Bitcoin’s Most Critical Support Level At $69,000 — Here’s Why

The price of Bitcoin made a strong start to the month of April, reaching as high as $87,000 on Wednesday, April 2. The flagship cryptocurrency couldn’t sustain this blistering momentum, dropping below $84,000 in the late hours of Friday, April 4. However, the BTC price has been relatively stable compared to the altcoin market and… Continue reading Bitcoin’s Most Critical Support Level At $69,000 — Here’s Why

How Close Is Bitcoin To A Bear Market? This Historical Level May Contain Hints

A Bitcoin on-chain level has historically served as the boundary for bear markets. Here’s how far the asset’s price is currently from this line. Bitcoin Is Above Realized Price Of All Major Cohorts Right Now In a new post on X, CryptoQuant founder and CEO Ki Young Ju has discussed where the Realized Price currently… Continue reading How Close Is Bitcoin To A Bear Market? This Historical Level May Contain Hints

Bitcoin Decline Continues: Is $86,800 The Level To Watch?

On-chain data shows the Realized Price of the Bitcoin short-term holders lies at $86,800 right now, making the level one to watch. Bitcoin Is Still At A Notable Gap From Short-Term Holder Cost Basis In a new Market Value to Realized Value (MVRV) Ratio,” which keeps track of the ratio between BTC’s Market Cap and… Continue reading Bitcoin Decline Continues: Is $86,800 The Level To Watch?

Bitcoin Realized Price Moves Further Away From Market Value – Bearish Signal Or Not?

Bitcoin declined by 1.83% in the past week pushing its market price to below $97,000. Despite this loss, market sentiments on premier cryptocurrency remain highly bullish amidst a 61% price gain that stretches to early October. However, Bitcoin’s impressive ascent to new points over the past few weeks has resulted in potentially bearish market developments.… Continue reading Bitcoin Realized Price Moves Further Away From Market Value – Bearish Signal Or Not?

Bitcoin Analyst Reveals Best On-Chain Metric For ‘Day-To-Day Trading’

An analyst has explained how this Bitcoin on-chain indicator has been one of the best in terms of short-term trading during the past month. Bitcoin Short-Term Holder Realized Price Has Proven To Be Reliable Recently In a new post on X, CryptoQuant Community Manager Maartunn has discussed about an indicator that’s suited for doing day-to-day… Continue reading Bitcoin Analyst Reveals Best On-Chain Metric For ‘Day-To-Day Trading’

Bitcoin Resistance: Here Are The Challenges Ahead For BTC

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 Makes Sharp Recovery, But Watch Out For Resistance At $64,000

On-chain data shows that the Bitcoin short-term holder whales have a cost base above $64,000, which could be a potential resistance point for BTC. Bitcoin Is Not Far From Realized Price Of Short-Term Holder Whales After Rally As pointed out by an analyst in a CryptoQuant Quicktake Realized Price” here refers to an indicator that… Continue reading Bitcoin Makes Sharp Recovery, But Watch Out For Resistance At $64,000

Is Bitcoin In A Bear Market Now? Here’s What On-Chain Data Suggests

Bitcoin has gone through a major crash recently, but has the asset yet breached the historical bear market boundary? Here’s what on-chain data says. Bitcoin Is Currently Under Realized Price Of New Whales In a new post on X, CryptoQuant founder and CEO Ki Young Ju has discussed what the Realized Price of different key… Continue reading Is Bitcoin In A Bear Market Now? Here’s What On-Chain Data Suggests

Bitcoin Bull Cycle Likely To Go On Till Mid-2025: CryptoQuant CEO

The CEO and founder of the on-chain analytics firm CryptoQuant has explained how this Bitcoin bull cycle could probably last till mid-2025. Profit-Taking From Old Bitcoin Whales Lasted For 18 Months In Previous Cycles In a new post on X, CryptoQuant founder and CEO Ki Young Ju has discussed about a pattern that old whales… Continue reading Bitcoin Bull Cycle Likely To Go On Till Mid-2025: CryptoQuant CEO

Bitcoin Crashes To $64,000: Will This Historical Support Hold?

On-chain data shows Bitcoin is retesting a historically significant support level after the latest plunge in the asset’s price has gone through. Bitcoin Is Currently Retesting The Short-Term Holder Realized Price As explained by CryptoQuant community manager Maartunn in a new drawdown. The “Realized Price” here refers to an on-chain indicator that, in short, keeps… Continue reading Bitcoin Crashes To $64,000: Will This Historical Support Hold?