Bitcoin Shark Wallets Set New Record: Bullish Foreshadowing For 2025?

On-chain data shows that Bitcoin shark-sized wallets have climbed to a new all-time high recently, a sign that could be bullish for BTC. Key Bitcoin Investors Have Been In Accumulation Mode Recently According to data from the on-chain analytics firm Supply Distribution,” which tells us about the amount of BTC wallets that belong to a… Continue reading Bitcoin Shark Wallets Set New Record: Bullish Foreshadowing For 2025?

Inauguration Effect? Bitcoin Whales Start Accumulating As Trump Era Begins

Following Donald Trump’s inauguration on January 20th, Bitcoin (BTC) has remained range-bound, trading between $101,000 to $110,000. However, a new report by CryptoQuant states that behind this routine price action, Bitcoin ‘whales’ are quietly back to accumulating the premier cryptocurrency. Bitcoin Whales Back In Accumulation Mode According to the report, large BTC holders – commonly… Continue reading Inauguration Effect? Bitcoin Whales Start Accumulating As Trump Era Begins

Bitcoin To $181,000? Mayer Multiple Reveals When BTC Will Become ‘Overbought’

Bitcoin has still not become overbought according to the Mayer Multiple. Here’s the level BTC would need to breech in order to enter this territory. Bitcoin Mayer Multiple Has A Value Of 1.37 Right Now In a new Mayer Multiple” here refers to an indicator that keeps track of the ratio between BTC’s spot price… Continue reading Bitcoin To $181,000? Mayer Multiple Reveals When BTC Will Become ‘Overbought’

Bitcoin Long-Term Holders Officially Enter Into Greed Territory, Is This Good Or Bad For Price?

In a recent development, crypto analyst Ali Martinez revealed that Bitcoin long-term holders have officially entered greed territory. This could benefit the price in the short term, although the long-term consequences could be severe. The greed phase suggests that long-term Bitcoin holders are now excessively optimistic about BTC’s future trajectory. Bitcoin Long-Term Holders Officially Enter… Continue reading Bitcoin Long-Term Holders Officially Enter Into Greed Territory, Is This Good Or Bad For Price?

Bitcoin’s Latest ATH: Is The Top Finally In Or Just Getting Started?

In the past months, Bitcoin has broken multiple resistance levels to achieve consistent all-time highs each month. So far, the asset’s latest all-time high sits above $109,000 marking a more than 150% increase in year-over-year performance. Amid this price performance, CryptoQuant analyst Gaah has recently nearing a peak. Bitcoin: Is The Top In? According to… Continue reading Bitcoin’s Latest ATH: Is The Top Finally In Or Just Getting Started?

Bitcoin Price at $100K+: Consolidation or Calm Before the Next Move?

Bitcoin price settled above the $100,500 resistance zone. BTC is consolidating gains and might aim for a fresh increase above the $105,000 zone. Bitcoin started a downside correction from the $106,800 zone. The price is trading below $104,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support… Continue reading Bitcoin Price at $100K+: Consolidation or Calm Before the Next Move?

Bitcoin NVT Golden Cross Hits 60-Day Low: Is This Bullish?

On-chain data shows the Bitcoin Network Value to Transactions (NVT) Golden Cross has plummeted recently. Here’s what this could mean for BTC’s price. Bitcoin NVT Golden Cross Has Plunged Into Bottom Zone Recently As explained by an analyst in a CryptoQuant Quicktake NVT Ratio” refers to an indicator that keeps track of the ratio between… Continue reading Bitcoin NVT Golden Cross Hits 60-Day Low: Is This Bullish?

Bitcoin Liquidity Blocks Tell A Story: Here’s Why $96,000-$111,000 Is Most Important

Although Bitcoin price action is still holding above the $100,000 price level, the past 24 hours have been highlighted by a 2.5% decline. According to liquidation data from Coinglass, this decline has seen $65.47 million worth of positions liquidated, with the majority ($54.10 million) being long positions.  Crypto analyst Kevin (Kev_Capital_TA) noted a significant range… Continue reading Bitcoin Liquidity Blocks Tell A Story: Here’s Why $96,000-$111,000 Is Most Important

Bitcoin Price Likely To Fluctuate Between $100,000 And $110,000 Until FOMC Meeting, Says Analyst

After a flash crash to $89,256 earlier this month, Bitcoin (BTC) made a swift recovery, reaching a new all-time high (ATH) of $108,786 on January 20. However, according to a crypto analyst, further upside could be limited until the Federal Open Market Committee (FOMC) meeting later this month. Bitcoin To Remain Range-Bound Until FOMC Meeting… Continue reading Bitcoin Price Likely To Fluctuate Between $100,000 And $110,000 Until FOMC Meeting, Says Analyst

Bitcoin Price Slides Once More: Can Bulls Defend Key Levels?

Bitcoin price struggled to clear the $107,200 resistance zone. BTC is correcting gains and might revisit the $100,000 support zone. Bitcoin started a downside correction from the $107,200 zone. The price is trading below $104,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $103,650 on… Continue reading Bitcoin Price Slides Once More: Can Bulls Defend Key Levels?