Bitcoin Is About To See A Historically-Profitable Crossover In This Metric

On-chain data shows the Bitcoin Puell Multiple is about to undergo a crossover that has historically been very bullish for BTC’s price. Bitcoin Puell Multiple Could Cross Its 365-Day MA In Near Future As pointed out by an analyst in a CryptoQuant Quicktake Puell Multiple” here refers to a popular on-chain indicator that tells us… Continue reading Bitcoin Is About To See A Historically-Profitable Crossover In This Metric

Bitcoin Demand Outweighs Supply As LTH Enter Active Distribution Phase

Bitcoin (BTC) has held steady above the $88,000 mark over the past few days, showcasing resilience as the broader market anticipates its next move. Price action remains robust, leaving investors waiting for lower prices frustrated, as BTC shows no signs of providing an easy entry point anytime soon. Key data from CryptoQuant reveals that long-term… Continue reading Bitcoin Demand Outweighs Supply As LTH Enter Active Distribution Phase

VanEck Gives Official Backing To Donald Trump’s Bitcoin Reserve Strategy

On Tuesday, Matthew Sigel, the head of digital asset research at asset management firm and crypto exchange-traded fund (ETF) issuer VanEck, officially endorsed President-elect Donald Trump’s proposal for a national strategic Bitcoin reserve.  Major Financial Players Align This endorsement comes as discussions about BCT’s role in US economic policy are intensifying, most notably with Dennis… Continue reading VanEck Gives Official Backing To Donald Trump’s Bitcoin Reserve Strategy

Bitcoin Reaches New High Of $94,000: Blockstream CEO Anticipates $1 Million Ahead

Bitcoin (BTC) has achieved a historic milestone, reaching $94,000 for the first time, fueled by a significant uptrend since November 5, the day President-elect Donald Trump secured his re-election. Trump’s promise to bring regulatory clarity to digital assets has ignited a strong rally, with BTC recording a 40% increase in just two weeks. ‘Prepare For… Continue reading Bitcoin Reaches New High Of $94,000: Blockstream CEO Anticipates $1 Million Ahead

Bitcoin Dominance Sliding Below This Level Could Signal Start Of Altseason, Trading Firm Says

Bitcoin (BTC) continues its historic price trajectory, trading in the low $90,000 range at the time of writing. However, a trading firm suggests that Bitcoin dominance (BTC.D) falling below a crucial level could signal the start of the long-anticipated altcoin season. Interest Rate Cuts, Trump Administration To Propel Crypto In a recent Telegram broadcast, Singapore-based… Continue reading Bitcoin Dominance Sliding Below This Level Could Signal Start Of Altseason, Trading Firm Says

Is $135,000 Bitcoin’s Current Ceiling? This Model Says So

The CryptoQuant founder has shared a model for Bitcoin that suggests the cryptocurrency’s maximum price could lie around $135,000 right now. Bitcoin Model Established On Realized Cap Could Reveal Price Ceiling & Floor In a new post on X, CryptoQuant founder and CEO Ki Young Ju has discussed about a BTC pricing model that’s based… Continue reading Is $135,000 Bitcoin’s Current Ceiling? This Model Says So

Metaplanet To Expand Bitcoin Holdings With $11.3 Million Bond Sale

In an announcement today, Japanese firm Metaplanet revealed plans to increase its Bitcoin (BTC) holdings by issuing $11.3 million worth of bonds to fund the purchase. Metaplanet To Increase BTC Holdings Through Bond Issuance The Tokyo-listed company announced on November 18 that its Board of Directors had approved a debt sale with a guarantee worth… Continue reading Metaplanet To Expand Bitcoin Holdings With $11.3 Million Bond Sale

Bitcoin Price Forecast: Fundstrat Sees BTC ‘Comfortably’ Over $100,000 This Year

Tom Lee, the head of research at independent financial analysis firm Fundstrat, has reiterated his optimistic outlook for the Bitcoin price, predicting that the cryptocurrency is on track to reach the $100,000 mark before the year concludes.  Optimistic Bitcoin Price Outlook In a recent appearance on CNBC’s Squawk Box, Lee discussed the implications of the… Continue reading Bitcoin Price Forecast: Fundstrat Sees BTC ‘Comfortably’ Over $100,000 This Year

Bitcoin ‘Parabolic Phase Just Begun’, Is BTC Hitting $100,000 This Week?

Bitcoin (BTC) started the week by breaking out of a bullish pattern after moving sideways for most of the weekend. The flagship cryptocurrency just started its “parabolic phase,” sitting 3.4% below its all-time high (ATH), which could bring “massive moves” for BTC this week. Bitcoin ‘Parabolic Phase’ Just Started Bitcoin has seen a massive surge… Continue reading Bitcoin ‘Parabolic Phase Just Begun’, Is BTC Hitting $100,000 This Week?

Bitcoin’s Market Is Still In An ‘Healthy Growth’ Phase, Says Analyst—Here’s Why

Last week, Bitcoin saw consistent upward momentum, leading to the asset breaching multiple resistances to achieve a peak of $93,477 finally. However, ever since, BTC has seen a price decrease and appears to maintain stability above $90,000 while showing signs of controlled market sentiment. Amid this price performance, a CryptoQuant analyst known as G a a… Continue reading Bitcoin’s Market Is Still In An ‘Healthy Growth’ Phase, Says Analyst—Here’s Why