Category Archives: Bitcoin News

Newbie Bitcoin Whales Buying 200,000 BTC Per Week, Data Shows

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On-chain data suggests demand for Bitcoin remains significant as newcomer whales in the sector have been scooping up 200,000 BTC every week. Short-Term Holder Bitcoin Whales Have Continued To Accumulate Recently As explained by CryptoQuant author Axel Adler Jr in a post on X, the demand among the short-term holder whales has decreased since the… Continue reading Newbie Bitcoin Whales Buying 200,000 BTC Per Week, Data Shows→

Bitcoin Will Be Set For New ATHs If It Breaks This Resistance: Analyst

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An analyst has explained how Bitcoin could be positioned for new all-time highs (ATHs) if it can break through this on-chain resistance level. Bitcoin On-Chain Data Could Suggest This Level Holds Major Resistance In a new post on X, analyst Ali discussed Bitcoin’s current on-chain resistance. In on-chain analysis, the strength of support and resistance… Continue reading Bitcoin Will Be Set For New ATHs If It Breaks This Resistance: Analyst→

Are We Out Of The Woods? Analyst Bullish On Bitcoin’s 6-Figure Future

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Bitcoin (BTC) began the month with the deepest retrace of the cycle, falling to the $56,000 support level. The retrace raised alarms for some crypto investors and market watchers, who feared the bull run had ended. Since then, the largest cryptocurrency by market capitalization has recovered crucial levels, and analysts have identified bullish patterns on… Continue reading Are We Out Of The Woods? Analyst Bullish On Bitcoin’s 6-Figure Future→

Buy Or Sell Bitcoin? Quant Reveals What Leading Metric Says

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A quant has explained what a potential leading Bitcoin indicator could say about what’s next for the cryptocurrency’s price. Bitcoin Coinbase Premium May Hold The Answer To Where BTC Goes Next In a CryptoQuant Quicktake post, an analyst has talked about the trend currently taking place in the Bitcoin Coinbase Premium. “We can use the… Continue reading Buy Or Sell Bitcoin? Quant Reveals What Leading Metric Says→

Bitcoin Long-Term Holders Accumulating Like In 2021: Is BTC Ready For A 15X?

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Bitcoin is moving sideways, posting drab price action, forcing participation to taper. But amid this consolidation and even fear of more losses, one analyst has shared data suggesting that long-term holders are accumulating at spot rates.  Are We Back To 2021? Bitcoin Long-Term Holders Accumulating In a post on X, the analyst noted that this re-accumulating pace… Continue reading Bitcoin Long-Term Holders Accumulating Like In 2021: Is BTC Ready For A 15X?→

Bitcoin Down 20% From March But Glassnode Analysts Are Very Bullish: Here’s Why

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Bitcoin might have posted the deepest correction since the FTX crash in November 2022, dipping over 20% from its all-time high of around $74,000. However, Glassnode analysts, while sharing their preview on X, remain cautiously optimistic.  Bitcoin Drops 20% From March High, But Glassnode Is Bullish Glassnode notes that the Bitcoin “macro uptrend still appears to be… Continue reading Bitcoin Down 20% From March But Glassnode Analysts Are Very Bullish: Here’s Why→

Latest Bitcoin Top Is Different From 2021 Peak, Analyst Explains Why

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An analyst has explained why the recent high in Bitcoin has experienced different market conditions than those observed during the 2021 bull run peak. Bitcoin Liquidations Have Been Short-Dominated In Recent Market High In a new spot exchange-traded fund (ETF) inflows has a major difference when compared to the 2021 peak. The difference lies in… Continue reading Latest Bitcoin Top Is Different From 2021 Peak, Analyst Explains Why→

Bitcoin Could Crash Below $55,000, Top Analyst Sounds The Alarm

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Bitcoin, the leading cryptocurrency, has recently been scrutinized by several analysts and traders as it struggles to maintain its market position. Michaël van de Poppe, a recognized figure in the crypto analysis sector, has recently price trajectory. Bitcoin Risks Dropping to $52,000, Why? Taking to Elon Musk’s social media platform X, Van de Poppe pointed… Continue reading Bitcoin Could Crash Below $55,000, Top Analyst Sounds The Alarm→

Pantera Capital Predicts Bitcoin Price Surge To $117,000: Insight Into The Timing And Factors

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The Bitcoin price has experienced heightened volatility over the past week. After recovering from a low of $56,500, the largest cryptocurrency in the market surged to $65,500 within four days. However, it has since retraced some of its gains and is currently testing the $61,000 support level.  Despite this volatility and the absence of strong… Continue reading Pantera Capital Predicts Bitcoin Price Surge To $117,000: Insight Into The Timing And Factors→

Bitcoin’s Significant Adjustment: Mining Difficulty Hits 18-Month Low – What’s Next For Miners?

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The Bitcoin mining difficulty has experienced a significant decrease, the largest drop observed in the last 18 months. This change is directly tied to fluctuations in the network’s hash rate, which has dipped below 600 EH/s following the recent halving event. The adjustment, which marks a 5.7% fall in mining difficulty, brings the level down… Continue reading Bitcoin’s Significant Adjustment: Mining Difficulty Hits 18-Month Low – What’s Next For Miners?→