Tag Archives: BTCUSDT

Bitcoin Demand Surge: Binance Buyers Take Charge As Coinbase Premium Falls

Posted on by — No Comments ↓

A recent analysis from a CryptoQuant analyst, known by the pseudonym ‘Avocado Onchain,’  has highlighted a notable development in the Bitcoin market. According to the analyst’s observations, the Coinbase Premium, which tracks the price difference between Bitcoin on Coinbase and Binance, has turned negative. This indicates that the price of Bitcoin is lower on Coinbase… Continue reading Bitcoin Demand Surge: Binance Buyers Take Charge As Coinbase Premium Falls→

Bitcoin Approaches $65,000: Is Now The Perfect Time To Buy?

Posted on by — No Comments ↓

As Bitcoin price valuation inches closer to the $65,000 mark, the asset has grabbed the attention of market analysts, with one recently highlighting a key indicator that now suggests a potential further recovery in BTC’s price. Particularly, according to a recent post on the CryptoQuant Quicktake platform by an analyst under the pseudonym ‘Darkfost,’ the… Continue reading Bitcoin Approaches $65,000: Is Now The Perfect Time To Buy?→

MicroStrategy’s Bitcoin Stash Exceeds 250,000 BTC Following Half-Billion Dollar Acquisition

Posted on by — No Comments ↓

Business intelligence firm MicroStrategy, led by Bitcoin (BTC) bull Michael Saylor, announced on Friday a successful $1.01 billion raise through the sale of convertible senior notes, a strategic move aimed at acquiring more BTC and redeeming higher-yielding securities. MicroStrategy Invests Additional $458 Million In BTC Of the funds raised, MicroStrategy allocated $458 million to purchase… Continue reading MicroStrategy’s Bitcoin Stash Exceeds 250,000 BTC Following Half-Billion Dollar Acquisition→

Here’s Why A Green September Close Is Important For The Bitcoin Price

Posted on by — No Comments ↓

Bitcoin is currently exhibiting bullish price action that has sparked optimism among crypto investors. The cryptocurrency recently broke above the psychological $60,000 price barrier after three weeks of acting as a dreaded resistance level. Since breaking past $60,000, Bitcoin has continued the run-up and has increased by 9.8% in the past seven days. Interestingly, the… Continue reading Here’s Why A Green September Close Is Important For The Bitcoin Price→

Will Bitcoin Break Through $70k? Short-Term Holders’ Buy Price Holds The Key

Posted on by — No Comments ↓

Recent CryptoQuant analysis suggests that short-term Bitcoin holders’ average buy price could be a key factor in predicting the leading crypto’s future movements. The focus is on holders who have had Bitcoin for months, with historical data indicating that their average buy price often serves as a critical support or resistance level. These short-term holders’ buy prices… Continue reading Will Bitcoin Break Through $70k? Short-Term Holders’ Buy Price Holds The Key→

Bitcoin Price Pushes Higher As The Bulls Set Sights on $65K

Posted on by — No Comments ↓

Bitcoin price gained pace above the $61,500 resistance. BTC even cleared the $63,300 level and is now consolidating gains above $62,500. Bitcoin is gaining pace above the $62,200 resistance zone. The price is trading above $62,500 and the 100 hourly Simple moving average. There is a major bullish trend line forming with support at $61,500… Continue reading Bitcoin Price Pushes Higher As The Bulls Set Sights on $65K→

Crypto Shorts Suffer $147 Million Squeeze As Bitcoin Returns Above $63,000

Posted on by — No Comments ↓

Data shows the cryptocurrency sector as a whole has witnessed a high amount of liquidations following the volatility Bitcoin and others have gone through. Bitcoin Has Recovered Back Above The $63,000 Level Following the news of the US Federal Reserve cutting back on interest rates, Bitcoin has responded positively, with its price breaking above the… Continue reading Crypto Shorts Suffer $147 Million Squeeze As Bitcoin Returns Above $63,000→

Bitcoin Price Rally Faces Key Resistance: Will Whale Shorts Trigger A Market Pullback?

Posted on by — No Comments ↓

As the broader cryptocurrency market experiences notable gains following the Federal Reserve’s rate cuts, Bitcoin (BTC) has reached a price of $63,670 on Thursday, marking substantial bullish momentum since late August. This surge has sparked increased interest from both retail traders and institutional players, leading to diverse positioning within the market. Divergence In Trader Strategies… Continue reading Bitcoin Price Rally Faces Key Resistance: Will Whale Shorts Trigger A Market Pullback?→

Bitcoin Reclaims $63,000 After US Fed Rate Cut, But Is This Rally For Real?

Posted on by — No Comments ↓

So far, Bitcoin has seen a mixture of bulls and bears just in the past day alone. Although bulls appear to be taking the lead given its current market performance, will this be sustainable? Before the US Federal Reserve announcement of the rate cuts, Bitcoin experienced a slight dip in its trading price. However, following… Continue reading Bitcoin Reclaims $63,000 After US Fed Rate Cut, But Is This Rally For Real?→

A Record $21.77 Billion In Bitcoin Shorts Will Be Liquidated Once BTC Breaks $70,500

Posted on by — No Comments ↓

Bitcoin is trending higher at spot rates, floating above $60,000 and confirming gains of September 13. From price action in the daily chart, buyers appear to be back in the picture. The confidence follows the United States Federal Reserve’s (Fed) decision to slash rates by 50 basis points on September 18. Over $21 Billion Of… Continue reading A Record $21.77 Billion In Bitcoin Shorts Will Be Liquidated Once BTC Breaks $70,500→