Mass Exodus? Over 672,000 Bitcoin Holders Drop Out Amid Market Shifts

As Santiment analytics disclose an accelerating decline in wallets holding one or more Bitcoin, the cryptocurrency industry has gone abuzz. Crucial for gauging mood in the market, this indicator has been progressively dropping as traders become less optimistic that Bitcoin may rise beyond its historic high of $73,750, which it last touched on March 14.… Continue reading Mass Exodus? Over 672,000 Bitcoin Holders Drop Out Amid Market Shifts

Bitcoin Price Hints at Downside: Preparing for Potential Declines

Bitcoin price corrected gained from the $66,000 resistance level. BTC dipped below $64,000 and might extend losses in the short term. Bitcoin started a fresh downside correction from the $66,000 resistance zone. The price is trading below $64,500 and the 100 hourly Simple moving average. There was a break below a key bullish trend line… Continue reading Bitcoin Price Hints at Downside: Preparing for Potential Declines

Bitcoin (BTC) Could Be On The Verge Of a 30% Gain, Here’s Why

Bitcoin seems on the verge of a massive breakout as it nears a crucial bull market trendline that broke in June last year. From a technical perspective, this development is an important step for Bitcoin to re-enter a price point that has traditionally opened the door to massive gains. Indicator of Market Recovery According to… Continue reading Bitcoin (BTC) Could Be On The Verge Of a 30% Gain, Here’s Why

Bitcoin Forming A Signal That’s Usually “Very Bullish,” Analyst Says

An analyst has pointed out how Bitcoin is back above the cost basis of the short-term holders, a sign that can be bullish for the asset. Bitcoin Is Back Above The Realized Price Of Short-Term Holders As explained by CryptoQuant community manager Maartunn in a new Realized Price” here refers to an indicator that, in… Continue reading Bitcoin Forming A Signal That’s Usually “Very Bullish,” Analyst Says

Crypto Analyst Says Bitcoin Is Not Ready For $65,000 Retest, But Can It Reach $71,500?

Crypto analyst Rekt Capital has provided insights into the Bitcoin future trajectory. Based on his analysis, the flagship crypto might not yet be ready for its next leg up, which could see it climb back above $70,000.  Bitcoin Not Yet Ready To Establish $65,000 As New Support Rekt Capital claimed in an X (formerly Twitter)… Continue reading Crypto Analyst Says Bitcoin Is Not Ready For $65,000 Retest, But Can It Reach $71,500?

Billions Worth Of Bitcoin Pulled From Exchanges: Is BTC Preparing For $72,000?

Bitcoin is steady when writing, floating above immediate support levels and inches away from reclaiming the all-important local liquidation line at around $66,000. Even as the broader crypto community expects buyers to step in and push prices higher, there are exciting developments that buttress this outlook. Billions Worth Of BTC Pulled From Exchanges According to… Continue reading Billions Worth Of Bitcoin Pulled From Exchanges: Is BTC Preparing For $72,000?

Why Did The German Government Sell Off 50,000 Bitcoin In 2 Weeks

The German government has sold all of its Bitcoin (BTC) in just two weeks. The reason for the substantial Bitcoin dump was unveiled in a recent statement by the Saxony Central Office for the Protection and Realization of Virtual Currencies. Why Germany Sold All Its Bitcoin In a blog post published on July 16, the… Continue reading Why Did The German Government Sell Off 50,000 Bitcoin In 2 Weeks

Dogecoin Big Rally Ahead: Analyst Sees ‘Most Beautiful’ Chart Pattern

Once again taking the stage in the crypto scene is the popular meme coin Dogecoin (DOGE). Renowned crypto analyst JD has lately revealed his very positive view of DOGE, which has excited traders and investors. Driven by what he labels as one of the most “beautiful charts” he has seen in his long trading history,… Continue reading Dogecoin Big Rally Ahead: Analyst Sees ‘Most Beautiful’ Chart Pattern

Bitcoin Price Set To Skyrocket To $750,000, Says Expert

In a forecast shared via a YouTube video, Joe Burnett, Senior Product Marketing Manager at Unchained Capital, articulates a strong case for Bitcoin reaching a valuation of $750,000. According to Burnett, the market may be substantially underestimating Bitcoin’s potential this cycle, often losing sight of its broader context within the global financial ecosystem. Why Bitcoin… Continue reading Bitcoin Price Set To Skyrocket To $750,000, Says Expert

Behind Bitcoin’s Surge Above $64,000: Here Are The Key Drivers of the Current Rally

Bitcoin price has rallied above the $64,000 mark. Glassnode, a market intelligence platform, has price movement to a significant easing of sell-side pressure, particularly from the German government. Exhaustion of Sell-Side Pressure According to the on-chain data provided by Glassnode, the recent uptick in Bitcoin’s price is largely due to what they describe as the… Continue reading Behind Bitcoin’s Surge Above $64,000: Here Are The Key Drivers of the Current Rally