Is Bitcoin Falling Because Of Strategy Sell-Offs? On-Chain Data Fuels Debate
Bitcoin’s latest downturn has caused considerable speculation about whether Strategy’s (formerly known as MicroStrategy) massive holdings are playing a role in the market’s weakness. The concerns escalated sharply when wallet-monitoring platforms flagged large Bitcoin transfers linked to the company, sparking widespread claims that a major sell-off had begun. The conversation gained even more traction when…
Bitcoin In Bullish Confluence: Death Cross And Key Support Signal Upside
Bitcoin’s technical structure is flashing a rare and powerful signal. Despite a recent price dip, a bearish-sounding Death Cross has just triggered precisely at a major structural support, the lower boundary of a long-term pattern. This bullish confluence, where historical market bottoms align with key technical support, suggests that the correction is complete and a…
Bitcoin Price In Trouble As Sell-Side Momentum Spikes — $92,000 Next?
The Bitcoin price has ostensibly continued down in its bearish direction, which started in the second week of October. After slipping beneath the psychological $100,000 support, worries have surfaced among Bitcoin market participants regarding the broader market structure. Interestingly, the latest on-chain evaluation justifies this worry, as the downside bias for the Bitcoin price seems…
Bitcoin Rejection Was No Accident — Now The Battle Shifts To $93,000–$97,000 Survival Zone
recovery or if deeper losses are on the horizon. Micro-Resistance Zone Holds Firm, Forcing Another BTC Low More Crypto Online, in a recent update bearish pressure. According to the update, Bitcoin has now reached the next major support zone, an area the analyst has repeatedly emphasized: the 50% retracement of the larger support box near…
Dormant Bitcoin Giant Stirs, Unloads 12,000 BTC In Surprise Move
A large, dormant Bitcoin wallet moved a massive amount of coins to an exchange on Thursday, rattling traders and reigniting debate about where big holders stand. According to on-chain data, a Satoshi-era wallet that had not moved funds for 13 years transferred roughly 12,000 BTC — about $1.4 billion at current prices — in a…
Reclaim Or Retreat? Bitcoin Is Struggling At This Make-Or-Break Zone
Bitcoin is currently locked in a decisive struggle at a make-or-break resistance zone. After a strong attempt to push higher, BTC was rejected and has retreated to a pivotal support area. The next few sessions are crucial: bulls must quickly reclaim the critical overhead resistance, or risk triggering a wider market retreat back toward lower…
Bitcoin Correction Nears Peak Point — Is A Rebound Underway?
The Bitcoin market has suffered through a disappointing performance over the past few weeks, leading to a price retest of the $100,000 support zone. However, an exciting on-chain evaluation predicts a positive price action in the near future. Bitcoin Price Below Average Cost — Details On November 8, popular market analyst Burak Kesmeci shared on…
Bitcoin Sharpe Signal Slips Into Negative Territory — More Pain For BTC?
The price of Bitcoin has struggled so far in the month of November, briefly falling below the psychological $100,000 level twice already. Although the flagship cryptocurrency appears to be in a state of calm this weekend, a recent on-chain evaluation shows the possibility of more price corrections in the short term. Bitcoin Risk-Adjusted Returns See…
Big Bitcoin Holders Are Selling, But Few Buyers Are Stepping In As Demand Weakens
Bitcoin’s price has struggled to maintain stability above $102,000 in recent days, and data shows this is due to an apparent imbalance between selling pressure and fresh demand. On-chain data from CryptoQuant reveals that while long-term holders have been actively taking profits, the market is showing limited capacity to absorb their sell-offs. This is a…
Bitcoin UTXO Age Bands Put Local Bottom At $95K — Here’s Why
After a disappointing performance during the week, the price of Bitcoin has continued its sluggish action over the weekend. According to data from CoinGecko, the premier cryptocurrency has been hovering around the $102,000 level over the past 24 hours. While this current choppy price action seems like an improvement from the severe downturn witnessed in…