Tag Archives: bitcoin rally

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→

Investors Buying Bitcoin (BTC) Over Ethereum (ETH): Key Data Reveals

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The market is facing severe volatility as the two main assets, Bitcoin (BTC) and Ethereum (ETH), are in crucial accumulation phases. However, Bitcoin has performed better over the past ten days, standing out amid the fluctuations.  The ETH/BTC chart reveals this shift. At the time of writing, Ethereum’s price in Bitcoin terms was 0.043, its… Continue reading Investors Buying Bitcoin (BTC) Over Ethereum (ETH): Key Data Reveals→

Bitcoin Resistance: Here Are The Challenges Ahead For BTC

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Bitcoin has certain on-chain resistance levels coming up that could threaten future rallies. Here are the exact prices at which they lie. Bitcoin Short-Term Holders Have Their Cost Basis At These Levels Ahead As explained by CryptoQuant author Axel Adler Jr in a new Realized Price,” which keeps track of the average acquisition price on… Continue reading Bitcoin Resistance: Here Are The Challenges Ahead For BTC→

Bitcoin Recovers To $61,000, Here Are The Possible Reasons

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Bitcoin has made a recovery back towards the $61,000 level during the past day. Here are the factors that could be behind this surge. Bitcoin Has Made Some Recovery During The Last 24 Hours After showing lackluster price action under $60,000 during the past few days, Bitcoin has finally shown some momentum in the last… Continue reading Bitcoin Recovers To $61,000, Here Are The Possible Reasons→

Bitcoin Holders Now Doing Loss-Taking: Sign That A Turnaround Is Near?

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On-chain data shows that Bitcoin investors have ended their net profit-taking spree recently, a potential sign that a price reversal could occur soon. Bitcoin Daily Realized Profit Loss Ratio Has Dipped Below 1 Recently As explained by CryptoQuant author Axel Adler Jr in a new post on X, realized losses have started to exceed profits… Continue reading Bitcoin Holders Now Doing Loss-Taking: Sign That A Turnaround Is Near?→

Minimal Bitcoin On-Chain Resistance Ahead: Price Set For New ATH?

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On-chain data suggests minimal resistance for Bitcoin, which could facilitate a rally toward a new all-time high (ATH). Almost All Bitcoin Investors Are Back In The Green With Latest Recovery According to data from the market intelligence platform on-chain analysis, the strength of support and resistance levels is based on the number of investors who… Continue reading Minimal Bitcoin On-Chain Resistance Ahead: Price Set For New ATH?→

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

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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

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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’

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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?

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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?→