Tag Archives: BTCUSDT

Bitcoin Price Retests Bullish Channel At $65,000, Analyst Reveals What’s Next

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Crypto analyst MMBT Trader has revealed that the Bitcoin price is retesting a bullish channel at the $65,000 price level. He further mentioned what market participants should expect if the flagship crypto holds above or breaks below this bullish channel.  Bitcoin Price Retesting $65,000 And What Could Come Next MMBT Trader mentioned in a TradingView… Continue reading Bitcoin Price Retests Bullish Channel At $65,000, Analyst Reveals What’s Next→

Number Of Bitcoin Bulls Increases As Funding Rate Shows Steady Growth – Details

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Bitcoin has rebounded strongly from the $65,000 mark after a 6% dip from Monday’s high of around $69,500. Despite the recent pullback, BTC remains in a bullish trend that has been in place since early September. This rebound shows resilience, helping maintain the bullish market structure.  Key data from CryptoQuant reveals that the average funding… Continue reading Number Of Bitcoin Bulls Increases As Funding Rate Shows Steady Growth – Details→

Market Expert Predicts Bitcoin Could Reach $100,000 Within 90 Days

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Despite the Bitcoin price consolidating between $65,000 and $68,000 over the past few days, analysts are increasingly optimistic about the potential for upward movement and new all-time highs for the largest cryptocurrency on the market in the coming months.  Bitcoin Surge Regardless Of US Election Outcome In a recent social media post on X (formerly… Continue reading Market Expert Predicts Bitcoin Could Reach $100,000 Within 90 Days→

Bitcoin Whale Numbers Return To January 2021 Bull Market Levels, Is A New ATH Coming?

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Recent on-chain data has revealed a new milestone for Bitcoin whales, i.e., addresses holding at least 1,000 BTC. Notably, the data for Bitcoin whales shows the number of addresses in this category is now at its highest point since the January 2021 bull market levels.  With Bitcoin still trading close to its all-time high, this… Continue reading Bitcoin Whale Numbers Return To January 2021 Bull Market Levels, Is A New ATH Coming?→

Bitcoin MACD Turns Bullish Since 2023: Predictions Of Cycle Top And Next Bear Market Bottom

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As Bitcoin (BTC) experiences a minor correction, trading below the critical $66,000 support level after several unsuccessful attempts to breach the $70,000 mark, analysts observe significant technical indicators that may signal future price recoveries.  Notably, BTC’s weekly Moving Average Convergence Divergence (MACD) has turned bullish for the first time since October 2023. This shift in… Continue reading Bitcoin MACD Turns Bullish Since 2023: Predictions Of Cycle Top And Next Bear Market Bottom→

Bitcoin’s Network Fundamentals Turn Bullish—Here Are The Details

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Amid the ongoing Bitcoin price correction after attempting to reclaim $70,000 on Monday, a CryptoQuant analyst known as Mac.D has highlighted key shifts in the asset’s network fundamentals. This key shift in Bitcoin’s network fundamentals includes the rise in Bitcoin’s hashrate, which has surged to an all-time high, marking a significant milestone for the network.… Continue reading Bitcoin’s Network Fundamentals Turn Bullish—Here Are The Details→

Bitcoin’s Current Decline Could Be Temporary—Key Signs of A Rally Revealed

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Bitcoin (BTC) has seen a slight price decline recently, but according to a new analysis, there could still be signs of a potential short-term uptrend. A CryptoQuant analyst, Yonsei Dent, shared his insights on the CryptoQuant QuickTake platform, focusing on the Coinbase Premium Index and its impact on Bitcoin’s price movement. Key Indicators For Bitcoin… Continue reading Bitcoin’s Current Decline Could Be Temporary—Key Signs of A Rally Revealed→

Bitcoin Bears Lose Control As BTC Net-Taker Volume Shifts Positive

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Bitcoin has been on an impressive surge since early September, rising by 31% from local lows around $53,000. However, after testing the $69,500 supply level, the cryptocurrency faces selling pressure. Despite this, Bitcoin remains strong, holding above the previous high of around $66,000, a crucial level determining its next move. Key data from CryptoQuant reveals… Continue reading Bitcoin Bears Lose Control As BTC Net-Taker Volume Shifts Positive→

Bitcoin Retail Demand Rises 13% In 1 Month: Time For Q4 2024 Rally?

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After four months of declining transaction volumes from retail investors, Bitcoin (BTC) retail on-chain activity shows signs of resurgence. Will Bitcoin Benefit From Rising Retail Participation? According to a recent analysis by on-chain analytics platform CryptoQuant, BTC transactions worth less than $10,000 are rising, reflecting a shift in the market’s sentiment from risk-averse to risk-on.… Continue reading Bitcoin Retail Demand Rises 13% In 1 Month: Time For Q4 2024 Rally?→

Bitcoin Options Traders Set Sights On $80,000 By November-End, Regardless Of US Election Outcome

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As the US presidential election approaches, the crypto community is buzzing with speculation regarding how the outcome will affect the Bitcoin price.  With just 15 days until the election between former President Donald Trump and Vice President Kamala Harris, options traders are increasingly optimistic about a new all-time high for Bitcoin, regardless of who wins… Continue reading Bitcoin Options Traders Set Sights On $80,000 By November-End, Regardless Of US Election Outcome→