Category Archives: Bitcoin News

Bitcoin Sets Record $93,000 High As Extreme Greed Level Hits 84

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Data shows the Bitcoin market sentiment has recently seen a significant uplift as the cryptocurrency’s price has set new records. Bitcoin Has Just Set A New All-Time High Above $93,000 Bitcoin had seen a bit of a pause in its bull run yesterday, but the uptrend has already returned for its price in spectacular fashion… Continue reading Bitcoin Sets Record $93,000 High As Extreme Greed Level Hits 84→

Bitcoin Consolidates After Recent Surge – Metrics Reveal Moderate Selling Pressure

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Bitcoin has reached a new all-time high of $90,243 following a week of relentless upward momentum. After days marked by euphoria and rapid gains, the price is now entering a consolidation phase, providing a much-needed pause for the market.  Key data from CryptoQuant indicates moderate selling pressure is emerging, which may signal a brief pullback… Continue reading Bitcoin Consolidates After Recent Surge – Metrics Reveal Moderate Selling Pressure→

Short-Term Bitcoin Holders Move Millions To Binance—Is A Market Correction Imminent?

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Bitcoin has been on a major upward trajectory, recently hitting an all-time high (ATH) of above $89,000. As this milestone was crossed, a notable trend emerged with short-term holders transferring their holdings to major exchanges, particularly Binance. According to CryptoQuant analyst Joao Wedson, this behavior suggests that investors with shorter time horizons may be positioning… Continue reading Short-Term Bitcoin Holders Move Millions To Binance—Is A Market Correction Imminent?→

Bitcoin Weekly RSI Entering Power Zone – Last Time BTC Soared 80%

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Bitcoin experienced an explosive surge yesterday, with bulls driving the price to a new all-time high (gain) at $89,980. This relentless uptrend highlights growing optimism among investors as Bitcoin continues to break new ground.  Renowned trader and analyst Cheds recently shared a compelling technical insight, noting that Bitcoin’s weekly Relative Strength Index (RSI) is nearing… Continue reading Bitcoin Weekly RSI Entering Power Zone – Last Time BTC Soared 80%→

Bitcoin Buying Pressure Rises, But Here’s Why A Pullback Could Be Coming

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A recent analysis from BaroVirtual, a CryptoQuant analyst, offers a nuanced perspective on the current state of the Bitcoin market. According to the analyst, fluctuations in the Coinbase premium—a key metric that tracks the price difference between Bitcoin on Coinbase and other exchanges—can offer significant insights. Retail Leverage And Premiums: A Double-Edged Sword Rising or… Continue reading Bitcoin Buying Pressure Rises, But Here’s Why A Pullback Could Be Coming→

Is Bitcoin Now Overheating? Key Metrics Reveal Crucial Insights For Investors

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Amid Bitcoin’s pursuit to hit the six figures all-time high (ATH), a CryptoQuant analyst known as aytekin, has shared a comprehensive analysis on tools to assess Bitcoin’s market temperature, focusing on distinguishing useful from potentially misleading metrics. According to aytekin, investors’ concerns often center around Bitcoin’s ability to reach new peaks and when it might… Continue reading Is Bitcoin Now Overheating? Key Metrics Reveal Crucial Insights For Investors→

Bitcoin Data Reveals Bulls Are Growing But Still Behind March 2024 Peak – Details

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Bitcoin has proven unstoppable, breaking all-time highs five times in six days and surging past the $82,000 mark. This latest milestone cements Bitcoin’s momentum as it pushes into uncharted territory, capturing the bulls’ attention and sparking new levels of optimism in the market.  According to recent data from CryptoQuant, the number of bullish investors is… Continue reading Bitcoin Data Reveals Bulls Are Growing But Still Behind March 2024 Peak – Details→

Bitcoin Holder Profits Now 121%: How Much Higher Can BTC Go?

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On-chain data shows the Bitcoin investors are now carrying 121% profits on average. Here’s whether this has been enough for a top in the past. Bitcoin Profitability Index Is Currently Sitting Around 221% In a new Average Profitability Index” is an indicator for BTC that compares the asset’s spot value with its realized price. The… Continue reading Bitcoin Holder Profits Now 121%: How Much Higher Can BTC Go?→

Rising Bitcoin Funding Rates Signal Market Optimism—But Is A Correction Looming?

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Bitcoin recent price movement of continuous uptrend has drawn the attention of market participants and analysts as it edges closer to creating a new all-time high, blasting through critical resistance levels. Amid this, a CryptoQuant analyst known as TraderOasis provided an in-depth analysis of Bitcoin’s market earlier today, suggesting the trajectory the asset could head to next. Analysis… Continue reading Rising Bitcoin Funding Rates Signal Market Optimism—But Is A Correction Looming?→

Bitcoin Could Be Ready For ‘Phase 2’ Of This Historical Bull Pattern

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On-chain data shows Bitcoin could currently be following a similar pattern as in a previous cycle in terms of this indicator. Bitcoin Could Now Be Entering Phase 2 Of The Bull Run In a CryptoQuant Quicktake post, an analyst has pointed out how the recent trend in the Bitcoin long-term holder supply has been reminiscent… Continue reading Bitcoin Could Be Ready For ‘Phase 2’ Of This Historical Bull Pattern→