Tag Archives: Bitcoin news

Short-Term Bitcoin Holders Panic Sell: Here’s Why It Might Be Great News For BTC

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Amid the Bitcoin gradual recovery in price, the asset seems to have been experiencing an interesting market trend lately, suggesting a shift in its supply distribution. According to a CryptoQuant analyst, who goes by the pseudonym ‘IT Tech,’ BTC’s recent price fluctuations have led to short-term holders (STHs), labeled as “weak hands,” exiting the market,… Continue reading Short-Term Bitcoin Holders Panic Sell: Here’s Why It Might Be Great News For BTC→

Bitcoin Investors Not Sold On Uptober As Sentiment Remains Neutral

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Data shows that the Bitcoin trader sentiment is currently neutral, a sign that investors are indecisive about the direction of the cryptocurrency. Bitcoin Fear & Greed Index Is Right In The Balance Right Now The “Fear & Greed Index” is an indicator created by Alternative that tells us about the average sentiment among the traders… Continue reading Bitcoin Investors Not Sold On Uptober As Sentiment Remains Neutral→

Bitcoin’s Puell Multiple Signals A Bullish Surge: Could A New ATH Be Near?

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While Bitcoin has been unable to break past the $70,000 price mark for over 2 months now, the asset has made efforts to remain above the $60,000 mark. Amid this maintenance above the $60,000 price level, analysts have continued to speculate on BTC’s future trajectory especially when the asset would make the play out of… Continue reading Bitcoin’s Puell Multiple Signals A Bullish Surge: Could A New ATH Be Near?→

Here’s Where We Are In The Bitcoin Bull Cycle According To The Wall Street Cheat Sheet

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The Wall Street Cheat Sheet has been around for years now and is often passed around in finance circles, so Bitcoin has not been left out. The cheat sheet shows different stages of each market cycle, using sentiment to track where in the cycle a particular asset is. With the Bitcoin market seeming to be… Continue reading Here’s Where We Are In The Bitcoin Bull Cycle According To The Wall Street Cheat Sheet→

Here’s Why The Bitcoin Price Could Hit $100,000 Before The End Of The Year

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Crypto analyst Ash Crypto has outlined several reasons why the Bitcoin price is poised to reach $100,000 by the end of the year. This price level is one that other market experts like Standard Chartered have predicted that the flagship crypto could hit even before year-end.  Why The Bitcoin Price Can Reach $100,000 By Year-End… Continue reading Here’s Why The Bitcoin Price Could Hit $100,000 Before The End Of The Year→

Bitcoin Whales Move Out Of Character With This Bull Market, What’s Happening?

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Ki Young Ju, the founder of the on-chain analytics platform CryptoQuant, revealed that Bitcoin whales are currently moving out of character in terms of profit-taking. These whales likely believe that the bull is far from over, which is why they haven’t secured as much profit as they have done in previous bull runs.  Bitcoin Whales… Continue reading Bitcoin Whales Move Out Of Character With This Bull Market, What’s Happening?→

Is The Worst Over For Bitcoin? Analyst Suggests Local Bottom May Be Here

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A CryptoQuant analyst known as “caueconomy” recently published a post indicating that Bitcoin (BTC) may have reached a local bottom. The analyst points to a significant liquidation event as a key sign that a short-term recovery could be on the horizon. Although caueconomy acknowledged that Bitcoin has been going through a period marked by bearish… Continue reading Is The Worst Over For Bitcoin? Analyst Suggests Local Bottom May Be Here→

Similarities Between October 2023 And 2024 Suggests The Bitcoin Price May Still Experience ‘Uptober’

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Bitcoin has yet to rally in October, with many bullish proponents awaiting the resumption of an uptrend. Among those closely monitoring the price action in anticipation of an uptrend is a well-known analyst on the social media platform X. This analyst, who goes by the name Ash Crypto, recently highlighted a striking similarity between Bitcoin’s… Continue reading Similarities Between October 2023 And 2024 Suggests The Bitcoin Price May Still Experience ‘Uptober’→

Here’s What Will Happen If Bitcoin Respects This MVRV Ratio Support Level

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A CryptoQuant analyst using the pseudonym “tugbachain” has recently shed light on a key trend within the Bitcoin market. Posting on the CryptoQuant QuickTake platform, the analyst focused on the Market Value to Realized Value (MVRV) ratio, an important metric in the Bitcoin market. According to tugbachain, the MVRV ratio shows a historical downward trend.… Continue reading Here’s What Will Happen If Bitcoin Respects This MVRV Ratio Support Level→

Bitcoin In Flux: Bearish Trends Can’t Deter $100,000 Price Predictions, CNBC

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Following a volatile week, Bitcoin (BTC) has once again captured the attention of investors as it fluctuates between bearish and bullish sentiments. Earlier this week, the leading cryptocurrency retracted to the $59,800 mark after reaching a two-month high of $66,500 at the end of the previous week. Despite these fluctuations, analysts express confidence that Bitcoin… Continue reading Bitcoin In Flux: Bearish Trends Can’t Deter $100,000 Price Predictions, CNBC→