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These Are The Biggest Bitcoin Support & Resistance Zones, Analyst Reveals
[Aug 23 10:00 AM] An analyst has revealed the Bitcoin price zones that could act as major support and resistance centers for the cryptocurrency. A Large Number Of Investors Bought Bitcoin Inside These Zones In a new post on X, CryptoQuant author IT Tech has…
Will Bitcoin Perform Better In September Compared To August? Here’s What The Data Says
[Aug 23 3:00 AM] With each month, the Bitcoin performance can vary widely depending on how investors are feeling toward the market. Years of monthly return data available for the cryptocurrency have led to investors and analysts trying to pinpoint the…
Bitcoin Floor: CEO Predicts $38,000 Will Be The Lowest BTC Goes
Bitcoin Could Target $63,000 But Must First Clear This Vital Resistance Level
[Aug 22 4:14 PM] After experiencing a significant 25% pullback earlier this month, plunging to the $49,000 level, the king of cryptocurrencies, Bitcoin (BTC), has managed to consolidate above the crucial $60,000 support for the last 24 hours. However…
Bitcoin Price Aims for Steady Increase: Is a Gradual Rise Ahead?
[Aug 22 6:53 AM] Bitcoin price remains steady above the $60,000 zone. BTC is now consolidating gains, and the bulls could aim for a move above the $62,000 resistance zone. Bitcoin started a consolidation phase above the $60,000 zone. The price is trading above…
Historical Data Suggests Bitcoin Could Rise 1,000%, Here’s Why
[Aug 22 5:00 AM] Over the years, the Bitcoin price has been through multiple bull and bear cycles, and with the cycles have come a rather consistent trend. As a result, crypto analyst will often use the historical performance of the coin to determine what might…
Bitcoin Investors Be Warned: Legendary MVRV Ratio About To Death Cross
[Aug 22 4:00 AM] On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) Ratio has recently been nearing in on a death cross formation. Bitcoin 30-Day MA MVRV Ratio May Be About To Cross Under 365-Day MA As explained by an analyst in a CryptoQuant…
Glassnode Report Reveals Why The Bitcoin Price Dropped Below $50,000
[Aug 21 8:30 PM] Bitcoin crashed below $50,000 on August 5 in a sudden dip that saw many positions liquidated in the crypto market. This sudden dip, which cascaded into other cryptocurrencies, took the market by surprise. As such, Bitcoin fell to its lowest price…
Bitcoin Derivatives Signal Major Risk Of Explosive ‘Short Squeeze’ Rally Ahead
[Aug 21 6:22 PM] As the world’s largest cryptocurrency, Bitcoin (BTC), continues to consolidate between the $58,000 and $60,000 price range with no clear direction, a bullish signal from the derivatives market suggests the potential for sudden and sharp…
Bitcoin Underperformance Precedes ‘Insane Altcoin Rally,’ Expert Warns Of Repeat
[Aug 21 11:00 AM] According to market expert Jamie Coutts, after an extended period of consolidation and lackluster performance by the two largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), the market may be poised for a resurgence. Coutts believes the…
Bitcoin Resistance: Here Are The Challenges Ahead For BTC
[Aug 21 9:30 AM] Bitcoin has certain on-chain resistance levels coming up that could threaten future rallies. Here are the exact prices at which they lie. Bitcoin Short-Term Holders Have Their Cost Basis At These Levels Ahead As explained by CryptoQuant author Axel…
Battleground At $60,000: Bitcoin Faces Pivotal Test As Bulls Aim To Reclaim Key Support
[Aug 21 7:00 AM] The world’s largest cryptocurrency, Bitcoin (BTC), has struggled to maintain a foothold above the critical $60,000 price level in recent trading sessions, as the digital asset finds itself caught in a tug-of-war between bullish and bearish…
Bitcoin Maintains Market Dominance With $42 Million In Inflows
[Aug 21 6:00 AM] Digital asset investment funds witnessed another week of inflows last week, albeit at a small amount, to extend the run of inflows to two consecutive weeks. Notably, investment funds attracted a net inflow of $30 million last week. One of the key…
Bitcoin Recovers To $61,000, Here Are The Possible Reasons
[Aug 20 9:30 PM] Bitcoin has made a recovery back towards the $61,000 level during the past day. Here are the factors that could be behind this surge. Bitcoin Has Made Some Recovery During The Last 24 Hours After showing lackluster price action under $60,000 during…
Grayscale Exec Predicts Bitcoin Surge No Matter Who Wins US Election
[Aug 20 9:30 AM] Zach Pandl, Grayscale Investments’ managing director, has boldly predicted that the price of Bitcoin will surge regardless of who wins in the upcoming US presidential election. He said this potential increase is because of macroeconomic…
Bitcoin Price Could Surge 200% To Cross $100,000 If This Happens
[Aug 20 6:30 AM] A crypto analyst has predicted that Bitcoin (BTC), the world’s largest cryptocurrency could see its price surging as high as $100,000, representing a 200% increase from its current value. However, the analyst noted that this bullish projection…
Bitcoin Holders Now Doing Loss-Taking: Sign That A Turnaround Is Near?
[Aug 20 3:30 AM] On-chain data shows that Bitcoin investors have ended their net profit-taking spree recently, a potential sign that a price reversal could occur soon. Bitcoin Daily Realized Profit Loss Ratio Has Dipped Below 1 Recently As explained by CryptoQuant…
Bitcoin Price Action Watch: 3 Pivotal Zones That Could Sway BTC’s Next Move
[Aug 19 5:28 PM] As the Bitcoin price consolidates below the $60,000 threshold, the market has been characterized by a mix of indicators and technical levels, leading to a divided forecast and heightened uncertainty. Mixed Signals Cloud Bitcoin Price Trajectory…
Bitcoin Price Trims Gains: Is The Recovery Losing Steam?
[Aug 19 6:34 AM] Bitcoin price started a fresh decline from the $60,000 resistance zone. BTC is now moving lower and might test the $57,650 support zone. Bitcoin started a fresh decline from the $60,000 resistance zone. The price is trading below $58,800 and the…
Bitcoin Spot-Perpetual Gap Points To Continued Selling Pressure – Analyst
[Aug 17 11:00 AM] The month of August has been largely uneventful for Bitcoin so far, with the premier cryptocurrency having struggled to reclaim the $65,000 price mark since August 2. Currently, Bitcoin is slightly below $60,000 as the bulls and bears seek to grab…
Wall Street Titans Boost Crypto Stakes: US Bitcoin ETFs Garner $2.4B In Q2 Inflows
[Aug 17 5:30 AM] The crypto market continues to be influenced primarily by broader macroeconomic conditions, with the latest US Consumer Price Index (CPI) report providing a glimmer of optimism for risk assets, including cryptocurrencies. Crypto Awaits Fed’s…
When To Be Bearish On Bitcoin? On-Chain Analyst Answers
[Aug 16 10:00 PM] An on-chain analyst has explained signals in several metrics to see if Bitcoin is in a bearish phase. These Bitcoin Indicators Could Be To Follow For Bear Market Signals In a new post on X, on-chain analyst Checkmate replied to a user asking about…
Bitcoin Still At Risk Of Further Correction, CryptoQuant Head Says
[Aug 16 7:00 PM] The Head of Research at the on-chain analytics firm CryptoQuant has explained why Bitcoin may be at risk of seeing a further drawdown. Bitcoin Is Still On Verge Of Bear Market In This Indicator In a new post on X, CryptoQuant Head of Research Julio…
Bitcoin Risks Further Decline As Bearish Death Cross Returns
[Aug 16 1:00 PM] A crypto analyst has unveiled a new bearish death cross for Bitcoin (BTC), the world’s largest cryptocurrency. According to the analyst, Bitcoin is at risk of further price stalls before any potential upward movement. Bitcoin Prints Another…
Crucial Bullish Signal For Bitcoin Flashes For First Time Since 2023, Analyst Forecasts Major Rally
[Aug 16 12:00 AM] Bitcoin (BTC) is showing strong signs of an imminent price surge, according to top market analysts, who point to a confluence of bullish factors in the cryptocurrency’s favor. However, after hitting a 6-month low of $49,000 on August 5, BTC…
Bitcoin Observes Pullback To $58,000: Is This The Cause?
[Aug 15 10:30 PM] Bitcoin has observed a pullback down to the $58,000 level during the past day. Here’s what could be the cause behind it, according to on-chain data. Exchanges Have Seen A Large Amount Of Tether Withdrawals Recently According to data from the…
Crypto Analyst Reveals What Could Drive The Bitcoin Price To $48,000
[Aug 15 3:00 PM] The Bitcoin price continues to trade sideways, as uncertainties on the macro side have made investors undecided about their next move. Crypto analyst Michael van de Poppe has provided insights into Bitcoin’s price trajectory and has raised the…
Private Investors Kicked Out Of Top Bitcoin Holder List, Here Are The Stats
[Aug 15 10:30 AM] As Bitcoin has become more mainstream, more and more institutions are beginning to hedge their bets with the cryptocurrency. Over the last four years, institutions have grown their holdings exponentially, and the result of this is that these large…
Unveiling The Strategic Advantages Of A Bitcoin Reserve For The US Economy
[Aug 15 5:00 AM] As the 2024 presidential election approaches, the idea of the United States government establishing a strategic Bitcoin reserve is gaining momentum. This potential policy shift has been championed by former President Donald Trump and pro-crypto…