Tag Archives: bitcoin on-chain analysis

Bitcoin Sentiment On Binance Turns Bullish – But Is The Market Setting A Trap?

Posted on by — No Comments ↓

Over the past two weeks, Bitcoin (BTC) has dropped more than 7%, falling from around $117,400 on August 21 to a low of $108,666 earlier today. Despite the bearish slide, some encouraging exchange data suggests improving sentiment. However, analysts warn this could once again be a setup for institutions to trap retail buyers. Bitcoin Sentiment… Continue reading Bitcoin Sentiment On Binance Turns Bullish – But Is The Market Setting A Trap?→

Bitcoin Bull Run Still Intact? Here’s What On-Chain Data Says

Posted on by — No Comments ↓

After Monday’s market crash, concerns about the stability of Bitcoin’s bull run have emerged. Yet, Ki Young Ju, founder and CEO of CryptoQuant, a leading blockchain analytics firm, maintains a positive outlook. He suggests that, despite the recent crash, on-chain data continues to support the notion that the bull market for Bitcoin remains intact. Bitcoin… Continue reading Bitcoin Bull Run Still Intact? Here’s What On-Chain Data Says→

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

Posted on by — No Comments ↓

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→