Category Archives: Bitcoin News

Bitcoin Bulls Are Strong: Over 450,000 Addresses Bought 273,000 BTC At This Level

Posted on by — No Comments ↓

Bitcoin is cooling off after an impressive 25% spike from May 2024 lows. Even with this cool-off, some analysts are upbeat, predicting the coin will extend gains in future sessions. Bitcoin Finds Strong Support Between $70,180 and $70,600 In a post on X, one analyst believes Bitcoin has strong support at around $70,180 and $70,600. The… Continue reading Bitcoin Bulls Are Strong: Over 450,000 Addresses Bought 273,000 BTC At This Level→

Analyst Says $71,000 Bitcoin Move Is Only Halfway Through, Here’s Why

Posted on by — No Comments ↓

An analyst has explained how the current Bitcoin surge appears to have hit the halfway completion mark if this indicator is to go by. Bitcoin VWAP Oscillator Suggests BTC Rally Only Halfway Done In a new Volume Weighted Average Price (VWAP) Oscillator is looking like after the latest rally. The VWAP is an indicator that,… Continue reading Analyst Says $71,000 Bitcoin Move Is Only Halfway Through, Here’s Why→

Bitcoin Analyst Says The BTC Leg Up Is Halfway: Next Stop $74,000?

Posted on by — No Comments ↓

Bitcoin is firm, recently trending above $71,200 and easing past local resistance levels, much to the delight of holders. However, the current leg up is just the beginning for Willy Woo, an on-chain analyst. Bitcoin Rally Getting Started: Analyst Taking to X, Woo, who has been maintaining a bullish outlook for the world’s most valuable… Continue reading Bitcoin Analyst Says The BTC Leg Up Is Halfway: Next Stop $74,000?→

Bitcoin On The Verge? Analyst Breaks Down What A $71,500 Weekly Candle Close Means For BTC

Posted on by — No Comments ↓

Both Bitcoin (BTC) and Ethereum appear to currently be the center of attention in the crypto market so far, with Bitcoin recently hitting just above a 24-hour high of $71,650 mark, marking a 6.4% increase in the past 24 hours and nearly 20% over the past week. A prominent Crypto Analyst who has since been… Continue reading Bitcoin On The Verge? Analyst Breaks Down What A $71,500 Weekly Candle Close Means For BTC→

Bitcoin ETF Inflows Soar To Highest Level In Months As BTC Price Surges Past $68,000

Posted on by — No Comments ↓

After enduring a significant 20% price correction earlier this month that saw Bitcoin fall below $56,400 and increased outflows from the Bitcoin ETF market, the world’s largest cryptocurrency has managed to stage a strong comeback. It has broken above the key $66,000 resistance level and turned it into a new support zone. BTC Bounces Back… Continue reading Bitcoin ETF Inflows Soar To Highest Level In Months As BTC Price Surges Past $68,000→

Bitcoin “Profit-Taking Has Completed,” Top Analyst Reveals

Posted on by — No Comments ↓

An analyst has explained how profit-taking looks to have finished for Bitcoin in what has been a “very healthy reset” for the market. Bitcoin SOPR Suggests Profit-Taking From Investors Has Cooled Off In a new Spent Output Profit Ratio (SOPR). The SOPR is an on-chain indicator that basically tells us about whether the Bitcoin investors… Continue reading Bitcoin “Profit-Taking Has Completed,” Top Analyst Reveals→

Bitcoin Whales Are Not Selling, BTC Has Strong Support Above $60,000

Posted on by — No Comments ↓

Bitcoin is rising, recently breaking above $67,000, and heading towards the all-important $70,000, a psychological round number. One analyst took to X amid this uptick, noting that whales holding over 1,000 BTC are not moving their coins to exchanges. Instead, they likely expect prices to spike higher in the coming days and weeks. Though movements… Continue reading Bitcoin Whales Are Not Selling, BTC Has Strong Support Above $60,000→

Unstoppable Bitcoin? CryptoQuant’s CEO Foresees Bull Run Extending To 2025

Posted on by — No Comments ↓

According to Ki Young Ju, CEO of CryptoQuant, the Bitcoin current market dynamics suggest a bullish phase that could extend well into April 2025. Ju’s analysis comes amid BTC’s current uptrend, which appears to be a continuation of that seen in March, when BTC achieved a new all-time high, surging above $73,000 for the first… Continue reading Unstoppable Bitcoin? CryptoQuant’s CEO Foresees Bull Run Extending To 2025→

Bitcoin Whales Quiet Down – Here’s Why And What It Means For The Market

Posted on by — No Comments ↓

Recent data from Santiment indicates a noticeable decrease in Bitcoin whale activity, reaching the lowest levels seen in 2024. This trend shows that holders of large amounts of Bitcoin, known as whales, are drifting away from active trading. While this could signal a negative trend, the situation presents a complex picture of the cryptocurrency’s market… Continue reading Bitcoin Whales Quiet Down – Here’s Why And What It Means For The Market→

Bitcoin Bulls “Warming Up” As Spot ETF Inflows Exceeds $1.3 Billion In 2 Weeks

Posted on by — No Comments ↓

Even after the upswing mid-this week, Bitcoin prices remain wavy, considering price action in lower time frames. The coin is retesting $66,000 at spot rates, but traders expect the breakout to have been confirmed, pushing BTC prices toward $70,000. Since the surge to all-time highs in March, the coin has been on a steady downtrend,… Continue reading Bitcoin Bulls “Warming Up” As Spot ETF Inflows Exceeds $1.3 Billion In 2 Weeks→