Category Archives: Bitcoin News

Bitcoin Rebounds After Sharp Drop As Whales Fuel Push Toward $100K

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Bitcoin fell hard before recovering as prices plummeted below $95,000, retreating below $94,600 and even as low as $93,395. But buyers emerged at around $94,000, halting the decline and allowing BTC to recover fast. Then, the coin started rising again, piercing through pivotal levels that had earlier served as resistance. Key Resistance Levels Broken As… Continue reading Bitcoin Rebounds After Sharp Drop As Whales Fuel Push Toward $100K→

Bitcoin Investors Are Taking Profits Aggressively – Signs Of A Local Top?

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According to a recent CryptoQuant Quicktake post, Bitcoin (BTC) investors are aggressively taking profits following the latest surge in the digital asset’s price. This uptick in profit-taking mirrors investor behavior typically seen during the late stages of a bull market. Bitcoin Profit-Taking Rises – A Cause For Worry? Bitcoin’s 7-day moving average (MA) net realized… Continue reading Bitcoin Investors Are Taking Profits Aggressively – Signs Of A Local Top?→

Bitcoin’s Realized Cap Hits Record High as Accumulation Continues

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Bitcoin is currently trading just under the $100,000 psychological threshold, maintaining a sideways trajectory in recent weeks. At the time of writing, the asset trades at $97,005, reflecting a modest 2.6% gain over the past seven days and a 3.3% increase in the last 24 hours. While volatility remains subdued, recent on-chain data highlights a… Continue reading Bitcoin’s Realized Cap Hits Record High as Accumulation Continues→

Bitcoin Poised To Retest All-Time High If This Level Holds, Says Bitfinex

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Bitcoin’s resurgence in April has positioned it for a potential breakout toward its all-time high—provided one key technical level continues to hold. That’s the core takeaway from the latest Bitfinex Alpha report, which offers a data-rich breakdown of BTC’s recent market dynamics and the underlying structural forces that may guide its trajectory as macroeconomic pressures… Continue reading Bitcoin Poised To Retest All-Time High If This Level Holds, Says Bitfinex→

Bitcoin Set To Gain Over $300 Billion From Companies In Next 5 Years, Analysts Say

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A growing number of public firms may begin purchasing Bitcoin in substantial quantities in the next five years, with more than $300 billion potentially entering the cryptocurrency by 2030. That’s what researchers at Bernstein, an asset manager that monitors corporate appetite for Bitcoin, say in a new report. Their estimates hinge on the assumption that… Continue reading Bitcoin Set To Gain Over $300 Billion From Companies In Next 5 Years, Analysts Say→

Raoul Pal: Bitcoin Could Hit $450,000 In Liquidity-Driven Supercycle

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At Sui Basecamp, macro investor and Real Vision co-founder Raoul Pal delivered a characteristically sweeping address that framed the current crypto market environment as the beginning of what he called a “liquidity-driven supercycle” — with Bitcoin potentially reaching $450,000 before the end of it. Drawing from over three decades of macroeconomic research, Pal outlined his… Continue reading Raoul Pal: Bitcoin Could Hit $450,000 In Liquidity-Driven Supercycle→

Bitcoin Network Activity In Bear Market Zone—Warning Or Opportunity?

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On-chain data shows the Bitcoin network activity has recently declined into the bear market zone. Here’s what this could mean for the asset. CryptoQuant’s Bitcoin Network Activity Index Is Flashing A Bear Market Signal As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin Network Activity Index has recently been inside the… Continue reading Bitcoin Network Activity In Bear Market Zone—Warning Or Opportunity?→

On-Chain Data Shows Over 51,000 Bitcoin Withdrawn From Binance Since Mid-April

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Bitcoin’s recent recovery has encountered resistance as the asset remains range-bound between $93,000 and $97,000. After briefly climbing late last month, Bitcoin has struggled to maintain upward momentum since then. At the time of writing, BTC is trading at approximately $94,305, reflecting a modest 1.3% decline over the past day. While price action has slowed,… Continue reading On-Chain Data Shows Over 51,000 Bitcoin Withdrawn From Binance Since Mid-April→

Bitcoin In The Middle Of A Decision Point, Analyst Says—Here’s Why

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An on-chain analyst has explained how Bitcoin could be in the middle of a decision point based on its supply cost basis distribution. Bitcoin Is Currently Retesting A Major Supply Cluster In a new UTXO Realized Price Distribution (URPD). The URPD is an on-chain indicator that tells us about what part of the BTC supply… Continue reading Bitcoin In The Middle Of A Decision Point, Analyst Says—Here’s Why→

Strategy Expands Bitcoin Investments With Latest Purchase, Now Holding 555,450 BTC In Total

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In a recent filing with the US Securities and Exchange Commission (SEC), Strategy (formerly Microstrategy), disclosed the purchase of an additional 6,556 Bitcoin (BTC) at an average price of $95,167 per coin between April 28 and May 4.  This latest acquisition brings the company’s total Bitcoin holdings to 555,450 BTC, valued at approximately $38.08 billion,… Continue reading Strategy Expands Bitcoin Investments With Latest Purchase, Now Holding 555,450 BTC In Total→