Why Bitcoin’s Price Crash Could Be a Buying Opportunity for Big Players
Bitcoin (BTC) has experienced a significant drop, with its value plunging to $91,000 in the early hours of Monday. The decline follows unfavorable macroeconomic developments, including newly imposed US tariffs. This price movement has left investors and analysts closely scrutinizing the market for signs of a reversal or further downturn. According to a recent analysis…
Bitcoin Market Performance Shows Signs of Distribution Cycle, Analyst Reveals
Bitcoin market activity over the past day has been marked by turbulence, with its value falling to as low as $90,000 levels earlier today before rebounding to just above $94,000. Despite this partial recovery, the cryptocurrency remains down 5.8% over the past week and more than 13% below its all-time high of $109,000, reached in…
Bitcoin Eyes $108K: Can Bulls Sustain Momentum Against Bearish Signals?
Bitcoin has recently faced a slowdown in its upward trajectory after reaching over $105,000 earlier this week. The cryptocurrency had shown signs of a potential breakout, but key indicators have come into focus as the market evaluates its next move. The latest insights from analysts have raised questions about whether Bitcoin’s market momentum can overcome…
Analyst Says Bitcoin Is Bullish But It’s Time For Caution
Bitcoin price has regained upward traction, trading back above $105,000 after a temporary dip below $104,000 earlier today. This 1.2% increase over the past hour reflects renewed optimism in the market. Amid this price performance, Crypto Dan, a CryptoQuant analyst has shared his analysis of on-chain data and market behaviors that may shape Bitcoin’s trajectory…
MVRV Ratio Reveals Bitcoin’s Market Position Amid Short-Term Selling Pressure
Bitcoin (BTC) has shown a swift recovery, climbing back above $95,000 after experiencing a notable dip below this level just a day prior. This price rebound has reignited discussions among analysts about the underlying market dynamics and potential future trends. Recent insights from CryptoQuant contributors shed light on key metrics influencing Bitcoin’s price behavior, focusing…
Bitcoin Price Reclaims $101,000: Key Levels to Watch Moving Forward
Bitcoin has seen a modest recovery after dipping below the $100,000 mark earlier today. At the time of writing, BTC is trading just above $101,000, following a 3.7% decline in the last 24 hours. This recent movement appears to have not only instilled hope in investors but has also caught the attention of analysts now…
Bitcoin Short-Term Holders Are Selling at a Loss: What This Means For BTC
Amid Bitcoin’s ongoing upward momentum in price, a key on-chain Bitcoin metric has been observed that offers clues about the market’s next direction. This notable indicator known as the Short-Term Holder Spent Output Profit Ratio (STH SOPR) which reveals the behavior of Short-Term Holders (STHs) has shown that STHs have started to sell at a…
1 Million Bitcoin Pulled From Exchanges In The Past 3 Years: What It Means For The BTC Market
Undoubtedly, Bitcoin has seen significant growth over the past years both in market price and as a network, solidifying its reputation as a considerable financial haven. Adding more credibility to this fact, a CryptoQuant analyst known as Gaah recently highlighted a notable trend: a large volume of Bitcoin—roughly 1 million BTC—has been withdrawn from crypto…
Why Bitcoin’s Ongoing Recovery Could Be Just the Beginning Of a Larger Rally
Bitcoin (BTC) has shown notable recovery since this week began, climbing back above $100,000 and now trading at $104,430. This upward move represents a 4.9% daily gain and more than a 10% increase over the past week. Analysts have been examining this rally closely, noting that it mirrors patterns observed in past market cycles. Specifically,…
Rising Bitcoin Prices Defy Exchange Inflows: What Investors Need to Know
Bitcoin (BTC) has experienced a gradual recovery following the release of the US Consumer Price Index (CPI) report yesterday, with its price now hovering above $98,000. This marks a 6.1% increase over the past week, signaling growing optimism among market participants. Amid this, there has been an interesting trend observed by a CryptoQuant analyst concerning…