Tag Archives: bitcoin rally

Bitcoin Miner Selloff Is Calming Down: Green Sign For Rally To Continue?

Posted on by — No Comments ↓

On-chain data shows the Bitcoin miner exchange inflows have been dropping recently, a sign that may be bullish for the asset’s price. Bitcoin Miner Exchange Inflow Has Been Declining Recently As explained by CryptoQuant author Axel Adler Jr in a newExchange inflows” here naturally refer to transactions heading to wallets attached to centralized exchanges from… Continue reading Bitcoin Miner Selloff Is Calming Down: Green Sign For Rally To Continue?→

3 Reasons Bitcoin Price Rally Is At Risk – Details

Posted on by — No Comments ↓

Bitcoin emerged as an investors’ favorite this past week, recording a price rise of 4.07% according to data from CoinMarketCap. During this price surge, the premier cryptocurrency traded as high as $66,000, a level last reached in late July. However, despite this price gain which extends Bitcoin’s “unusual” positive performance in September, certain market conditions… Continue reading 3 Reasons Bitcoin Price Rally Is At Risk – Details→

Bitcoin Breaks $66,000, But Analyst Warns Against Fresh Longs—Here’s Why

Posted on by — No Comments ↓

Bitcoin has shown bullish momentum during the past day, but an analyst has pointed out how the asset may be in a high-risk zone now due to the Open Interest trend. Bitcoin Open Interest Has Seen A Rapid Increase Recently As explained by CryptoQuant community manager Maartunn in a newOpen Interest” is an indicator that… Continue reading Bitcoin Breaks $66,000, But Analyst Warns Against Fresh Longs—Here’s Why→

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

Posted on by — No Comments ↓

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 Hype Remains Low Even After $63,000 Surge: Green Sign For Rally?

Posted on by — No Comments ↓

Data shows the social media users have yet to show excessive hype around the latest Bitcoin rally, a sign that could be positive for its sustainability. Bitcoin Sentiment Ratio Has Spiked, But Value Still Not Too High According to data from the analytics firm Positive Sentiment vs. Negative Sentiment Ratio,” which, as its name suggests,… Continue reading Bitcoin Hype Remains Low Even After $63,000 Surge: Green Sign For Rally?→

Crypto Shorts Suffer $147 Million Squeeze As Bitcoin Returns Above $63,000

Posted on by — No Comments ↓

Data shows the cryptocurrency sector as a whole has witnessed a high amount of liquidations following the volatility Bitcoin and others have gone through. Bitcoin Has Recovered Back Above The $63,000 Level Following the news of the US Federal Reserve cutting back on interest rates, Bitcoin has responded positively, with its price breaking above the… Continue reading Crypto Shorts Suffer $147 Million Squeeze As Bitcoin Returns Above $63,000→

Bitcoin Toughest Time Over: Why Q4 Could Be A Game-Changer

Posted on by — No Comments ↓

An analyst has explained how the worst could be behind for Bitcoin, and Q4 may bring back bullish momentum if history is anything to go by. Q3 Has Historically Been The Worst Time For Bitcoin Investors In a new post on X, Capriole Investments founder Charles Edwards talked about how investors are going through the… Continue reading Bitcoin Toughest Time Over: Why Q4 Could Be A Game-Changer→

Bitcoin Investors Succumb To Fear As BTC Erases $60,000 Weekend Recovery

Posted on by — No Comments ↓

Data shows that the sentiment of the Bitcoin market has switched to fear after the retrace. BTC has seen a $58,000 level during the past day. Bitcoin Fear & Greed Index Is Pointing At ‘Fear’ Now The “Fear & Greed Index” is an indicator created by Alternative that tells us about the general sentiment among… Continue reading Bitcoin Investors Succumb To Fear As BTC Erases $60,000 Weekend Recovery→

Bitcoin Recovery: Has BTC Prevented A Fall To $41,000 With This Surge?

Posted on by — No Comments ↓

Bitcoin has made some recovery over the past 24 hours, which may have prevented this deep fall that the asset was previously at risk of. Bitcoin Has Recovered Back Towards The $57,000 Level Bitcoin witnessed a plunge a few days ago, but it has started this new week with bullish momentum, seemingly rejuvenated as its… Continue reading Bitcoin Recovery: Has BTC Prevented A Fall To $41,000 With This Surge?→

Bitcoin Surges Above $57,000, But Investors Still Shorting: Fuel For More Rise?

Posted on by — No Comments ↓

Data shows derivatives exchange users are still shorting Bitcoin after the recovery that the cryptocurrency has enjoyed beyond the $57,000 mark. Bitcoin Funding Rate Is Still Negative On Major Exchanges According to data from the analytics firm Funding Rate,” which keeps track of the periodic fee that the derivatives contract traders on a given exchange… Continue reading Bitcoin Surges Above $57,000, But Investors Still Shorting: Fuel For More Rise?→