Tag Archives: Bitcoin Exchange Inflow

Bitcoin Could See Short-Term Pullback Following Price Rebound — Analyst

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On April 17th, Bitcoin rose by 2.77%, after Iran declared the Strait of Hormuz commercially open for the rest of its 10-day ceasefire with the US. With the market anticipating further upward movement, an on-chain analysis suggests a retracement could be the next event. On-Chain Metrics Signal Imminent BTC Pullback In a recent QuickTake post… Continue reading Bitcoin Could See Short-Term Pullback Following Price Rebound — Analyst→

Bitcoin Exchange Inflow Hits $2 Billion As Profit-Taking Phase Lingers

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After days of intense bearish action, the price of Bitcoin appears to be entering a calmer state, as it recovers above the $86,000 level. The latest on-chain data shows that several investors tried to take some profit in the past week, providing a basis for the premier cryptocurrency registering a double-digit loss.  Bitcoin Exchange Inflow… Continue reading Bitcoin Exchange Inflow Hits $2 Billion As Profit-Taking Phase Lingers→