mar 30, 2023 4:30 AM] Bitcoin has seen some good gains in the last day which eventually saw the digital asset climb over $29,000 for the first time in nine months, albeit briefly. But despite the price gains that the digital asset has seen in this time, it is still not…

Bitcoin Net Taker Volume Nears In On Bullish Crossover

[Mar 29, 2023 9:00 AM] On-chain data shows the Bitcoin net taker volume is approaching a break above a line that has historically been a bullish signal for the price. Bitcoin Net Taker Volume Has Been Moving Towards Zero Line Recently As pointed out by an analyst in a…

Bitcoin In Free Fall As Regulators Turn Their Attention To Binance

[Mar 28, 2023 8:30 AM] The new week is starting out worse than expected for Bitcoin and the cryptocurrency is already suffering from falling prices. The direct effect of the Commodities Futures Trading Commission (CFTC) suing Binance, the world’s largest crypto exchange…

Bitcoin Price Revisits Key Support, Can Bulls Save The Day?

[Mar 27, 2023 9:02 PM] Bitcoin price declined and retested the $26,500 support. BTC must stay above the $26,500 support to avoid more losses in the coming sessions. Bitcoin started another decline and retested the $26,500 support. The price is trading below $27,500 and…

Six Million Bitcoins Now Lost Forever? Why This Matters

[Mar 27, 2023 5:30 PM] Over the years, millions of Bitcoin have been lost forever due to people forgetting or losing their keys, or possibly passing away without passing on their keys. With each passing year, this number grows and more BTC is lost. Now, this number is…

Why Bitcoin Could Be Less Than 120 Days Away From Retesting ATHs

[Mar 27, 2023 4:55 PM] Bitcoin price is currently pulling back alongside the broader crypto market following a strong move from $20,000 to $29,000 in a matter of two weeks. The sharp rally has the market speculating that a bottom might be in. If the bottom is indeed in…