Bitcoin Price Sets Up for Another Move—Can the Bulls Seal the Deal?
Bitcoin price is eyeing a fresh increase above the $118,000 resistance. BTC must clear the $120,000 resistance zone to continue higher in the near term. Bitcoin started a fresh increase after it cleared the $118,000 zone. The price is trading above $118,500 and the 100 hourly Simple moving average. There was a break above a…
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 Correlation To Altcoins Is Collapsing: A Warning Sign?
Data shows Altcoins are breaking away from Bitcoin’s lead. Here’s what that could mean for the market, based on historical trends. Altcoins Are Witnessing A Fast Drop In Correlation To Bitcoin In a new altcoins has changed recently. The Correlation is an indicator that keeps track of how tied together the prices of any two…
Institutional Demand Surges As Ethereum Sets New Inflow Records
Ethereum is once again in the spotlight as institutional capital continues to flood into the market at an unprecedented pace. This surge in demand reflects institutional investors who are increasingly viewing ETH as a valuable asset. Ethereum Turns Heads As Inflows Accelerate According to Axel Gaubert’s signals immense institutional appetite for the asset and underscores growing…
Bitcoin Price Consolidates—Is a Downside Correction on the Horizon?
Bitcoin price is consolidating gains below the $118,000 resistance. BTC could start a downside correction if it breaks the $116,200 support zone. Bitcoin started a fresh decline after it failed to clear the $120,000 zone. The price is trading below $118,000 and the 100 hourly Simple moving average. There is a bearish trend line forming…
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…
Bitcoin Reserves On Exchanges Hit Highest Level Since June 25 – Is BTC In Danger?
As Bitcoin (BTC) continues to hover in the high $110,000 range, on-chain data suggests that a short-term price pullback may be imminent. That said, the broader market structure remains firmly bullish. Bitcoin Exchange Reserves Hit Near-Month High According to a recent CryptoQuant Quicktake post by contributor ShayanMarkets, BTC reserves on centralized exchanges have risen to…
Altseason: 3 Signals Investors Should Watch For – Analyst
Aside from a new all-time high in the Bitcoin market, the last trading week also heralded some altseason shouts as a slight price decline by the premier cryptocurrency coincided with significant price rallies by major altcoins. A popular market analyst with the X username PlanD has weighed in on these recent market developments, highlighting three…
Bitcoin Re-Enters Profit Zone As Greed Rises, But Rally To $200,000 Still Possible
Bitcoin reached a new all-time high of $122,838 on July 14, but has since slipped into a phase of consolidation around the $118,000 level. The recent pause in upward momentum hasn’t dampened market sentiment, which remains firmly bullish. According to Coinmarketcap’s Fear & Greed Index, Bitcoin is still currently sitting at a greed level of…
Warning Signs Flash As Bitcoin Miners Unload At Record Pace
Bitcoin’s run above $120,000 has drawn fresh selling from the very people who dug it up. On July 15, miners sent a hefty 16,000 Bitcoin to exchanges—the most in a single day since April—raising questions about how long the rally can keep climbing. According to CryptoQuant data, those daily outflows edged past the earlier high,…