$120K and Rising: What On-Chain Data Says About Bitcoin’s Next Move
Bitcoin has continued its upward momentum over the past week, reclaiming price levels close to its all-time high. At the time of writing, the cryptocurrency is trading above $120,000, only a short distance from the record of more than $123,000. Over the last seven days, the asset has posted a gain of approximately 5.1%, placing…
Bitcoin Bull Run Stumbles: Analysts Predict a Possible $111K Retest Soon
Bitcoin (BTC) has continued to face resistance below the $120,000 level, with price action showing little momentum to push the asset toward a new high. At the time of writing, the world’s largest cryptocurrency is trading above $118,000, reflecting a slight pullback of around 3.6% from its most recent all-time high. With the asset still…
Bitcoin’s Next Big Surge? On-Chain Metrics Suggest a Price Shift Is Near
Bitcoin (BTC) continues to face resistance just under the $120,000 mark, struggling to build enough momentum for a breakout. Over the past 24 hours, the cryptocurrency has remained in a tight trading range above $118,000, representing a slight decline of nearly 4% from its most recent all-time high. Despite the lack of upward movement, analysts…
Bitcoin’s Calm Before the Storm? Binance Data Points to Big Shift Ahead
Bitcoin (BTC) continues to trade within a narrow price range, showing limited upward movement over the past week. At the time of writing, the leading cryptocurrency is priced around $117,719, representing a 1% decline in the past 24 hours and a 4.2% drop from its recent all-time high above $123,000. Amid this price performance, a…
Bitcoin’s Next Big Move? Cooling Futures Market Hints at Possible Breakout
Bitcoin (BTC) remains within a tight trading range following a recent pullback from its all-time high. At the time of writing, the world’s largest cryptocurrency is priced at $118,570, reflecting a 0.3% increase over the past 24 hours. Recent analysis shared on CryptoQuant’s QuickTake platform by market contributor ShayanMarkets highlights a noticeable change in Bitcoin’s…
Rakbank Introduces AED-Based Crypto Trading for UAE Clients
Rakbank, officially known as the National Bank of Ras Al Khaimah, has set a notable precedent in the UAE by becoming the first conventional bank in the country to offer crypto trading services to retail customers. This move highlights a significant shift in the banking sector within the region, reflecting the increasing integration of cryptocurrencies…
Market Top or Just a Pause? Analysts Weigh in on Bitcoin’s Quiet Zone
Bitcoin continues to consolidate just below the $120,000 mark, exhibiting restrained momentum despite previous rallies that pushed it to all-time highs above $123,000. Over the past 24 hours, the cryptocurrency has fluctuated between a low of $117,422 and a high of $119,197, ultimately trading at $118,578 at the time of writing. While price movement has…
Warning Signs? Bitcoin Approaches Overheated Zone as Retail Still Sits Out
Bitcoin continues to trade below its record high set earlier this month, hovering above the $119,000 mark. While price action over the past week has shown only a modest 0.3% gain, analysts suggest the market may be nearing a turning point. The sideways movement in price has not deterred the broader bullish outlook, but on-chain…
Bitcoin Hovers Below $120K as On-Chain Indicators Point to Slowing Demand
Bitcoin’s price remains in a zone where it is seeing little upward momentum as it continues to hover below its recent all-time high. After reaching above $123,000 earlier this month, the asset has pulled back slightly, trading at $119,343 at the time of writing. This represents a 2% gain over the past week but still…
Bitcoin’s UTXO Count Falls Sharply — Are Whales Prepping for a Big Move?
Bitcoin’s upward price trajectory has slightly cooled, with the asset now trading just below the $119,000 mark, reflecting a 3% decline over the past week. The dip follows a sustained upward trend that has seen significant interest from both institutional and retail participants in recent months. The current pause in momentum may suggest a temporary…