Tag Archives: Bitcoin news

Bitcoin Holders Now Doing Loss-Taking: Sign That A Turnaround Is Near?

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On-chain data shows that Bitcoin investors have ended their net profit-taking spree recently, a potential sign that a price reversal could occur soon. Bitcoin Daily Realized Profit Loss Ratio Has Dipped Below 1 Recently As explained by CryptoQuant author Axel Adler Jr in a new post on X, realized losses have started to exceed profits… Continue reading Bitcoin Holders Now Doing Loss-Taking: Sign That A Turnaround Is Near?→

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

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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→

Analyst Forecasts Bitcoin Bull Run Top With Historically Proven Indicator

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In a video update on YouTube, crypto analyst Rekt Capital delved into the dynamics of Bitcoin’s price movements through the lens of the PI Cycle Top Indicator, a predictive tool that has garnered attention for its historical accuracy in pinpointing the peaks of Bitcoin bull runs. Here’s How High Bitcoin Price Could Go This Cycle… Continue reading Analyst Forecasts Bitcoin Bull Run Top With Historically Proven Indicator→

Bitcoin Price Action Watch: 3 Pivotal Zones That Could Sway BTC’s Next Move

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As the Bitcoin price consolidates below the $60,000 threshold, the market has been characterized by a mix of indicators and technical levels, leading to a divided forecast and heightened uncertainty. Mixed Signals Cloud Bitcoin Price Trajectory According to Bitcoin maximalist Mark Cullen, the current Bitcoin price action presents a complex technical picture. He suggests that… Continue reading Bitcoin Price Action Watch: 3 Pivotal Zones That Could Sway BTC’s Next Move→

Wall Street Titans Boost Crypto Stakes: US Bitcoin ETFs Garner $2.4B In Q2 Inflows

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The crypto market continues to be influenced primarily by broader macroeconomic conditions, with the latest US Consumer Price Index (CPI) report providing a glimmer of optimism for risk assets, including cryptocurrencies. Crypto Awaits Fed’s Move According to a recent Coinbase report, the slightly softer-than-expected July CPI print of 2.9% year-over-year – the lowest level in… Continue reading Wall Street Titans Boost Crypto Stakes: US Bitcoin ETFs Garner $2.4B In Q2 Inflows→

Bitcoin Falls From $60,000 With US Transfer Of 10,000 BTC: Vital Levels To Monitor

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On Wednesday, the crypto market experienced a wave of volatility as news broke that the US government had transferred a significant amount of Bitcoin seized from the infamous Silk Road marketplace to the Coinbase exchange. Massive Silk Road Bitcoin Influx To Coinbase According to on-chain data tracker Arkham, the US government recently moved 10,000 Bitcoin… Continue reading Bitcoin Falls From $60,000 With US Transfer Of 10,000 BTC: Vital Levels To Monitor→

Will The Bitcoin Price Return To $20,000? Crypto Analyst Provides Answers

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Bitcoin has not been in the $20,000 range going on two years now and some believe that the pioneer cryptocurrency will never revisit this level again. However, according to one analyst, the Bitcoin price falling back to $20,000 is a matter of when, not if. While they do not expect that this crash will happen… Continue reading Will The Bitcoin Price Return To $20,000? Crypto Analyst Provides Answers→

Bitcoin Price Set To Surge With $2.5 Billion Stablecoin Inflows: Research Firm

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An influx of $2.5 billion in stablecoins is anticipated to potentially drive a significant surge in the Bitcoin price, as detailed in a new report by Markus Thielen, a market researcher at 10x Research. Bitcoin Price Boost Is Incoming In his latest research note, Thielen explains the critical importance of monitoring and analyzing crypto money… Continue reading Bitcoin Price Set To Surge With $2.5 Billion Stablecoin Inflows: Research Firm→

Bitcoin Poised To Reach New All-Time Highs: Expert Dives Into Tether’s Role As The Key

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The Bitcoin (BTC) price has broken free from its recent consolidation phase, breaching the $60,000 mark and setting its sights on critical resistance levels essential for propelling the cryptocurrency to new all-time highs (ATHs). This surge comes amid emerging bullish momentum in the world’s largest digital asset. However, the key to continuing this breakout is… Continue reading Bitcoin Poised To Reach New All-Time Highs: Expert Dives Into Tether’s Role As The Key→

Bitcoin ETFs Are “Important, But Not The Drivers,” On-Chain Analyst Argues

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An on-chain analyst has explained why the Bitcoin spot exchange-traded funds (ETFs), although important, may be something other than the drivers in the market. Bitcoin Spot ETFs Compared With Other Capital Flows On The Network In a new post on X, on-chain analyst Checkmate has discussed how the different capital flows in and out of… Continue reading Bitcoin ETFs Are “Important, But Not The Drivers,” On-Chain Analyst Argues→