Category Archives: Bitcoin

Retail Surge Sparks Bearish Outlook As Bitcoin Dominance Declines

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The cryptocurrency market’s recent dominance by Bitcoin has decreased below 50%, indicating a potential adverse trend as retail activity increases. This change prompts inquiries regarding market dynamics and investor sentiment. Bitcoin’s dominance has been a critical indicator of whether the market is in a bull or negative cycle throughout history. As Bitcoin’s dominance is growing,… Continue reading Retail Surge Sparks Bearish Outlook As Bitcoin Dominance Declines→

Bitcoin Whale Numbers Return To January 2021 Bull Market Levels, Is A New ATH Coming?

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Recent on-chain data has revealed a new milestone for Bitcoin whales, i.e., addresses holding at least 1,000 BTC. Notably, the data for Bitcoin whales shows the number of addresses in this category is now at its highest point since the January 2021 bull market levels.  With Bitcoin still trading close to its all-time high, this… Continue reading Bitcoin Whale Numbers Return To January 2021 Bull Market Levels, Is A New ATH Coming?→

Bitcoin Bears Lose Control As BTC Net-Taker Volume Shifts Positive

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Bitcoin has been on an impressive surge since early September, rising by 31% from local lows around $53,000. However, after testing the $69,500 supply level, the cryptocurrency faces selling pressure. Despite this, Bitcoin remains strong, holding above the previous high of around $66,000, a crucial level determining its next move. Key data from CryptoQuant reveals… Continue reading Bitcoin Bears Lose Control As BTC Net-Taker Volume Shifts Positive→

Here’s Why The Bitcoin Price Saw Sharp Crash Below $67,000

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The Bitcoin price briefly crashed below $67,000 on October 21, although it quickly reclaimed this level as support before the daily close. This price decline is believed to be due to its correlation with the stock market, which also experienced a drop of its own.  Why The Bitcoin Price Dropped Below $67,000 The Bitcoin price… Continue reading Here’s Why The Bitcoin Price Saw Sharp Crash Below $67,000→

Expert Sets $285,000 Bitcoin Price Target Based On Quantile Model

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Sina—a professor, consultant, and co-founder & COO of 21stCapital.com—is projecting that the Bitcoin price could rise as high as $285,000 by the end of 2025 in a new analysis shared on X. Utilizing a quantile regression model, Sina identifies distinct phases in Bitcoin’s market cycle. Can Bitcoin Price Skyrocket Above $200,000? The accumulate.” The Warm… Continue reading Expert Sets $285,000 Bitcoin Price Target Based On Quantile Model→

Bitcoin Cup And Handle Cascade: Analyst Says BTC Price Could Reach $230,000 If It Follows This Structural Path

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A crypto analyst has projected a significant break to the upside for Bitcoin, drawing parallels to similar breakouts in traditional assets in the tune of the Gold and the S&P500. According to a technical analysis of the current price action, Bitcoin is playing out a cup and handle pattern, which could send it surging to… Continue reading Bitcoin Cup And Handle Cascade: Analyst Says BTC Price Could Reach $230,000 If It Follows This Structural Path→

HODL Fever: Bitcoin Holders Refuse To Sell As Data Shows Record BTC Stash

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Several investing strategies have emerged as Bitcoin and crypto continue to grow in value and expand their use cases. For many, the investing thesis focuses on Bitcoin and Ethereum, two of the biggest cryptos by market cap. Others value finding the next ‘meme coin’ ready for a bull run. But perhaps their most enduring strategy… Continue reading HODL Fever: Bitcoin Holders Refuse To Sell As Data Shows Record BTC Stash→

7 Reasons To Be Bullish On Bitcoin This Week

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In an analysis shared on X, crypto analyst Patric H. from CryptelligenceX outlines seven reasons why investors should be bullish about the Bitcoin price trajectory this week. “How can anyone be bearish here?! BTC broke the weekly downtrend, closing above key levels, and some people still call for sub-$40k?! Sorry, bears, you clearly missed the… Continue reading 7 Reasons To Be Bullish On Bitcoin This Week→

Bitcoin Leverage Ratio Witnesses Notable Spike — Bullish Or Bearish For Price?

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Over the past week, Bitcoin (BTC) has been enjoying attention from all tiers of investors; from short-term traders to institutional players. This can be seen in the strong performance of spot Bitcoin ETFs in the previous week. Similarly, the Bitcoin derivatives market appears to be witnessing increased risk-taking behavior from traders as shown by recent… Continue reading Bitcoin Leverage Ratio Witnesses Notable Spike — Bullish Or Bearish For Price?→

Spot Bitcoin ETFs Draw Over $2 Billion Inflows As Ethereum ETFs Turn Green Again – Details

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The US-based spot Bitcoin ETFs produced a magnificent performance in the past week recording $2.1 billion in net inflows. Meanwhile, their Ethereum counterparts have finally turned the corner registering their third positive weekly inflows since their trading debut in July. Spot Bitcoin ETFs Record Highest Daily Inflow Since June After a return to positive net… Continue reading Spot Bitcoin ETFs Draw Over $2 Billion Inflows As Ethereum ETFs Turn Green Again – Details→