Bitcoin Price Comeback: Can It Regain Ground?

Bitcoin price started a recovery wave above the $95,000 level. BTC might continue to rise if it clears the $100,00 resistance zone. Bitcoin started a decent upward move above the $95,000 zone. The price is trading above $95,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend line… Continue reading Bitcoin Price Comeback: Can It Regain Ground?

DeFi Exploits Plunge 40% In 2024, But Centralized Exchange Losses Soar – Report

According to a report published today by blockchain security firm Hacken, decentralized finance (DeFi) protocols witnessed a steep decline in exploits in 2024, while centralized finance (CeFi) platforms more than doubled their losses due to security breaches. DeFi Platforms Show Better Security Mechanisms In its annual “Web3 Security Report,” Hacken outlined the general trends in… Continue reading DeFi Exploits Plunge 40% In 2024, But Centralized Exchange Losses Soar – Report

Bitcoin Short-Term Holders Fueling Potential Dip – $90K Support Crucial Level To Hold

Bitcoin experienced a highly volatile trading session yesterday, with prices swinging between $92,300 and $96,420 throughout the day. The cryptocurrency now hovers near the $93,000 mark, struggling to establish a clear direction in the short term. As market participants await decisive action, uncertainty looms over whether Bitcoin will sustain its bullish structure or face a… Continue reading Bitcoin Short-Term Holders Fueling Potential Dip – $90K Support Crucial Level To Hold

Bitcoin Price Can Recover To $107,000 Again If This Important Level Is Broken

Over the last few weeks, the Bitcoin price has been on a downward trend, experiencing significant declines that have pushed it below its all-time high above $104,000. Despite this price crash, a crypto analyst has predicted that Bitcoin could recover from this slump and potentially reach a new ATH at $107,000. However, for the pioneer… Continue reading Bitcoin Price Can Recover To $107,000 Again If This Important Level Is Broken

Bitcoin Coinbase Premium Giving Potential Buy Signal, Quant Says

A quant has explained how the latest trend in the Bitcoin Coinbase Premium Index could imply a buying opportunity for the asset. Bitcoin Coinbase Premium Index Has Plunged To -0.221% In a CryptoQuant Quicktake Coinbase Premium Index” refers to a metric that keeps track of the percentage difference between the BTC price on Coinbase (USD… Continue reading Bitcoin Coinbase Premium Giving Potential Buy Signal, Quant Says

Bitcoin Faces Short-Term Uncertainty as Exchange Inflows Surge and Tether Liquidity Drops

Bitcoin has recently experienced mixed market movements, with analysts closely monitoring on-chain data to understand the short-term trajectory of the leading cryptocurrency. On-chain metrics indicate a notable shift in exchange activity, with Tether (USDT) seeing significant outflows while Bitcoin (BTC) inflows into exchanges remain elevated. This trend suggests a potential “imbalance” in market dynamics, where… Continue reading Bitcoin Faces Short-Term Uncertainty as Exchange Inflows Surge and Tether Liquidity Drops

Bitcoin Price on Thin Ice: Could a Major Drop Be Next?

Bitcoin price extended losses and traded below the $95,000 zone. BTC is showing bearish signs and might decline heavily below the $92,000 level. Bitcoin started a fresh decline below the $95,000 zone. The price is trading below $94,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance… Continue reading Bitcoin Price on Thin Ice: Could a Major Drop Be Next?

Bitcoin’s Key SOPR Metric Holds Steady: Are Long-Term Holders Eyeing Higher Prices?

Bitcoin has continued to see declining performance in recent days with on-chain metrics offering valuable insights into market behavior. Among these metrics, the Spent Output Profit Ratio (SOPR) for long-term holders has particularly emerged as a critical tool for assessing investor sentiment and market resilience. Long-term holders, defined as investors holding Bitcoin for over 155… Continue reading Bitcoin’s Key SOPR Metric Holds Steady: Are Long-Term Holders Eyeing Higher Prices?

Is Altcoin Season Here Already? VanEck Answers As Bitcoin Price Struggles Below $100,000

The recent Bitcoin price action has been marked by a correction from its all-time high of $108,135 achieved just a week ago. Although Bitcoin has largely held up above the $90,000 mark, the correction has seen the cryptocurrency falling to as low as $92,500 in the past 24 hours. This decline has not only shaken… Continue reading Is Altcoin Season Here Already? VanEck Answers As Bitcoin Price Struggles Below $100,000

Bitcoin Price Flashes Major Buy Signal On The 4-Hour TD Sequential Chart, Where To Enter?

A crypto analyst has shared a TD Sequential chart indicating that the Bitcoin price is flashing a major buy signal in the 4-hour time frame. This signal suggests that Bitcoin’s bearish momentum could be waning, making this a potentially critical moment to consider entering the market. Bitcoin Price TD Sequential Flashes Buy Signal A potential… Continue reading Bitcoin Price Flashes Major Buy Signal On The 4-Hour TD Sequential Chart, Where To Enter?