Tag Archives: Bitcoin news

Is Bitcoin Finding a Bottom? What The UTXO Data Is Telling Us

Posted on by — No Comments ↓

Bitcoin’s price recently experienced another significant downturn, falling below $80,000 earlier today—a nearly 20% decrease in just the past week. This prolonged slump highlights the broader challenges facing the market, with minimal signs of recovery in sight. Amid this turbulent price activity, insights from tugbachain, a contributor to the CryptoQuant QuickTake platform, have shed light… Continue reading Is Bitcoin Finding a Bottom? What The UTXO Data Is Telling Us→

Top Bitcoin Inflows Hit Year-High on Binance – Should You Be Concerned?

Posted on by — No Comments ↓

Bitcoin’s price continues its decline, falling farther from its March all-time high of $109,000. Currently trading below $82,000, the cryptocurrency has experienced a significant 24.6% drop. Amid this bearish trend, CryptoQuant contributor EgyHash has highlighted a troubling development on Binance that could further pressure Bitcoin’s price. Bearish Sentiment Takes Hold EgyHash notes that Binance, one… Continue reading Top Bitcoin Inflows Hit Year-High on Binance – Should You Be Concerned?→

Bitcoin Fills CME Gap Between $78,000 and $80,000 – Is A Reversal Around The Corner?

Posted on by — No Comments ↓

Earlier today, Bitcoin (BTC) dropped below $80,000 for the first time in over three months. According to data from Binance, BTC hit a low of $78,258, filling the Chicago Mercantile Exchange (CME) gap between $78,000 and $80,000. Bitcoin Fills CME Gap, Is It Time For Rebound? With today’s dip, BTC has now filled every CME… Continue reading Bitcoin Fills CME Gap Between $78,000 and $80,000 – Is A Reversal Around The Corner?→

Will Bitcoin Drop Even Lower? Here’s What Experts Predict

Posted on by — No Comments ↓

Bitcoin is experiencing a severe downturn over the past few days. After trading above $96,000 on Monday, its price slipped below $80,000 today for the first time since November 11. This rapid decline marks a nearly 18% slump since the start of the week. From its all-time high of $109,588 on January 20, Bitcoin has… Continue reading Will Bitcoin Drop Even Lower? Here’s What Experts Predict→

Bitcoin CME Gap Is Still Open, Why $78,000 – $80,700 Are Very Important

Posted on by — No Comments ↓

A new Bitcoin Chicago Mercantile Exchange (CME) gap has just been opened around $78,000 and $80,700. Analysts warn that this price range could act as a magnet for further downturns in the Bitcoin price, making it a critical area to watch in the coming days. According to crypto analyst Rekt Capital on X (formerly Twitter),… Continue reading Bitcoin CME Gap Is Still Open, Why $78,000 – $80,700 Are Very Important→

Bitcoin Price Could Crash Further To $70,000 If This Happens

Posted on by — No Comments ↓

The Bitcoin price has experienced such severe downward pressure and volatility that many are starting toUS election rally.  Popular crypto analyst and Co-founder of BitMEX Arthur Hayes has shared a bearish prediction for the Bitcoin price. Hayes projects a further breakdown in Bitcoin’s value, suggesting an imminent drop between $70,000 and $75,000.  Bitcoin Price Crash… Continue reading Bitcoin Price Could Crash Further To $70,000 If This Happens→

Bitcoin Hits Its Most Oversold Level Since August 2024 – Is A Rebound Coming?

Posted on by — No Comments ↓

Bitcoin (BTC) has declined by more than 10% in the last two weeks, falling from approximately $98,000 to around $86,000 at the time of writing. The high selling pressure has pushed the flagship cryptocurrency to oversold levels it had not seen since August 2024. Bitcoin Is Oversold, Time To Buy? According to an X post… Continue reading Bitcoin Hits Its Most Oversold Level Since August 2024 – Is A Rebound Coming?→

Bitcoin Miners Are Hoarding Their Crypto Despite Plunge—Here’s What It Means

Posted on by — No Comments ↓

Bitcoin has faced a challenging market environment, with its price remaining below $88,000 and registering a 10.1% decline over the past two weeks. This significant downturn has been marked by considerable selloffs and a lack of upward momentum. However, amidst this bearish trend, a new development within the Bitcoin mining community has been highlighted by… Continue reading Bitcoin Miners Are Hoarding Their Crypto Despite Plunge—Here’s What It Means→

Bitcoin’s 60-Day CDD Spikes: A Warning Sign or Buying Opportunity?

Posted on by — No Comments ↓

Bitcoin remains under pressure, with its price dropping below $85,000. At the time of writing, Bitcoin is valued at $84,397, representing a 2.4% decline in the past 24 hours and a significant 13.7% drop over the past week. These market conditions have sparked a range of analyses, with various on-chain indicators offering insights into current… Continue reading Bitcoin’s 60-Day CDD Spikes: A Warning Sign or Buying Opportunity?→

Bitcoin Whales Buying The Dip: $1.28 Billion Added Below $90,000

Posted on by — No Comments ↓

On-chain data shows the large Bitcoin holders are capitalizing on the lower prices as they have switched to accumulating again. Bitcoin Whales Are Now In Net Buying Mode According to data from the market intelligence platform Large Holders Netflow,” which keeps track of the net amount of the asset that’s entering into or exiting out… Continue reading Bitcoin Whales Buying The Dip: $1.28 Billion Added Below $90,000→