Tag Archives: Bitcoin Bullish

Bitcoin Preparing For A February Rally? Analyst Says New High Is Two Weeks Away

Posted on by — No Comments ↓

After starting the week with a red Monday, Bitcoin (BTC) has recovered the $100,000 zone, registering a 4% recovery from yesterday’s lows. Following its recovery, some crypto analysts suggested that BTC could be getting ready for a February pump. Choppy January, Double-Digit February? On Monday, the crypto market suffered a shakeout generated by the broader… Continue reading Bitcoin Preparing For A February Rally? Analyst Says New High Is Two Weeks Away→

Bitcoin Shark Wallets Set New Record: Bullish Foreshadowing For 2025?

Posted on by — No Comments ↓

On-chain data shows that Bitcoin shark-sized wallets have climbed to a new all-time high recently, a sign that could be bullish for BTC. Key Bitcoin Investors Have Been In Accumulation Mode Recently According to data from the on-chain analytics firm Supply Distribution,” which tells us about the amount of BTC wallets that belong to a… Continue reading Bitcoin Shark Wallets Set New Record: Bullish Foreshadowing For 2025?→

Bitcoin NVT Golden Cross Hits 60-Day Low: Is This Bullish?

Posted on by — No Comments ↓

On-chain data shows the Bitcoin Network Value to Transactions (NVT) Golden Cross has plummeted recently. Here’s what this could mean for BTC’s price. Bitcoin NVT Golden Cross Has Plunged Into Bottom Zone Recently As explained by an analyst in a CryptoQuant Quicktake NVT Ratio” refers to an indicator that keeps track of the ratio between… Continue reading Bitcoin NVT Golden Cross Hits 60-Day Low: Is This Bullish?→

Bitcoin Eyes Potential Rebound To $98,600, But Analyst Suggests Caution

Posted on by — No Comments ↓

The market’s New Year rebound turned into a start-of-year retrace after Bitcoin (BTC) dropped from the recently reclaimed $100,000 support into the $94,000 territory. Amid the drop, an analyst shared his “cautiously bullish” outlook for BTC’s price. Bitcoin Risks Crash To $74,000 On Tuesday, Bitcoin dropped below $97,000, dragging the market into the first pullback… Continue reading Bitcoin Eyes Potential Rebound To $98,600, But Analyst Suggests Caution→

Bitcoin Signal That Took Price From $69,000 To $108,000 Appears Again

Posted on by — No Comments ↓

Data shows that a Bitcoin indicator has recently formed a pattern that has proved to be quite bullish regarding the cryptocurrency’s price. Bitcoin Coinbase Premium Index Has Crossed Above Its 14-Day SMA In a new Coinbase Premium Index” is an indicator that keeps track of the percentage difference between the Bitcoin price listed on Coinbase… Continue reading Bitcoin Signal That Took Price From $69,000 To $108,000 Appears Again→

Is Bitcoin Ending 2024 On A High Note? Analysts Say This Level Is Key

Posted on by — No Comments ↓

As Bitcoin (BTC) continues to move sideways, investors wonder whether the flagship crypto will end the year positively or on a sour note. Some analysts suggest a close above recently lost levels could propel BTC’s price to new highs. Bitcoin’s Red Week, Green Year Since breaking past the long-awaited $100,000 barrier in early December, Bitcoin… Continue reading Is Bitcoin Ending 2024 On A High Note? Analysts Say This Level Is Key→

Bitcoin Returns Above $100,000 As Monthly Inflows Hit $80 Billion

Posted on by — No Comments ↓

Bitcoin has returned back above the $100,000 mark as on-chain data shows capital continues to flow into the asset at a rapid rate. Bitcoin Realized Cap Has Crossed The $768 Billion Milestone In a new Realized Cap” here refers to an on-chain capitalization model that calculates BTC’s total value by assuming the value of each… Continue reading Bitcoin Returns Above $100,000 As Monthly Inflows Hit $80 Billion→

Bitcoin Sees First Close Above $100,000, But Is A Big Correction Coming?

Posted on by — No Comments ↓

Bitcoin (BTC) closed the week above the $100,000 mark for the first time in history, concluding the crypto’s massive week with another milestone. However, a market watcher has warned investors that historical patterns could soon lead the flagship crypto to a big correction. Bitcoin First Weekly Close Above $100,000 Bitcoin hit the $100,000 milestone nearly… Continue reading Bitcoin Sees First Close Above $100,000, But Is A Big Correction Coming?→

Bitcoin To Smash $100,000? Rapid Stablecoin Exchange Inflows Continue

Posted on by — No Comments ↓

On-chain data shows exchanges have continued to receive stablecoin deposits recently, a sign that could be bullish for Bitcoin and other digital assets. Stablecoin Exchange Netflow Has Remained Positive Recently As pointed out by an analyst in a CryptoQuant Quicktake Exchange Netflow,” which keeps track of the net amount of a given asset that’s moving… Continue reading Bitcoin To Smash $100,000? Rapid Stablecoin Exchange Inflows Continue→

54% Of Bitcoin Supply Inactive Since 2 Years Despite 500% Price Jump

Posted on by — No Comments ↓

On-chain data shows a majority of the Bitcoin supply hasn’t moved in more than two years, despite the fact that BTC has seen a significant uplift during this period. Bitcoin Inactive Supply Trend Suggests HODLing Behavior Remains Strong In a new post on X, Glassnode co-founder Rafael has discussed about the trend in the various… Continue reading 54% Of Bitcoin Supply Inactive Since 2 Years Despite 500% Price Jump→