Bitcoin Exchange Reserves Fall To 2019 Levels As ETFs And Corporate Treasuries Accumulate
Bitcoin continues to trade below the $70,000 level as the broader crypto market navigates another period of heightened volatility. After several attempts to regain upward momentum, price action has remained unstable, reflecting ongoing uncertainty across global financial markets. Despite these short-term fluctuations, structural indicators suggest that bigger changes may be occurring beneath the surface of…
Saylor Reloads? Bitcoin Buy Signal Appears As BTC Nears $67K
Strategy, the company that has built its identity around hoarding Bitcoin, is now sitting on paper losses — and buying more anyway. The company’s average purchase price sits at roughly $75,985 per coin, well above where Bitcoin is trading today at around $66,850. That gap has pushed Strategy’s net asset value below 1, meaning the…
Bitcoin ETFs Bleed $349M In A Day As Whales Dump, Small Buyers Step In: Analysts
Spot Bitcoin ETFs listed in the US recorded their steepest single-day outflow in nearly three weeks on Friday, with $349 million pulled from all 11 products combined, according to data from Farside. The withdrawals came as Bitcoin slid back toward $68,000 after briefly touching $74,000 earlier in the week — a run-up that, based on…
Bitcoin Faces On-Chain Air Gap To $81,000: Will Momentum Build?
Data of the Bitcoin URPD shows a supply chasm exists between $72,000 and $81,000, potentially making resistance in the region relatively light. Bitcoin URPD Signals Air Gap Until $81,000 In a new UTXO Realized Price Distribution (URPD). This indicator tells us about the amount of supply that was last transacted or purchased at the various…
Bitcoin’s Brief Rally Isn’t The End Of The Bear Market, Analysts Say
Exhausted sellers may be giving Bitcoin some breathing room — but analysts say that’s a long way from a recovery. US Buyers Return, Pushing Prices Off Multi-Week Lows Data from on-chain analytics firm CryptoQuant shows the Coinbase Bitcoin Premium — a measure of US-based buying demand — has flipped from its most negative readings in…
The 31,900 Bitcoin Purge: Why March 4 Marked An Institutional Bitcoin Floor
Bitcoin is testing the $70,000 level after briefly surging toward $74,000, as the market attempts to stabilize following a volatile period marked by geopolitical uncertainty and rapid price swings. While the recent rally helped restore short-term momentum, analysts are closely monitoring on-chain data to determine whether the move reflects a broader shift in market structure…
Bitcoin Bounce Fails As Short-Term Holders Rush To Take Profit
Bitcoin’s latest rebound to $74,050 on Thursday is running into immediate selling pressure as short-term holders move coins to exchanges in large volumes, suggesting the market’s most reactive cohort remains unconvinced by the recovery. On-chain data shared by CryptoQuant contributors indicates that traders who bought Bitcoin only weeks ago are now locking in gains rather…
Bitcoin Prints A 2022-Like Iran War Chart, But It’s Not
Renowned macro analyst Alex Krüger is pushing back on a comparison that has taken hold across desks since strikes involving Iran began: that markets are replaying the 2022 Russia-Ukraine shock, with crypto and Bitcoin in particular tracing an uncomfortably familiar pattern. Yes, the setups rhyme, Krüger wrote in a March 4 Substack note. But he…
The $73,000 Test: Crowded Shorts And Negative Funding Fueled Bitcoin’s 15% Recovery
Bitcoin is regaining strength after pushing back above the $70,000 level, a move that has helped restore a degree of bullish sentiment following weeks of heightened volatility. The recovery comes after a turbulent period for global markets, during which geopolitical developments and macro uncertainty triggered sharp swings in price action across risk assets. According to…
Bitcoin Spot ETFs See 14-Day Netflows Surge: Demand Returning?
Data shows the Bitcoin spot exchange-traded funds (ETFs) have seen their 14-day netflow trend climb into the positive territory, ending a period of sustained outflows. Bitcoin Spot ETF Netflow Has Been Rising Recently As highlighted by on-chain analytics firm Glassnode in a new spot ETFs have seen their 14-day netflow trend climb higher recently. “Spot…