Tag Archives: BTCUSDT

On-Chain Data Shows Over 51,000 Bitcoin Withdrawn From Binance Since Mid-April

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Bitcoin’s recent recovery has encountered resistance as the asset remains range-bound between $93,000 and $97,000. After briefly climbing late last month, Bitcoin has struggled to maintain upward momentum since then. At the time of writing, BTC is trading at approximately $94,305, reflecting a modest 1.3% decline over the past day. While price action has slowed,… Continue reading On-Chain Data Shows Over 51,000 Bitcoin Withdrawn From Binance Since Mid-April→

Strategy Expands Bitcoin Investments With Latest Purchase, Now Holding 555,450 BTC In Total

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In a recent filing with the US Securities and Exchange Commission (SEC), Strategy (formerly Microstrategy), disclosed the purchase of an additional 6,556 Bitcoin (BTC) at an average price of $95,167 per coin between April 28 and May 4.  This latest acquisition brings the company’s total Bitcoin holdings to 555,450 BTC, valued at approximately $38.08 billion,… Continue reading Strategy Expands Bitcoin Investments With Latest Purchase, Now Holding 555,450 BTC In Total→

Bitcoin In The Middle Of A Decision Point, Analyst Says—Here’s Why

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An on-chain analyst has explained how Bitcoin could be in the middle of a decision point based on its supply cost basis distribution. Bitcoin Is Currently Retesting A Major Supply Cluster In a new UTXO Realized Price Distribution (URPD). The URPD is an on-chain indicator that tells us about what part of the BTC supply… Continue reading Bitcoin In The Middle Of A Decision Point, Analyst Says—Here’s Why→

Positive Bitcoin Forecast: Expert Anticipates BTC Will Not Dip Below $100K Next Year

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As Bitcoin (BTC) inches closer to the coveted $100,000 mark, optimism in the broader cryptocurrency market is palpable. Following a recovery that saw Bitcoin rise to approximately $97,800 last week, it has since retraced to around $94,340, reflecting a slight 0.4% decrease over the last 24 hours, according to CoinGecko data.  This comes on the… Continue reading Positive Bitcoin Forecast: Expert Anticipates BTC Will Not Dip Below $100K Next Year→

LMACD Indicator Reveals Where The Bitcoin Price Is After Rejection From $97,000

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The Bitcoin price faced a rejection following its surge to $97,000 last week. Technical expert Tony Severino has commented on this development and alluded to the LMACD indicator, which has revealed what is next for the flagship crypto.  What Is Next For The Bitcoin Price After Rejection At $97,000 In an X post, Tony Severino… Continue reading LMACD Indicator Reveals Where The Bitcoin Price Is After Rejection From $97,000→

Bitcoin Price Eases From Highs — Support Zone Still Intact

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Bitcoin price started a downside correction from the $97,800 zone. BTC is now trading below $95,000 and testing the $93,500 support zone. Bitcoin remained supported above the $94,500 zone. The price is trading below $96,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $95,250 on… Continue reading Bitcoin Price Eases From Highs — Support Zone Still Intact→

Bitcoin Caught In Bearish Drift As It Slips Below Key Support Averages, Bears Taking Over?

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According to a recent bulls unable to reclaim control and bears subtly tightening their grip. The dip below these moving averages paints a short-term bearish picture, as Shaco AI described it, “Mama Bear pulling Baby Bitcoin down.” This metaphor highlights the building pressure on Bitcoin as it attempts to break free from its current consolidation… Continue reading Bitcoin Caught In Bearish Drift As It Slips Below Key Support Averages, Bears Taking Over?→

Bitcoin Spot ETFs Score $1.81 Billion In Net Inflows As Market Revival Continues

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The US Bitcoin ETFs are strongly reflecting the bullish sentiments that are ravaging the crypto market at the moment. Following an impressive performance in the third week of April marked by $3.06 billion in net inflows, these Bitcoin ETFs did well to retain investors’ interest by attracting almost $2 billion in deposits over the past… Continue reading Bitcoin Spot ETFs Score $1.81 Billion In Net Inflows As Market Revival Continues→

Analyst Identifies When Bitcoin Price Will Reach Cycle Top — Here’s The Timeline

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The Bitcoin price appeared to have reached its top in this current cycle, embarking on a downward trend after notching a new all-time high of $108,786 at the beginning of the year. The story seems to be changing again for the premier cryptocurrency, as it builds on recent bullish momentum and looks to reclaim the… Continue reading Analyst Identifies When Bitcoin Price Will Reach Cycle Top — Here’s The Timeline→

Bitcoin At Critical Juncture – Price Levels To Watch: Analyst

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Bitcoin maintains its bullish form from April as it gains by over 4% in the first two days of May to surge above $97,000. Following this recent gain, the premier cryptocurrency is experiencing a minor retracement as investors attempt to decipher the current market phase. Meanwhile, a prominent crypto analyst with the X handle IT… Continue reading Bitcoin At Critical Juncture – Price Levels To Watch: Analyst→