Category Archives: Bitcoin News

Bitcoin To $181,000? Mayer Multiple Reveals When BTC Will Become ‘Overbought’

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Bitcoin has still not become overbought according to the Mayer Multiple. Here’s the level BTC would need to breech in order to enter this territory. Bitcoin Mayer Multiple Has A Value Of 1.37 Right Now In a new Mayer Multiple” here refers to an indicator that keeps track of the ratio between BTC’s spot price… Continue reading Bitcoin To $181,000? Mayer Multiple Reveals When BTC Will Become ‘Overbought’→

Bitcoin’s Latest ATH: Is The Top Finally In Or Just Getting Started?

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In the past months, Bitcoin has broken multiple resistance levels to achieve consistent all-time highs each month. So far, the asset’s latest all-time high sits above $109,000 marking a more than 150% increase in year-over-year performance. Amid this price performance, CryptoQuant analyst Gaah has recently nearing a peak. Bitcoin: Is The Top In? According to… Continue reading Bitcoin’s Latest ATH: Is The Top Finally In Or Just Getting Started?→

Bitcoin NVT Golden Cross Hits 60-Day Low: Is This Bullish?

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On-chain data shows the Bitcoin Network Value to Transactions (NVT) Golden Cross has plummeted recently. Here’s what this could mean for BTC’s price. Bitcoin NVT Golden Cross Has Plunged Into Bottom Zone Recently As explained by an analyst in a CryptoQuant Quicktake NVT Ratio” refers to an indicator that keeps track of the ratio between… Continue reading Bitcoin NVT Golden Cross Hits 60-Day Low: Is This Bullish?→

Bitcoin Price Likely To Fluctuate Between $100,000 And $110,000 Until FOMC Meeting, Says Analyst

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After a flash crash to $89,256 earlier this month, Bitcoin (BTC) made a swift recovery, reaching a new all-time high (ATH) of $108,786 on January 20. However, according to a crypto analyst, further upside could be limited until the Federal Open Market Committee (FOMC) meeting later this month. Bitcoin To Remain Range-Bound Until FOMC Meeting… Continue reading Bitcoin Price Likely To Fluctuate Between $100,000 And $110,000 Until FOMC Meeting, Says Analyst→

Bitcoin Profit-Taking Drops 93% From December Peak – What’s Next For BTC?

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After testing the low $90,000 price level multiple times over the past two months, Bitcoin (BTC) briefly broke out of its tight trading range earlier this week, reaching a new all-time high (ATH) of $108,786. However, a recent report by Glassnode suggests that the sustained consolidation observed in recent months may be nearing its end,… Continue reading Bitcoin Profit-Taking Drops 93% From December Peak – What’s Next For BTC?→

Bitcoin Capital Inflows See Notable Slowdown, But Is This A Worry?

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On-chain data shows the capital inflows into Bitcoin have slowed down since last year’s high. Here’s what this could mean for BTC’s price. Bitcoin Realized Cap Continues To Grow, Albeit At A Slower Rate According to data from the on-chain analytics firm Realized Cap,” which is a capitalization model for Bitcoin that calculates its total… Continue reading Bitcoin Capital Inflows See Notable Slowdown, But Is This A Worry?→

Bitcoin Hovers Above $104K—Analyst Reveals What’s Next Based on Funding Rates

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Bitcoin currently appears to be taking a breather after achieving a new all-time high (ATH) above $109,000 earlier this week. So far, the asset has seen a slightly reduced upward momentum with the price just hovering above $104,000.  However, despite the slowing upward momentum, Bitcoin’s recent performance has prompted renewed interest in the market. CryptoQuant… Continue reading Bitcoin Hovers Above $104K—Analyst Reveals What’s Next Based on Funding Rates→

Bitcoin Eyes Further Gains as Ethereum Struggles With Declining Demand

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Bitcoin recently achieved a new all-time high, climbing above $109,000 and continuing its strong upward momentum. This performance has further highlighted the disparity between Bitcoin and Ethereum’s price trajectories, with Ethereum underperforming in recent months. While Bitcoin has captured attention for its resilience and gains, Ethereum faces challenges that have weighed on its progress. According… Continue reading Bitcoin Eyes Further Gains as Ethereum Struggles With Declining Demand→

MicroStrategy Expands Its Bitcoin Empire: Acquires 11,000 BTC For $1.1 Billion

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On Tuesday, tech giant MicroStrategy purchased an additional 11,000 Bitcoin (BTC)  for approximately $1.1 billion, as disclosed by its chair and co-founder Michael Saylor in a social media post on X (formerly Twitter).  This acquisition marks the company’s 11th consecutive week of Bitcoin purchases, reinforcing its status as a significant player in the digital currency… Continue reading MicroStrategy Expands Its Bitcoin Empire: Acquires 11,000 BTC For $1.1 Billion→

Trader Greed Strikes Again: Bitcoin Corrects To $102,000 After FOMO Spike

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Bitcoin has observed a retrace from its new all-time high after users on the major social media platforms displayed overexcitement. Bitcoin FOMO On Social Media Spiked During Recent Rally In a new rally to the new all-time high. Whenever volatility emerges in the market, users on these platforms start sharing about which levels they think… Continue reading Trader Greed Strikes Again: Bitcoin Corrects To $102,000 After FOMO Spike→