Tag Archives: cryptoquant

Ethereum’s Futures Market Points To Potential Breakout—Here’s What You Need To Know

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Ethereum, the second-largest cryptocurrency by market capitalization, is signaling a potential price recovery based on recent data from its perpetual futures market. According to a CryptoQuant analyst named Shayan, Ethereum’s futures market has noticed a notable shift that could indicate an upcoming price surge. The key to this analysis lies in the 30-day moving average… Continue reading Ethereum’s Futures Market Points To Potential Breakout—Here’s What You Need To Know→

Bitcoin Held For Years Are Now On The Move, Is This A Signal For Caution?

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Recently, a significant movement of older Bitcoin holdings has been observed on the network, sparking discussions about potential selling pressure in the market. This activity, as shown in data by the on-chain analytics platform CryptoQuant, has led to analysts advising “extreme caution” in the face of this development. Old Bitcoin On The Move: A Signal for Caution?… Continue reading Bitcoin Held For Years Are Now On The Move, Is This A Signal For Caution?→

Bitcoin’s Puell Multiple Dips Into Bullish Territory: Is A Breakout Coming?

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The Bitcoin Puell Multiple, a key on-chain metric used to assess the profitability of Bitcoin miners, is currently signaling a potential bullish reversal for the leading cryptocurrency. According to a CryptoQuant analyst under the pseudonym Darkfost, this metric has recently dipped into the “green zone,” a signal historically associated with upward price movements for Bitcoin.… Continue reading Bitcoin’s Puell Multiple Dips Into Bullish Territory: Is A Breakout Coming?→

Analyst Warns Of Short Squeeze as Bitcoin Futures Market Heats Up

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The Bitcoin futures market is seeing a rise in leverage, which may signal an impending short squeeze that could lead to a bullish rally, according to a recent report by a CryptoQuant analyst, known as Percival. Percival insights shared earlier today on the QuickTake platform detailed the current state of Bitcoin leverage and the potential… Continue reading Analyst Warns Of Short Squeeze as Bitcoin Futures Market Heats Up→

Bitcoin Set for Major Bull Run? These 3 On-Chain Metrics Signal A Turning Point

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Recent data from CryptoQuant has revealed that Bitcoin may be on the cusp of a significant recovery, supported by key on-chain metrics. Particularly, according to a CryptoQuant analyst under the pseudonym Darkfost, several indicators are reaching crucial support levels, signaling a “potential long-term bullish shift.” These metrics suggest that Bitcoin’s price could experience substantial growth… Continue reading Bitcoin Set for Major Bull Run? These 3 On-Chain Metrics Signal A Turning Point→

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

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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?

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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?→

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

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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→

Crypto Analyst Reveals Key Insights into Bitcoin’s Bull-Bear Transition Phase

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Bitcoin has long been characterized by its cycles of bull and bear markets, each marked by the trajectory of its price movements. However, the crypto appears to be in a transitional phase, according to a CryptoQuant analyst under the pseudonym CryptoHell. CryptoHell has recently shared insights into Bitcoin’s current market cycle, providing investors with key… Continue reading Crypto Analyst Reveals Key Insights into Bitcoin’s Bull-Bear Transition Phase→

Bearish Signal For Ethereum: Funding Rates Hit New 2024 Lows—Is A Rally Still Possible?

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Ethereum, the second-largest cryptocurrency by market capitalization, is experiencing increasing bearish sentiment in its futures market, according to a recent analysis by CryptoQuant analyst ShayanBTC. The analyst reported on the CryptoQuant QuickTake platform that Ethereum’s futures market has shown its lowest funding rates of 2024. This trend indicates that traders in the perpetual futures market… Continue reading Bearish Signal For Ethereum: Funding Rates Hit New 2024 Lows—Is A Rally Still Possible?→