Bitcoin Yearly Trend Suggests Cycle Top Near $205,000 By Year-End, Analyst Says
Bitcoin (BTC) has seen a moderate price correction since June 11, falling from around $111,000 to just above $104,000 at the time of writing. While rising geopolitical tensions in the Middle East may be weighing on the asset, several analysts maintain that BTC’s long-term bullish trajectory remains intact. Bitcoin To Top At $205,000? In a…
Bitcoin Whales Pull 4,500 BTC From Binance, Hinting At Incoming Rally
Recent on-chain data suggests that Bitcoin (BTC) whales may be preparing for a potential rally, as Binance BTC withdrawals have seen a notable spike. Additionally, rising stablecoin inflows to exchanges indicate growing buy-side liquidity, reinforcing the market’s bullish sentiment. Bitcoin Whales Foreseeing Major Rally Ahead? According to a recent CryptoQuant Quicktake post by contributor Amr…
Tether Enforces Freeze On $12 Million In Tron Funds Over Illicit Activity
Tether acted swiftly Sunday when it froze $12.3 million worth of USDT on the Tron blockchain. Based on reports from Tronscan, this step targets wallets allegedly linked to money laundering and sanctions evasion. The company has not issued a public statement yet, but on‑chain data left little room for doubt. T3 Financial Crime Unit Shows…
Bitcoin Whale And Retail Inflows To Binance Fall To Cycle Lows, More Upside Ahead?
As Bitcoin (BTC) reels amidst escalating geopolitical tensions between Israel and Iran – dropping from $110,530 on June 9 to just above $106,900 today – concerns are mounting that BTC’s upward momentum may have stalled. However, on-chain data suggests that both Bitcoin whales and retail investors still anticipate further upside for the leading cryptocurrency. Bitcoin…
Bitcoin Golden Cross Incoming, But Tensions Threaten Breakout
Bitcoin is still trying to regain short-term bullish momentum, as shown by its price action in the past 24 hours. After briefly slipping below $104,500, the cryptocurrency bounced back to trade above $106,000, and technical analysis now shows a technical formation that could cause the start of a more extended rally. Interestingly, as seen in…
Dormant Ethereum Wallet Awakens After 10 Years With Millions Worth Of ETH
Ethereum has been consolidating around the $2,500 price level over the past few days, showing little momentum in either direction. The second-largest cryptocurrency by market cap has struggled to sustain a breakout above the $2,600 resistance zone, despite the inflows into Ethereum Spot ETFs last week. One event that has sparked interest, and possibly concern,…
Shiba Inu Burn Explodes 3,194%: Can It Change The SHIB Price Trajectory?
Shiba Inu has seen a surge in burn activity, with the burn rate climbing by 3,194% in the last 24 hours. According to data from burn tracker Shibburn, over 521.6 million SHIB tokens were permanently removed from circulation during this period. This sudden and sharp rise in burn rate has raised optimism within the SHIB…
Amid Bitcoin Hype, Seasoned Trader Predicts Sudden Drop To This Level
Bitcoin is at a crossroads again. Prices have been bouncing between $61,000 and $104,000 for about seven months. That range looks a lot like the $31,000–$64,000 sideways move before the sharp drop in early 2022. Traders and analysts are split over whether history is about to repeat itself or if fresh demand will keep Bitcoin…
Bitcoin Price Forms Descending Triangle Pattern Amid Israel-Iran Tensions
The recent escalation in tensions between Israel and Iran has added a new wave of anxiety in the global markets, causing investors to adopt a more cautious stance towards investing. At the same time, Bitcoin’s technical chart is sending mixed signals that could lead to a breakout in either direction. After a failed attempt to…
Bitcoin Following ABCD Pattern? Analyst Sees Path To $137,000
Brewing tensions between Israel and Iran have triggered global de-risking across risk-on assets, including Bitcoin (BTC). The top cryptocurrency by market cap is down 1.7% over the past 24 hours. That said, technical indicators still point toward a potential new all-time high (ATH) for BTC in the coming months. Bitcoin Tracing The ABCD Pattern According…