Nearly 7M Bitcoin Now Sitting At A Loss: Highest Unrealized Pain Since January 2024

Bitcoin is now holding ground around the $90K level as the market transitions into a new and uncertain phase. Sentiment is sharply divided: some analysts argue that the breakdown below $100K marks the beginning of a new bear market, while others believe Bitcoin is setting the stage to break its traditional four-year cycle and rally… Continue reading Nearly 7M Bitcoin Now Sitting At A Loss: Highest Unrealized Pain Since January 2024

This Bitcoin Bear Confirmation Is Yet To Appear, Glassnode Reveals

The on-chain analytics firm Glassnode has revealed in a report how this historical bear market confirmation is yet to appear for Bitcoin in the current cycle. Bitcoin Unrealized Loss Hasn’t Spiked For Long-Term Holders Yet In its latest weekly report, Unrealized Loss” is an on-chain indicator that measures the total amount of loss that the… Continue reading This Bitcoin Bear Confirmation Is Yet To Appear, Glassnode Reveals

Hard To Be “Too Scared Of Bitcoin Price Action,” Says Analyst. Here’s Why

Bitcoin has been having a bad time recently, but this analyst isn’t too worried about it, based on the recent trend in an on-chain indicator. Bitcoin Unrealized Loss Has Been At Low Levels Recently In a new post on X, on-chain analyst Checkmate talked about how the latest price action of the cryptocurrency isn’t too… Continue reading Hard To Be “Too Scared Of Bitcoin Price Action,” Says Analyst. Here’s Why