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Global Interest In Bitcoin Is Fast-Falling, What’s Happening?

[Jun 27, 2023 7:30 PM] According to Google Trends data, interest in Bitcoin is heading to historic lows as of June 27. In a screenshot shared by a Twitter user, organic searches related to “Bitcoin” have dropped in the last six months.  Google Trends is a free tool that…

Bitcoin Starts To Bite Back Says Reptilian Technical Signal

[Jun 27, 2023 6:19 PM] A reptilian technical signal is back in Bitcoin, and it has started to feast upon a new uptrend, according to how the tool works. Take a closer look below at the one-week BTCUSD Williams Alligator, and learn more about what it says about the king…

Bitcoin Bullish Signal: Exchange Whale Ratio Plunges

[Jun 26, 2023 5:30 AM] On-chain data shows that the Bitcoin exchange whale ratio has taken a plunge recently. Here’s why this may be bullish for the asset’s price. Bitcoin Exchange Whale Ratio Has Registered A Sharp Decline Recently As pointed out by an…

Momentum: Why The Bitcoin Train Is Ready To Leave The Station

[Jun 24, 2023 1:34 PM] The latest Bitcoin price action has pushed momentum into the positive on just about every timeframe that matters: From today the daily through the monthly. If these signals confirm with a June monthly close, the train might have officially left the…

Bitcoin SOPR Bounces Into Profit Zone, What Does This Mean?

[Jun 23, 2023 1:00 PM] On-chain data shows the Bitcoin Spent Output Profit Ratio (SOPR) has bounced back into the profit zone with the latest rally above $30,000. Bitcoin SOPR Has Successfully Retested 1.0 Support Line According to data from the on-chain analytics firm…

Bitcoin Investor Sentiment Suggests BTC Rally Is Far From Over

[Jun 23, 2023 8:00 AM] Bitcoin has been rallying for the last three days and continues to maintain significant momentum. After the digital asset crossed the $30,000 resistance, there was speculation that bulls have finally run out of steam, so the price was expected to…

75% Of Bitcoin Holders At Spot Rates Are Making Money: Data

[Jun 22, 2023 11:00 PM] Data from IntoTheBlock reveals that over 75% of all Bitcoin holders are in the money at spot rates when the prices are at multi-week highs, trading at around $30,000 as of writing on June 22. Bitcoin has been on a firm uptrend over the past few…

Bitcoin Rally Appears To Be Fueled By Derivatives, Will It Last?

[Jun 21, 2023 1:00 PM] On-chain data shows that derivative exchanges have observed elevated activity as Bitcoin has rallied towards the $29,000 level. Bitcoin Spot Vs Derivative Trading Volume Ratio Has Been Quite Low Recently As pointed out by an analyst in a…

Bitcoin Price Breaks Above $30,000: Is The Bull Run Back On?

[Jun 21, 2023 10:38 AM] Bitcoin price is back above $30,000 for the second time in 2023, with bulls hoping it not only holds this time, but leads to renewed confidence in the crypto market. Is this a sign the bear market is over and the bull run is back on? Or is this…

WisdomTree Investments Joins Blackrock, Files For Bitcoin ETF

[Jun 21, 2023 10:00 AM] Several United States asset managers have sought the US Securities and Exchange Commission’s (SEC) blessing to start a spot Bitcoin exchange-traded fund (ETF). However, companies like WisdomTree, Grayscale, and One River Asset Management only…