Tag Archives: glassnode

Behind Bitcoin’s Surge Above $64,000: Here Are The Key Drivers of the Current Rally

Posted on by — No Comments ↓

Bitcoin price has rallied above the $64,000 mark. Glassnode, a market intelligence platform, has price movement to a significant easing of sell-side pressure, particularly from the German government. Exhaustion of Sell-Side Pressure According to the on-chain data provided by Glassnode, the recent uptick in Bitcoin’s price is largely due to what they describe as the… Continue reading Behind Bitcoin’s Surge Above $64,000: Here Are The Key Drivers of the Current Rally→

Is a Bitcoin Breakout Looming? Options Markets Signal Imminent Volatility Surge

Posted on by — No Comments ↓

QCP Capital has recently released a new market analysis offering could move next. These fresh insights particularly focus on the options market. Market Anticipates Movement: Analyzing Bitcoin Options The latest report from QCP Capital has identified an interesting pattern in the Bitcoin options market, highlighting a rise in front-end volatility specific to BTC. This increase… Continue reading Is a Bitcoin Breakout Looming? Options Markets Signal Imminent Volatility Surge→

Bitcoin Remains Bullish As New BTC Addresses Surge To New 2-Month Highs

Posted on by — No Comments ↓

June was much rougher for Bitcoin than many expected at the beginning of the month. This is because the price of Bitcoin virtually declined throughout the month, leaving many investors, especially short-term holders, disappointed. However, despite the price decline, on-chain data suggests that Bitcoin adoption is growing. New data shows the number of new Bitcoin… Continue reading Bitcoin Remains Bullish As New BTC Addresses Surge To New 2-Month Highs→

Why Is Bitcoin Stagnant Despite ETF Inflows? Report Answers

Posted on by — No Comments ↓

Glassnode has discussed in a new report the reasons behind Bitcoin moving sideways despite inflows into the spot exchange-traded funds (ETFs). Why Bitcoin Has Been Stagnant Despite Spot ETF Inflows In its latest weekly report, the analytics firm US spot ETFs have failed to make the price break its sideways trend. The spot ETFs, which… Continue reading Why Is Bitcoin Stagnant Despite ETF Inflows? Report Answers→

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

Posted on by — No Comments ↓

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?→

Crypto Expert Weighs In On ETH/BTC Pair’s Recent Decline

Posted on by — No Comments ↓

Amid turbulence surrounding the crypto market, popular founder and Chief Executive Officer (CEO) of Into The Cryptoverse Benjamin Cowen has taken the spotlight to shed his insights on the recent downtrend observed in the Ethereum/Bitcoin (ETH/BTC) pair. Cowen’s views examine the complex relationship between Ethereum and Bitcoin pricing and the potential for further downside risk.… Continue reading Crypto Expert Weighs In On ETH/BTC Pair’s Recent Decline→

Is A $72K Bitcoin Surge On The Horizon? Glassnode’s Latest Analysis Points To An Answer

Posted on by — No Comments ↓

Recent insights from Glassnode’s cofounders, shared under their X (formerly Twitter) account ‘Negentrophic’ have sparked interest in Bitcoin market dynamics, leading to a promising stabilization and possible price surge. Market Sentiments And EMA Trends With Bitcoin’s value recently wavering below the $70,000 mark, a detailed analysis from the cofounders suggests that a strong support level… Continue reading Is A $72K Bitcoin Surge On The Horizon? Glassnode’s Latest Analysis Points To An Answer→

‘More Upside Is Coming’: Crypto Market Set For 350% Growth, Predicts Glassnode Cofounders

Posted on by — No Comments ↓

Negentropic, the official X (formerly Twitter) account of Glassnode’s cofounders, has offered its own bullish sentiment for the crypto market. Glassnode Cofounders: There Would Be A Massive Growth Beyond Recent Corrections According to their analysis, the market, excluding the top 10 cryptocurrencies, known as “OTHERS,” is showing signs of a strong uptrend with the potential for… Continue reading ‘More Upside Is Coming’: Crypto Market Set For 350% Growth, Predicts Glassnode Cofounders→