Tag Archives: bitcoin bearish

Old Bitcoin Whales Resurface With $760M Move—Brace For Impact?

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On-chain data shows Bitcoin whales holding since between three and five years ago have come alive to move a large number of tokens. Bitcoin HODLer Whales Have Broken Their Silence Recently In a new Spent Output Age Bands” (SOAB), which tracks the transaction activity related to a given ‘age band.’ An age band defines a… Continue reading Old Bitcoin Whales Resurface With $760M Move—Brace For Impact?→

Bitcoin Transfer Count Lowest Since 2023—Is This Bearish?

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On-chain data shows the Bitcoin transaction count has plunged to the lowest level since October 2023. Here’s what this could mean for BTC’s price. Bitcoin Transactions Have Seen A Significant Slowdown Recently As pointed out by CryptoQuant author IT Tech in a new Number of Transactions” from the market intelligence platform IntoTheBlock, which measures, as… Continue reading Bitcoin Transfer Count Lowest Since 2023—Is This Bearish?→

Dogecoin Breaks Away With 9% Surge: Why This Could Trouble Bitcoin

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Dogecoin has broken away from the rest of the market with a 9% surge. Here’s why this could be bad for Bitcoin, according to history. Dogecoin Has Registered A 9% Jump During Last 24 Hours While most of the cryptocurrency market has seen sideways price action during the past day, Dogecoin has shown to be… Continue reading Dogecoin Breaks Away With 9% Surge: Why This Could Trouble Bitcoin→

Why Has Bitcoin Been Bearish Lately? CryptoQuant Head Chimes In

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Bitcoin has continued its bearish momentum as its price has now slipped below $56,000. Here’s what could be behind this trajectory, according to CryptoQuant’s Head of Research. Bitcoin On-Chain Metrics Are All Giving Bearish Signals Right Now In a newstruggling recently. “Bitcoin price is down simply because there is no demand growth,” notes the analyst.… Continue reading Why Has Bitcoin Been Bearish Lately? CryptoQuant Head Chimes In→

Bitcoin Momentum Indicators Are All Showing Death Cross: Say Hello To Bear Market?

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Data shows three popular Bitcoin momentum indicators recently formed a death cross pattern. Here’s what usually follows this formation. Bitcoin Momentum Indicators Have Seen Bearish Crossovers Recently In a new CryptoQuant Quicktake moving averages (MAs) related to the cryptocurrency. The first is the “Active Address Momentum,” which involves the 30-day and 365-day MAs of the… Continue reading Bitcoin Momentum Indicators Are All Showing Death Cross: Say Hello To Bear Market?→

Bitcoin Could Drop To $40,600 If This Happens, Crypto Analyst Says

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An analyst has explained how Bitcoin could witness a drop to the $40,600 level based on a pattern forming in its 2-month price chart. Bitcoin Has Seen A TD Sequential Sell Signal On Its 2-Month Price In a new Tom Demark (TD) Sequential signal that has formed in the 2-month price of Bitcoin. The TD… Continue reading Bitcoin Could Drop To $40,600 If This Happens, Crypto Analyst Says→

Bitcoin Investors Beware: MVRV Has Given Bear Market Signal

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On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) Z-Score is currently giving a bearish signal for the BTC market. Bitcoin MVRV Z-Score Has Seen A Bearish Crossover Recently In a newMVRV Z-Score refers to an indicator that keeps track of the difference between the BTC market cap and realized cap, divided by… Continue reading Bitcoin Investors Beware: MVRV Has Given Bear Market Signal→

Bitcoin Investors Be Warned: Legendary MVRV Ratio About To Death Cross

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On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) Ratio has recently been nearing in on a death cross formation. Bitcoin 30-Day MA MVRV Ratio May Be About To Cross Under 365-Day MA As explained by an analyst in a CryptoQuant Quicktake MVRV Ratio” is a popular Bitcoin on-chain indicator that, in short,… Continue reading Bitcoin Investors Be Warned: Legendary MVRV Ratio About To Death Cross→

Bitcoin Whales Participate In $588 Million Selloff: Is There More To Come?

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On-chain data shows the Bitcoin whale entities have sold approximately $588 million in the cryptocurrency during the past week. Bitcoin Whales Have Made Large Selling Moves Recently As pointed out by analyst Ali Martinez in a new Supply Distribution” from the on-chain analytics firm Santiment, which tells us about the total amount of Bitcoin that… Continue reading Bitcoin Whales Participate In $588 Million Selloff: Is There More To Come?→

Shiba Inu ‘Underbought,’ While Bitcoin ‘Overbought’ Recently: Santiment

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According to this metric, the on-chain analytics firm Santiment has revealed Shiba Inu has been underbought recently, while Bitcoin is overbought. MVRV Z-Score Suggests Shiba Inu Has Been Undervalued Recently In a new Market Value to Realized Value” (MVRV) refers to a popular on-chain indicator that keeps track of the ratio between the market cap… Continue reading Shiba Inu ‘Underbought,’ While Bitcoin ‘Overbought’ Recently: Santiment→