This Bitcoin Metric Has Predicted Every Cycle Bottom, But What Is It Saying Now?
Bitcoin is back above $70,000 after a bruising first quarter, but there are still questions as to whether the asset has already established its cycle low or is still moving through a bottoming phase. A technical indicator following one interesting Bitcoin metric is presently showing signs that the bottom may not yet be in. The…
When Will The Bitcoin Bull Run Start? Analyst Reveals The Markers That Will Show The Way
A crypto analyst known as CrypFlow has outlined what he believes will certify the true start of the next Bitcoin bull run. According to the analyst, the flip into a bullish run does not begin at the bottom but only after key technical confirmations appear on the chart. His analysis points to three conditions that…
Accumulation Mode? Bitcoin Holders Quietly Amass 4.37M BTC As Bull Signal Emerges
Bitcoin’s active address momentum has sunk to its weakest point since April 2018, even as a separate index tracking overall network health has crossed into what analysts call a bull phase for the first time in roughly a year. A Market Driven By Fewer, More Committed Players The active addresses momentum metric dropped to -0.25…
Bitcoin Price Trims Gains, But Uptrend Still Holds Strong
Bitcoin price started a strong increase above the $70,500 zone. BTC is consolidating gains and might aim for more gains above the $71,650 zone. Bitcoin gained pace for a move above the $70,500 and $71,500 levels. The price is trading above $70,200 and the 100 hourly simple moving average. There is a new bullish flag…
Bitcoin Golden Cross Trend Enters Flow State: Why The Next 2-3 Weeks Are Important
Bitcoin (BTC) could be preparing for another major bull rally as a Golden Cross has recently appeared on the cryptocurrency’s Inter-exchange Flow Pulse (IFP). A crypto analyst who explained the significance of this occurrence notes that the timeline of this Golden Cross aligns almost perfectly with past bull rallies. Based on this historical trend, the…
Bitcoin Price Jumps Amid Peace Talks, Risk Appetite Ignites Rally
Bitcoin price started a strong increase above the $70,000 zone. BTC is consolidating gains and might aim for more gains above the $71,500 zone. Bitcoin gained pace for a move above the $69,500 and $70,500 levels. The price is trading above $70,000 and the 100 hourly simple moving average. There was a break above a…
Bitcoin Price Rejected Above $70K, Bulls Lose Grip on Momentum
Bitcoin price started a decent increase above the $68,800 zone. BTC is trimming gains and might revisit the $67,500 support zone. Bitcoin gained pace for a move above the $68,500 and $68,800 levels. The price is trading above $68,000 and the 100 hourly simple moving average. There is a bullish trend line forming with support…
Analyst Reveals How To Trade The Bitcoin Cycle, Predicts When Price Will Hit $215,000
A crypto analyst has presented a new roadmap for Bitcoin (BTC), outlining his interpretation of past events and forecasting the market’s next possible moves in the coming months. The analyst also shared insights into the market’s psychology during key periods in the current cycle. While he reveals how to trade in this shaky environment, the…
Bitcoin Sits 45% Below Its Peak As Short Sellers Absorb $276M In Losses
West Texas Intermediate crude has hit $115 a barrel, gasoline prices in the US are up nearly 40% since late February, and Bitcoin is still trying to break through a wall it has failed to climb six times now. That is the world Bitcoin finds itself in on Monday as it briefly touched $69,550 —…
Bitcoin Sentiment Hits 5-Week Fear Level – Is A Reversal Coming?
Bitcoin is entering the new week under a cloud of doubt, with social sentiment tilting to fear just as price action continues to stall below $66,800. Data from Santiment shows a noticeable change in crowd behavior, hinting that the market’s mood may be reaching an inflection point. Sentiment extremes have often corresponded with turning points…