Bitcoin Price Holds Steady, But Futures Sentiment Signals Caution – Details
According to a recent CryptoQuant Quicktake post, while Bitcoin (BTC) has seen a steady rise in price from November 2024 to February 2025, sentiment in the cryptocurrency’s futures market has not shown a corresponding uptick. Bitcoin Futures Sentiment Index Signals Caution Bitcoin’s price surged from approximately $74,000 in November 2024 to a peak of $101,000…
Bitcoin Faces Pressure As Report Flags Chinese Sell-Off Plans
A new report by Reuters suggests that China may be looking to liquidate large stashes of confiscated Bitcoin, potentially exerting downward pressure on BTC’s price. Sources cited by Reuters indicate that local Chinese governments have been engaging private companies to convert seized Bitcoin into cash, in an effort to bolster public finances under strain from…
Bitcoin Price Fails To Launch With $751 Million In Outflows, Are Institutions Cashing Out?
The Bitcoin price continues to face headwinds, as the latest report on Digital Asset Fund Flows shows a staggering $751 million in outflows from the digital asset. The sheer volume of this withdrawal raises alarm bells about whether institutions may be cashing out from the flagship cryptocurrency. Bitcoin Price Faces Pressure Amid Massive Outflows CoinShares’…
‘Bitcoin Wants To Go Higher,’ Says Bitwise CIO—But There’s A Catch
In an investor note dated April 15, 2025, Matt Hougan, the Chief Investment Officer (CIO) of Bitwise, shared an examination of Bitcoin’s recent trading patterns that may surprise both critics and supporters. “Bitcoin is acting like an asset that wants to go higher, if only macro obstacles would get out of the way,” he wrote.…
Bitcoin Undervalued? Analyst Breaks Down Bullish On-Chain Metrics
According to a CryptoQuant Quicktake post published today, Bitcoin (BTC) may still be undervalued based on several on-chain metrics. Crypto on-chain analyst BorisVest explained that data suggests bullish sentiment remains intact for the leading cryptocurrency. On-Chain Metrics Suggest Bitcoin Still Undervalued BorisVest pointed to two key on-chain metrics suggesting that BTC’s current price might be…
Data Shows Whales Stay Calm While Bitcoin Climbs—What Are They Waiting For?
Following Bitcoin’s correction dropping to as low as $74,000 earlier this month amid the recent global tariff war, the asset has now begun to see steady recovery with its price hovering above $85,000 after a 10% surge in the past week as President Trump’s 90-day tariff pause affecting all countries except China. The announcement helped…
Bitcoin Weekly RSI Breakout Signals Trend Shift – Is $100,000 Next For BTC?
After weeks of downward price action, Bitcoin (BTC) is finally showing signs of a bullish reversal. The leading cryptocurrency’s weekly Relative Strength Index (RSI) has recently broken its trendline, fueling optimism for a potential major breakout. Bitcoin Weekly RSI Turns Bullish Bitcoin has struggled under the weight of escalating global tariff wars, with the flagship…
On-Chain Clues Suggest Bitcoin Bounce Might Be a False Signal—Here’s What to Know
Bitcoin has shown signs of stabilization following its earlier correction this month, which saw the asset fall to as low as $74,000. Over the past week, Bitcoin has rebounded strongly, gaining nearly 10%, and now trades above $84,000. This upward movement has reignited optimism among investors, though some analysts remain cautious about calling this a…
Bitcoin Hidden Bullish Signal: Analyst Predicts Breakout After Holding Key Level
Bitcoin could be setting the stage for a major reversal, according to crypto analyst BTCEarth. In a recent post on X, the analyst pointed to a key support zone that continues to hold firm, reinforcing the possibility of a bottom formation. Notably, the analyst said the price action has “respected the long-standing blue support line”,…
Bitcoin Poised For W-Bottom Reversal, Says Legendary Trader Bollinger
Legendary technical analyst John Bollinger has highlighted what he calls a “classic Bollinger Band W bottom” that may be forming on the Bitcoin pair BTC/USD. According to him, BTC appears to have found support in the $74,000 area, setting up the characteristic double-dip lows that define a W-shaped reversal pattern. Notably, Bollinger stressed that the…