Tag Archives: digital asset

Bitcoin Sharpe-Like Ratio Shows Market In Wait-and-See Mode At $119,000

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As Bitcoin (BTC) steadily makes its way toward its current all-time high (ATH) of $124,128, optimism seems to be returning to the market. However, fresh data from Binance shows that BTC’s gains barely outweigh the risks posed by the digital asset’s volatility. Bitcoin Maintaining A Risk-Reward Balance According to a CryptoQuant Quicktake post by contributor… Continue reading Bitcoin Sharpe-Like Ratio Shows Market In Wait-and-See Mode At $119,000→

Bitcoin Momentum Indicator: Why 600,000 Transactions Threshold Matters Most

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As Bitcoin (BTC) continues to trade in the low $110,000 range, a key on-chain indicator has flipped bullish, show signs of an upcoming price rally that could propel the top digital asset to new all-time highs (ATH) in the near term.  Bitcoin’s 600,000 Transactions Threshold Takes Center Stage According to a CryptoQuant Quicktake post by… Continue reading Bitcoin Momentum Indicator: Why 600,000 Transactions Threshold Matters Most→

Bitcoin Funding Dynamics Shift As Binance Premium Signals Aggressive Longs

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As Bitcoin (BTC) continues to remain range-bound between $110,000 – $115,000, data from crypto exchanges seems divided toward the leading cryptocurrency. While Binance traders are exhibiting a bullish stance, traders from other exchanges are still showing a degree of hesitation. Binance Traders Expecting Bitcoin Price Surge According to a CryptoQuant Quicktake post by contributor Crazzyblockk,… Continue reading Bitcoin Funding Dynamics Shift As Binance Premium Signals Aggressive Longs→

Bitcoin Faces Bearish Pressure As Exchange Inflows Stay Elevated – Will BTC Lose $112,000 Support?

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According to data from Coinglass, the crypto market saw liquidations worth more than $1.6 billion over the past 24 hours, with the majority of them being long positions. Elevated exchange inflows threaten to crash Bitcoin (BTC) further below the important support level at $112,000. Bitcoin Tumbles, Will It Lose $112,000? Bitcoin fell from around $116,000… Continue reading Bitcoin Faces Bearish Pressure As Exchange Inflows Stay Elevated – Will BTC Lose $112,000 Support?→

Bitcoin Exchange Supply Ratio Declines After Fed Cut, Setting Stage For $120,000 Test

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Earlier this week, the US Federal Reserve (Fed) cut interest rates by 25 basis points, providing the much-required impetus to the economy after a cycle of raising interest rates to keep inflation under check. A cut in interest rates is likely to benefit risk-on assets, including Bitcoin (BTC). Fed Cuts Interest Rate, Bitcoin Supply Ratio… Continue reading Bitcoin Exchange Supply Ratio Declines After Fed Cut, Setting Stage For $120,000 Test→

Bitcoin Breaks Above Mid-Term Holder Breakeven – Is A Fresh Rally Brewing?

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Bitcoin (BTC) has surged from around $108,000 on September 1 to above $115,000 at the time of writing – recording a gain of roughly 4% over the past two weeks. However, fresh on-chain data suggests that Bitcoin may be on the cusp of a fresh rally that could propel it to new all-time highs (ATH).… Continue reading Bitcoin Breaks Above Mid-Term Holder Breakeven – Is A Fresh Rally Brewing?→

Ethereum Marches Upward Without Leverage Overheating – Sign Of Structural Health?

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As Ethereum (ETH) trades slightly above $4,300, some crypto analysts opine that the cryptocurrency’s current trend shows enough structural health. However, they also caution that a lack of funding rates across exchanges means low demand for ETH, which may limit its breakout momentum. Ethereum’s Latest Rally Shows Structural Strength According to a CryptoQuant Quicktake post… Continue reading Ethereum Marches Upward Without Leverage Overheating – Sign Of Structural Health?→

Ethereum Outflows Drive Binance Supply Ratio Under 0.037, Signaling Bullish Setup

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After hitting its latest all-time high of $4,956 on August 23 on Binance, Ethereum (ETH) has been trading in a tight range – oscillating between $4,200 to $4,500 – giving little clues about its next potential direction. However, recent exchange data suggest that a supply crunch may be nearing for ETH. Ethereum Price Stable Amid… Continue reading Ethereum Outflows Drive Binance Supply Ratio Under 0.037, Signaling Bullish Setup→

Bitcoin Withdrawal Wave Points To Another Major Leg Up In The Bull Cycle, Analyst Says

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After hitting its latest all-time high (ATH) on August 14, Bitcoin (BTC) has been on a steady decline, trading just above the $110,000 level at the time of writing. While some analysts opine that the crypto bull run may be over, on-chain data suggests that there is at least one more major leg up ahead… Continue reading Bitcoin Withdrawal Wave Points To Another Major Leg Up In The Bull Cycle, Analyst Says→

Ethereum Eyes $5,500 Amid Illiquid Supply Crunch And ETF Momentum

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Following a rejection at $4,946 on August 24, Ethereum (ETH) is now trading in the low $4,000 level. However, some analysts are still hopeful that ETH is likely to surge beyond $5,000 in the coming weeks, thanks to its rising illiquid supply and positive exchange-traded fund (ETF) momentum. Ethereum To Hit $5,500 In September? According… Continue reading Ethereum Eyes $5,500 Amid Illiquid Supply Crunch And ETF Momentum→