Bitcoin to Enter Final Bull Phase? Key Indicator Hints at Major Price Movement
Bitcoin, the world’s leading cryptocurrency, appears to be on the brink of a potential sharp rise. According to a CryptoQuant analyst, Crypto Dan, the market could experience a significant upward trend within the next two months. This insight, shared on the CryptoQuant QuickTake platform, is based on a critical market indicator that has historically signaled…
Dogecoin Hits Critical Resistance: Will It Surge Past $0.40 or Face a Price Dip?
Despite Dogecoin (DOGE) still being 45% below its all-time high of $0.7316, achieved in 2021, DOGE has experienced a notable year-to-date gain of over 400%. When writing, the memecoin leader trades at $0.404, up 5.6% in the past 24 hours. Analysts suggest this price marks a critical juncture that could significantly influence Dogecoin’s trajectory in…
Binance Data Reveals Bitcoin Profit Trends: Is the Bull Run Far From Over?
Before its recent price correction, Bitcoin came close to hitting the six-digit milestone, achieving an all-time high of $99,645—a near 170% year-to-date increase. This notable price performance, followed by the recent price dip, has sparked discussions about the state of the market, particularly the profit-taking behaviour observed among investors. An analysis by a CryptoQuant analyst…
Bitcoin’s Price Dip Triggers Alert On NVT Golden Cross—Here’s What To Watch For
Bitcoin price correction from its recent all-time high has sparked speculation within the crypto community, with many questioning if the bull run remains intact and what the next price move might be. Currently, BTC trades at a price below the $95,000 mark, down by nearly 7% from its all-time high above $99,000 recorded on November…
The Current Correction In Bitcoin Is The Last Before A Major Rally—Here’s Why
Bitcoin price momentum has grabbed significant attention as it gradually sheds some of its gains acquired in the past weeks. So far, Bitcoin has plunged 7.6% from its all-time high (ATH) of $99,645 seen last week. Particularly, at the time of writing, the asset trades for $92,476. Marking roughly 4.6% drop in the past day alone.…
Bitcoin Rally Pauses Before $100K—Here’s What Could Happen Next
Bitcoin recently came close to breaking the $100,000 price mark last week, reaching a high of $99,645 before encountering resistance. According to CryptoQuant analyst Percival, the psychological barrier of round numbers like $100,000 often serves as a point where traders exit positions for “relative safety.” Since climbing from $73,000 to $99,800, Percival highlighted that Bitcoin…
Deribit Moves $783M in Ethereum To Cold Storage: A Bullish Signal for ETH?
While Ethereum seems to have begun its own major rally, the asset has recently experienced significant activity on the Deribit Options Exchange which begs the question of what it means for ETH’s price. A CryptoQuant analyst known as Amr Taha substantial outflows from the exchange to cold wallets, highlighting potential implications for market sentiment and…
Whale Accumulation Points to Bitcoin Gains, But Here’s Why Investors Should Stay Alert
Bitcoin price movements often correlate with large-scale investors’ actions, commonly called “whales.” These individuals or entities hold between 1,000 and 10,000 BTC, and their trading behavior is a critical indicator of market trends. With that being said, recent data indicates that these whales have been increasing their Bitcoin holdings, which has fuelled momentum in the…
Ethereum’s Positive Funding Rates Push Price Near $4K—Are There Any Downsides?
Ethereum has recently climbed to a major high above $3,400, reigniting enthusiasm among market participants and signaling a potential upward trend that may lead to a push above $4,000 toward a new all-time high. This optimism has been met with major speculation of ETH’s price from the crypto community and analysts, who are observing key…
Is Bitcoin Now Overheating? Key Metrics Reveal Crucial Insights For Investors
Amid Bitcoin’s pursuit to hit the six figures all-time high (ATH), a CryptoQuant analyst known as aytekin, has shared a comprehensive analysis on tools to assess Bitcoin’s market temperature, focusing on distinguishing useful from potentially misleading metrics. According to aytekin, investors’ concerns often center around Bitcoin’s ability to reach new peaks and when it might…