Tag Archives: cryptoquant

Bitcoin STH Holds Steady: No Panic Amid Middle East Conflict – Details

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Market analyst MorenoDV_ reports a muted response by Bitcoin short-term holders (STH) to a combined attack by the US and Israel on Iran. The observation is important considering the previous sell-offs that have dominated the market in recent months. Bitcoin STH Reaction To Geopolitical Conflict Signals Seller Exhaustion – What Next?  The Bitcoin short-term holders… Continue reading Bitcoin STH Holds Steady: No Panic Amid Middle East Conflict – Details→

Bitcoin Historical Cycle Pattern Points To $31,500 Bottom Target – Details

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Bitcoin price struggles persist as the premier cryptocurrency is yet to break above the key $70,000 resistance zone, suggesting the market remains at risk of a deeper correction. Notably, popular market analyst Yonsei_dent has shared an observation that backs these bearish investors’ expectations. Bitcoin Supply In Profit Metric Shows Potential 75% Drawdown  In a Quicktake… Continue reading Bitcoin Historical Cycle Pattern Points To $31,500 Bottom Target – Details→

Why Investors Are Not Buying Bitcoin And Ethereum Despite ‘Low’ Prices

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Crypto analyst BitQuant has commented on why market participants are not buying Bitcoin and Ethereum despite the recent lows. This comes amid current market weakness, with the on-chain analytics platform CryptoQuant warning of a deeper decline.  Why Investors Are Not Buying The Bitcoin and Ethereum Dip  In an X post, BitQuant noted that no one,… Continue reading Why Investors Are Not Buying Bitcoin And Ethereum Despite ‘Low’ Prices→

Bitcoin OTC Balance Records Rapid Outflows — What’s Next For Price?

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Over the past two weeks, the Bitcoin market saw an overwhelming sellers’ dominance, with no significant input from the bulls influencing the price. As the flagship cryptocurrency slipped into a downturn, investors increasingly fled the market out of fear, further pushing prices downwards. However, as the Bitcoin price seems to have found stability, an interesting… Continue reading Bitcoin OTC Balance Records Rapid Outflows — What’s Next For Price?→

Bitcoin Trades Below ETF Cost-Basis As MVRV Signals Mounting Pressure

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The middle of January marked the continuation of an already struggling price action for Bitcoin, as it took on another sharp downtrend. Early into February, the flagship cryptocurrency seemed to be on a free-fall, even breaching important psychological price levels as it crashed. One of these levels is the cost basis of one of Bitcoin’s… Continue reading Bitcoin Trades Below ETF Cost-Basis As MVRV Signals Mounting Pressure→

Bitcoin Bull-Bear Cycle Indicator Drops To Deepest Level Since FTX Bottom

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On-chain data shows CryptoQuant’s Bitcoin Bull-Bear Market Cycle Indicator has witnessed a deep plunge into the bearish territory recently. Bitcoin Bull-Bear Cycle Indicator Now Most Bearish Since 2022 Bottom In a new CryptoQuant Bitcoin Bull-Bear Market Cycle Indicator. This metric tells us, as its name suggests, about the market phase that the cryptocurrency is currently… Continue reading Bitcoin Bull-Bear Cycle Indicator Drops To Deepest Level Since FTX Bottom→

Binance Records Sharp Drop In XRP Reserves — What This Means For Price

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The XRP price continues to struggle amid bear pressure within the market. On Friday, XRP rose by about 5.7%, which, while positive, was only a relief to an initial 7.1% loss seen earlier during the week. Meanwhile, a recent on-chain evaluation suggests that the XRP market could soon be entering an accumulation phase that could… Continue reading Binance Records Sharp Drop In XRP Reserves — What This Means For Price→

Bitcoin Trapped In Bear Market Woes As Liquidity Runs Dry, Is Another Crash Coming?

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Bitcoin’s price structure is showing signs of strain, and new data from CryptoQuant shows that fresh capital is no longer entering the market. Instead of the recent drawdown acting as an attraction for buyers, it appears to be triggering withdrawals. This change in liquidity behavior is important, as it indicates that Bitcoin may be transitioning… Continue reading Bitcoin Trapped In Bear Market Woes As Liquidity Runs Dry, Is Another Crash Coming?→

Ethereum Whales Are Not Dead: The $400 Million Move That Shows What’s Going On

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Ethereum whales have continued to accumulate despite the current downtrend in the ETH price, providing a bullish outlook for the second-largest crypto by market cap. Notably, ETH withdrawals from exchanges recently reached their highest level since October last year, totaling over $400 million.  Ethereum Whales Accelerate Withdrawals From Exchanges Crypto analyst Arab Chain noted in… Continue reading Ethereum Whales Are Not Dead: The $400 Million Move That Shows What’s Going On→

Bitcoin MVRV Falls Into 0–10% Zone — Is A Recovery Underway?

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The Bitcoin price displayed a staggering show of bearish pressure over the week. As the premier cryptocurrency lost its footing around the $84,000 support level, it entered a slippery slide, reaching approximately $60,000. Currently, the market is in recovery mode, with its price rising again to $70,000. Interestingly, a recent on-chain evaluation has emerged, lending… Continue reading Bitcoin MVRV Falls Into 0–10% Zone — Is A Recovery Underway?→