Bitcoin Latest Rally Backed By Stronger Purchasing Power: Report

Data of the Bitcoin Stablecoin Supply Ratio suggests investors have stronger purchasing power today than during the previous bull rally. Bitcoin Stablecoin Supply Ratio Showing Neutral Purchasing Power In its latest weekly report, the on-chain analytics firm Stablecoin Supply Ratio (SSR) of Bitcoin. This indicator measures the ratio between the Bitcoin supply and the supply… Continue reading Bitcoin Latest Rally Backed By Stronger Purchasing Power: Report

Bitcoin Setting Up For ‘Large Move’ Amid $103,000 Retest – Key Levels To Watch

Amid the tension in the Iran-Israel conflict, the cryptocurrency market experienced another daily pullback. Bitcoin (BTC), which had just recovered from Friday’s drop, erased its recent gains and recorded a 4.5% dip to the $103,000 mark in the past 24 hours. However, some analysts believe that the flagship crypto is preparing for a big move… Continue reading Bitcoin Setting Up For ‘Large Move’ Amid $103,000 Retest – Key Levels To Watch

Bitcoin Defies Bears: Price Nears $108,000 Despite $250M Exchange Inflows

On-chain data shows the exchanges recently received a large amount of Bitcoin inflows, but so far, the asset’s price has only been going up. Bitcoin Has Seen A Spike In Exchange Inflows Recently In a new Exchange Netflow is an on-chain indicator that keeps track of the net amount of the asset that’s moving into… Continue reading Bitcoin Defies Bears: Price Nears $108,000 Despite $250M Exchange Inflows

Bitcoin Derivatives In The Driver’s Seat For $100,000 Rally, Data Shows

Data shows the Bitcoin derivatives trading volume has been higher than the spot one during BTC’s latest recovery rally beyond $100,000. Bitcoin Trading Volume Ratio Has Declined Under The 1.0 Mark Recently In a new Trading Volume Ratio for Bitcoin. The “Trading Volume Ratio” is an indicator that keeps track of the ratio between the… Continue reading Bitcoin Derivatives In The Driver’s Seat For $100,000 Rally, Data Shows

Bitcoin Sentiment Nearly Back To Neutral—Green Sign For Rally?

Data shows the Bitcoin Fear & Greed Index is close to the neutral territory again, a sign that market sentiment has seen a cooldown. Bitcoin Fear & Greed Index Is Now Close To Edge Of Greed Territory The “Fear & Greed Index” is an indicator created by Alternative that tells us about the sentiment held by… Continue reading Bitcoin Sentiment Nearly Back To Neutral—Green Sign For Rally?

Bitcoin Whales Back In ‘Full Force’ For The Rally, Glassnode Reveals

The on-chain analytics firm Glassnode has revealed how the large Bitcoin investors have been buying during this price rally so far. Accumulation Trend Score Suggests Strong Buying From Mega Whales In a new Accumulation Trend Score” refers to an on-chain indicator that basically tells us about whether the BTC holders are buying or selling. The… Continue reading Bitcoin Whales Back In ‘Full Force’ For The Rally, Glassnode Reveals

Crypto Liquidations Near $1 Billion As Bitcoin & Altcoins Bounce Back

Data shows the cryptocurrency market has witnessed massive liquidations during the past day following the recovery Bitcoin and the altcoins have made. Bitcoin & Altcoins Have Jumped Back Following Trump’s Announcement Bitcoin and the rest of the cryptocurrency sector ended February on a very bearish note, as the market went through a deep drawdown that… Continue reading Crypto Liquidations Near $1 Billion As Bitcoin & Altcoins Bounce Back

Bitcoin Unable To Break Upward As 1.6 Million BTC Resistance Wall Blocks Path

On-chain data shows the presence of a massive Bitcoin supply wall around the $97,200 level, something that could impede BTC’s advances beyond the mark. Bitcoin Has Significant Resistance At Price Levels Just Ahead In a new on-chain analysis, the potential of any price level to act as support or resistance lies in the amount of… Continue reading Bitcoin Unable To Break Upward As 1.6 Million BTC Resistance Wall Blocks Path

Bitcoin Retests $95,000 Amid 4.2% Surge, Is A New Year Rebound Coming?

As the year ends, a renowned analyst suggested that Bitcoin (BTC) could have a New Year rebound after the flagship crypto surged by 4.2% to retest a key level. Bitcoin Sees End-On-Year Slowdown Bitcoin has struggled to hold the mid-zone of its one-month price range as the crypto market experiences an end-of-year slowdown. In December,… Continue reading Bitcoin Retests $95,000 Amid 4.2% Surge, Is A New Year Rebound Coming?

Bitcoin Is Forming A Symmetrical Triangle – Can BTC Reclaim $100K?

Bitcoin delighted investors with a Christmas Eve surge, climbing from $92,300 to an intraday high of $99,400. The swift rally has reignited bullish sentiment as the price successfully held a critical demand level, signaling strength and positioning BTC to challenge the psychological $100,000 milestone. Market participants are now closely watching Bitcoin’s next move, anticipating continued… Continue reading Bitcoin Is Forming A Symmetrical Triangle – Can BTC Reclaim $100K?