Tag Archives: cryptoquant

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

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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?→

$2.5 Billion In Bitcoin Flows Out Of Centralized Exchanges – Time To Buy?

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Investor confidence appears to be on the rise in the crypto market lately, and Bitcoin has been a major beneficiary of this positive trend. Consequently, there has been a continuous accumulation of BTC amongst large-scale investors despite its somewhat frustrating price action. The premier cryptocurrency’s price may have ended May beneath the psychological $70,000 mark,… Continue reading $2.5 Billion In Bitcoin Flows Out Of Centralized Exchanges – Time To Buy?→

Bitcoin Whales’ Buying Appetite Returns, On-Chain Data Shows

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The Bitcoin price has cooled off after surging to as high as $71,000 on the back of the Ethereum ETF approval news last week. Not long after the price spike, the premier cryptocurrency witnessed a correction to $67,000 and appears to be back in a consolidation range. Interestingly, Bitcoin whales seem to be awakening from… Continue reading Bitcoin Whales’ Buying Appetite Returns, On-Chain Data Shows→

Why Did Bitcoin Just Jump 10%? Blockchain Firm Weighs In

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The cryptocurrency market has been on a hot streak in the past few days, with several large-cap assets posting significant gains in the past week. Most notably, the Bitcoin price bounced back from around $61,000 to above $67,000 for the first time in nearly a month. As expected, this latest price movement has sparked a… Continue reading Why Did Bitcoin Just Jump 10%? Blockchain Firm Weighs In→

CryptoQuant CEO Predicts Where Bitcoin Price Is Headed, Is $265,000 Too Ambitious?

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Ki Young Ju, CEO of cryptocurrency analysis firm CryptoQuant, has given an ultra-bullish prediction for Bitcoin. The crypto founder alluded to certain factors that could spark the flagship crypto’s rise to such heights.  Bitcoin Could Rise To As High As $265,000 Young Ju mentioned in an X (formerly Twitter) post that “Bitcoin’s network fundamentals could… Continue reading CryptoQuant CEO Predicts Where Bitcoin Price Is Headed, Is $265,000 Too Ambitious?→

Bitcoin Network Fundamentals Could Sustain $265,000 Price, CryptoQuant CEO Explains

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The CEO of analytics firm CryptoQuant has explained how the Bitcoin network fundamentals could support a market cap three times the current size. Bitcoin Hashrate/Market Cap Ratio Could Reveal Ceiling For Cycle In a new post on X, CryptoQuant founder and CEO Ki Young Ju has talked about what the network fundamentals could reveal about… Continue reading Bitcoin Network Fundamentals Could Sustain $265,000 Price, CryptoQuant CEO Explains→

Bitcoin Trader Selling Pressure Declining, CryptoQuant Head Explains Why

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The head of research at the on-chain analytics firm CryptoQuant has explained why selling pressure from Bitcoin traders may be declining. Bitcoin Short-Term Holder Realized Price Has Risen To $60,000 In a new short-term holders” (STHs) refer to the Bitcoin investors who have been holding onto their coins since less than 155 days ago. The… Continue reading Bitcoin Trader Selling Pressure Declining, CryptoQuant Head Explains Why→

Bitcoin Could Drop To $52,000 If Price Breaks Below This Mark – CryptoQuant

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Amidst the ongoing fluctuations in the cryptocurrency market, the price of Bitcoin has surged by 1.7% in the past 24 hours, hovering above the $62,000 mark. However, recent warnings from CryptoQuant, a leading crypto analytics platform, suggest that Bitcoin could face a significant downturn to $52,000 if specific key levels are violated. This cautionary note… Continue reading Bitcoin Could Drop To $52,000 If Price Breaks Below This Mark – CryptoQuant→