Tag Archives: cryptoquant

Analyst Compares Current Bitcoin Pullback to 2024 Market—Here’s What They Found

Posted on by — No Comments ↓

Bitcoin continues to experience short-term volatility, struggling to maintain momentum above key resistance levels. After recently attempting to break back above the psychological $90,000 level, the asset has pulled back again. As of the time of writing, Bitcoin is trading at approximately $83,239, down 2.2% over the past 24 hours and nearly 23% below its… Continue reading Analyst Compares Current Bitcoin Pullback to 2024 Market—Here’s What They Found→

Net Taker Volume on Binance Hits Yearly High Amid Bitcoin Price Consolidation

Posted on by — No Comments ↓

Bitcoin continues to trade just below the $84,000 mark, reflecting a broader slowdown in upward momentum. Despite attempts to reclaim higher levels, the cryptocurrency has remained under the $90,000 mark for over two weeks. This current range-bound activity comes nearly two months after Bitcoin touched its all-time high in January, indicating a period of uncertainty… Continue reading Net Taker Volume on Binance Hits Yearly High Amid Bitcoin Price Consolidation→

Bitcoin’s Realized Cap and UTXO Data Signal a Major Shift—Here’s What to Watch

Posted on by — No Comments ↓

Bitcoin is currently demonstrating signs of recovery, with its price climbing above $86,000, marking a 2.7% increase in the past day. Despite this recent uptick, BTC remains approximately 20% below its all-time high of $109,000, recorded in January. While the asset’s price action is known to be a focal point for analysis, on-chain data provides… Continue reading Bitcoin’s Realized Cap and UTXO Data Signal a Major Shift—Here’s What to Watch→

Bitcoin Whales Are Back—Could This Be the Catalyst for the Next Rally?

Posted on by — No Comments ↓

Bitcoin (BTC) continues to trade below the psychological $90,000 level, with its price standing at $82,346. This marks a 24.3% drop from its all-time high above $109,000 recorded in January. Despite this downward trend, new on-chain data suggests that a surge of high-net-worth investors, or “new whales,” has been accumulating BTC aggressively, which could have… Continue reading Bitcoin Whales Are Back—Could This Be the Catalyst for the Next Rally?→

This Bear Market Indicator Says Bitcoin Price Is Headed For Crash To $40,000, Here’s When

Posted on by — No Comments ↓

The Bitcoin price could be headed for more pain, as a crypto analyst has identified a new bear market indicator that suggests a crash to $40,000 is imminent. The analyst has predicted when this deep price decline is set to occur, warning investors to remain cautious or risk selling at a loss.  Xanrox, a crypto… Continue reading This Bear Market Indicator Says Bitcoin Price Is Headed For Crash To $40,000, Here’s When→

Ethereum Struggles Below $2K as Bitcoin Recovers—Will ETH Catch Up?

Posted on by — No Comments ↓

The cryptocurrency market has witnessed diverging performances between its two largest assets, Bitcoin (BTC) and Ethereum (ETH). While Bitcoin has shown signs of recovery, gaining 3.8% over the past two weeks and reclaiming the $85,000 price level, Ethereum has struggled to keep up. ETH remains below the $2,000 mark, a level it fell below last… Continue reading Ethereum Struggles Below $2K as Bitcoin Recovers—Will ETH Catch Up?→

Ethereum Could Be Mirroring Bitcoin’s 2018-2021 Cycle Amid Record Selling

Posted on by — No Comments ↓

Crypto analyst The Cryptagon has raised the possibility of the Ethereum price mirroring Bitcoin’s 2018 to 2021 cycle, which he indicated was bullish ETH. This development comes amid record selling among ETH investors, which continues to exert downward pressure on the crypto.  Ethereum Could Be Mirroring Bitcoin’s 2018-2021 Cycle  In a TradingView post, the Cryptagon… Continue reading Ethereum Could Be Mirroring Bitcoin’s 2018-2021 Cycle Amid Record Selling→

Bitcoin Struggles Below $82K While Coinbase Premium Rises—What’s Next?

Posted on by — No Comments ↓

Bitcoin continues to face challenges in regaining upward momentum, with the cryptocurrency still trading below $82,000 as of today. The asset remains 25.1% below its all-time high of $109,000, recorded in January. Over the past 24 hours, BTC has seen an additional 0.7% decline, reflecting ongoing market hesitation and uncertainty among investors. Amid this price… Continue reading Bitcoin Struggles Below $82K While Coinbase Premium Rises—What’s Next?→

Bitcoin’s SOPR Nears Critical Level—Is a Deeper Correction Ahead?

Posted on by — No Comments ↓

Bitcoin’s price has continued its gradual decline, now trading just above $81,000, marking a significant drop from its all-time high (ATH) in January. At the time of writing, BTC stands at $81,086, reflecting a 1.7% increase in the past 24 hours but still showing a 2.3% decrease over the past week. The ongoing correction has… Continue reading Bitcoin’s SOPR Nears Critical Level—Is a Deeper Correction Ahead?→

Bitcoin Slips Below $80,000—Here’s What Could Happen Next

Posted on by — No Comments ↓

Bitcoin’s price has continued its downward trend, struggling to regain momentum after reaching its all-time high of $109,000 in January. Over the past week, Bitcoin has declined by 14.6%, with its price dropping an additional 4.4% in the last 24 hours. As of today, Bitcoin is trading at $79,766, pushing it nearly 27% below its… Continue reading Bitcoin Slips Below $80,000—Here’s What Could Happen Next→