Tag Archives: bitcoin rally

Bitcoin Could Drop Below $90,000 If It Doesn’t Break This Level, Rally On Pause?

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Bitcoin (BTC) has been consolidating above the $90,000 support zone for the last ten days, reaching its latest all-time high (ATH) of $99,645 about a week ago. Since then, the cryptocurrency has closed below a short-term downtrend line, failing to break above it and potentially risking a drop to two-week lows. Bitcoin Faces ‘Moment Of… Continue reading Bitcoin Could Drop Below $90,000 If It Doesn’t Break This Level, Rally On Pause?→

Bitcoin Rally Benefits From US Buyers – Coinbase Premium Gap Reveals Strong Demand

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Bitcoin has surged past the $99,800 mark, setting another all-time high as it inches closer to the psychological $100,000 milestone. Despite briefly testing the level, BTC has yet to break through, leaving investors and analysts eagerly anticipating the next move. With demand remaining robust, the stage appears set for Bitcoin to push past this key… Continue reading Bitcoin Rally Benefits From US Buyers – Coinbase Premium Gap Reveals Strong Demand→

Bitcoin Officially In Overheated MVRV Zone, Rally End Near?

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On-chain data shows Bitcoin has recently surpassed a level of the Market Value to Realized Value (MVRV) Ratio that has historically signaled overheated conditions. Bitcoin Has Surpassed Highest MVRV Deviation Pricing Band In its latest weekly report, the on-chain analytics firm MVRV Ratio. The MVRV Ratio is a popular BTC indicator that keeps track of… Continue reading Bitcoin Officially In Overheated MVRV Zone, Rally End Near?→

Bitcoin Hashrate Falls Off, Miners Expecting Pause In Bull Run?

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On-chain data shows the Bitcoin Hashrate has seen a setback recently, a potential indication that miners may not believe the asset’s run would last. Bitcoin Mining Hashrate Has Declined Since Its All-Time High The “Hashrate” refers to a metric that keeps track of the miners’ total computing power currently attached to the Bitcoin network. This… Continue reading Bitcoin Hashrate Falls Off, Miners Expecting Pause In Bull Run?→

Bitcoin Sentiment Enters Danger Zone: Investors Now Extremely Greedy

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Data shows the Bitcoin investor sentiment has entered extreme greed territory following the asset’s surge to a new all-time high (ATH). Bitcoin Fear & Greed Index Is Now Pointing At ‘Extreme Greed’ The “Fear & Greed Index” is an indicator created by Alternative that tells us about the average sentiment among the traders in the… Continue reading Bitcoin Sentiment Enters Danger Zone: Investors Now Extremely Greedy→

Bitcoin Records $75,000 All-Time High: Here’s If BTC Is ‘Overheated’ Now

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Here’s what the legendary Bitcoin Market Value to Realized Value (MRVRV) Ratio says about whether Bitcoin is currently overheated or not. Bitcoin MVRV Ratio Has Risen Alongside The Latest Rally In a CryptoQuant Quicktake MVRV Ratio” is an on-chain metric that keeps track of the ratio between the Bitcoin market cap and realized cap. The… Continue reading Bitcoin Records $75,000 All-Time High: Here’s If BTC Is ‘Overheated’ Now→

Bitcoin Needs Daily Close Above $76,000 To Confirm True Breakout: Analyst

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Bitcoin (BTC) is closing in on its all-time high (ATH), bringing excitement among bulls. However, seasoned analyst Peter Brandt advises caution, urging bulls to stay excited yet avoid becoming dogmatic. Bitcoin Breakout Yet To Be Confirmed After a lackluster start to October – a historically bullish month for Bitcoin – the digital asset is exchanging… Continue reading Bitcoin Needs Daily Close Above $76,000 To Confirm True Breakout: Analyst→

Bitcoin Coinbase Premium Is Negative Despite $68,000 Rally: What It Means

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Data shows the Bitcoin Coinbase Premium Index has remained negative during the rally to $68,000. Here’s what this could mean for the asset. Bitcoin Coinbase Premium Index Is Currently Showing Red Values As explained by an analyst in a CryptoQuant Quicktake Coinbase Premium Index” is an indicator that measures the difference between the Bitcoin prices… Continue reading Bitcoin Coinbase Premium Is Negative Despite $68,000 Rally: What It Means→

Bitcoin Supply In Loss Nears 20%: Could This Trigger A Fresh Surge?

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On-chain data shows the Bitcoin supply in loss has shot up close to the 20% mark after the recent bearish action in the coin’s price. Bitcoin UTXO Supply In Loss Has Seen A Sharp Increase Recently In a new UTXO Supply in Loss” measures, as its name suggests, the total percentage of UTXOs in existence… Continue reading Bitcoin Supply In Loss Nears 20%: Could This Trigger A Fresh Surge?→

Bitcoin Holds Steady As Bullish Breakout Awaits These Conditions – Details

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According to data from CoinMarketCap, Bitcoin currently hovers near the $62,000 price mark with no significant movement in the past day. Notably, the premier cryptocurrency has slipped into a minor consolidation state since the little gains recorded on Friday. However, for long-term traders, Bitcoin has remained in a range-bound movement stretching to March. And while… Continue reading Bitcoin Holds Steady As Bullish Breakout Awaits These Conditions – Details→