Bitcoin Options Market Signals Further Upside Potential For BTC Price: New ATH Soon?

Following the return above $100,000 in the previous week, Bitcoin has fought well to maintain its hold above the six-figure mark in recent days. While the flagship cryptocurrency retains its six-figure valuation, there’s still some momentum lacking in its price action, as spotlighted by last week’s performance.  According to recent analysis, the sluggishness and apparent… Continue reading Bitcoin Options Market Signals Further Upside Potential For BTC Price: New ATH Soon?

Is Bitcoin Bull Run Back? Daily RSI Shows Only Mild Bullish Momentum

The price of Bitcoin has been on quite the run since mid-April, finding its way from beneath the $85,000 mark to as high as $104,700 over the past month. The largest cryptocurrency market enjoyed a positive shift in investor sentiment and a fresh influx of capital, especially through the BTC exchange-traded funds (ETFs). Interestingly, the… Continue reading Is Bitcoin Bull Run Back? Daily RSI Shows Only Mild Bullish Momentum

Bitcoin Rally Hits Wall as Price Stalls Below $104K, Analyst Cites Derivatives Pressure

Bitcoin experienced a notable surge earlier this week, climbing above the $104,000 mark and registering a weekly gain of nearly 10%. However, after reaching this level, the asset appears to have encountered resistance, with upward momentum slowing and price action remaining relatively flat in recent days. At the time of writing, BTC is trading at… Continue reading Bitcoin Rally Hits Wall as Price Stalls Below $104K, Analyst Cites Derivatives Pressure

Bitcoin Up $18,000, But HODLer Profits Same As On April 1—Here’s Why

On-chain data shows the profit margin of the Bitcoin long-term holders is currently the same as when BTC was still $85,000. Here’s what’s behind this. Bitcoin Long-Term Holder NUPL Has Returned To 0.69 In a new NUPL is an indicator that keeps track of the difference between the unrealized profit and unrealized loss held by… Continue reading Bitcoin Up $18,000, But HODLer Profits Same As On April 1—Here’s Why

Bitcoin Price Looks Upward — Is the Next Leg Higher Starting?

Bitcoin price started a fresh increase and cleared the $103,500 zone. BTC is now consolidating and might aim to clear the $105,000 zone. Bitcoin started a fresh upward move from the $101,500 zone. The price is trading above $103,000 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend… Continue reading Bitcoin Price Looks Upward — Is the Next Leg Higher Starting?

Bitcoin Near ATH, But Long-Term Holders Aren’t Selling – More Upside Ahead?

Fresh on-chain data suggests that despite Bitcoin (BTC) trading close to its all-time high (ATH), long-term holders (LTHs) are not offloading their holdings. Instead, these investors are continuing to accumulate the world’s largest cryptocurrency by market capitalization, signaling their confidence in further price gains in the coming weeks. Long-Term Bitcoin Holders Are Not Selling Yet… Continue reading Bitcoin Near ATH, But Long-Term Holders Aren’t Selling – More Upside Ahead?

This Late-Stage Bitcoin Bull Run Signal Hasn’t Shown Up Yet

On-chain data shows the Bitcoin Binary CDD is yet to reach the same peak as during the last few tops in the cryptocurrency’s price. 30-Day MA Of Bitcoin Binary CDD Is Currently Sitting Around 0.6 In a CryptoQuant Quicktake Coin Days Destroyed” (CDD) refers to an on-chain indicator that keeps track of the total number… Continue reading This Late-Stage Bitcoin Bull Run Signal Hasn’t Shown Up Yet

Bitcoin Could See Short-Term Holder Selloff Around These Levels, Analyst Says

An analyst has explained how Bitcoin could face significant waves of selling pressure from the short-term holders around these price levels. Bitcoin Short-Term Holder MVRV Could Flag These Levels As Important In a new post on X, CryptoQuant author Axel Adler Jr has talked about the trend in the Market Value to Realized Value (MVRV)… Continue reading Bitcoin Could See Short-Term Holder Selloff Around These Levels, Analyst Says

Bitcoin Rally Stalls as SOPR Spikes: Analyst Explains What It Means

Bitcoin’s recent climb appears to have momentarily slowed following a period of consistent upward momentum. After briefly trading above $104,000 earlier in the week, the price has since retraced to around $102,004, reflecting a modest 1.2% dip in the past 24 hours. Despite the pullback, BTC remains up nearly 20% over the past month and… Continue reading Bitcoin Rally Stalls as SOPR Spikes: Analyst Explains What It Means

Bitcoin Next Leg Up Loading? Analyst Says BTC Could Trade Sideways For Two Weeks

After reclaiming the crucial $100,000, Bitcoin (BTC) is testing its recently recovered levels as support, with some analysts suggesting that the price will see a short-term sideways move before breaking out of its key resistance. BTC’s Next Key Levels Over the past month, Bitcoin has seen a massive performance, recovering more than 23% from the… Continue reading Bitcoin Next Leg Up Loading? Analyst Says BTC Could Trade Sideways For Two Weeks