Tag Archives: cryptoquant

On-Chain Data Suggests Bitcoin Price Trend Reversal Is Yet To Occur — What’s Happening?

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The price of Bitcoin (BTC) ended the week on a good note after making a late rally on Friday, September 13. This recent price upswing has led to talks about the Bitcoin price making a comeback following a horrendous start to September. Interestingly, the latest on-chain data suggests that the ongoing price recovery might not… Continue reading On-Chain Data Suggests Bitcoin Price Trend Reversal Is Yet To Occur — What’s Happening?→

112,000 ETH Moved To Crypto Exchanges In The Past Day — Impact On Ethereum Price?

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The Ethereum price has been one of the major talking points in the crypto space lately, having been under significant bearish pressure in recent weeks. However, the second-largest cryptocurrency seems to be on a recovery path following its first positive weekly performance in more than a month. Recent on-chain data shows that significant amounts of… Continue reading 112,000 ETH Moved To Crypto Exchanges In The Past Day — Impact On Ethereum Price?→

Ethereum To $4K Again? Analyst Predicts Bull Run As Key Metric Approaches Critical Level

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Ethereum appears to have now seen a notable shift in its major metric. Particularly, a recent CryptoQuant analyst, Burak Kesmeci report, highlighted the potential significance of Ethereum’s current funding rates. The analyst pointed out that similar patterns in the past have been followed by substantial price increases, suggesting that Ethereum might be on the verge… Continue reading Ethereum To $4K Again? Analyst Predicts Bull Run As Key Metric Approaches Critical Level→

Bitcoin’s Leverage Ratio Hits New High: What Does This Mean BTC?

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The Bitcoin derivatives market has reached a notable milestone, as the estimated leverage ratio for the asset has surged to its highest level of the year, latest data from CryptoQuant shows. This metric, which tracks the ratio of open interest to coin reserves on exchanges, signals increased leverage use among market participants. The growing trend… Continue reading Bitcoin’s Leverage Ratio Hits New High: What Does This Mean BTC?→

Bitcoin’s Supply On Exchange Tightens: Could a New Bull Run Be Just Weeks Away?

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According to market signals that have historically preceded major price rallies, Bitcoin is gearing up for its next potential bull run. A CryptoQuant analyst named ‘Tarek’ has recently highlighted key indicators in a post on the CryptoQuant QuickTake platform, suggesting that Bitcoin’s price might soon experience a significant upward movement. These indicators include declining Bitcoin reserves on… Continue reading Bitcoin’s Supply On Exchange Tightens: Could a New Bull Run Be Just Weeks Away?→

Bitcoin Flashes On-Chain Signal That Triggered A 175% Rally The Last Time

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A crypto analyst has revealed that the price of Bitcoin might be gearing for a fresh rally after the appearance of a bullish on-chain signal. Bitcoin UTXOs In Profit At Lowest Level Since 2023 — Here’s Why In a QuickTake post on the CryptoQuant platform, an analyst with the pseudonym EgyHash shared an interesting on-chain… Continue reading Bitcoin Flashes On-Chain Signal That Triggered A 175% Rally The Last Time→

Why Has Bitcoin Been Bearish Lately? CryptoQuant Head Chimes In

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Bitcoin has continued its bearish momentum as its price has now slipped below $56,000. Here’s what could be behind this trajectory, according to CryptoQuant’s Head of Research. Bitcoin On-Chain Metrics Are All Giving Bearish Signals Right Now In a newstruggling recently. “Bitcoin price is down simply because there is no demand growth,” notes the analyst.… Continue reading Why Has Bitcoin Been Bearish Lately? CryptoQuant Head Chimes In→

Will Bitcoin Repeat History? Analyst Sees This 2019 Pattern In Current Market

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Following its renewed peak above $73,000 back in March, Bitcoin has been experiencing a prolonged period of price stagnation ever since, leaving many investors wondering about the potential for future movements. According to a recent analysis by a CryptoQuant analyst under the pseudonym ‘Avocado,’ this stagnation may bear a resemblance to a similar pattern observed… Continue reading Will Bitcoin Repeat History? Analyst Sees This 2019 Pattern In Current Market→

Bitcoin In ‘Neutral’ Zone: What This Means, According To Analyst

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Bitcoin, the crypto market leader and largest digital asset, currently trades at $58,877 following a rather negligent price movement in the last day. According to data from CoinMarketCap, the premier cryptocurrency saw more lows than highs in August, resulting in an 8.46% decline over the month. As September begins, a CryptoQuant analyst with the username… Continue reading Bitcoin In ‘Neutral’ Zone: What This Means, According To Analyst→

Bitcoin Hash Price Hits New Low — Is It Time To Buy?

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The price of Bitcoin failed to capitalize on its recent momentum over the past week, losing its hold above $60,000 yet again in August. As of this writing, the premier cryptocurrency is valued at $59,131, with no significant price change in the past day. Interestingly, the Bitcoin price appears to be nearing a bottom and… Continue reading Bitcoin Hash Price Hits New Low — Is It Time To Buy?→