Safe Haven Split: Bitcoin-Gold Correlation Turns Negative For First Time In 6 Months

Data shows the correlation between Bitcoin and Gold has turned negative, a sign that the two assets are moving in the direction opposite to each other. Correlation Coefficient Is Now Underwater For Bitcoin & Gold In a new Gold. The Correlation Coefficient is a tool from statistics that measures the relationship between two given variables… Continue reading Safe Haven Split: Bitcoin-Gold Correlation Turns Negative For First Time In 6 Months

Bitcoin Withdrawal Wave Points To Another Major Leg Up In The Bull Cycle, Analyst Says

After hitting its latest all-time high (ATH) on August 14, Bitcoin (BTC) has been on a steady decline, trading just above the $110,000 level at the time of writing. While some analysts opine that the crypto bull run may be over, on-chain data suggests that there is at least one more major leg up ahead… Continue reading Bitcoin Withdrawal Wave Points To Another Major Leg Up In The Bull Cycle, Analyst Says

Crypto Analyst Warns 90% Bitcoin Price Crash Is Coming, Here’s When

The Bitcoin price has soared to historic highs this year, but not everyone believes the rally will last. A new warning from a crypto analyst suggests that the world’s largest cryptocurrency could be on the verge of a dramatic price crash, with the possibility of erasing nearly all of its gains and tumbling back to… Continue reading Crypto Analyst Warns 90% Bitcoin Price Crash Is Coming, Here’s When

Bitcoin Whales Cut Back: Average Holdings At Lowest Since 2018

On-chain data shows the size of the average Bitcoin whale has dropped to the lowest level since 2018, a sign that may be bearish for BTC’s price. Average Bitcoin Whale Is Holding Just 488 BTC Now In a new whales” as entities holding between 100 and 10,000 BTC. At the current exchange rate, the range’s… Continue reading Bitcoin Whales Cut Back: Average Holdings At Lowest Since 2018

Bitcoin, Ethereum Open Interest Are Sitting Close To ATH Levels, What Happened Last Time?

Over the last few weeks, both Bitcoin and Ethereum have seen an interesting wave of price action with high volatility. Naturally, this volatility has spurred a wave of trading as crypto traders see this as a time of opportunity due to the fluctuations. The result of this has been a rapid rise in the open… Continue reading Bitcoin, Ethereum Open Interest Are Sitting Close To ATH Levels, What Happened Last Time?

Bitcoin Market Base Turns Neutral-Bearish As Flows Stay Weak

Bitcoin is entering a fragile stage after days of selling pressure and uncertainty pushed the price into consolidation around the $110,000 level. Bulls are working to defend this key area, but momentum has clearly faded. The market now finds itself in a holding pattern, with investors cautious about whether Bitcoin will stabilize or break lower… Continue reading Bitcoin Market Base Turns Neutral-Bearish As Flows Stay Weak

Bitcoin And Ethereum Exchange Inflows Overshadow Stablecoin Demand – Details

Bitcoin is once again at the center of market turbulence, trading just above the $110,000 level, which many analysts view as a critical zone of demand. While BTC is holding this support for now, volatility has surged as bears increase pressure and investor sentiment grows cautious. The market is closely watching whether Bitcoin can maintain… Continue reading Bitcoin And Ethereum Exchange Inflows Overshadow Stablecoin Demand – Details

Bitcoin In Trouble? Exchange Reserve Spikes To Highest In Months

On-chain data shows the Bitcoin Exchange Reserve has witnessed a spike recently, a sign that could be bearish for the asset’s price. Bitcoin Exchange Reserve Has Hit A Multi-Month High In a new Exchange Reserve” refers to an on-chain indicator that keeps track of the total amount of the cryptocurrency that is sitting on the… Continue reading Bitcoin In Trouble? Exchange Reserve Spikes To Highest In Months

One Major Reason Bitcoin Hasn’t Reached $150,000, According To Trump’s Crypto Advisor

Bitcoin (BTC) has experienced a significant correction this week, retracing over 10% from its all-time highs above $124,000. Despite this downturn, many remain optimistic about the cryptocurrency’s potential for further gains in the coming months.  David Bailey, CEO of Bitcoin Magazine and a crypto advisor to President Donald Trump, has attributed the recent price fluctuations… Continue reading One Major Reason Bitcoin Hasn’t Reached $150,000, According To Trump’s Crypto Advisor

Bitcoin Attempts $111,000 Reclaim, But Last Leg Up Could Be Weeks Away – Analyst

Bitcoin (BTC) has seen a 4% bounce from the lows to retest a crucial resistance level, which could determine whether a breakout or a breakdown is next. Meanwhile, an analyst suggested that BTC’s final leg up and cycle peak could come in the coming weeks. Bitcoin Key Attempts Key Level Reclaim Following its recent drop,… Continue reading Bitcoin Attempts $111,000 Reclaim, But Last Leg Up Could Be Weeks Away – Analyst