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On-Chain Data Shows Signs Of Fresh Bitcoin Accumulation

[Nov 25, 2022 1:00 PM] On-chain data shows signs of some fresh Bitcoin accumulation taking place during the last month. Bitcoin UTXOs Aged 1 Week To 1 Month Have Risen Up In Recent Days As pointed out by an analyst in a CryptoQuant post, UTXOs purchased between 1 week…

Bitcoin To Plunge Further? Long-Term Holders Ramp Up Selling

[Nov 25, 2022 10:00 AM] On-chain data shows Bitcoin long-term holders have ramped up their selling recently, something that could lead to further plunge in the crypto’s price. Bitcoin Exchange Inflow CDD Has Spiked Up Over The Last Day As pointed out by an analyst…

Bitcoin Price Faces Rejection, Why BTC Could Resume Its Downtrend

[Nov 24, 2022 8:56 PM] Bitcoin price struggled to clear the $17,000 resistance. BTC seems to be forming a double top pattern and might dive below the $16,000 support. Bitcoin attempted an upside break above the $17,000 resistance, but failed. The price is trading above…

Bitcoin Price Recovery Remains Capped, Why 100 SMA Is The Key

[Nov 22, 2022 8:22 PM] Bitcoin price started an upside correction from $15,500. BTC is now facing a strong resistance near the $16,300 zone and the 100 hourly SMA. Bitcoin found support near $15,500 and started an upside correction. The price is trading below $16,300 and…

Bitcoin Price Trend Overwhelmingly Negative, Bears Target $13K

[Nov 21, 2022 9:07 PM] Bitcoin price extended losses and retested the $15,800 support. BTC could continue to move down towards the $15,000 and $14,000 levels. Bitcoin started a fresh decline below the $16,000 and $15,800 levels. The price is trading below $16,400 and the…

Bitcoin Recovery Only Temporary As All Roads Lead To $15,000

[Nov 21, 2022 11:00 AM] Bitcoin recovered above $16,000 in the early hours of Monday after hitting $15,600 on Sunday. With the continued trend above $16,000, it is starting to look like the digital asset is finally on a path to recovery but this is not the case. The…

Bitcoin Slips Below $16k As Older Whales Show Signs Of Dumping

[Nov 21, 2022 10:00 AM] On-chain data shows signs of dumping from the Bitcoin whales as the price of the crypto dips below $16k. Bitcoin Exchange Inflow CDD Has Spiked Up In Recent Days As pointed out by an analyst in a CryptoQuant post, a large amount of dormant coins…

Bitcoin Price Grinds Lower, Why The Bears Are Not Done Yet

[Nov 20, 2022 8:24 PM] Bitcoin price is slowly moving lower towards $15,500. BTC remains at a risk of more losses unless it settles above the $17,000 resistance zone. Bitcoin started a fresh decline below the $16,500 and $16,400 levels. The price is trading below $16,500…

Tim Draper Stands By $250,000 Bitcoin Prediction, Here’s Why

[Nov 18, 2022 5:00 PM] Venture capitalist Tim Draper continues to show staunch support for bitcoin even during this time. Draper who has been an evangelist for bitcoin has said multiple times that he expects the digital asset to hit six figures, and once again, he has…

Bitcoin Bearish Signal: 130k BTC Just Flowed Into Binance

[Nov 18, 2022 10:00 AM] On-chain data shows the crypto exchange Binance has just received Bitcoin inflows of 130k BTC, a sign that may be bearish for the price of the crypto. Binance’s Bitcoin Exchange Reserve Has Sharply Spiked Up Over Past Day As pointed out by an…

El Salvador President Says Country Will Buy 1 Bitcoin A Day

[Nov 17, 2022 5:00 PM] Since the bitcoin price decline began, El Salvador and its president Nayib Bukele have basically been put under a microscope. The country’s bitcoin plan had seen it buy more than 2,300 BTC but the bear market had wiped a significant portion of the…

Bearish Signal: Bitcoin Miners Dump 7,700 BTC In One Week

[Nov 16, 2022 5:00 PM] Bitcoin miners are usually some of the longest holders of BTC but that is usually when the bull market is in full swing and they do not have to worry about cash flow. Currently, the cash flow on bitcoin miners has plummeted and as the price of the…

Bitcoin 7-Day Volatility Comes Alive As FTX Collapse Shakes Market

[Nov 16, 2022 10:00 AM] Data shows the Bitcoin 7-day volatility has come alive during the last week as the collapse of crypto exchange FTX has shaken up the market. Bitcoin 7-Day Volatility Has Spiked To Values Above 7% According to the latest weekly report from Arcane…

Bitcoin Recovers Above $17,000, Why This Could Be A Bull Trap

[Nov 15, 2022 11:00 AM] Bitcoin is on another recovery path after suffering one of the worst declines of 2022. The digital asset had hit a low of $15,500 before bouncing back up, all of this happening in response to the decline of FTX, the second-largest crypto exchange…