Gear Up! New Bitcoin Bull Market Is About To Begin — Time To Buy?
The price of Bitcoin has continued to hover around the $70,000 level this weekend, establishing a choppy structure above this psychological level. According to the latest on-chain data, a significant buy alarm has gone off for BTC, indicating the potential start of a bull market. Has BTC Price Reached Its Cycle Bottom? On Saturday, March…
Bitcoin Hovering Near $71,000 While A Bigger Move Brews Beneath
Bitcoin is hovering near the $71,000 mark, consolidating after recent swings as the market digests key liquidity zones. While price remains contained, underlying technical signals suggest a larger move may be brewing, with both upside breakouts and downside sweeps on the horizon. A Bounce Back To $71,000 After Channel Support Holds Crypto analyst Columbus support.…
The Bear Market Divergence That Shows What’s Really Going On With Bitcoin
Crypto analyst Ardi has pointed to a bear market divergence to explain what has been going on with Bitcoin’s price for a while now. His analysis comes just as BTC continues to struggle to hold above $70,000 amid the U.S.-Iran war and rising oil prices. Analyst Explains What Is Happening With Bitcoin as Price Struggles…
Bitcoin Market Caution Rises After Failed Breakout: Glassnode Data
The Bitcoin market remains subject to high uncertainty, with bearish sentiments at heightened levels. In the last week, the premier cryptocurrency attempted another failed breakout as prices faced stiff resistance at the $75,000 level. With Bitcoin now back to around $70,000, Glassnode data on the options market shows that traders are pushing for more downside…
Bitcoin Holds As Gold Posts Worst Week Since 1983 Amid Iran War
Bitcoin quietly gained ground while gold crumbled. That contrast has become one of the more telling stories to emerge from weeks of escalating conflict in the Middle East, as the two assets — long compared as competing stores of value — have moved in sharply opposite directions since the US and Israel launched strikes on…
Bitcoin Market Not Ready For Expansion Yet — Blockchain Firm
According to a recent on-chain data evaluation, the Bitcoin price might not be seeing a start to renewed price expansion in the near-term. Interestingly, this hypothesis seems to align with the multiple recovery attempts by the flagship cryptocurrency over the past few weeks. BTC Net Realized Profit Peak At $17M/hr Before Swift Price Downturn In…
Pundit Shares Everything To Understand About Bitcoin, ‘This Cycle IS Different’
A crypto analyst has broken down everything investors and traders need to know about the current Bitcoin (BTC) cycle. In his post, the pundit argued that the present cycle is different. He explained that the widely followed four-year cycle theory is fundamentally flawed, suggesting that a far more reliable framework exists for understanding where the…
Bitcoin Stalls Near $75K As Traders Move Coins To Exchanges
A key price level is giving Bitcoin trouble — and on-chain data may explain why. Realized Price Puts A Ceiling On The Rally The $75,000 mark is not just a round number for Bitcoin traders. It sits at the lower band of what analysts call the “traders’ on-chain Realized Price” — a metric that tracks…
Nailing The Bitcoin Bottom: This Signal Has Correctly Predicted The Last 3 Cycle Bottoms
A single on-chain indicator has quietly called every major Bitcoin cycle bottom for the past decade, and it is now approaching that important level once again. The setup comes from a monthly Bitcoin chart paired with the NUPL indicator, which tracks whether the average holder is sitting on unrealized profit or loss. In each of…
Is Bitcoin Price Bottom In? MVRV Z-Score Says ‘Not Yet’
After another failed attempt at breaking the $74,000 resistance, the Bitcoin price continues to hover around the psychological $70,000 level, with very little — if any — momentum to boast of. Some analysts expect this price level to serve as a rebound point for the flagship cryptocurrency; however, data from a recent on-chain evaluation implies…