Category Archives: Bitcoin News

Bitcoin Sellers Incur Loss As SOPR Drops To 0.95 – A Sign Of Market Bottom?

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According to a recent Quicktake post by CryptoQuant analyst abramchart, short-term Bitcoin (BTC) investors are incurring losses, suggesting that the crypto market may have hit its bottom and a trend reversal could be on the horizon. Has Bitcoin Bottomed? Bitcoin experienced significant volatility over the past week, dropping from $96,000 on February 23 to $78,258… Continue reading Bitcoin Sellers Incur Loss As SOPR Drops To 0.95 – A Sign Of Market Bottom?→

This Bitcoin Range The Next Key Resistance, Analytics Firm Says

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The market intelligence platform IntoTheBlock has revealed where the next major obstacle for Bitcoin could lie, according to on-chain data. Bitcoin Has A Major Supply Wall Between $95,400 & $98,200 In a new post on X, IntoTheBlock has discussed about how the various BTC price ranges are looking in terms of on-chain resistance and support.… Continue reading This Bitcoin Range The Next Key Resistance, Analytics Firm Says→

Crypto Liquidations Near $1 Billion As Bitcoin & Altcoins Bounce Back

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Data shows the cryptocurrency market has witnessed massive liquidations during the past day following the recovery Bitcoin and the altcoins have made. Bitcoin & Altcoins Have Jumped Back Following Trump’s Announcement Bitcoin and the rest of the cryptocurrency sector ended February on a very bearish note, as the market went through a deep drawdown that… Continue reading Crypto Liquidations Near $1 Billion As Bitcoin & Altcoins Bounce Back→

Bitcoin Reclaims Key Levels And Faces Resistance At $97K – Can It Break $100K This Week?

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Bitcoin is trading above $90K after experiencing extreme selling pressure last week, which drove the price as low as $78,100 and broke through key demand levels. However, the market quickly recovered following President Trump’s announcement that he plans to establish a U.S. strategic crypto reserve, including Bitcoin and select altcoins like XRP, SOL, ADA, and… Continue reading Bitcoin Reclaims Key Levels And Faces Resistance At $97K – Can It Break $100K This Week?→

Is Bitcoin Finding a Bottom? What The UTXO Data Is Telling Us

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Bitcoin’s price recently experienced another significant downturn, falling below $80,000 earlier today—a nearly 20% decrease in just the past week. This prolonged slump highlights the broader challenges facing the market, with minimal signs of recovery in sight. Amid this turbulent price activity, insights from tugbachain, a contributor to the CryptoQuant QuickTake platform, have shed light… Continue reading Is Bitcoin Finding a Bottom? What The UTXO Data Is Telling Us→

Top Bitcoin Inflows Hit Year-High on Binance – Should You Be Concerned?

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Bitcoin’s price continues its decline, falling farther from its March all-time high of $109,000. Currently trading below $82,000, the cryptocurrency has experienced a significant 24.6% drop. Amid this bearish trend, CryptoQuant contributor EgyHash has highlighted a troubling development on Binance that could further pressure Bitcoin’s price. Bearish Sentiment Takes Hold EgyHash notes that Binance, one… Continue reading Top Bitcoin Inflows Hit Year-High on Binance – Should You Be Concerned?→

Bitcoin Fills CME Gap Between $78,000 and $80,000 – Is A Reversal Around The Corner?

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Earlier today, Bitcoin (BTC) dropped below $80,000 for the first time in over three months. According to data from Binance, BTC hit a low of $78,258, filling the Chicago Mercantile Exchange (CME) gap between $78,000 and $80,000. Bitcoin Fills CME Gap, Is It Time For Rebound? With today’s dip, BTC has now filled every CME… Continue reading Bitcoin Fills CME Gap Between $78,000 and $80,000 – Is A Reversal Around The Corner?→

Will Bitcoin Drop Even Lower? Here’s What Experts Predict

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Bitcoin is experiencing a severe downturn over the past few days. After trading above $96,000 on Monday, its price slipped below $80,000 today for the first time since November 11. This rapid decline marks a nearly 18% slump since the start of the week. From its all-time high of $109,588 on January 20, Bitcoin has… Continue reading Will Bitcoin Drop Even Lower? Here’s What Experts Predict→

Bitcoin Hits Its Most Oversold Level Since August 2024 – Is A Rebound Coming?

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Bitcoin (BTC) has declined by more than 10% in the last two weeks, falling from approximately $98,000 to around $86,000 at the time of writing. The high selling pressure has pushed the flagship cryptocurrency to oversold levels it had not seen since August 2024. Bitcoin Is Oversold, Time To Buy? According to an X post… Continue reading Bitcoin Hits Its Most Oversold Level Since August 2024 – Is A Rebound Coming?→

Bitcoin Miners Are Hoarding Their Crypto Despite Plunge—Here’s What It Means

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Bitcoin has faced a challenging market environment, with its price remaining below $88,000 and registering a 10.1% decline over the past two weeks. This significant downturn has been marked by considerable selloffs and a lack of upward momentum. However, amidst this bearish trend, a new development within the Bitcoin mining community has been highlighted by… Continue reading Bitcoin Miners Are Hoarding Their Crypto Despite Plunge—Here’s What It Means→