Tag Archives: bitcoin

Bitcoin On-Chain Data Hints At Macro Bottom Near $47,960 – Details

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The Bitcoin bear market is now six months in and showing no signs of letting up. During this time, a cycle low of $60,000 was established, preceding the present consolidation action being seen. However, bearish sentiments remain at heightened levels, especially considering the disturbed geopolitical landscape of the past month. While there have been encouraging signs… Continue reading Bitcoin On-Chain Data Hints At Macro Bottom Near $47,960 – Details→

Analyst Identifies $63,000 As Key Support For Next Bitcoin Move

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A popular crypto trader has come forward on the social media platform X to predict that the Bitcoin price might soon head further downwards to the $63,000 level. This prognosis is based on the liquidity dynamics that have, over the past few weeks, driven the flagship cryptocurrency’s price.  Bitcoin Market Structure Suggests More Volatility Ahead … Continue reading Analyst Identifies $63,000 As Key Support For Next Bitcoin Move→

Analyst Who Called Bitcoin Top Says Price Is Going To $200,000, But Should You Buy Now?

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Crypto analyst Doctor Profit, who called the Bitcoin top, has predicted that BTC could still rally to $200,000, marking a new all-time high (ATH) for the leading crypto. However, the analyst suggested now isn’t a good time to buy as BTC is still likely to drop lower.  Bitcoin Still Going To Rally To $200,000 But… Continue reading Analyst Who Called Bitcoin Top Says Price Is Going To $200,000, But Should You Buy Now?→

Bitcoin Retail Activity Hits 9-Year Low — Here’s Why

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Amid the ongoing bear market, crypto analyst Darkfost reports that trading activity among Bitcoin retail investors has reached a new low, suggesting a notable decline in participation. However, broader on-chain data provides deeper context to this trend, pointing to a mix of both constructive and concerning underlying drivers. Decoding Puzzling Moves By Bitcoin Retail Traders… Continue reading Bitcoin Retail Activity Hits 9-Year Low — Here’s Why→

Who Is Really Selling Bitcoin? Analyst Uncovers The On-chain Dynamics 

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Bitcoin traded within a range-bound spell throughout March, with prices briefly rallying to $75,000 before falling back within the boundaries of the $63,000-$71,000 range. However, despite this, Bitcoin price struggles within this consolidation phase; the underlying dynamics are telling an interesting story concerning who the current distributors of Bitcoin are. Short-Term Holders Dominate Sell-Side Pressure… Continue reading Who Is Really Selling Bitcoin? Analyst Uncovers The On-chain Dynamics →

Bitcoin Price Breakdown To $45,000: The Levels To Watch Out For Next Steps

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The Bitcoin price recently broke down to $66,000, and a bearish retest of $69,000 has now been confirmed, two conditions that technical analysis shows are prerequisites for a move to $45,000. With both boxes checked, the path of least resistance is pointing to a considerably lower move, and the levels ahead will determine how this… Continue reading Bitcoin Price Breakdown To $45,000: The Levels To Watch Out For Next Steps→

Bitcoin And Ethereum Adoption Gets A Boost From Schwab Launch

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Adoption of Bitcoin and Ethereum is poised to take a significant step forward as Charles Schwab introduces direct trading for both assets on its platform. As one of the largest financial institutions in the world, managing trillions in client assets, Schwab’s entry into the crypto space represents a major bridge between traditional finance and digital… Continue reading Bitcoin And Ethereum Adoption Gets A Boost From Schwab Launch→

Standard Chartered Sees Bitcoin Exploding To $500K By 2030

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Ethereum could outpace Bitcoin by a wide margin over the next four years — at least according to one of the most bullish forecasts to come out of traditional banking. That is the view from Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered, who laid out the projection in a recent podcast… Continue reading Standard Chartered Sees Bitcoin Exploding To $500K By 2030→

Bitcoin Sharks & Whales Capitulate: Realized Loss Exceeds $200M

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On-chain data shows the large Bitcoin holders have been participating in a notable amount of loss realization recently, a sign of capitulation. Bitcoin Sharks & Whales See High Values On Realized Loss Metric In a new Realized Loss” here refers to an indicator that measures, as its name suggests, the total amount of loss that… Continue reading Bitcoin Sharks & Whales Capitulate: Realized Loss Exceeds $200M→

Bitcoin ETFs Gaining Ground, Could Soon Surpass Gold—Analyst

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Gold shed billions in March. Bitcoin quietly pulled in more than a billion. Flows Tell A Diverging Story US spot Bitcoin exchange-traded funds attracted $1.32 billion in net inflows last month, even as US-based gold ETFs bled $2.92 billion in net outflows over the same period. The gap caught the attention of Bloomberg ETF analyst… Continue reading Bitcoin ETFs Gaining Ground, Could Soon Surpass Gold—Analyst→