Bitcoin Losses Surge To 3x Profits — Could Relief Be Near?
The Bitcoin market appears to be riddled with an increasing amount of sell-side pressure, as its recent price action reveals bears’ dominance. Interestingly, another on-chain evaluation suggests that the current market movement may be a direct effect of rising panic-induced sales. $1.7B Realized Losses Vs $605M Realized Gains In a Quicktake post on the CryptoQuant…
Bitcoin Market Profitability Hits ‘Complete Reset’ — What’s Next For Price?
Following a fresh wave of bearish pressure on Friday, December 5, the price of Bitcoin has struggled beneath the psychological 90,000 level for much of the weekend. However, the latest on-chain data suggests that the premier cryptocurrency might be readying for its next healthy upward move. BTC SOPR Drops To Lowest Level Since Early 2024…
Altcoins Struggle, But Technical Analysis Says A Major Opportunity Is Forming
The latest market conditions have pushed hopes of an altcoin season even further out of reach. Bitcoin continues to dominate the market with a 59.6% share, and its recent struggle to hold bullish momentum has not translated into any meaningful boost for altcoins. Broader sentiment has weakened as well, with the CMC Altcoin Season Index…
Bitcoin Market Records 21% Crash In November Trading Volume – What This Means For Price
Bitcoin’s (BTC) ongoing price correction has been accompanied by several other negative developments that continue to grab investors’ attention. Most recently, market analyst Darkfost has observed a significant crash in Bitcoin spot trading volume, while highlighting potential long-term implications of such an event. Binance Records $40B Loss In BTC Monthly Spot Trading The spot trading…
Dogecoin’s Dozen Years: King Of Meme Coins Marks 12th Birthday In Rough Markets
Dogecoin has just celebrated its 12th anniversary, a milestone that arrives during a period of shaky price action. The meme coin has spent the majority of recent days trading with a bearish tone, but its anniversary places into perspective how much the crypto environment has changed since the token’s joke-related launch in 2013. The celebration…
Altcoin Rally Alert: 4 Bullish Signals To Watch Out For – Analyst
Prominent market analyst Michael Van de Poppe has shared four market conditions that would confirm an altcoin market rally. Meanwhile, the cryptocurrency market continues to experience a widespread correction, weighing down the price growth of several assets. Ethereum Outperforms Bitcoin: A Positive Sign For Altcoins? Ethereum has shown more resilience in the last month than…
Bitcoin Aims Higher as Bulls Regain Strength and Push for Resistance Break
Bitcoin price started a fresh increase above $90,500. BTC is now consolidating gains and might attempt an upside break above $91,650. Bitcoin started a fresh increase above the $90,500 zone. The price is trading above $91,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance…
Ethereum Price Targets Upside Break as Buyers Tighten Grip on Trend
Ethereum price started a fresh increase above $3,000. ETH is now consolidating gains and might aim for more gains above $3,150. Ethereum started a fresh increase above the $3,000 and $3,020 levels. The price is trading above $3,050 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at…
XRP Price Struggles at Resistance With Signals Hinting at a Possible New Decline
XRP price started a recovery wave above $2.050. The price is now showing positive signs but might struggle to clear the $2.10 resistance. XRP price started a recovery wave above the $2.050 zone. The price is now trading above $2.060 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with…
Solana (SOL) Recovery Momentum Hinges on Price Closing Firmly Above $140
Solana started a recovery wave above the $132 zone. SOL price is now consolidating and faces hurdles near the $138 zone. SOL price started a decent recovery wave above $130 and $132 against the US Dollar. The price is now trading below $138 and the 100-hourly simple moving average. There was a break above a…