Tag Archives: cryptoquant

Bitcoin Risks Deeper Losses If $107,800 Line Fails To Hold – Details

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Since reaching a new all-time high of $124,427 on August 14, Bitcoin has entered a prolonged corrective phase, losing 12.18% of its value over the last two weeks. With market prices now moving within the $109,000 range, market analyst Yonsei_dent has identified a pivotal support level to the present bullish market structure. Bitcoin’s $107,800 Line… Continue reading Bitcoin Risks Deeper Losses If $107,800 Line Fails To Hold – Details→

Bitcoin’s Next Stop $183K? On-Chain Data Points to Explosive Cycle Peak

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Bitcoin remains under pressure after sliding from its all-time high above $124,000 earlier this month. At the time of writing, the asset trades at $110,219, reflecting a weekly decline of about 2% and a broader drop of more than 10% from its peak. Despite the correction, analysts continue to examine on-chain data for signs of… Continue reading Bitcoin’s Next Stop $183K? On-Chain Data Points to Explosive Cycle Peak→

Bitcoin’s Short-Term Fate Hinges On $112,000 Realized Price Level – Details

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The Bitcoin market remains in an intense corrective phase after prices registered a significant 6.7% price decline in the past week. The premier cryptocurrency is presently valued at around $108,000, which recent on-chain data describes as a rather volatile state. Notably, there is a need for an immediate price rebound or Bitcoin risks a further… Continue reading Bitcoin’s Short-Term Fate Hinges On $112,000 Realized Price Level – Details→

TRON Faces Key Resistance With Potential Breakout Target at $0.50

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TRON (TRX) has been experiencing muted performance in recent weeks, trading at $0.3389 at the time of writing. This represents a 21.4% decline from its all-time high of $0.4313, recorded late last year. Despite relatively stable price levels in recent days, the lack of upward momentum suggests investors might be carefully watching for a catalyst… Continue reading TRON Faces Key Resistance With Potential Breakout Target at $0.50→

Extreme Greed Grips TRON: Could a Market Pullback Be Next?

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TRON (TRX) has been showing signs of slowing momentum after its climb near previous highs. The token is currently priced at $0.3486, reflecting a 19.2% decline from its all-time high of $0.4313 recorded late last year. Over the past week, the market has seen limited upward movement, with TRX trading in a narrow range, suggesting… Continue reading Extreme Greed Grips TRON: Could a Market Pullback Be Next?→

Bitcoin Rally Over? CryptoQuant’s Bull Score Index Turns Bearish

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CryptoQuant’s Bitcoin Bull Score Index has dropped to a value of 20, hinting that a potential bearish transition could have occurred for the asset. Bitcoin Bull Score Index Is Now In “Extra Bearish” Territory In a new Bull Score Index” has changed for Bitcoin after its recent price drawdown. The Bull Score Index is an… Continue reading Bitcoin Rally Over? CryptoQuant’s Bull Score Index Turns Bearish→

Bitcoin Faces Pressure as Taker Ratio Hits Lowest Level Since Last Cycle’s Peak

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Bitcoin (BTC) continues to show signs of weakness after recently setting a new all-time high earlier this month. As of today, the cryptocurrency is trading at $110,595, reflecting a 4.2% decline over the past week and an 11% drop from its peak of $124,000. The correction highlights an ongoing struggle for momentum even as broader… Continue reading Bitcoin Faces Pressure as Taker Ratio Hits Lowest Level Since Last Cycle’s Peak→

Bitcoin On-Chain Model Shows Critical Support At $104,000-$108,000 – Details

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Prominent analytics firm Glassnode has shared new on-chain insights into the Bitcoin market, pointing to the next major support zone amid a euphoric market mood on Friday. The world’s leading cryptocurrency briefly surged to above $117,000 after comments from US Federal Reserve Chairman Jerome Powell signaled a possible shift away from the central bank’s long-standing… Continue reading Bitcoin On-Chain Model Shows Critical Support At $104,000-$108,000 – Details→

Bitcoin Slides Below $120K as Buyers Retreat, Is the Rally Already Over?

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Bitcoin continues to trade below its recent highs, extending a pullback that began after reaching a record level above $124,000 last week. As of today, the cryptocurrency is priced around $115,347, reflecting a 7.7% drop from its peak and a 3% decline over the past week. The downturn highlights a loss of momentum, with market… Continue reading Bitcoin Slides Below $120K as Buyers Retreat, Is the Rally Already Over?→

Could Ethereum Be Eyeing New Highs? Analyst Spot Bullish Trends in Netflow Data

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Ethereum’s price has maintained notable strength in recent weeks, giving many investors reason for cautious optimism. The asset briefly traded near $4,700 last week, close to its all-time high of $4,878 recorded in 2021, before correcting to its current level around $4,633. Despite this pullback, Ethereum is still up nearly 30% over the past month,… Continue reading Could Ethereum Be Eyeing New Highs? Analyst Spot Bullish Trends in Netflow Data→