Bitcoin Price To Return Above $63,000? Here’s What Needs To Happen

The Bitcoin price has shown good signs of recovery over the past seven days, returning above $58,000 to end the week. Interestingly, a prominent crypto analyst on X has identified a chart formation signaling a potential continuation of this resurgence by the premier cryptocurrency. Bitcoin Price Prints This Chart Pattern — What Next? In a… Continue reading Bitcoin Price To Return Above $63,000? Here’s What Needs To Happen

14,000 BTC Transferred To Exchanges In Four Days – Worrying Trend For Bitcoin Price?

Recent on-chain data shows that substantial amounts of Bitcoin have made their way to centralized exchanges in the last few days. How could this impact the Bitcoin price? Bitcoin Price To Face Further Selling Pressure? In a new post on the X platform, prominent crypto analyst Ali Martinez revealed that Bitcoin investors have been transferring… Continue reading 14,000 BTC Transferred To Exchanges In Four Days – Worrying Trend For Bitcoin Price?

Is The Bitcoin Price Correction Over? Here’s The Support Level To Watch

The Bitcoin price suffered significant bearish pressure over the past week, dragging down alongside it a large portion of the general crypto market. The premier cryptocurrency tumbled as low as $59,500 at some point in the week — its lowest in nearly two months. While investors will be hoping that the worst is over, it… Continue reading Is The Bitcoin Price Correction Over? Here’s The Support Level To Watch

Blockchain Firm Says Bitcoin Price Might Be Headed For $60,000 – Here’s Why

The Bitcoin price performance over the past week failed to bring glory to the crypto market, as the leading cryptocurrency struggled once again. This trend was mirrored across almost all large-cap assets, many of which experienced significant losses. Unfortunately, recent price action data suggests that the Bitcoin price is not safe yet, as there is… Continue reading Blockchain Firm Says Bitcoin Price Might Be Headed For $60,000 – Here’s Why

Is Bitcoin’s Rally Over? New Insights from CryptoQuant Predict a Market Downturn

According to the latest price correction is based on major Bitcoin metrics such as the Adjusted Spent Output Profit Ratio (ASOPR), signaling a notable implication for Bitcoin’s trajectory. Understanding ASOPR’s Role In Predicting BTC Corrections The ASOPR, a key indicator in the crypto market, measures the profit ratio of spent outputs by comparing the value… Continue reading Is Bitcoin’s Rally Over? New Insights from CryptoQuant Predict a Market Downturn

Bitcoin Could Crash To $60,000 If This Support Gets Lost: CryptoQuant Head

On-chain data shows Bitcoin is approaching the “Realized Price” of the short-term holders, a retest of which has historically been important for BTC. Bitcoin Is Close To Seeing A Retest Of Short-Term Holder Cost Basis In a new post on X, CryptoQuant Head of Research Julio Moreno has discussed how BTC has recently been near… Continue reading Bitcoin Could Crash To $60,000 If This Support Gets Lost: CryptoQuant Head

Unveiling Bitcoin’s Drop To $65,000: Here’s How Much BTC Miners Sold

Bitcoin has faced a significant amount of selling pressure over the past week, according to the latest on-chain data. Expectedly, this bearish pressure has had a notable impact on the price of the premier cryptocurrency. According to data from CoinGecko, the value of Bitcoin has declined by nearly 5% in the past seven days. On… Continue reading Unveiling Bitcoin’s Drop To $65,000: Here’s How Much BTC Miners Sold

Bitcoin & Ethereum On “Path To Acceleration,” CryptoQuant Explains Why

The on-chain analytics firm CryptoQuant has explained why Bitcoin and Ethereum have recently appeared to be on a path towards acceleration. Bitcoin & Ethereum Are Looking Bullish In On-Chain Metrics In a new thread on X, the official CryptoQuant handle discussed how some important on-chain indicators are looking for Bitcoin and Ethereum right now. The… Continue reading Bitcoin & Ethereum On “Path To Acceleration,” CryptoQuant Explains Why

Bitcoin Not ‘Overvalued’ Yet, Says CryptoQuant CEO: Here’s Why

The CEO of the on-chain analytics firm CryptoQuant explained that Bitcoin’s price isn’t currently overvalued based on its network fundamentals. Bitcoin Price May Not Be Overvalued Yet Based On Thermo Cap Ratio In a new Thermo Cap” is a capitalization model for BTC that calculates the total value of the asset by taking each token’s… Continue reading Bitcoin Not ‘Overvalued’ Yet, Says CryptoQuant CEO: Here’s Why

Bitcoin In ‘Euphoria Wave’ – How Long Until The Bull Run Ends?

The price of Bitcoin appears to have returned to a choppy market condition, quashing any hopes of a breakout to new highs soon. However, the good news is that the current bull cycle may still not be over, even though it is taking a while for the premier cryptocurrency to resume its upward momentum. Specifically,… Continue reading Bitcoin In ‘Euphoria Wave’ – How Long Until The Bull Run Ends?