Bitcoin Open Interest Hits ATH As BTC Nears $100K – What To Expect?

Bitcoin has shattered records again, reaching a new all-time high of $97,903 just hours ago. The cryptocurrency market is exciting as Bitcoin leads the charge, delivering explosive gains that have fueled widespread bullish sentiment. Investors and traders alike speculate this rally is far from over, with Bitcoin edging closer to the monumental $100,000 mark. Key… Continue reading Bitcoin Open Interest Hits ATH As BTC Nears $100K – What To Expect?

Bitcoin Demand Outweighs Supply As LTH Enter Active Distribution Phase

Bitcoin (BTC) has held steady above the $88,000 mark over the past few days, showcasing resilience as the broader market anticipates its next move. Price action remains robust, leaving investors waiting for lower prices frustrated, as BTC shows no signs of providing an easy entry point anytime soon. Key data from CryptoQuant reveals that long-term… Continue reading Bitcoin Demand Outweighs Supply As LTH Enter Active Distribution Phase

Bitcoin ‘Parabolic Phase Just Begun’, Is BTC Hitting $100,000 This Week?

Bitcoin (BTC) started the week by breaking out of a bullish pattern after moving sideways for most of the weekend. The flagship cryptocurrency just started its “parabolic phase,” sitting 3.4% below its all-time high (ATH), which could bring “massive moves” for BTC this week. Bitcoin ‘Parabolic Phase’ Just Started Bitcoin has seen a massive surge… Continue reading Bitcoin ‘Parabolic Phase Just Begun’, Is BTC Hitting $100,000 This Week?

Bitcoin Demand Outpaces Supply – On-Chain Metrics Reveal Low Seller Volume

Bitcoin spent the weekend trading within a relatively narrow range of $91,700 to $88,700, demonstrating robust price action. Despite the lack of significant price movement, the consistent ability to hold within this range underscores Bitcoin’s current strength and growing market confidence. Key data from CryptoQuant adds further optimism, revealing a notable reduction in selling pressure.… Continue reading Bitcoin Demand Outpaces Supply – On-Chain Metrics Reveal Low Seller Volume

Bitcoin Miners Sold Over 3,000 BTC In The Past 48 Hours – Consolidation Phase Ahead?

Bitcoin has maintained its bullish momentum over the weekend, solidifying its position above the $90,000 mark. This milestone showcases Bitcoin’s resilience as it continues to captivate investors with its upward trajectory. The market has been buzzing with optimism as Bitcoin inches closer to new highs. However, recent on-chain data suggests that a potential pullback could… Continue reading Bitcoin Miners Sold Over 3,000 BTC In The Past 48 Hours – Consolidation Phase Ahead?

Bitcoin Profit Taking Relatively Muted Amid $93K Rally – Can BTC Climb Higher?

Bitcoin (BTC) recently reached a new all-time high (ATH) of $93,477, as the leading digital asset inches closer to the highly anticipated $100,000 target. Notably, the ongoing price rally has seen relatively muted profit-taking, fueling hopes that BTC has further room to surge. Low Profit-Taking For Bitcoin In Current Cycle According to a recent spot… Continue reading Bitcoin Profit Taking Relatively Muted Amid $93K Rally – Can BTC Climb Higher?

Bitcoin Trader Unrealized Profit Margins At High Levels – Risk Of Correction?

Bitcoin set a new all-time high yesterday, reaching $93,483, continuing its impressive rally without significant setbacks. Over the past nine days, the crypto leader has surged with minimal dips, not falling more than 5% during this bullish phase. This relentless price action has drawn widespread attention as Bitcoin defies expectations and resists any notable pullback.… Continue reading Bitcoin Trader Unrealized Profit Margins At High Levels – Risk Of Correction?

Bitcoin Consolidates After Recent Surge – Metrics Reveal Moderate Selling Pressure

Bitcoin has reached a new all-time high of $90,243 following a week of relentless upward momentum. After days marked by euphoria and rapid gains, the price is now entering a consolidation phase, providing a much-needed pause for the market.  Key data from CryptoQuant indicates moderate selling pressure is emerging, which may signal a brief pullback… Continue reading Bitcoin Consolidates After Recent Surge – Metrics Reveal Moderate Selling Pressure

Market ‘Pricing In A Higher Fair Value’ For Bitcoin As Price Discovery Continues

Bitcoin (BTC) has performed remarkably over the past week, surging 30% since the November 5 US election. The flagship crypto surpassed its March all-time high (ATH), recording a new high nearly every day for the last seven days. Bitfinex analysts noted that the market remains “relatively stable” despite increased speculative activity. Bitcoin ‘Fair Value’ Priced… Continue reading Market ‘Pricing In A Higher Fair Value’ For Bitcoin As Price Discovery Continues

Bitcoin Weekly RSI Entering Power Zone – Last Time BTC Soared 80%

Bitcoin experienced an explosive surge yesterday, with bulls driving the price to a new all-time high (gain) at $89,980. This relentless uptrend highlights growing optimism among investors as Bitcoin continues to break new ground.  Renowned trader and analyst Cheds recently shared a compelling technical insight, noting that Bitcoin’s weekly Relative Strength Index (RSI) is nearing… Continue reading Bitcoin Weekly RSI Entering Power Zone – Last Time BTC Soared 80%