Tag Archives: cryptoquant

Bitcoin On The Brink: Will $60K Hold Or Is A Major Correction Coming?

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After briefly rising above $63,000 in recent days, renewing investor’s hope on “uptober,” Bitcoin has once again dampened this excitement by decreasing to as low as the $60,000 region today. This unappealing performance has led to a CryptoQuant analyst, Aytekin, raising and sharing insight on an important question: “Is it reasonable to expect a final… Continue reading Bitcoin On The Brink: Will $60K Hold Or Is A Major Correction Coming?→

Bitcoin’s Non-Realized Profits Hit Negative Levels—What Does This Mean for Investors?

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As Bitcoin is currently still struggling to reclaim major highs, a recent analysis of its fundamentals has highlighted a possible buying opportunity for Bitcoin based on insights from the Non-Realized Profit metric. A CryptoQuant analyst known as Darkfost highlighted this metric’s importance in a recent post on the CryptoQuant QuickTake platform, mentioning what its trend… Continue reading Bitcoin’s Non-Realized Profits Hit Negative Levels—What Does This Mean for Investors?→

Short-Term Bitcoin Holders Panic Sell: Here’s Why It Might Be Great News For BTC

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Amid the Bitcoin gradual recovery in price, the asset seems to have been experiencing an interesting market trend lately, suggesting a shift in its supply distribution. According to a CryptoQuant analyst, who goes by the pseudonym ‘IT Tech,’ BTC’s recent price fluctuations have led to short-term holders (STHs), labeled as “weak hands,” exiting the market,… Continue reading Short-Term Bitcoin Holders Panic Sell: Here’s Why It Might Be Great News For BTC→

Bitcoin’s NVT Cross Signals a Local Top – Is a Major Correction Looming?

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Bitcoin has been experiencing some interesting developments in its market indicators, and a recent analysis points to the NVT (Network Value to Transactions) Golden Cross signaling a potential short-term local top. According to a CryptoQuant analyst known as Darkfost, the NVT Golden Cross—a key metric used to determine market valuation relative to transaction volume—has reached… Continue reading Bitcoin’s NVT Cross Signals a Local Top – Is a Major Correction Looming?→

Is Bitcoin On The Brink Of A Reversal? Here’s What This Key Indicator Suggests

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Recently, a CryptoQuant analyst using the pseudonym “datascope” provided insight into the relationship between Bitcoin price and the Long/Short Volume to Open Interest Ratio. According to the analyst, this ratio is a key metric for understanding market behavior and investor sentiment, making it a valuable tool for predicting potential price trends. The Long/Short Ratio And… Continue reading Is Bitcoin On The Brink Of A Reversal? Here’s What This Key Indicator Suggests→

Is Bitcoin Gearing Up For A Bigger Rally? Here’s What On-Chain Data Reveals

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Bitcoin has seen an uptick in price enough to recover from the losses in value from August. So far, the asset has surged by nearly 10% in the past two weeks alone, registering a 24-hour high of $66,000 earlier today, although BTC has now seen a slight retracement, currently trading at $63,508. Amid this price… Continue reading Is Bitcoin Gearing Up For A Bigger Rally? Here’s What On-Chain Data Reveals→

Ethereum Faces Network Shakeup: These Key Trends Point to Market Shifts

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Ethereum, the second-largest cryptocurrency by market cap, has recently shown signs of a shifting market sentiment and momentum, according to an analysis by a CryptoQuant analyst named Percival. The analyst disclosed that various market conditions and technological developments have impacted Ethereum’s momentum and have led to mixed views on its future growth trajectory. Ethereum’s Market… Continue reading Ethereum Faces Network Shakeup: These Key Trends Point to Market Shifts→

Ethereum Taker Buy/Sell Ratio Is Rising Again — What It Means For ETH Price

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The Ethereum price recovery has been quite impressive in recent weeks, and an analyst has suggested that this might only be the beginning of a good run for the altcoin. Is The Ethereum Market Preparing For A Rally? A pseudonymous analyst has shared — via a CryptoQuant Quicktake post — an interesting on-chain insight into… Continue reading Ethereum Taker Buy/Sell Ratio Is Rising Again — What It Means For ETH Price→

Analyst Backs Bitcoin Hitting $290,000 In Bull Run – Here’s Why

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In what has been an “unusual” September, Bitcoin (BTC) has now recorded another positive weekly performance.  According to data from CoinMarketCap, the maiden cryptocurrency surged by 5.07% in the last seven days, moving its cumulative gain in this month to 11.30%. Interestingly, with Bitcoin halving since gone, analysts remain highly expectant of the traditional market… Continue reading Analyst Backs Bitcoin Hitting $290,000 In Bull Run – Here’s Why→

Here Is Why The Bitcoin Bull Run Hasn’t Started, According To Analyst

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The Bitcoin community have been eagerly awaiting the start of a new bull market especially following the recent halving that occurred in April, however, according to a latest analysis from a CryptoQuant analyst under the pseudonym Onchained, that moment has not yet arrived and there is a reason. In the post uploaded on the CryptoQuant… Continue reading Here Is Why The Bitcoin Bull Run Hasn’t Started, According To Analyst→