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

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?

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

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