Tag Archives: Bitcoin Pattern

Bitcoin Faces Rejection At $84,000, But Analysts Show 2020 Similarities – Recovery Ahead?

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Bitcoin (BTC) has failed to reclaim $84,000 resistance again and has fallen 4% to retest another crucial support zone. Some analysts suggested that the cryptocurrency’s rally will be determined by its weekly close, which could see BTC crash or climb to new levels. Bitcoin Hits $84,000 Wall Again After losing the $84,000-$86,000 support zone on… Continue reading Bitcoin Faces Rejection At $84,000, But Analysts Show 2020 Similarities – Recovery Ahead?→

Bitcoin RHODL Momentum Slowing Down—Analyst Warns Pattern ‘Not Ideal’

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An on-chain analyst has pointed out that the Realized HODL (RHODL) Ratio indicator is on the way down, a sign that may not be positive for Bitcoin. Bitcoin RHODL Has Been Losing Momentum Recently In a new Realized HODL (RHODL) Ratio” is an on-chain metric that calculates the ratio between any two given RHODL wave… Continue reading Bitcoin RHODL Momentum Slowing Down—Analyst Warns Pattern ‘Not Ideal’→

Bitcoin Could Reach $108,000 To $155,000 By 2024 End, Analyst Reveals Why

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An analyst has explained why Bitcoin could end the year 2024 inside the $108,000 to $155,000 range if history repeats for the asset. Bitcoin Performance Has Been Similar To Last Two Cycles So Far In a new cryptocurrency exchange FTX back in late 2022. Below is the chart shared by Van Straten, which shows how… Continue reading Bitcoin Could Reach $108,000 To $155,000 By 2024 End, Analyst Reveals Why→

Bitcoin Breaks $64,000, But This Pattern Could Mean Bull Run Isn’t Safe

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On-chain data shows the Bitcoin Supply in Profit indicator has been forming a pattern recently that could put the bull run into jeopardy. Bitcoin Supply In Profit Has Seen Multiple Dips Into “Transition” Zone Recently As an analyst in a CryptoQuant Quicktake Supply in Profit” trend could suggest a potential entry into the transition zone… Continue reading Bitcoin Breaks $64,000, But This Pattern Could Mean Bull Run Isn’t Safe→

Bitcoin Now Forming Pattern That Last Led To It Blasting Off

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On-chain data shows that Bitcoin is forming a pattern in its Total Amount of Holders, which last proved bullish for the cryptocurrency. Bitcoin Has Seen A Fall In Its Total Number of Holders Recently According to data from the on-chain analytics firm Total Amount of Holders,” which measures, as its name suggests, the total number of… Continue reading Bitcoin Now Forming Pattern That Last Led To It Blasting Off→

Bitcoin ‘Realized Volatility’ Showing Very Rare Trend: What Could Be Next

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Data shows that the Bitcoin Realized Volatility metric has fallen to historically low levels. What generally happens after this pattern forms? Bitcoin Realized Volatility Has Decline To Extreme Lows Recently In a Realized Volatility here refers to an indicator that basically tells us about how volatile a given asset has been based on its price… Continue reading Bitcoin ‘Realized Volatility’ Showing Very Rare Trend: What Could Be Next→

Bitcoin Price Linked To Binance Vs Coinbase Battle, Quant Reveals

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A quant has explained how there appears to be a relationship between Coinbase’s spot volume dominance vs. Binance’s and the Bitcoin price. Bitcoin Has Been Reacting To Binance/Coinbase Volume Changes In a CryptoQuant Quicktake spot volume dominance. The quant shared a chart below that shows how this war for dominance has played out over the… Continue reading Bitcoin Price Linked To Binance Vs Coinbase Battle, Quant Reveals→

Is The Bitcoin Top Already Here? This Historical Pattern Says So

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A historical pattern currently forming in a Bitcoin on-chain indicator could suggest that a top may be near for the asset, if not already in. Bitcoin SOPR Ratio Is Forming A Historical Top Pattern Right Now In a CryptoQuant Quicktake Spent Output Profit Ratio” (SOPR) is an indicator that tells us whether the Bitcoin investors… Continue reading Is The Bitcoin Top Already Here? This Historical Pattern Says So→