Bitcoin Bulls Gain Breathing Room As Long-Term Holder Activity Eases – Glassnode

Bitcoin continues to dominate discussions, with its recent price movements drawing particular attention. As the asset struggles to reclaim its March all-time high of over $73,000, with recent attempts peaking above $71,000 earlier this week, the price has since receded to approximately $68,231 at the time of writing. This retracement marks a 7.3% drop from its… Continue reading Bitcoin Bulls Gain Breathing Room As Long-Term Holder Activity Eases – Glassnode

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

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 Under Pressure But Whales Hold Over $331 Billion Of BTC: A Sign To Buy?

While Bitcoin prices struggle for momentum and are caged inside a narrow range, on-chain data tells a different story. Taking to X, one analyst notes that whales, which are large crypto holders, are actively accumulating the world’s largest coin by market cap.  Bitcoin Whales Accumulating Despite Weakness By the time this data was shared, Bitcoin whales… Continue reading Bitcoin Under Pressure But Whales Hold Over $331 Billion Of BTC: A Sign To Buy?

Bitcoin Bears Beware: $3 Billion Short Liquidation Looms At This Price Mark, Warns Analyst

The Bitcoin market is currently on edge as prominent analyst Crypto Rover warns of a potential liquidation event that could negatively affect the short holders. With Bitcoin trading within a significant consolidation phase, as revealed by Rover, analysis suggests that over $3 billion in short positions could face liquidation should Bitcoin climb back to a… Continue reading Bitcoin Bears Beware: $3 Billion Short Liquidation Looms At This Price Mark, Warns Analyst

Bitcoin Readying For A 12-Year Bull Run To $650,000 If Bulls Take Charge: Analyst

Even with Bitcoin prices facing pressure from sellers, Willy Woo, an on-chain analyst, thinks the coin will reach new highs thanks to the launch of new Bitcoin exchange-traded funds (ETFs). In a post on X, Woo said the coin could soar to as high as $91,000 in a bear bottom but soar to as high as… Continue reading Bitcoin Readying For A 12-Year Bull Run To $650,000 If Bulls Take Charge: Analyst