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 Exchange Inflows Shrink Amid $125,000 Rally – More Upside Ahead?
As Bitcoin (BTC) hit a new all-time high (ATH) of $125,708 on Binance yesterday, BTC exchange inflows are starting to show signs of slowing down. As a result, crypto analysts are confident that the top cryptocurrency by market cap may be on the cusp of a healthy rally. Bitcoin Exchange Inflows Slump Amid New ATH…
Bitcoin Long-Term Holders Remain Steady As CDD Normalizes After False Alarm
Bitcoin is testing uncharted territory after breaking past its previous all-time high of $112,000 last Thursday, igniting a powerful new phase in the bull market. With the price currently hovering above $117,000, bulls are firmly in control as optimism spreads across the crypto market. The breakout comes after weeks of tight consolidation, signaling renewed confidence…
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…
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 Sharks & Whales Continue To Accumulate: Stage Set For New All-Time High?
On-chain data shows the large Bitcoin investors have continued to buy as the coin’s price has been approaching its all-time high (ATH). Bitcoin Investors With 10 to 10,000 BTC Have Expanded Holdings Recently In a new post on X, the on-chain analytics firm Santiment has talked about the latest trend in the supply held by…
Bitcoin Boom Still In Play? Analyst Predicts Final Leg Up
According to a CryptoQuant Quicktake post published earlier today, Bitcoin (BTC) may not have reached the peak of the current market cycle just yet. A key on-chain metric suggests that there could be one final leg up for the leading cryptocurrency before this bull market concludes. Bitcoin To Hit New Peak Soon? Data from CoinGecko…
Stablecoins See Positive Momentum: Will This Lead To New Bitcoin All-Time High?
Data shows the stablecoins USDT and USDC have been seeing capital inflows recently, something that could turn out to be bullish for Bitcoin. Top 2 Stablecoins Have Seen Their Market Caps Grow Recently In a new stablecoins: USDT and USDC. Below is the chart shared by the analytics firm, that shows the data for the…
Stablecoins Signal Strong Bitcoin Demand: Could BTC Renew Its ATH Soon?
The recent activity in Bitcoin price and demand metrics suggests a potential resurgence in market interest, which could lead to a renewed all-time high. So far, Bitcoin has recently achieved a significant price rebound, reclaiming a trading level above $70,000 after a sustained period of resistance just below this price mark. This uptrend follows a…