100 / 207 Relevant items tagged with #btc

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Why Did The Bitcoin Price Rise Above $66,000 Today?

[May 16, 2024 8:00 AM] Bitcoin recently rose above $66,000 for the first time since April. This recent price rally from the flagship crypto is believed to be due to several factors, including the recently released inflation data.  Inflation Data Comes In Lower Than…

Most Important Bitcoin Indicator Nears Bullish Flip: $150,000 Soon?

[May 16, 2024 1:40 AM] In a recent analysis, James Coutts, Chief Crypto Analyst at Realvision, signaled a potential bullish turn in Bitcoin’s near future, attributing the forecasted change to shifts in global liquidity measures, specifically the Global Money Supply (M2)…

Bitcoin Not Out Of Danger Yet, NVT Golden Cross Warns

[May 15, 2024 8:00 PM] On-chain data shows the Bitcoin Network Value to Transactions (NVT) Golden Cross still has a high value, a sign that may be bearish for BTC. Bitcoin NVT Golden Cross Is Still Near Historical Top Zone In a CryptoQuant Quicktake post, an analyst…

Bitcoin Long-Term Holders Buy The Blood, Snatch Up 70,000 BTC

[May 15, 2024 2:00 PM] Glassnode data has revealed that Bitcoin long-term holders are taking advantage of the cryptocurrency’s lower price to significantly increase their holdings. This accumulation further strengthens the belief that this group of Bitcoin investors…