Bitcoin Supply In Loss Nears 20%: Could This Trigger A Fresh Surge?

On-chain data shows the Bitcoin supply in loss has shot up close to the 20% mark after the recent bearish action in the coin’s price. Bitcoin UTXO Supply In Loss Has Seen A Sharp Increase Recently In a new UTXO Supply in Loss” measures, as its name suggests, the total percentage of UTXOs in existence… Continue reading Bitcoin Supply In Loss Nears 20%: Could This Trigger A Fresh Surge?

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

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?

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?

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’

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

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