Bitcoin Shows Elevated Unrealized Profits Without Signs Of Panic Selling – New ATH Soon?
Having surged about 22.5% over the past 30 days, Bitcoin (BTC) has sparked concerns in the crypto market that its rally may be nearing exhaustion, with a potential price correction on the horizon. However, the latest on-chain data reveals that despite elevated unrealized profits, there are still no signs of increased selling pressure for the…
Bitcoin Breakout Narrative Explodes As Japan’s Bond Market Collapses
Japan’s government-bond complex, once the benchmark for low-yield stability, is cracking under the weight of its own arithmetic—and the fissures are sending tremors straight into the global debate about Bitcoin as a reserve asset. Thirty-year Japanese Government Bond (JGB) yields catapulted to 3.15% this week, eclipsing every prior high since the tenor’s 1999 debut. That…
Bitcoin Sees $3 Billion Daily Growth in Realized Cap Amid Ongoing Accumulation
The broader cryptocurrency market has been on an upward trajectory over the past few weeks, partly driven by improving global macroeconomic conditions. Recent policy shifts between the United States and China, two of the world’s largest economies, have helped fuel investor sentiment. Both countries have agreed to temporarily reduce tariffs: the US cut rates from…
Bitcoin All-Time High Propels It Past Amazon, Google To 5th Place Among Global Assets
On May 21, Bitcoin (BTC) achieved a remarkable milestone, reaching a new all-time high (ATH) near the $110,000 mark. This surge was fueled by significant buying pressure, elevating Bitcoin’s market capitalization to over $2.1 trillion. As a result, the market’s leading cryptocurrency has now positioned itself among the most valuable assets globally, ranking fifth in…
Bitcoin Weekly Closes Above Range High Despite Crash From $107,000, Why The Bulls Are Still In Charge
Bitcoin is currently trading around the $105,000 mark after a brief uptick to $107,000 in the past 24 hours. Notably, this marks the second time Bitcoin has rejected around $107,000 in the past few days. confidence in the continuation of the uptrend, and points to the bulls still in control of Bitcoin’s price action. Bitcoin…
Is Bitcoin Ready For New ATHs? What The Charts Say
An analyst has explained what some charts related to Bitcoin could say regarding whether the current run can lead to a new high or not. Bitcoin Momentum May Be Stalling According To These Signs In a new post on X, analyst Ali Martinez has talked about some technical analysis (TA) signs that could reveal if…
Bitcoin’s $10K Rhythm: Steady Climb Signals Strong Push To $115K
Bitcoin is showing signs of calm after a wild ride earlier this year. The top cryptocurrency dropped sharply from a high of $109,000 in January to a low of $74,600 by mid-April. That’s more than $34,000 wiped out in just a few months. But things have shifted since then. Bitcoin climbed back, gaining over 30%…
Bitcoin Rebound Signals Healthier Bull Market Without Overheating, Analyst Says
Unlike previous market rallies, the latest rebound in Bitcoin (BTC) – pushing it from a potential cycle low of $74,508 on April 6 to slightly above $100,000 at the time of writing – is characterized by healthier price movement. Current Bitcoin Rally Not Showing Signs Of Overheating According to a recent CryptoQuant Quicktakes post by…
Bitcoin At $103,000 Relatively Cool Per This Indicator, Quant Says
A quant has pointed out how the Mayer Multiple could suggest Bitcoin is still not overheated at $103,000 when compared to past trend. Bitcoin Mayer Multiple Z-Score Is Still Under Its Mean In a Mayer Multiple” here refers to an indicator that keeps track of the ratio between the BTC spot price and its 200-day…
Bitcoin’s Fate May Be Sealed On June 9, Analyst Warns
Bitcoin spent the European trading hours changing hands near $103,000 after Sunday night’s failed attempt to clear $107,100. The pull-back has done little to dent the conviction of market technician Dr Cat (@DoctorCatX), who argues that the decisive battleground is still three weeks away: the weekly close of 9 June, when the Tenkan-sen is projected…