Bitcoin Poised For Rally As Geopolitical Tensions Ease And Inflation Expectations Fall
Leading crypto exchange Binance witnessed a significant outflow of Bitcoin (BTC) and Ethereum (ETH) on June 23, with investors pulling out over 4,000 BTC and 61,000 ETH in a single day. This shift comes amid easing geopolitical tensions and declining inflation, fuelling speculation about a renewed rally. Bitcoin Likely To Rally As Global Tensions Simmer…
Bitcoin STHs Capitulate: 14,700 BTC Moved To Exchanges At Loss
As volatility engulfs the cryptocurrency market amid war tensions, on-chain data shows that the Bitcoin short-term holders are selling at a loss. Bitcoin Short-Term Holders Just Made Large Exchange Inflows At A Loss In a new post on X, CryptoQuant author Axel Adler Jr has talked about how the Bitcoin short-term holders have reacted to…
Bitcoin Binary CDD Hints At Healthy Consolidation, Not A Top
After a brief drop to $98,000 over the weekend, Bitcoin (BTC) has recovered and is now trading above $101,000 at the time of writing. While concerns about a potential double top persist, on-chain data has yet to show any major warning signs. Bitcoin Undergoing Healthy Consolidation According to a recent CryptoQuant Quicktake post by contributor…
Bitcoin’s Drop Below $100k Sparks Bearish Chatter, But Data Says Something Else
Bitcoin has rebounded slightly after dropping below the $100,000 mark, a decline attributed to escalating geopolitical tensions. The digital asset reached lows of approximately $98,974 following reports of US military strikes on Iran. At the time of writing, Bitcoin has regained some ground and is trading at $102,1010, representing a 2.4% increase over the past…
Bears Will Be Washed Out Of Bitcoin If This Happens
Bitcoin’s narrow price movement over the past week contradicts a much different development in the futures market. According to Axel Adler Jr., an analyst at on-chain analytics platform CryptoQuant, a sharp rise in the long liquidation dominance metric could set the stage for a significant shift in sentiment that may completely wash out bears from…
Bitcoin Crashed Below $100,000 Amid US Airstrikes On Iran And Market Sell-Off
The market’s leading crypto, Bitcoin (BTC), dipped below the $100,000 mark for the first time in over a month on Sunday, following US airstrikes on Iran as conflicts in the middle east continue to escalate. This decline, which saw the Bitcoin price drop approximately 4% to around $99,300, coincided with a broader market sell-off, with…
All Signs Point To A Bitcoin Liftoff—Here’s What The Experts See
Based on reports from analyst Moustache, Bitcoin may be gearing up for its next big move. The world’s largest cryptocurrency climbed above $105,000 for the second time this week. At press time, it was trading at nearly $104,000, up 0.50% over the past 24 hours. Historical RSI Breakouts Could Signal New Push According to the…
Bitcoin Price Deviates From Global M2 Money Supply, Is The Bull Run Over?
Crypto analyst Colin has highlighted the Bitcoin price’s deviation from the Global M2 money supply, raising concerns that the bull run may be over. The analyst quickly addressed concerns, noting how such deviations usually happen at some point but don’t invalidate the macro trend. Analyst Highlights Bitcoin Price’s Deviation From Global M2 Money Supply In…
Bitcoin Bullish Divergence That Appeared Before The May ATH Has Returned Again
Bitcoin is currently hovering in a subtle yet significant signal is starting to flash beneath the surface, particularly on the 4-hour chart, that might send Bitcoin to a new all-time high soon. Return Of Rare Divergence Pattern On Bitcoin’s 4H Chart Crypto analyst Luca (@CrypticTrades_) breakout may be very close. As shown in the 4-hour…
Bitcoin May Surprise Bears: $100K–$110K Range Shows Rising Short Interest
While Bitcoin (BTC) has remained range-bound – trading between $100,000 and $110,000 for about a month – both short and long positions have been building within this range, with short positions rising at a faster pace. Bitcoin Long Positions Slightly Ahead But Shorts Catching Up After reaching a new all-time high (ATH) of $111,814 last…