Bitcoin Cost-Basis

These Are The Biggest Bitcoin Support & Resistance Zones, Analyst Reveals

Posted on August 23, 2024 by ante — No Comments ↓

An analyst has revealed the Bitcoin price zones that could act as major support and resistance centers for the cryptocurrency. A Large Number Of Investors Bought Bitcoin Inside These Zones In a new on-chain analysis, the potential for any price level to behave in this manner lies in the amount of tokens purchased. Below is… Continue reading These Are The Biggest Bitcoin Support & Resistance Zones, Analyst Reveals→

Is Bitcoin In A Bear Market Now? Here’s What On-Chain Data Suggests

Posted on August 7, 2024 by ante — No Comments ↓

Bitcoin has gone through a major crash recently, but has the asset yet breached the historical bear market boundary? Here’s what on-chain data says. Bitcoin Is Currently Under Realized Price Of New Whales In a new post on X, CryptoQuant founder and CEO Ki Young Ju has discussed what the Realized Price of different key… Continue reading Is Bitcoin In A Bear Market Now? Here’s What On-Chain Data Suggests→

Bitcoin Forming A Signal That’s Usually “Very Bullish,” Analyst Says

Posted on July 19, 2024 by ante — No Comments ↓

An analyst has pointed out how Bitcoin is back above the cost basis of the short-term holders, a sign that can be bullish for the asset. Bitcoin Is Back Above The Realized Price Of Short-Term Holders As explained by CryptoQuant community manager Maartunn in a new Realized Price” here refers to an indicator that, in… Continue reading Bitcoin Forming A Signal That’s Usually “Very Bullish,” Analyst Says→

Bitcoin Near ‘Euphoria’ Boundary: What Happens After A Breach?

Posted on June 27, 2024 by ante — No Comments ↓

On-chain data shows Bitcoin is trading near a level that has historically acted as the boundary for the ‘euphoria’ phase of the market. Bitcoin Is Not Far From This Long-Term Holder Cost Basis Level According to the latest weekly report from Glassnode, BTC’s recent consolidation has been near the historical boundary between the ‘equilibrium’ and… Continue reading Bitcoin Near ‘Euphoria’ Boundary: What Happens After A Breach?→

Bitcoin Rebounds After Nearing Cost Basis Of Short-Term Whales

Posted on April 15, 2024 by ante — No Comments ↓

Bitcoin has found a rebound back above the $66,000 mark following a drop towards the on-chain cost basis of the short-term holder whales. Bitcoin Drawdown Had Nearly Put Short-Term Whales Under Pressure As pointed out by an analyst in a CryptoQuant Quicktake post, BTC’s price had neared the Realized Price of the short-term holder whales… Continue reading Bitcoin Rebounds After Nearing Cost Basis Of Short-Term Whales→