Tag Archives: Bitcoin Exchange Inflow

Bitcoin Rally On The Line: Analyst Explains Why This Weekly Close Is Critical

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Bitcoin (BTC) sits at a technical crossroads after losing a crucial support level, leading some market observers to suggest that this week’s price will be decisive for whether the flagship crypto can reclaim upside momentum or extend its recent losses. Bitcoin 21W EMA Retest To Be Decisive After closing the week at around $77,450, Bitcoin… Continue reading Bitcoin Rally On The Line: Analyst Explains Why This Weekly Close Is Critical→

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→