Tag Archives: Bitcoin news

Bitcoin Whales Quiet Down – Here’s Why And What It Means For The Market

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Recent data from Santiment indicates a noticeable decrease in Bitcoin whale activity, reaching the lowest levels seen in 2024. This trend shows that holders of large amounts of Bitcoin, known as whales, are drifting away from active trading. While this could signal a negative trend, the situation presents a complex picture of the cryptocurrency’s market… Continue reading Bitcoin Whales Quiet Down – Here’s Why And What It Means For The Market→

Bitcoin Bulls “Warming Up” As Spot ETF Inflows Exceeds $1.3 Billion In 2 Weeks

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Even after the upswing mid-this week, Bitcoin prices remain wavy, considering price action in lower time frames. The coin is retesting $66,000 at spot rates, but traders expect the breakout to have been confirmed, pushing BTC prices toward $70,000. Since the surge to all-time highs in March, the coin has been on a steady downtrend,… Continue reading Bitcoin Bulls “Warming Up” As Spot ETF Inflows Exceeds $1.3 Billion In 2 Weeks→

Bitcoin To $100,000: Infamous Head And Shoulders Pattern Appears To Signal The Start Of Another Rally

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Crypto analyst Crypto Jebb recently highlighted an inverse price to $100,000.  How Could Bitcoin Could Rise To $100,000 Crypto Jebb revealed in a sending Bitcoin’s price to $70,000. The analyst also noted that the price target of the bullish pattern is at $75,000, which indicates that Bitcoin could hit a new all-time high (ATH) on… Continue reading Bitcoin To $100,000: Infamous Head And Shoulders Pattern Appears To Signal The Start Of Another Rally→

The Hidden Forces Behind Bitcoin Price: Latest Insights From On-Chain Data

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Leading on-chain analyst James Check, popularly known as Checkmatey, has recently delved into the intricacies of Bitcoin’s market dynamics, offering a detailed on-chain data analysis that sheds light on the forces driving Bitcoin prices. His latest insights highlight a period he describes as “Quiet and Trending,” suggesting a robust underpinning despite significant sell-side pressures and… Continue reading The Hidden Forces Behind Bitcoin Price: Latest Insights From On-Chain Data→

Bitcoin Still Has “A Lot Of Room To Run Before Reversal,” Says Top Analyst

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An analyst has explained how the data of an oscillator for Bitcoin could suggest the cryptocurrency still has plenty of room to run in this rally. Bitcoin VWAP Oscillator Could Imply Potential For Further Upside In a new post on X, analyst Willy Woo discussed what the latest trend in the Volume-Weighted Average Price (VWAP)… Continue reading Bitcoin Still Has “A Lot Of Room To Run Before Reversal,” Says Top Analyst→

Is Bitcoin’s Rally Over? Top Analysts Predict Imminent Price Corrections

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As Bitcoin navigates through significant price changes, varying analyses from crypto analysts have painted a diverse picture of its short-term trajectory. A prominent crypto analyst, Ali, identified a sell signal on Bitcoin’s short-term charts using the TD Sequential indicator. According to Ali’s analysis, the TD Sequential indicator suggested that Bitcoin’s current uptrend might be losing… Continue reading Is Bitcoin’s Rally Over? Top Analysts Predict Imminent Price Corrections→

QCP Capital Sees Bitcoin Reclaiming $74K Highs – Here’s Why BTC Could Continue Its Rally

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QCP Capital, a prominent institutional-focused firm, has recently projected that Bitcoin could revisit its peak price levels, potentially reaching up to $74,000 shortly. This prediction follows the latest United States Consumer Price Index (CPI) data, which has significantly boosted risk assets. The firm noted that the positive surge in the market is partly due to… Continue reading QCP Capital Sees Bitcoin Reclaiming $74K Highs – Here’s Why BTC Could Continue Its Rally→

Why Did The Bitcoin Price Rise Above $66,000 Today?

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Bitcoin recently rose above $66,000 for the first time since April. This recent price rally from the flagship crypto is believed to be due to several factors, including the recently released inflation data.  Inflation Data Comes In Lower Than Expectations The Consumer Price Index (CPI) inflation data was announced on May 15 and came in… Continue reading Why Did The Bitcoin Price Rise Above $66,000 Today?→

Most Important Bitcoin Indicator Nears Bullish Flip: $150,000 Soon?

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In a recent analysis, James Coutts, Chief Crypto Analyst at Realvision, signaled a potential bullish turn in Bitcoin’s near future, attributing the forecasted change to shifts in global liquidity measures, specifically the Global Money Supply (M2) index which is widely seen as most important price catalyst. Coutts detailed this anticipation in a thread on X,… Continue reading Most Important Bitcoin Indicator Nears Bullish Flip: $150,000 Soon?→

Bitcoin Not Out Of Danger Yet, NVT Golden Cross Warns

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On-chain data shows the Bitcoin Network Value to Transactions (NVT) Golden Cross still has a high value, a sign that may be bearish for BTC. Bitcoin NVT Golden Cross Is Still Near Historical Top Zone In a CryptoQuant Quicktake post, an analyst discussed the recent trend in the NVT Golden Cross for BTC and its… Continue reading Bitcoin Not Out Of Danger Yet, NVT Golden Cross Warns→