Bitcoin Short-Term Holders Now Capitulating: Bottom Here?
On-chain data shows the Bitcoin short-term holders have started selling at a loss. Here’s what this could mean for the cryptocurrency’s price. Bitcoin Short-Term Holder SOPR Has Just Dipped Under 1 As pointed out by CryptoQuant author Axel Adler Jr in a new post on X, the Bitcoin Spent Output Profit Ratio (SOPR) of the…
Bitcoin’s $90K Level Under Review: Here’s What Analyst Suggests
Bitcoin (BTC) has continued to exhibit bearish sentiment, currently trading below $91,000. This decline has sparked debates about its future trajectory, with analysts closely examining major market metrics to understand where BTC’s price action could likely be headed next. Among these, CryptoQuant contributor Percival’s detailed insights shed light on Bitcoin’s current state, offering an in-depth…
Bitcoin Price Unravels 157-Day Fractal Similar To Last Cycle, Why A Surge To $169,000 Is Possible
Crypto analyst Master Kenobi has identified a bullish pattern for the Bitcoin price, which is similar to one that was observed in the previous bull cycle. Based on this pattern, the analyst explained why the Bitcoin price could rally to as high as $169,000 in this cycle. Bitcoin Price Could Rally To $169,000 As Fractal…
Bitcoin Faces Major Deleveraging – Analyst Explains Price Crash Below $100K
Bitcoin experienced significant selling pressure after successfully breaking above the $100K mark, a psychological milestone that had investors buzzing with optimism. However, the celebration was short-lived as BTC failed to hold this critical level, dropping as low as $92,500 in less than three days. This sharp downturn has reignited concerns about the market’s stability and…
Bitcoin Not Reached ‘Extreme Euphoria’ Phase Yet, Glassnode Reveals
The on-chain analytics firm Glassnode has revealed the level Bitcoin would have to rise to if it has to reach the historical top zone in this pricing model. Bitcoin Hasn’t Surpassed Last MVRV Pricing Band Yet In a new post on X, Glassnode has talked about the extreme euphoria threshold of the Bitcoin Market Value…
Bitcoin Price Crash Not The End Of The Road As Analyst Shares Roadmap To $200,000
Despite the recent Bitcoin price crash, crypto analyst TradingShot has suggested that this is not the end of the road for the flagship crypto. This came as he revealed why BTC could still rally to as high as $200,000 in this market cycle. Bitcoin Price Set To Rally To $200,000 Despite Recent Crash In a…
Key Metrics Reveal Bitcoin STH Support Levels Around $89K–$86K – Is BTC At Risk?
Bitcoin has faced intense selling pressure since Tuesday, following a strong breakout above the $100K mark. The rally, which many investors hoped would solidify Bitcoin’s bullish structure, quickly reversed, driving the price down to a low of $92,500. The sudden downturn has rattled market sentiment, leaving investors cautious about the immediate direction of the crypto…
Survival Of The Strongest: Bitcoin Miners Face Tough Choices As Selling Pressure Mounts
Bitcoin journey in the new year continues to demonstrate less upward momentum, with its price recently dropping below the $95,000 price mark. Amid this movement, the market seems to be witnessing a notable trend among miners as they grapple with the effects of rising values and selling pressure. shed light on the challenges facing Bitcoin…
Bitcoin To Blast Off? Trump’s Fury Over Interest Rates Signals Big Move
Bitcoin experts are buzzing as President-elect Donald Trump lashed out against current Federal Reserve policy, calling interest rates “far too high” despite persistent inflationary pressures. “We are inheriting a difficult situation from the outgoing administration,” Trump said at his Mar-a-Lago club, adding that officials seem to be “trying everything they can to make it more…
Bitcoin At Risk Of Supply Shock As ETF Issues Buy More BTC Than Was Produced In December
The world’s largest cryptocurrency may be at risk of a supply shock as demand from United States (US) Spot Bitcoin Exchange Traded Funds (ETFs) has surged far beyond expectations. In December 2024, the volume of BTC acquired through Spot Bitcoin ETFs more than tripled the amount mined during that same month, underscoring the severe imbalance…