Bitcoin Leverage Ratio Plunges, Here’s What This Means
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This Bitcoin Wyckoff Schematic Says Massive Price Mark Up Comes Next
[Mar 16, 2023 10:45 AM] Bitcoin price is trading at resistance currently, and it could be the last stop before massive price mark up, according to a Wyckoff accumulation schematic Take a look at the shocking comparison to the schematic below and learn more about the…
Bitcoin Coinbase Premium Declines, But Still At Green Values, Bullish Signal?
[Mar 16, 2023 7:30 AM] Data shows the Bitcoin Coinbase Premium has seen some decline, but the metric remains at very positive values, a sign that may be bullish for the price. Bitcoin Coinbase Premium Index Has Registered A Decrease Recently As pointed out by an analyst…
Bitcoin Price Reaches Inflection Zone As The Bears Slowly Take Control
[Mar 15, 2023 9:15 PM] Bitcoin price is moving lower and trading below $25,000. BTC remains at a risk of a downside break if it stays below the $25,200 resistance zone. Bitcoin started a downside correction below the $25,500 support zone. The price is trading above…
Bitcoin Bearish Signal: Exchanges Observe Growing Reserves
[Mar 15, 2023 3:00 PM] On-chain data shows exchanges have been observing recent growth in their Bitcoin reserves, a sign that selling pressure may be increasing. All Exchanges Observe Growing Bitcoin Reserves, Except For Coinbase As an analyst in a CryptoQuant post…
Why Bitcoin Could Explode To $40,000 Per Coin In A Flash
[Mar 15, 2023 2:25 PM] Bitcoin price is trading at $24,000 at the moment, and only recently held a retest of $20,000. Yet within weeks, Bitcoin price could double to more than $40,000 in a flash. Here is a closer look at the technical combination that has in the past…
Bitcoin Rally Cools Following CPI Release, But Bulls May Not Be Done
[Mar 15, 2023 9:30 AM] On Tuesday, the crypto market went crazy with euphoria as Bitcoin rose from a daily low of around $22,800 to over $26,300. This move came as assets in the space began to regain their footing following the bank crisis that affected USDC, one of the…
Bitcoin Falls Below $25,000 As Whales Show Elevated Activity
[Mar 15, 2023 8:30 AM] Bitcoin has fallen below the $25,000 level during the past day as on-chain data shows signs of elevated activity from the whales. Bitcoin Whale Transaction Count Has Shot Up Recently According to data from the on-chain analytics firm Santiment…
Bitcoin Price Corrects Sharply But This Support Might Spark Another Increase
[Mar 14, 2023 9:22 PM] Bitcoin price rallied and even spiked above the $26,000 resistance. BTC corrected lower, but the bulls are active above the $24,000 support zone. Bitcoin started a strong increase above the $24,500 resistance zone. The price is trading above…
Bitcoin Breaking Above $26K Could Cancel Crypto Winter
[Mar 14, 2023 5:03 PM] Bitcoin, like many other cryptocurrencies, has taken a beating during the most recent crypto winter. But with spring right around the corner, the crypto market is heating up. BTCUSD was rejected after briefly making it above $26K per coin today…
Bitcoin Trader Sentiment Returns To Greed As BTC Jumps Past $25,000
Bitcoin Sees Largest Inflow In 6 Months, Sign Of Profit Taking?
[Mar 14, 2023 9:30 AM] On-chain data shows the Bitcoin exchange inflow has registered its largest value in six months, a sign that profit-taking may be going on after the price surge. Bitcoin Exchange Inflow Has Spiked To Highest In Six Months According to data from the…
Bitcoin Leads Gains Among Large Cryptos, What Does This Mean?
[Mar 14, 2023 7:30 AM] Since Sunday, Bitcoin has been on an upward rally that has reinvigorated the market once more. The digital asset went from trading below $20,000 to reclaiming its spot above $24,000 once more, all in the span of one day. Naturally, other assets in…
Bitcoin Price Makes New 2023 High, Breaches Above $26K
[Mar 14, 2023 6:53 AM] Bitcoin price has been on a tear since last Friday, with the top cryptocurrency by market cap rebounding nearly 30% from Friday’s lows. The recovery has now set a new 2023 record, pushing above $26,000 and making a new high for the year…
Bitcoin Price Rally Loses Steam But This Support Might Spark Another Surge
[Mar 13, 2023 8:58 PM] Bitcoin price surged over 15% and cleared the $24,000 resistance. BTC might correct lower, but dips might be supported near the $23,500 zone. Bitcoin started a strong increase above the $23,500 resistance zone. The price is trading above $24,000…
Bitcoin Sharks & Whales Accumulated $821.5 Million During Dip: Santiment
[Mar 13, 2023 11:30 AM] On-chain data from Santiment shows Bitcoin sharks and whales accumulated around $821.5 million in the asset during the recent dip in the price. Bitcoin Sharks And Whales Have Added 40,557 BTC To Their Holdings Recently As per data from the on-chain…
Calm Before The Storm? 7,000% ROI Bitcoin Signal Resurfaces
[Mar 13, 2023 10:33 AM] Bitcoin price gained more than 20% since last Friday, when the top cryptocurrency by market cap retested $20,000, briefly falling below the level. The calm before the storm might be starting to break, with BTC about to unleash a powerful rally…
Bitcoin Breaks Above $22,000 As Whales Show Buying Activity On Coinbase
[Mar 13, 2023 7:50 AM] Bitcoin has broken above $22,000 again as on-chain data shows signs that whales have been buying BTC on Coinbase recently. Bitcoin Coinbase Premium Gap Has Been Highly Positive Recently As pointed out by an analyst in a CryptoQuant post, the…
Bitcoin Price Rallies 10% But This Resistance Is The Key To Reversal
[Mar 12, 2023 9:30 PM] Bitcoin price surged over 10% and cleared the $22,000 resistance. BTC must surpass $22,600 and $22,800 to continue higher in the near term. Bitcoin started a strong increase above the $21,500 resistance zone. The price is trading above $22,000 and…
Bitcoin Timing Tool Says This Might Be The Dip Worth Buying
[Mar 10, 2023 4:13 PM] Bitcoin price is trading just below $20,000 for the first time since January — a level that bulls definitely don’t want to lose. Considering the increasingly intense crackdown on crypto by the United States and a macroeconomic disaster brewing…
Bitcoin Long-Term Holders Still Holding Strong Despite Price Decline
[Mar 10, 2023 9:00 AM] On-chain data shows that Bitcoin long-term holders have continued to hold strong recently despite the price of the asset taking a blow. Bitcoin Long-Term Holders Continue To Not Show Any Significant Movements As pointed out by an analyst in a…
Why Did Bitcoin Plunge? Here’s What On-Chain Data Says
[Mar 10, 2023 7:00 AM] Bitcoin has slipped under the $20,000 level today for the first time in two months. Here’s why this plunge may have taken place, according to on-chain data. Bitcoin Price Dropped With Coinbase Premium Turning Negative As pointed out by an…
Buy Signal? Bitcoin Investor Sentiment Falls To Lowest Level In Two Months
[Mar 10, 2023 5:57 AM] Bitcoin and the broader crypto market took a hit over the last day, leading to bitcoin falling below $20,000 for the first time in two months. This decline was followed by a tremendous plunge in investor sentiment. The sharp decline saw sentiment…
Bitcoin Price Crashes To 20K, Why Upsides Turned Attractive To Sellers
[Mar 9, 2023 9:47 PM] Bitcoin price declined over 8% and tested the $20,000 support. BTC might correct higher, but upsides might be limited above the $21,200 zone. Bitcoin down over 8% and there was a spike below the $20,000 support. The price is trading below $21,000…
Bitcoin Retests $20,000 In Violent Selloff: Will The Key Support Hold?
[Mar 9, 2023 5:48 PM] Today, Bitcoin price lost over 6% of its value in mere hours as the top cryptocurrency by market retested the key level of $20,000 per coin. Why is this level especially critical? And more importantly, will this symbolistic line in the sand drawn…
Bitcoin Miner Reserve Plunges, Bearish Sign For Price?
[Mar 9, 2023 8:30 AM] On-chain data shows the Bitcoin miner reserve has observed a decline recently, a sign that may be bearish for the price of the cryptocurrency. Bitcoin Miner Reserve Has Been Going Down In Recent Days As pointed out by an analyst in a CryptoQuant…
Bitcoin Dealt Another Round Of Blows, Is The Bear Market Back?
[Mar 9, 2023 7:30 AM] In another shocking twist that has dealt a severe blow to the price of bitcoin, crypto-friendly bank Silvergate announced that it would be winding down operations as the contagion from the FTX collapse spreads. Naturally, this led to a swift…
Bitcoin Price Bears Keep Pushing, Why Drop To $20K Is Still Possible
[Mar 8, 2023 8:46 PM] Bitcoin price broke the key $22,000 support zone. BTC is showing bearish signs and might decline further towards $20,500 or even $20,000 in the near term. Bitcoin is gaining bearish momentum below the $22,000 support zone. The price is trading…
Bitcoin MVRV Approaches Crucial Retest, Here’s What Can Happen Next
Bitcoin “Social Dominance” Surges As Altcoins Struggle
[Mar 8, 2023 7:00 AM] Data shows that Bitcoin’s social dominance has surged to high values recently as interest in altcoins among investors has waned recently. Bitcoin Social Dominance Is Now At Its Highest Level Since September 2022 As per data from the on-chain…