Bitcoin Bears Crushed: $100M In Crypto Shorts See Flush As BTC Breaks $63,000

Data shows the cryptocurrency derivatives market has registered significant liquidations after the Bitcoin rally above the $63,000 mark. Bitcoin Rally Has Resulted In Short Liquidations On Derivatives Market According to data from Liquidation” here naturally refers to the process that any open contract undergoes where its platform forcibly closes it off after it has amassed… Continue reading Bitcoin Bears Crushed: $100M In Crypto Shorts See Flush As BTC Breaks $63,000

Bitcoin Q3 Rally Possible As Miner Selloff Finishes, Quant Says

A quant has explained how a rally could be possible for Bitcoin in this third quarter of 2024 as miner selling pressure has disappeared. Bitcoin Miners Appear To Have Stopped Their Selling In a CryptoQuant Quicktake post, an analyst has talked about how the selling pressure concerns from miners have resolved recently. There are two… Continue reading Bitcoin Q3 Rally Possible As Miner Selloff Finishes, Quant Says

Bitcoin Surges Past $71,000, But TD Sequential Says ‘Sell’

The Tom Demark (TD) Sequential has given a sell signal for Bitcoin after the asset broke past the $71,000 level in the past day. Bitcoin TD Sequential Is Giving A Sell Signal Right Now As explained by analyst Ali Martinez in a new TD Sequential” refers to an indicator in technical analysis (TA) that’s generally… Continue reading Bitcoin Surges Past $71,000, But TD Sequential Says ‘Sell’

Bitcoin Has Solid On-Chain Cushion Below $68,900: Stage Set For Fresh Rally?

On-chain data shows Bitcoin could have significant support between $66,900 and $68,900, which may help provide solid ground for a fresh surge to higher levels. A Large Amount Of Investors Bought Their Bitcoin Between $66,900 & $68,900 According to data from the market intelligence platform on-chain analysis, the strength of any support or resistance level… Continue reading Bitcoin Has Solid On-Chain Cushion Below $68,900: Stage Set For Fresh Rally?

Crypto Analyst Says Bitcoin Will Rise To $79,600 If This Holds

An analyst has explained how Bitcoin will “likely rise to test” the $79,600 level if BTC can hold above this important level of a pricing model. Next Bitcoin MVRV Pricing Band Is Currently Valued At $79,600 In a new Market Value to Realized Value” (MVRV) indicator. This metric tells us how the value that the… Continue reading Crypto Analyst Says Bitcoin Will Rise To $79,600 If This Holds

How High Can Bitcoin Go Before A Top? Analyst Chimes In

An analyst has explained how the Bitcoin rally could still have room to run before hitting a top based on the data of this indicator. Bitcoin Macro Oscillator Isn’t At Historical Top Zone Yet In a new post on X, analyst Willy Woo has discussed the recent trend developing in the Bitcoin Macro Oscillator (BMO).… Continue reading How High Can Bitcoin Go Before A Top? Analyst Chimes In

Parabolic Rally In The Making? Bitcoin Regains $70,000 As Traders’ Paper Profits Collapse To 3%

The world’s largest cryptocurrency, Bitcoin (BTC), has been consolidating over the past week, trading between $67,000 and $70,000 after experiencing a brief 20% price correction that sent it as low as $56,400 in early May.  This consolidation period comes as inflows into the US spot Bitcoin ETF market have reignited, and selling pressure appears to… Continue reading Parabolic Rally In The Making? Bitcoin Regains $70,000 As Traders’ Paper Profits Collapse To 3%

Analyst Says “Only A Matter Of Time” Before Bitcoin Flies Past ATH

An analyst explained how Bitcoin’s availability for trading has quietly declined during the asset’s recent consolidation phase. Bitcoin May Be In A Good Position To Set New All-Time Highs In a new centralized exchange platforms. The chart below shows how the spot and paper BTC reserves have changed over the past few years. As the… Continue reading Analyst Says “Only A Matter Of Time” Before Bitcoin Flies Past ATH

Is $77,600 The Next Step For Bitcoin? On-Chain Pricing Model Hints So

Data from a Bitcoin pricing model based on an on-chain indicator suggests that $77,600 may be the level where the asset will see its next peak. Bitcoin MVRV Pricing Bands Could Provide Hints About What’s Next In a new post on X, analyst Ali discussed what the Market Value to Realized Value (MVRV) Pricing Bands… Continue reading Is $77,600 The Next Step For Bitcoin? On-Chain Pricing Model Hints So

Analyst Says $71,000 Bitcoin Move Is Only Halfway Through, Here’s Why

An analyst has explained how the current Bitcoin surge appears to have hit the halfway completion mark if this indicator is to go by. Bitcoin VWAP Oscillator Suggests BTC Rally Only Halfway Done In a new Volume Weighted Average Price (VWAP) Oscillator is looking like after the latest rally. The VWAP is an indicator that,… Continue reading Analyst Says $71,000 Bitcoin Move Is Only Halfway Through, Here’s Why