[Feb 14, 2023 5:38 PM] Bitcoin bulls are hoping the bottom is in and heads off onto another moon mission toward new all-time highs. But before it gets there, if the bottom is indeed in, the top cryptocurrency by market cap could target the top of the weekly BTCUSD…
[Feb 14, 2023 6:02 AM] Here’s what the current Bitcoin rally might require for a resumption based on the trend that a similar rally back in April 2019 followed. Bitcoin Accumulation Trend Score Has Declined Recently As per the latest weekly report from Glassnode…
[Feb 13, 2023 9:27 PM] Bitcoin price is consolidating below the $22,000 resistance. BTC could decline heavily if there is a daily close below the $21,500 support. Bitcoin is showing a few negative signs below the $22,000 resistance. The price is trading below $22,000 and…
[Feb 13, 2023 3:14 PM] The chart representing the total crypto market cap in aggregate has triggered a golden cross on daily timeframes. While the crossover of two important moving averages is typically a buy signal, Bitcoin, is close to confirming the opposite signal —…
[Feb 13, 2023 7:30 AM] On-chain data shows the Bitcoin Net Unrealized Profit/Loss (NUPL) is currently nearing a key retest. Will this help BTC rebound? Bitcoin NUPL Has Been Declining Towards 365-Day MA Recently As pointed out by an analyst in a CryptoQuant post, the BTC…
[Feb 13, 2023 6:30 AM] On-chain data shows Bitcoin whale transactions have exploded recently, suggesting that these investors may be looking to buy the dip in the price. Bitcoin Whale Transaction Count Has Shot Up In Recent Days According to data from the on-chain…
[Feb 12, 2023 9:15 PM] Bitcoin price is consolidating above the $21,500 support. BTC could start a decent recovery if it clears the $22,000 resistance and the 100 hourly SMA. Bitcoin is struggling to start a recovery wave above the $22,000 resistance. The price is…
[Feb 10, 2023 7:30 AM] Bitcoin has declined below $22,000 in the past day as on-chain data shows deposits have risen on the crypto exchange Coinbase. Bitcoin Coinbase Exchange Reserve Has Risen Recently As pointed out by an analyst in a CryptoQuant post, the exchange…
[Feb 9, 2023 9:19 PM] Bitcoin price declined over 5% and traded below $22,000. BTC is trading below $22,000 and remains at a risk of more losses towards the $21,200 support. Bitcoin is moving lower and trading below $22,200. The price is trading below $22,500 and the…
[Feb 8, 2023 9:28 PM] Bitcoin price failed again and declined below $23,000. BTC is moving lower and might decline further below the $22,500 support. Bitcoin is moving lower from the $23,500 resistance zone. The price is trading below $23,000 and the 100 hourly simple…
[Feb 7, 2023 9:07 PM] Bitcoin price is rising and trading above $23,000. BTC could gain bullish momentum if there is a clear move above the $23,500 resistance zone. Bitcoin is correcting losses and trading above the $23,000 support zone. The price is trading above…
[Feb 7, 2023 7:32 AM] This Bitcoin on-chain metric is currently at a level that has historically provided resistance. Will BTC decline after this retest this time as well? Bitcoin Short-Term Holder SOPR Is At The “Sell” Level As pointed out by an analyst in…
[Feb 6, 2023 9:23 PM] Bitcoin price is correcting gains and tested the $22,600 zone. BTC could start a fresh increase if it manages to stay above the $22,500 support. Bitcoin is correcting gains below the $23,000 support zone. The price is trading below $23,100 and the…
[Feb 6, 2023 5:00 PM] On-chain data shows that the number of small Bitcoin addresses has rapidly grown recently. Here’s what it may mean for the market. Bitcoin Addresses With 0.1 BTC Or Less Have Sharply Risen In Number Recently According to data from the…
[Feb 6, 2023 2:24 PM] Bitcoin price is barely clinging on above $23,000, with the outcome over the next several days being extraordinarily critical for the fate of the crypto market. On daily timeframe, BTCUSD ticks ever closer toward a golden cross. Meanwhile, the…
[Feb 5, 2023 9:32 PM] Bitcoin price is correcting gains below the $23,250 zone. BTC must stay above the $22,500 support to avoid a major drop in the coming sessions. Bitcoin is correcting gains below the $23,250 support zone. The price is trading below $23,250 and the…
[Feb 3, 2023 5:00 PM] Bitcoin price is still trending comfortably above the $23,000 level as it maintains its bullish trend. This has continued for a couple of weeks now, propelled forward by the newly adopted dovish stance of the United States Federal Reserve. However…
[Feb 2, 2023 8:47 PM] Bitcoin price is correcting gains below the $24,000 zone. BTC is holding the $23,250 support and might attempt another increase in the near term. Bitcoin is correcting gains from the $24,250 resistance zone. The price is trading above $23,250 and…
[Feb 2, 2023 8:00 AM] On-chain data shows the Bitcoin short-term holder profit-taking has reached high levels not seen since the November of 2021. Bitcoin Short-Term Holder SOPR Has Shot Up Recently As pointed out by an analyst in a CryptoQuant post, a near-term top…
[Feb 1, 2023 9:24 PM] Bitcoin price is rising and gaining pace above the $23,500 resistance. BTC climbed to a new yearly high after the fed increased rates by 25bps. Bitcoin is up over 3% and there was a clear move above the $23,800 resistance. The price is trading…
[Feb 1, 2023 12:26 PM] Bitcoin price closed the January monthly candle with the largest climb since the 2021 bull market ended. Considering the macro conditions and risk of recession, the market remains skeptical of further upside. However, the monthly candle structure…
[Feb 1, 2023 6:52 AM] On-chain data shows the stablecoin supply long-term and short-term moving averages are close to a death cross. Here’s what it means for Bitcoin. Stablecoin Circulating Supply Moving Averages Close In On Death Cross As pointed out by an…
[Jan 31, 2023 9:07 PM] Bitcoin price is rising and approaching a major hurdle at $23,250. BTC remains at a risk of more downsides before it could start a fresh increase to $25,000. Bitcoin is attempting a fresh increase above the $23,000 resistance zone. The price is…
[Jan 31, 2023 7:39 AM] Bitcoin has seen a pullback since peaking around $23,900 yesterday. Here’s what Santiment says is the possible reason behind this decline. Bitcoin Observes Largest Profit To Loss Transaction Ratio In 2 Years As per data from the on-chain…
[Jan 30, 2023 9:06 PM] Bitcoin price started another downside correction below $23,250. BTC remains at a risk of more downsides before the bulls appear near $22,200 or $22,000. Bitcoin started a downside correction and traded below the $23,500 zone. The price is trading…
[Jan 30, 2023 5:00 PM] The Bitcoin difficulty per issuance, a proof-of-work (PoW) pricing model, might provide hints about the following crucial level BTC would have to clear. Bitcoin Approaches Difficulty Per Issuance Model 2.0 Level As pointed out by an analyst on…
[Jan 30, 2023 7:30 AM] On-chain data shows Bitcoin’s open interest has sharply gone up recently, a sign that the crypto’s price may be heading toward more volatility. Bitcoin Open Interest Has Made A Huge Jump Of 8.3% Over Past Day As pointed out by an…
[Jan 30, 2023 6:00 AM] The bitcoin mining difficulty has once again clocked a new all-time high. This adjustment is one of the largest positive adjustments so far for the year, and with the new ATH comes a brand new set of implications for the digital asset. Bitcoin…
[Jan 29, 2023 9:38 PM] Bitcoin price started another increase above the $23,000 resistance. BTC is rising and the bulls might aim a test of the $25,000 resistance zone. Bitcoin is gaining pace above the $23,500 resistance zone. The price is trading above $23,000 and the…
[Jan 29, 2023 4:30 PM] The Bitcoin blockchain recorded another difficulty increase on Sunday, Jan. 29, 2023, at block height 774,144. The network’s difficulty increased by 4.68%, from 37.59 trillion to an all-time high of 39.35 trillion. Bitcoin Difficulty Reaches…
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