Bitcoin Heat Macro Phase Signals Accumulation Before Next Growth Wave
Bitcoin continues to trade around the $110,000 level, unable to reclaim higher ground after weeks of volatile price action. The market is still digesting the impact of the October 10 flash crash, which erased billions in open interest and sent shockwaves across altcoins. Despite a gradual recovery in on-chain metrics and institutional inflows, sentiment remains…
Bitcoin Could Drop To $97,500 If This Key On-Chain Level Fails, Glassnode Warns
On-chain analytics firm Glassnode has explained how Bitcoin losing $108,500 could lead to a deeper correction, if the past pattern is to go by. Bitcoin Is At Risk Of Losing The 0.85 Quantile Level In its latest weekly report, analytics firm Glassnode has talked about how Bitcoin is currently looking from the perspective of the…
Standard Chartered Predicts Bitcoin Drop Below $100K Even as Global M2 Growth Turns Bullish
Global macro signals are flashing both warning and opportunity for Bitcoin (BTC). On one hand, major bank Standard Chartered PLC has flagged the potential for Bitcoin to dip below $100,000 in the near term. On the other hand, significant growth in global M2 money supply strengthens the backdrop for a longer-term upside. Short-Term Correction Predicted as Trade…
Bitcoin’s Next Bull Phase Could Be Near As BTC-Stablecoin Ratio Plummets
As Bitcoin (BTC) continues to trade in the high $100,000 range following the October 9 crypto market crash, some bullish signs are starting to emerge. Notably, stablecoin reserves on leading crypto exchanges like Binance are entering all-time high (ATH) territory, hinting at a potential rally for BTC. Stablecoin Reserves Rise – Will Bitcoin Benefit? According…
Bitcoin Cycle Top Still Not In, Suggests NVT Golden Cross
On-chain data shows the Bitcoin NVT Golden Cross has still not breached into the territory that marked the tops of previous cycles. 30-Day EMA Of Bitcoin NVT Golden Cross Is Still Below Overheated Zone As pointed out by an analyst in a CryptoQuant Quicktake Network Value to Transactions (NVT) Ratio is an on-chain indicator that…
Analyst Says 55% Chance Bitcoin Bull Run Isn’t Over Yet – Here’s Why
While Bitcoin (BTC) has declined more than 13% from its fresh all-time high (ATH) of $126,199 recorded earlier this month on October 6, CryptoQuant contributor PelinayPA is confident that there is a 55% chance that the BTC top for this market cycle is not in yet. Bitcoin Top Not In Yet – More Upside Ahead?…
Bitcoin Whale Goes Big — $255M Longs Opened Before Trump–China Summit
Bitcoin and Ethereum rose after US President Donald Trump confirmed a meeting with China’s leader during the APEC summit on October 31. Based on reports, Bitcoin climbed nearly 4% while Ethereum gained about 5% and traded around $4,030. The whole market added roughly $100 billion in value in a short window, according to market watchers.…
Bitcoin Enters ‘Disbelief Phase’ – Could Short Sellers Face The Next Squeeze?
After the massive crash on October 10 – which saw Bitcoin (BTC) touch $102,000 before recovering some losses – some analysts now predict that the top cryptocurrency may be on the verge of another bullish rally as it enters the ‘disbelief phase.’ Bitcoin In Disbelief Phase – Trouble For Bears? According to a CryptoQuant Quicktake…
Bear Market Alert: Top Expert Claims Bitcoin Price Fate Hangs On $101,700 Support Level
The Bitcoin price showed some signs of recovery at the start of the week, trading above the $110,000 mark. This uptick follows two consecutive Fridays of major drops, igniting fears and uncertainty among investors. These concerns have been compounded by predictions from experts about a potential bear market on the horizon. Looming Bear Market Threat…
Bitcoin Price Falls To $103,000: Is This The End Of The Bull Run Or A Prequel To The Next Surge?
On Friday, the Bitcoin price experienced another flash crash, dipping toward $103,000 from $109,300. While not as alarming as the sharp decline seen on October 10, this latest downturn has ignited fresh speculation regarding the cryptocurrency’s future trajectory. A Temporary Setback? Comparisons are being made to past market crash events, such as the COVID crash…