Tag Archives: btcusd

US Spot Bitcoin ETFs Open Q4 2024 With $300 Million Weekly Outflows – Details

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Spot Bitcoin ETFs launched the fourth quarter of 2024 on a turbulent note ending the week with a net negative outflow of over $300 million. This development occurred in tandem with Bitcoin’s bearish start to October in which it declined over 6% in the first five days of the month. Related Reading: US Spot Bitcoin… Continue reading US Spot Bitcoin ETFs Open Q4 2024 With $300 Million Weekly Outflows – Details→

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→

Bitcoin Price Fall Increases Buying Momentum, Pushes Exchange BTC Balances To 6-Year Lows

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Following a major price decline in Bitcoin (BTC), market sentiment BTC buying momentum, resulting in the Bitcoin balances on various exchanges dropping to six-year lows.  Bitcoin Reserve On Exchanges Sees Sharp Plunge  With ongoing market volatility and the recent decline in Bitcoin, on-chain data has identified a significant shift in the cryptocurrency’s market activity. CryptoQuant’s… Continue reading Bitcoin Price Fall Increases Buying Momentum, Pushes Exchange BTC Balances To 6-Year Lows→

Bitcoin Whales Move Out Of Character With This Bull Market, What’s Happening?

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Ki Young Ju, the founder of the on-chain analytics platform CryptoQuant, revealed that Bitcoin whales are currently moving out of character in terms of profit-taking. These whales likely believe that the bull is far from over, which is why they haven’t secured as much profit as they have done in previous bull runs.  Bitcoin Whales… Continue reading Bitcoin Whales Move Out Of Character With This Bull Market, What’s Happening?→

Analyst Says Bitcoin Crash Might Not Be Over, Why $60,365 Is Important

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Crypto analyst Ali Martinez has suggested that the Bitcoin crash might not be over despite the relief rally to $61,000. The analyst highlighted the $60,365 price level as being important to avoid a potential crash to as low as $57,000. Bitcoin Needs To Hold Above This Price Level To Avoid Crash Martinez stated in an… Continue reading Analyst Says Bitcoin Crash Might Not Be Over, Why $60,365 Is Important→

What’s Holding Bitcoin Back? Analyst Says $71,000 Is The Magic Number

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Veteran trader Peter Brandt believes that the recent rally of Bitcoin still isn’t enough to flip the long-term bearish trend. While BTC did have a brief surge, he insists it hasn’t reached the levels needed to confirm a bullish reversal. Bitcoin needs to break $71,000 first and then confirm that, says Brandt. And while he… Continue reading What’s Holding Bitcoin Back? Analyst Says $71,000 Is The Magic Number→

Veteran Crypto Trader Says Bitcoin Is Forming A ‘Three Blind Mice’ Pattern, What Does This Mean?

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Veteran crypto trader Peter Brandt has stated that Bitcoin (BTC) is forming a ‘three blind mice’ pattern without confirming whether this is bullish or bearish for the flagship crypto. His statement has got the crypto community searching for answers as to what this pattern might mean for BTC.  Veteran Crypto Trader Says Bitcoin Has Formed… Continue reading Veteran Crypto Trader Says Bitcoin Is Forming A ‘Three Blind Mice’ Pattern, What Does This Mean?→

Is Crypto Losing Steam? Bitcoin And Ethereum Addresses Shrink In 2024

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The cryptocurrency market is presently experiencing a substantial decline, as both Bitcoin and Ethereum have experienced a substantial decrease in active addresses. This trend, which has persisted throughout 2024, has triggered apprehension regarding the future of these prominent cryptocurrencies. The implications for market dynamics could be profound as investor enthusiasm diminishes. Declining Active Addresses According… Continue reading Is Crypto Losing Steam? Bitcoin And Ethereum Addresses Shrink In 2024→

Crypto Capo Returns After 2 Months To Predict Ethereum Decline To $1,800, Is It Time To Go Long?

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Popular crypto analyst Il Capo of Crypto has returned to social media platform X after over two months of hiatus to drop an interesting outlook for Bitcoin and Ethereum in the coming months in light of the recent correction since the beginning of October. The analyst, which has been so big on a looming altseason… Continue reading Crypto Capo Returns After 2 Months To Predict Ethereum Decline To $1,800, Is It Time To Go Long?→

Bitcoin Price Poised for a Fresh Rally, Unless This Level Breaks

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Bitcoin price is consolidating above the $60,000 support. BTC could aim for a fresh increase unless there is a close below the $60,000 support. Bitcoin is consolidating above the $60,000 support zone. The price is trading below $61,500 and the 100 hourly Simple moving average. There is a key bearish trend line with resistance at… Continue reading Bitcoin Price Poised for a Fresh Rally, Unless This Level Breaks→