Bitcoin’s Exchange Transactions Hit Record Lows—What This Means For BTC’s Price
Bitcoin has experienced significant price movements in the past few days, largely influenced by macroeconomic developments and market fundamentals. Following the Federal Open Market Committee (FOMC) meeting and a speech by Federal Reserve Chair Jerome Powell, Bitcoin’s price dropped sharply below $99,000. However, the leading crypto quickly rebounded, climbing back to $104,000 earlier today before…
Bitcoin’s Price Momentum Shifts As Spot Market Outpaces Futures – Here’s What It Means
Bitcoin has continued its upward trajectory as recent market trends highlight a shift in investor behaviour. According to data shared by CryptoQuant analyst Avocado Onchain, spot market demand has emerged as a significant driving force behind Bitcoin’s ongoing price increases. This trend indicates growing buying pressure from long-term investors, as speculative activity in the futures…
Bitcoin’s Next Big Move? Key Metric Reveals When to Cash In Profits
Bitcoin recent price momentum which led to a renewal of its all-time high (ATH) appears to have reignited interest in key metrics used to time market entries and exits. Among these, the Stock-to-Flow (S2F) reversion metric has been highlighted by a CryptoQuant analyst known as Darkfost, who shared insights on its current implications for Bitcoin…
Key Indicators Signal Bitcoin’s Next Move: Should Investors Brace For A Market Shift?
Bitcoin has long been a focal point of interest for investors due to its cyclical nature, transitioning between periods of bullish and bearish trends. As of now, Bitcoin is reportedly within a bull market phase, according to a CryptoQuant analyst known as datascope. This phase, termed the “Orange Zone,” indicates that upward momentum is prevailing,…
Sell Bitcoin When This Happens, Warns Analyst—Here’s What to Watch For
Bitcoin has shown a significant recovery, reclaiming the $100,000 milestone yesterday. It trades at $101,805, marking a 1.4% increase over the past 24 hours. Amid this price performance, analysts have closely examined various metrics to gauge potential market movements, including identifying optimal cash-out moments. Meanwhile, recent data reveals intriguing patterns that could guide investor strategies.…
Is Bitcoin Entering a New Phase? Analysts Break Down Key Trends
So far, the Bitcoin market continues to demonstrate resilience as it maintains its price above the $90,000 price market despite various factors influencing its price movements. Amid this, a CryptoQuant analyst, aytekin466, recently shared insights into whether the cryptocurrency could face another significant price correction. Are Major Corrections a Thing of the Past? aytekin disclosed…
Bitcoin’s Market at a Crossroads: Are Long-Term Holders Signalling a Correction or a Rally?
The role of Bitcoin long-term holders (LTHs) has again come under the microscope of analysts as the asset currently faces a 4.5% correction from its all-time high (ATH) above $100,000 created on Thursday. These holders, defined as those who retain their Bitcoin for over 155 days, are known to influence market movements through their accumulation…
Bitcoin’s Next Move? Coinbase Premium Suggests a Short-Term Rally May Be Brewing
According to recent insights, Bitcoin (BTC) seems to be on the verge of another rally, which suggests the potential for short-term upward momentum. At the heart of this discussion is the Coinbase Premium Index, a critical indicator analyzed in one hour by CryptoQuant analyst Yonsei Dent. This metric and specific moving average trends have highlighted conditions…
Bitcoin’s Silent Whales: Rising Exchange Inflows Hint at Market’s Next Big Move
Bitcoin has experienced notable whale activity since the conclusion of the US election on November 5, with an increase in the volume of Bitcoin transferred to exchanges by active whale addresses. However, contrary to what one might expect, there hasn’t been a significant surge in profit-taking activity among these large holders, a CryptoQuant analyst named…
Bitcoin to Enter Final Bull Phase? Key Indicator Hints at Major Price Movement
Bitcoin, the world’s leading cryptocurrency, appears to be on the brink of a potential sharp rise. According to a CryptoQuant analyst, Crypto Dan, the market could experience a significant upward trend within the next two months. This insight, shared on the CryptoQuant QuickTake platform, is based on a critical market indicator that has historically signaled…