Tariff Easing Fuels Altcoin Rally: Solana, DOGE, And ADA Shine While Bitcoin Stalls
Bitcoin (BTC) has experienced a notable surge, gaining 3% in the last 24 hours, climbing from $84,000 to $88,600, following reports that upcoming US tariffs on major trading partners will be less severe than initially anticipated. However, altcoins like Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) have outperformed Bitcoin’s surge in the 24-hour time frame,…
Bitcoin Futures Data Shows Bullish Long/Short Ratio – Details
Bitcoin continues to trade within a tight range, consolidating below the $85,000 mark and holding above the $81,000 support zone. Bulls are making efforts to reclaim higher levels and spark a recovery rally, but persistent macroeconomic uncertainty and growing concerns over global trade tensions continue to weigh on market sentiment. The lack of momentum in…
Bitcoin Price Shows Stronger Recovery Signs—Upside Move in Focus
Bitcoin price started a recovery wave above the $82,500 zone. BTC is now rising and might aim for a move above the $86,500 and $87,200 levels. Bitcoin started a decent recovery wave above the $83,000 zone. The price is trading above $84,500 and the 100 hourly Simple moving average. There is a connecting bullish trend…
Bitcoin Under Threat? Analyst Explores Two Bearish Black Swan Scenarios to Watch
As Bitcoin (BTC) stabilizes above the critical $80,000 support level after a significant downturn of over 25% from its January peak, market analyst Doctor Profit has released a compelling report that raises a pivotal question: is the market witnessing the onset of a bear market, or is the bullish sentiment still intact? M2 Money Supply…
Global M2 Vs. Bitcoin Shows Bullishness As Analyst Sets ‘Blast Off’ Date, Here’s When
A recent analysis comparing Bitcoin’s price movement and the Global M2 money supply has added another data point to the growing argument for a bullish phase ahead for the cryptocurrency. Colin, a crypto analyst known on social media platform X as “The M2 Guy,” recently shared an update suggesting that Bitcoin may be on the…
Bitcoin Open Interest Falls To $37 Billion—Does This Spell Trouble For BTC?
Open interest in Bitcoin trading is a crucial metric to assess the market’s current sentiment on the digital asset, including potential price movements. In theory, an increase in Bitcoin’s open interest suggests liquidity, which can also support an ongoing price trend. According to the latest Glassnode data, Bitcoin’s OI has dipped from $57 billion to…
CMT-Certified Expert Explains Why Bitcoin May Not Reach Past Extremes On Indicators
A crypto market technician is debating whether Bitcoin has reached its peak this bull cycle, as Relative Strength Index (RSI) which failed to reach past extremes, raising concerns about Bitcoin’s future trajectory. Bitcoin Indicators Fall Short Of Historical Peaks Bitcoin has historically exhibited strong indicator readings during major cycle tops, reflecting extreme market engagement and…
This Bitcoin Correction Is Different From March 2024—Here’s Why
An analyst has explained how this Bitcoin correction phase may be different from the 2024 one, based on the data of this on-chain metric. Stablecoin Supply Is Displaying A Different Pattern In This Bitcoin Downturn In a CryptoQuant Quicktake Stablecoins” are cryptocurrencies that track the price of a fiat currency, with USD being by far…
Bitcoin Could Hit $112,000, But Only If It Holds Above This Key Level – Analyst Explains
In an X post published yesterday, seasoned crypto analyst Ali Martinez highlighted that, based on price band analysis, Bitcoin (BTC) could surge to $112,000 if it breaks and holds above a key level. Analyst Outlines Key Bitcoin Level Following a slight uptick after the US Federal Reserve’s (Fed) announcement to slow the pace of its…
1 Million Bitcoin In New Whale Hands—A Mega BTC Rally On The Horizon?
The latest wave of wealthy Bitcoin investors are enamored with the cryptocurrency. Since late November, they have been amassing more than a million Bitcoins between them. They took another 200,000 coins just last month. According to research from CryptoQuant, these are not your normal long-term investors. The majority of these “new whales”—who each have at…