Bitcoin short-term indicators show potential bullish opportunities, the 30-day MVRV ratio remains negative, and increasing mean coin age suggests wide accumulation. Despite the $55k liquidation cluster remaining untested and current…
Browsing: Bitcoin price analysis
Recent bearish market conditions have significantly reduced bullish sentiment surrounding Bitcoin, with notable declines in positive remarks across social media platforms, potentially signaling a market bottom. Also, Bitcoin miner withdrawals…
Despite Bitcoin’s recent price drop to $63,600 and ongoing bearish conditions, the derivatives market shows strong buying interest at dips, with a notable increase in call option purchases on Deribit.…
Recent research from Glassnode highlights that the majority of BTC investors remain profitable, with over 87% of the circulating supply held in profit. Glassnode’s analysis using the market value to…
Bernstein analysts have raised their Bitcoin price prediction from $150,000 to $200,000 by the end of 2025, driven by increased demand through ETFs and a reduced supply due to Bitcoin…
Bitcoin surges beyond $71,000, marking its fifth consecutive day of gains, amid expectations of potential Federal Reserve interest rate cuts. Fidelity’s Bitcoin ETF witnesses remarkable growth, accumulating nearly $600 million…
While uncertainty surrounds the direction of Bitcoin and Ethereum prices, fundamental factors such as ETFs, halving events, macro conditions, etc. provide confidence for bullish trends ahead. Technical indicators like the…
Analyst Rekt Capital identifies Bitcoin’s position in the final stage of the halving retrace, indicating an imminent uptrend resumption. The cryptocurrency’s current re-accumulation phase and whale accumulation activities further bolster…
Bitcoin (BTC) continues to consolidate around $66,500, maintaining pressure on crucial resistance levels as whales show signs of “buying the dip.” Despite short-term challenges highlighted by analyst Ali Martinez, such…
Federal Reserve Chairman Powell emphasized the need for patience towards interest rate cuts creating a bearish sentiment around Bitcoin. Market analysts at Lizards Money highlight the impact of geopolitical tensions…
The impending Bitcoin halving event on April 20, 2024, adds another layer of uncertainty to the market as the BTC experiences a pre-halving retrace. Analysts like Ash Crypto predict that…
Grayscale’s Zach Pandl emphasizes that Bitcoin’s role as a store of value will endure amid persistent inflation and government overspending fueled by upcoming Bitcoin halving. Despite short-term challenges posed by…
The Bitcoin funding rates have reached a record-high level last seen during the bull run of April 2021, signaling caution for any rally ahead. On-chain analysis shows that despite widespread profit-taking…
Outflows from all nine Bitcoin ETFs on Tuesday amounted to $326 million, highlighting a notable shift in market sentiment, especially among institutional investors anticipating the FOMC decision. Bitcoin’s decline is…
Investors are awaiting the outcome of the FOMC meeting later this week with chances of rate cuts seeming null amid hot US CPI data. Bitcoin’s recent price volatility and trading…
Samson Mow forecasted a potential surge of around 1,264% from the current level over the coming months, anticipating a milestone of $1 million per Bitcoin either this year or the…
Bitcoin strongly sustaining above its all-time high could be the beginning of a new parabolic price rally going ahead. Analysts attribute the rally to the soaring demand for physically-backed ETFs amid…
Recent data indicates a significant liquidity injection into the crypto market, totaling $48.5 billion, marking the largest capital inflow in nearly 2.5 years. Investors are optimistic about BTC surpassing its…
Optimistic sentiment, institutional interest, and historical uptrends tied to Bitcoin’s halving event fuel the anticipation of surpassing its $69,000 all-time high in March. The soaring trading volumes of Bitcoin ETFs,…
Bitcoin’s attempt to breach the critical $53,000 mark faced strong resistance, indicating a phase of consolidation before any significant breakthrough. Glassnode data reveals a diminishing supply of Bitcoin held at…