Bitcoin Holders Still Reluctant To Sell – Supply Active Data Shows Room For Upside

Bitcoin remains in a tight consolidation range after setting a new all-time high above $123,000 just 10 days ago. The current range, between $117,000 and $120,000, reflects a pause in momentum as the market digests recent gains and prepares for its next major move. While volatility has cooled, underlying metrics suggest that the broader trend… Continue reading Bitcoin Holders Still Reluctant To Sell – Supply Active Data Shows Room For Upside

Bitcoin Long-Term Holders Show Conviction: 63% Of Supply Hasn’t Moved In A Year

Bitcoin is facing a crucial test as its price continues to swing without clear direction, navigating a tense and uncertain macroeconomic environment. While volatility persists, many analysts believe the worst phase of the correction may be over. After dropping over 30% from its all-time high, Bitcoin has managed to hold above key support levels, reinforcing… Continue reading Bitcoin Long-Term Holders Show Conviction: 63% Of Supply Hasn’t Moved In A Year

Bitcoin Long-Term Holders Officially Enter Into Greed Territory, Is This Good Or Bad For Price?

In a recent development, crypto analyst Ali Martinez revealed that Bitcoin long-term holders have officially entered greed territory. This could benefit the price in the short term, although the long-term consequences could be severe. The greed phase suggests that long-term Bitcoin holders are now excessively optimistic about BTC’s future trajectory. Bitcoin Long-Term Holders Officially Enter… Continue reading Bitcoin Long-Term Holders Officially Enter Into Greed Territory, Is This Good Or Bad For Price?

Over 80% of Short-Term Bitcoin Holders Underwater — What This Means For BTC

Bitcoin (BTC) is currently in red regarding price performance, dragging the rest of the crypto market along with it. Amid the continuous bearish price action, the latest data has revealed that Bitcoin short-term holders now face losses compared to their initial purchase prices. Onchain data expert James Check highlighted this in a recent post on… Continue reading Over 80% of Short-Term Bitcoin Holders Underwater — What This Means For BTC

Bitcoin Now Forming Pattern That Last Led To It Blasting Off

On-chain data shows that Bitcoin is forming a pattern in its Total Amount of Holders, which last proved bullish for the cryptocurrency. Bitcoin Has Seen A Fall In Its Total Number of Holders Recently According to data from the on-chain analytics firm Total Amount of Holders,” which measures, as its name suggests, the total number of… Continue reading Bitcoin Now Forming Pattern That Last Led To It Blasting Off

Long-Term Bitcoin Holders Resist Selling Amid Recent Highs — What This Signals

As Bitcoin flirts with its previous all-time highs, the celebrated ‘diamond hands’—a term in crypto parlance denoting long-term holders (LTHs)—are demonstrating notable restraint, selling their holdings at a rate notably lower than in previous bull markets. According to a recent analysis by on-chain analytics firm Glassnode, despite the near $70,000 valuation, the selling pressure from… Continue reading Long-Term Bitcoin Holders Resist Selling Amid Recent Highs — What This Signals

Bitcoin Long-Term Holders Buy The Blood, Snatch Up 70,000 BTC

Glassnode Bitcoin long-term holders are taking advantage of the cryptocurrency’s lower price to significantly increase their holdings. This accumulation further strengthens the belief that this group of Bitcoin investors anticipate a potential upside for Bitcoin despite its recent volatility.  Long-Term Holders Pay $4.3 Billion For 70,000 BTC According to Glassnode, long-term Bitcoin holders who had… Continue reading Bitcoin Long-Term Holders Buy The Blood, Snatch Up 70,000 BTC

Bitcoin Dominance: Traders Preferring The OG To Dogecoin & Other Altcoins

On-chain data suggests Bitcoin has recently experienced an influx of investors while Dogecoin, Cardano, and other altcoins have seen a slowdown. Bitcoin Total Amount Of Holders Rise While Altcoins See Flat Movement According to data from the on-chain analytics firm Total Amount of Holders,” which keeps track of the total number of addresses on a… Continue reading Bitcoin Dominance: Traders Preferring The OG To Dogecoin & Other Altcoins

Is Bitcoin About To Skyrocket? Bitfinex Analysts Spot Familiar Patterns From December 2020

According to analysts at Bitfinex, Bitcoin and its recent activity on exchanges reflects a pattern reminiscent of December 2020, hinting at a possible growth phase. The exchange’s latest report highlights a significant decline in the supply of Bitcoin held by long-term investors on centralized exchanges, reaching its lowest levels in 18 months. This trend, coupled… Continue reading Is Bitcoin About To Skyrocket? Bitfinex Analysts Spot Familiar Patterns From December 2020