Category Archives: Bitcoin News

Bitcoin Short-Term Holders Fueling Potential Dip – $90K Support Crucial Level To Hold

Posted on by — No Comments ↓

Bitcoin experienced a highly volatile trading session yesterday, with prices swinging between $92,300 and $96,420 throughout the day. The cryptocurrency now hovers near the $93,000 mark, struggling to establish a clear direction in the short term. As market participants await decisive action, uncertainty looms over whether Bitcoin will sustain its bullish structure or face a… Continue reading Bitcoin Short-Term Holders Fueling Potential Dip – $90K Support Crucial Level To Hold→

Bitcoin Coinbase Premium Giving Potential Buy Signal, Quant Says

Posted on by — No Comments ↓

A quant has explained how the latest trend in the Bitcoin Coinbase Premium Index could imply a buying opportunity for the asset. Bitcoin Coinbase Premium Index Has Plunged To -0.221% In a CryptoQuant Quicktake Coinbase Premium Index” refers to a metric that keeps track of the percentage difference between the BTC price on Coinbase (USD… Continue reading Bitcoin Coinbase Premium Giving Potential Buy Signal, Quant Says→

Bitcoin Faces Short-Term Uncertainty as Exchange Inflows Surge and Tether Liquidity Drops

Posted on by — No Comments ↓

Bitcoin has recently experienced mixed market movements, with analysts closely monitoring on-chain data to understand the short-term trajectory of the leading cryptocurrency. On-chain metrics indicate a notable shift in exchange activity, with Tether (USDT) seeing significant outflows while Bitcoin (BTC) inflows into exchanges remain elevated. This trend suggests a potential “imbalance” in market dynamics, where… Continue reading Bitcoin Faces Short-Term Uncertainty as Exchange Inflows Surge and Tether Liquidity Drops→

Bitcoin’s Key SOPR Metric Holds Steady: Are Long-Term Holders Eyeing Higher Prices?

Posted on by — No Comments ↓

Bitcoin has continued to see declining performance in recent days with on-chain metrics offering valuable insights into market behavior. Among these metrics, the Spent Output Profit Ratio (SOPR) for long-term holders has particularly emerged as a critical tool for assessing investor sentiment and market resilience. Long-term holders, defined as investors holding Bitcoin for over 155… Continue reading Bitcoin’s Key SOPR Metric Holds Steady: Are Long-Term Holders Eyeing Higher Prices?→

Bitcoin To Top Above $168,500 Based On This Indicator, Analyst Reveals

Posted on by — No Comments ↓

An analyst has explained how Bitcoin could see a top beyond the $168,500 mark based on the historical trend in this indicator. Bitcoin Mayer Multiple Could Reveal Location Of Next Price Top In a new Mayer Multiple” refers to an indicator that keeps track of the ratio between the Bitcoin price and its 200-day moving… Continue reading Bitcoin To Top Above $168,500 Based On This Indicator, Analyst Reveals→

Metaplanet Bitcoin Reserves Grow With Fresh $61 Million Purchase

Posted on by — No Comments ↓

Japan-based early-stage investment firm Metaplanet continues its Bitcoin (BTC) buying spree. The company announced today that it has purchased 619.7 BTC for $61 million – including fees and other expenses – making it the firm’s largest Bitcoin acquisition to date. Metaplanet Increases BTC Holdings To 1,762 The recent crypto market downturn from its all-time highs… Continue reading Metaplanet Bitcoin Reserves Grow With Fresh $61 Million Purchase→

Bitcoin Drops Below $100,000: The End Or Beginning Of The Crypto Bull Market?

Posted on by — No Comments ↓

Bitcoin, the titan of the cryptocurrency world with a market cap hovering around $1.9 trillion, has experienced a significant downturn, dipping below the psychological threshold of $100,000. This flash dump, occurring over just three days, has left many investors and analysts questioning whether this marks the end of the current bull market or signals a… Continue reading Bitcoin Drops Below $100,000: The End Or Beginning Of The Crypto Bull Market?→

Bitcoin Cost Basis Distribution Reveals Strong Demand At $97K – Can BTC Hold?

Posted on by — No Comments ↓

Bitcoin has had a whirlwind few days, hitting an all-time high (ATH) last Tuesday before tumbling into a sharp 15% correction. This period of heightened volatility has left investors divided, with some expecting a continued uptrend while others brace for more downside. The market is closely watching Bitcoin’s ability to reclaim its bullish momentum. Top… Continue reading Bitcoin Cost Basis Distribution Reveals Strong Demand At $97K – Can BTC Hold?→

Bitcoin Will Test ATH Once It Breaks This Strong Supply Zone – Details

Posted on by — No Comments ↓

Bitcoin is currently trading at $97,600, following a sharp dip from its all-time high and a modest recovery from the critical $92,000 support level. This recent price movement highlights the market’s ongoing volatility as investors grapple with shifting sentiment and technical levels. Despite the rebound, Bitcoin now faces a significant challenge in sustaining its upward… Continue reading Bitcoin Will Test ATH Once It Breaks This Strong Supply Zone – Details→

Bitcoin Price Above $100,000 Again? Why $99,800 Is An Important Resistance To Break

Posted on by — No Comments ↓

The Bitcoin price is approaching the $100,000 level again after propelling Bitcoin past the $100,000 mark.  Bitcoin Price Faces Resistance At $99,800 Prominent crypto analyst Ali Martinez hasBitcoin price is facing extreme resistance between the $97,500 and $99,800 price levels as it tries to breach $100,000 again. Martinez noted that around this price range, approximately… Continue reading Bitcoin Price Above $100,000 Again? Why $99,800 Is An Important Resistance To Break→