Bitcoin Breaks Above Mid-Term Holder Breakeven – Is A Fresh Rally Brewing?

Bitcoin (BTC) has surged from around $108,000 on September 1 to above $115,000 at the time of writing – recording a gain of roughly 4% over the past two weeks. However, fresh on-chain data suggests that Bitcoin may be on the cusp of a fresh rally that could propel it to new all-time highs (ATH).… Continue reading Bitcoin Breaks Above Mid-Term Holder Breakeven – Is A Fresh Rally Brewing?

Bitcoin Finds Support At Short-Term Holder Cost Basis, But For How Long?

Bitcoin has seen a rebound since retesting the short-term holder Realized Price, a sign that this historical on-chain support may be holding. Bitcoin Short-Term Holder Realized Price Just Acted As Support As explained by CryptoQuant author IT Tech in an X Realized Price” here refers to an on-chain indicator that measures the cost basis of… Continue reading Bitcoin Finds Support At Short-Term Holder Cost Basis, But For How Long?

BTC Traders Remain Far From -12% Capitulation Zone – What Does This Mean?

Bitcoin recorded a slight 1.50% price gain in the past 24 hours, with prices now hovering within the $109,000 price range, after a significant price correction from last week. While general market sentiment remains neutral, recent data from blockchain analytics firm CryptoQuant suggests the leading cryptocurrency may experience further price drops before any potential full… Continue reading BTC Traders Remain Far From -12% Capitulation Zone – What Does This Mean?

$141,000 Could Be Next Key Bitcoin Resistance If Price Breaks Higher, Report Says

A new Glassnode report has revealed that $141,000 could end up being the next major resistance for Bitcoin, should its price break convincingly higher. Bitcoin Is Currently Trading Between These Two STH Pricing Bands In its latest weekly report, the on-chain analytics firm Short-Term Holder (STH) Cost Basis and some pricing bands derived from it.… Continue reading $141,000 Could Be Next Key Bitcoin Resistance If Price Breaks Higher, Report Says

Bitcoin MVRV Pricing Bands Hint At $130K, But Only If This Support Holds

Top market analyst Ali Martinez has shared on-chain data that tips Bitcoin to reach a $130,000 valuation, albeit on one condition. This bullish price prediction comes following a slight 2.6% price rebound over the past two days, pushing Bitcoin within the $118,000 price range. $110K Emerges As Crucial Bitcoin Support Zone – Here’s Why In… Continue reading Bitcoin MVRV Pricing Bands Hint At $130K, But Only If This Support Holds

New Bitcoin Whales Sitting On 185% Higher Cost Basis Than HODLer Whales, Data Shows

On-chain data shows the Bitcoin short-term holder whales have recently been entering at three times higher prices than the cost basis of the long-term holder whales. New Bitcoin Whales Have Cost Basis Around $91,900 In a new Realized Price” here refers to an indicator that keeps track of the cost basis or acquisition level of… Continue reading New Bitcoin Whales Sitting On 185% Higher Cost Basis Than HODLer Whales, Data Shows

Bitcoin Short-Term Holders Back In Green As Price Breaks $94,000

On-chain data shows the Bitcoin price has reclaimed the cost basis of the short-term holders, a level that has historically been psychologically important. Bitcoin Is Now Back Above The Short-Term Holder Realized Price In a new Realized Price” here refers to an indicator that keeps track of the cost basis or acquisition level of the average… Continue reading Bitcoin Short-Term Holders Back In Green As Price Breaks $94,000

Bitcoin’s Most Critical Support Level At $69,000 — Here’s Why

The price of Bitcoin made a strong start to the month of April, reaching as high as $87,000 on Wednesday, April 2. The flagship cryptocurrency couldn’t sustain this blistering momentum, dropping below $84,000 in the late hours of Friday, April 4. However, the BTC price has been relatively stable compared to the altcoin market and… Continue reading Bitcoin’s Most Critical Support Level At $69,000 — Here’s Why

How Close Is Bitcoin To A Bear Market? This Historical Level May Contain Hints

A Bitcoin on-chain level has historically served as the boundary for bear markets. Here’s how far the asset’s price is currently from this line. Bitcoin Is Above Realized Price Of All Major Cohorts Right Now In a new post on X, CryptoQuant founder and CEO Ki Young Ju has discussed where the Realized Price currently… Continue reading How Close Is Bitcoin To A Bear Market? This Historical Level May Contain Hints

Bitcoin Decline Continues: Is $86,800 The Level To Watch?

On-chain data shows the Realized Price of the Bitcoin short-term holders lies at $86,800 right now, making the level one to watch. Bitcoin Is Still At A Notable Gap From Short-Term Holder Cost Basis In a new Market Value to Realized Value (MVRV) Ratio,” which keeps track of the ratio between BTC’s Market Cap and… Continue reading Bitcoin Decline Continues: Is $86,800 The Level To Watch?