Bitcoin Undervalued? Analyst Breaks Down Bullish On-Chain Metrics
According to a CryptoQuant Quicktake post published today, Bitcoin (BTC) may still be undervalued based on several on-chain metrics. Crypto on-chain analyst BorisVest explained that data suggests bullish sentiment remains intact for the leading cryptocurrency. On-Chain Metrics Suggest Bitcoin Still Undervalued BorisVest pointed to two key on-chain metrics suggesting that BTC’s current price might be…
Data Shows Whales Stay Calm While Bitcoin Climbs—What Are They Waiting For?
Following Bitcoin’s correction dropping to as low as $74,000 earlier this month amid the recent global tariff war, the asset has now begun to see steady recovery with its price hovering above $85,000 after a 10% surge in the past week as President Trump’s 90-day tariff pause affecting all countries except China. The announcement helped…
Bitcoin Price Eyes Bullish Continuation—Is $90K Within Reach?
Bitcoin price started a fresh increase above the $83,500 zone. BTC is now consolidating gains and might attempt to clear the $85,500 resistance. Bitcoin started a fresh increase above the $83,500 zone. The price is trading above $83,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support…
Bitcoin Weekly RSI Breakout Signals Trend Shift – Is $100,000 Next For BTC?
After weeks of downward price action, Bitcoin (BTC) is finally showing signs of a bullish reversal. The leading cryptocurrency’s weekly Relative Strength Index (RSI) has recently broken its trendline, fueling optimism for a potential major breakout. Bitcoin Weekly RSI Turns Bullish Bitcoin has struggled under the weight of escalating global tariff wars, with the flagship…
On-Chain Clues Suggest Bitcoin Bounce Might Be a False Signal—Here’s What to Know
Bitcoin has shown signs of stabilization following its earlier correction this month, which saw the asset fall to as low as $74,000. Over the past week, Bitcoin has rebounded strongly, gaining nearly 10%, and now trades above $84,000. This upward movement has reignited optimism among investors, though some analysts remain cautious about calling this a…
Bitcoin’s Last Drawdown To $74,000 A ‘Healthy Correction’ — Analyst Says Bull Cycle Is Still On
The price of Bitcoin has found its way back above the $85,000 mark, marking a huge success in the recovery from the coin’s latest slump toward $74,000. According to an on-chain analyst, this recent correction might not be as ominous as initially thought and could be part of a broader bull cycle. Can BTC Price…
Bitcoin Price Climbs Above $85,000 As Open Interest Surges 16% In Past Day
The Bitcoin price action this weekend has been quite bubbly and impressive, with the premier cryptocurrency reclaiming the $85,000 level on Saturday, April 12. This burst of bullish momentum came after United States President Donald Trump’s exemption of smartphones, computers, and chips from the new trade tariffs. According to the latest on-chain data, the Bitcoin…
Bitcoin Price Rises Steadily—But Can the Rally Hold This Time??
Bitcoin price started a fresh increase above the $82,500 zone. BTC is now consolidating gains and might attempt to clear the $85,850 resistance. Bitcoin started a fresh increase above the $83,200 zone. The price is trading above $82,500 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line…
Is Bitcoin Price Returning To $74,000? Analyst Identifies Pattern That Suggests So
The Bitcoin price had a rollercoaster journey over the past week, falling to its lowest level in six months on Wednesday, April 9. The flagship cryptocurrency showed some resilience, recovering above the $80,000 level after United States President Donald Trump paused trade tariffs on all countries except China. BTC seems to be starting the weekend…
Bitcoin Hidden Bullish Signal: Analyst Predicts Breakout After Holding Key Level
Bitcoin could be setting the stage for a major reversal, according to crypto analyst BTCEarth. In a recent post on X, the analyst pointed to a key support zone that continues to hold firm, reinforcing the possibility of a bottom formation. Notably, the analyst said the price action has “respected the long-standing blue support line”,…