Tag Archives: Bitcoin news

Bitcoin Sees Massive Surge In Active Addresses: Here’s What It Signals For Price

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Bitcoin has been experiencing a notable increase in network activity, as indicated by a surge in active addresses. Data shows that the cryptocurrency has seen a resurgence in user engagement following a sluggish performance during July and August since the start of September. With this uptick in activity, it is worth assessing Bitcoin to see what… Continue reading Bitcoin Sees Massive Surge In Active Addresses: Here’s What It Signals For Price→

Bitcoin Dominance Hits New Cycle High Of 58.9%, More Pain Before Altcoin Season?

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As Bitcoin (BTC) inches closer to $70,000, its dominance in the wider crypto market has risen to a cycle high of 58.9%. Bitcoin Dominance Rises, Are Altcoins In Trouble? Bitcoin dominance (BTC.D), a metric that measures the proportion of the total cryptocurrency market cap commanded by the leading digital asset, has hit a new cycle… Continue reading Bitcoin Dominance Hits New Cycle High Of 58.9%, More Pain Before Altcoin Season?→

Analyst Forecasts Bitcoin Could Surge 250%, Yet Warns Of Potential Drop To $10,000

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As the week progressed, the Bitcoin (BTC) price steadily climbed toward its all-time high of $73,700 in March of this year. This upward momentum is in line with the predictions of various market experts, expecting significant gains for the leading cryptocurrency by the end of the year. One such expert, crypto analyst Gert van Lagen,… Continue reading Analyst Forecasts Bitcoin Could Surge 250%, Yet Warns Of Potential Drop To $10,000→

Bitcoin Coinbase Premium Is Negative Despite $68,000 Rally: What It Means

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Data shows the Bitcoin Coinbase Premium Index has remained negative during the rally to $68,000. Here’s what this could mean for the asset. Bitcoin Coinbase Premium Index Is Currently Showing Red Values As explained by an analyst in a CryptoQuant Quicktake Coinbase Premium Index” is an indicator that measures the difference between the Bitcoin prices… Continue reading Bitcoin Coinbase Premium Is Negative Despite $68,000 Rally: What It Means→

Bitcoin Analyst Reveals Best On-Chain Metric For ‘Day-To-Day Trading’

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An analyst has explained how this Bitcoin on-chain indicator has been one of the best in terms of short-term trading during the past month. Bitcoin Short-Term Holder Realized Price Has Proven To Be Reliable Recently In a new post on X, CryptoQuant Community Manager Maartunn has discussed about an indicator that’s suited for doing day-to-day… Continue reading Bitcoin Analyst Reveals Best On-Chain Metric For ‘Day-To-Day Trading’→

Bitcoin Finally Breaks Above Falling Wedge Pattern—Here’s The Next Target

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Bitcoin has seen a significant price movement today, reaching a high of $67,803, breaking above a descending falling wedge pattern on the daily chart. While this breakout has captured attention, Bitcoin is yet to close a daily candle above this resistance, which would confirm the breakout as successful. Regardless, this development has sparked fresh analyses… Continue reading Bitcoin Finally Breaks Above Falling Wedge Pattern—Here’s The Next Target→

Crypto Analyst Says Bitcoin Price Can Port To $86,600 If It Breaks This Level

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Crypto analyst Ali Martinez has revealed how the Bitcoin price can rise to as high as $86,600, which would mark a new all-time high (ATH) for the flagship crypto. This comes amid BTC’s impressive price rebound, which has brought renewed optimism that the next leg of the bull run is almost here.  Bitcoin Price Could… Continue reading Crypto Analyst Says Bitcoin Price Can Port To $86,600 If It Breaks This Level→

How The Israel-Iran War Could Shake Crypto Prices, Explains Arthur Hayes

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Arthur Hayes, the co-founder and former CEO of BitMEX, published an essay titled “Persistent Weak Layer” on October 16, where he examines the potential impact of escalating tensions between Israel and Iran on the crypto markets. Drawing an analogy from avalanche science, Hayes explores how the geopolitical situation in the Middle East could act as… Continue reading How The Israel-Iran War Could Shake Crypto Prices, Explains Arthur Hayes→

Bitcoin Price To $130,000 By January, Here’s The Roadmap

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According to a technical analysis from analyst Xanrox, the Bitcoin price is on the road to reaching the $130,000 mark in the next few months. Notably, this bullish price target might go unnoticed as one of many positive predictions that have surrounded the Bitcoin price in recent times. However, Xanrox’s prediction is intriguing as it… Continue reading Bitcoin Price To $130,000 By January, Here’s The Roadmap→

Bitcoin Extreme Greed Is Nearly Here: Will This Lead To A Top?

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Data shows the Bitcoin market sentiment has nearly turned to extreme greed as the cryptocurrency’s price has rallied to the $68,000 mark. Bitcoin Fear & Greed Index Is Currently Inside The Greed Region The “Fear & Greed Index” is an indicator created by Alternative that tells us about the average sentiment present among traders in… Continue reading Bitcoin Extreme Greed Is Nearly Here: Will This Lead To A Top?→