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Bitcoin Bullish Signal: NVT Golden Cross Suggests BTC Oversold
[Jul 17 12:00 AM] On-chain data shows the Bitcoin Network Value to Transactions (NVT) Golden Cross is currently at a level that could suggest BTC to be underpriced. Bitcoin NVT Golden Cross Has Been Inside Oversold Region Recently As explained by an analyst in a…
Bitcoin Price On The Rise: Is The $70K Mark Within Reach?
[Jul 16 8:55 PM] Bitcoin price gained over 15% and broke the $65,000 resistance level. BTC is still showing positive signs and might attempt to move above the $66,000 level. Bitcoin extended its increase above the $65,000 resistance zone. The price is trading above…
Bitcoin Hasn’t Reached Bull Cycle Top Yet, Quant Explains Why
[Jul 15 10:30 PM] According to the trend in an on-chain indicator, an analyst has explained how Bitcoin may still need to reach the top of the current bull cycle. Bitcoin aSOPR Hasn’t Yet Reached Levels Associated With Past Cycle Tops As explained by an…
Bitcoin Price Picks Up Pace: Can It Break Above $65K?
[Jul 15 8:37 PM] Bitcoin price gained over 10% and broke the $64,000 resistance level. BTC is showing positive signs and might attempt to move above the $65,000 level. Bitcoin gained bullish momentum above the $63,500 resistance zone. The price is trading above…
Bitcoin Bears Crushed: $100M In Crypto Shorts See Flush As BTC Breaks $63,000
[Jul 15 12:00 PM] Data shows the cryptocurrency derivatives market has registered significant liquidations after the Bitcoin rally above the $63,000 mark. Bitcoin Rally Has Resulted In Short Liquidations On Derivatives Market According to data from CoinGlass, the…
JPMorgan Says Crypto Liquidations Will End And Bitcoin Bull Market Will Begin, Here’s When
[Jul 15 10:30 AM] American multinational finance company, JP Morgan has maintained a bullish stance on the Bitcoin price outlook despite recent bearish trends. The bank has announced the timeline for the conclusion of the ongoing BTC liquidations, predicting a…
1,000 Bitcoin On The Move: Satoshi-Era Whale Stirs The Crypto Waters
[Jul 15 9:00 AM] Recent events have seen the Bitcoin market show fresh vitality; the price of the coin exceeds $63,000. This spike coincides with a slew of noteworthy occurrences that both experts and investors have noticed. Dormant Wallet Turns Into Action The…
Bitcoin Price Breaks $62K: Rising Bullish Momentum, Will Prices Go Higher?
[Jul 14 8:58 PM] Bitcoin price started a strong increase and broke the $62,000 resistance level. BTC is showing positive signs and might rise toward the $63,200 level. Bitcoin gained bullish momentum above the $60,500 resistance zone. The price is trading above…
Bitcoin Accumulation: Who’s Been Buying Up All The BTC Dumped By The German Government?
[Jul 14 4:00 AM] Bitcoin went on a downward spiral in the first week of July to strike a bottom below $54,000 amidst an exacerbated selloff by some large holders. Various reports using on-chain data have blamed the selloffs on the German state of Saxony selling the…
Bitcoin Whales Accumulate 71,000 BTC Amidst Price Dip – Details
[Jul 13 10:30 PM] The price of Bitcoin has continued a mild recovery in the last 24 hours following the recent price plunge in the first week of July. According to data from CoinMarketCap, BTC is up by 1.11% in the last day as the market bulls appear to gather…
Bullish Bitcoin Indicator Which Led To A Reversal Has Returned, Is $70,000 Possible?
[Jul 13 7:30 PM] Jamie Coutts, the chief crypto analyst at Real Vision, has highlighted an indicator that paints a bullish picture for Bitcoin (BTC). Based on this indicator, the crypto analyst suggested that a reversal might already be on the horizon for the…
Bitcoin Lags Behind S&P 500, Signaling Potential Bullish Catch-Up
[Jul 13 6:30 AM] Bitcoin has managed to record some price gains in the last week following a brutal market sell-off at the start of July which saw the crypto market leader lose 10% of its price on July 5. At the moment, analysts continue to roll out observations…
Total Depletion Of German Bitcoin Reserves: Wallet Left With Zero BTC
[Jul 13 1:00 AM] In what is being hailed as a significant victory for the Bitcoin market, the German government has officially depleted its Bitcoin reserves after holding 50,000 BTC in its wallet just months ago. Bitcoin Wallet Now Empty After Massive Selling Spree…
Bitcoin Price Trajectory Remains Bearish, $49,000 Liquidity Zone Looms As Next Downside Target
[Jul 12 10:00 PM] The Bitcoin price has recently shown signs of recovery, climbing back to the $58,000 level after hitting a five-month low of $53,500. However, technical analysis suggests that the digital asset may struggle to surpass crucial indicators…
Crypto Analyst Predicts Bitcoin Decline From Here, But What Happens Next?
[Jul 12 7:00 PM] The Bitcoin price has crashed back toward the $56,000 level after a brief pump triggered by the CPI data release on Thursday, showing that inflation rates came out at 3%, lower than expected. This bearish trend has continued despite desperate…
Bitcoin Recovery Stalls As HODLers Apply Selling Pressure
[Jul 12 4:00 PM] On-chain data shows that Bitcoin long-term holders have potentially been selling recently, something that may explain BTC’s continued bearish momentum. Bitcoin Exchange Inflow CDD Has Registered Huge Spikes Recently As an analyst in a…
Is $73,000 The Top For Bitcoin? Analyst Identifies Where BTC Is In This Cycle
[Jul 12 10:00 AM] In March, Bitcoin hit an all-time high above $73,000, sparking debates amongst market watchers and analysts about whether the cryptocurrency has hit its top this cycle. However, a crypto analyst has provided an in-depth analysis of Bitcoin’s…
Germany Liquidates Over 90% Of Bitcoin Holdings, Retains Only $284 Million
[Jul 12 1:00 AM] After a month-long period of increased selling pressure, the German government has nearly exhausted its Bitcoin treasury, selling over 90% of its BTC seized in January in the country’s largest Bitcoin seizure, worth over $2.1 billion. With…
Bitcoin Price Falls Once More: Are Bears Poised for Another Drop?
[Jul 11 8:35 PM] Bitcoin price started another decline from the $59,500 level. BTC is moving lower, and the bears could gain strength below the $56,000 support. Bitcoin started another decline from the $59,500 resistance zone. The price is trading below $57,500 and…
Bitcoin Crash Forced Weak Hands Into Largest Loss-Taking Since 2022 Lows: Report
[Jul 11 3:30 PM] A new report from Glassnode has revealed that the Bitcoin short-term holders took part in the largest loss-taking event since 2022 in the recent crash. Bitcoin Short-Term Holders Have Realized Huge Losses Recently According to the latest weekly…
Bitcoin Falls Out Of Step With US Equities, What This Could Mean For The Crypto Market
[Jul 11 9:30 AM] Recent data shows that Bitcoin has completely detached from US stocks. This is significant considering how the flagship crypto and these stocks had a positive correlation before now, which undoubtedly positively impacted Bitcoin and the broader…
Bitcoin Bullish Momentum Above Bearish Trendline: Is $60,152 Mark Within Reach?
[Jul 11 5:00 AM] Bitcoin (BTC) after a successful break above its bearish trendline recently has continued to show strong bullish momentum which may mark a significant shift in market sentiment. As the digital asset continues to strive above the bearish trendline…
German Government Unloads 80% Of Bitcoin Holdings, Leaving Only $890M Behind
[Jul 10 11:00 PM] In recent weeks, German authorities have stepped up the sale of significant amounts of Bitcoin (BTC), resulting in increased selling pressure on the world’s largest cryptocurrency, which has fallen over 20% in the past month. Bitcoin…
Bitcoin Forms Double Top Pattern On 4-Hour Chart, Analyst Reveals Targets
[Jul 10 10:00 PM] The Bitcoin recovery has not been as impactful as expected, failing to break $60,000 even after a return of bullish momentum. Given this, expectations of a bearish reversal have become the norm as analysts do not believe that the pioneer…
Goldman Sachs Embraces Crypto With Three New Initiatives In The Pipeline
[Jul 10 9:00 PM] To capitalize on the growing interest in the crypto industry, banking giant Goldman Sachs is preparing to enter the tokenization sector, with three offerings expected to launch later this year. Goldman Sachs Aims To Capitalize On Tokenization…
Bitcoin Price Hit By Rejection: Will Bulls Stumble Once More?
[Jul 10 8:38 PM] Bitcoin price struggled to clear the $59,500 level. BTC is moving lower and now at risk of more downsides toward the $56,000 level. Bitcoin started another decline from the $59,475 resistance zone. The price is trading above $57,200 and the 100…
Crypto Analyst Says Bitcoin Could Reach $100,000, But What About Altcoins?
[Jul 10 9:30 AM] A crypto analyst has predicted that Bitcoin (BTC) will surge to $100,000 in a few years. At the same time, he has expressed skepticism about the potential for altcoins to embark on a similar bullish trajectory to new highs. Bitcoin Anticipated To…
8 Reasons Why The Bitcoin Bear Phase Is Just A ‘Boogeyman’: Fund Manager
[Jul 10 2:00 AM] While the Bitcoin price hasn’t reclaimed the crucial $60,000 level to reenter the previous 4-month trading range, Ikigai Asset Management Chief Investment Officer (CIO) Travis Kling thinks that the current bearish phase is not more than a…
Bitcoin Loses Correlation With US Equities As Supply Challenges Mount
[Jul 10 1:00 AM] In recent months, the correlation between surging US equities and Bitcoin (BTC) has shown signs of collapse, as the cryptocurrency faces a combination of excess supply and weakened demand that has led to an over 20% price drop from June highs above…