Category Archives: Bitcoin News

Bitcoin Shows Elevated Unrealized Profits Without Signs Of Panic Selling – New ATH Soon?

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Having surged about 22.5% over the past 30 days, Bitcoin (BTC) has sparked concerns in the crypto market that its rally may be nearing exhaustion, with a potential price correction on the horizon. However, the latest on-chain data reveals that despite elevated unrealized profits, there are still no signs of increased selling pressure for the… Continue reading Bitcoin Shows Elevated Unrealized Profits Without Signs Of Panic Selling – New ATH Soon?→

Bitcoin’s Fate May Be Sealed On June 9, Analyst Warns

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Bitcoin spent the European trading hours changing hands near $103,000 after Sunday night’s failed attempt to clear $107,100. The pull-back has done little to dent the conviction of market technician Dr Cat (@DoctorCatX), who argues that the decisive battleground is still three weeks away: the weekly close of 9 June, when the Tenkan-sen is projected… Continue reading Bitcoin’s Fate May Be Sealed On June 9, Analyst Warns→

Bitcoin Briefly Surpasses $106K Before Pullback, Analyst Sees Stable Momentum

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Bitcoin has resumed its upward trajectory in the early hours of Monday, briefly surpassing the $106,000 mark before encountering resistance and experiencing a minor pullback. As of the time of writing, Bitcoin is trading at $104,153, representing a 1% decline over the past 24 hours. Despite this dip, the asset remains in a strong position… Continue reading Bitcoin Briefly Surpasses $106K Before Pullback, Analyst Sees Stable Momentum→

Bitcoin Market Update: Spot Demand Climbs As Short-Term Profits Lose Steam

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Bitcoin (BTC) continues to show signs of strength despite experiencing a minor pullback in its most recent trading session. After briefly reaching a 24-hour high of $106,518, the asset retraced slightly and now trades at $104,820, reflecting a modest 0.5% decrease over the past day. Still, the cryptocurrency remains just 3.8% below its all-time high… Continue reading Bitcoin Market Update: Spot Demand Climbs As Short-Term Profits Lose Steam→

This Bitcoin Level Could Be To Watch In The Short Term, Glassnode Says

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The on-chain analytics firm Glassnode has explained how the Bitcoin investor Cost Basis Distribution could highlight this level as an important one. A Notable Amount Of Bitcoin Has Cost Basis At $106,600 In a new Cost Basis Distribution” (CBD) here refers to an on-chain indicator that tells us about how much of the asset’s supply… Continue reading This Bitcoin Level Could Be To Watch In The Short Term, Glassnode Says→

Bitcoin Price Nears Record Highs: Are We Headed For A $120,000 Breakout

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With Bitcoin (BTC) surging back above the $105,000 mark and nearing its record high set in January, market expert Doctor Profit has outlined bullish predictions for the leading cryptocurrency. In a recent post on social media platform X, he detailed the dynamics he believes will drive Bitcoin toward new highs. Bitcoin Breaks Key Levels As… Continue reading Bitcoin Price Nears Record Highs: Are We Headed For A $120,000 Breakout→

Bitcoin’s $10K Rhythm: Steady Climb Signals Strong Push To $115K

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Bitcoin is showing signs of calm after a wild ride earlier this year. The top cryptocurrency dropped sharply from a high of $109,000 in January to a low of $74,600 by mid-April. That’s more than $34,000 wiped out in just a few months. But things have shifted since then. Bitcoin climbed back, gaining over 30%… Continue reading Bitcoin’s $10K Rhythm: Steady Climb Signals Strong Push To $115K→

Bitcoin Consolidates Below ATH – Buying Pressure Weakens As Equities Outperform

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Bitcoin is facing growing risks of a pullback as bullish momentum begins to fade near key resistance. After weeks of impressive gains, BTC is now consolidating in a tight range just below its all-time high, with buyers struggling to push the price into price discovery. This ongoing indecision has raised concerns among traders and analysts,… Continue reading Bitcoin Consolidates Below ATH – Buying Pressure Weakens As Equities Outperform→

Bitcoin Up $18,000, But HODLer Profits Same As On April 1—Here’s Why

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On-chain data shows the profit margin of the Bitcoin long-term holders is currently the same as when BTC was still $85,000. Here’s what’s behind this. Bitcoin Long-Term Holder NUPL Has Returned To 0.69 In a new NUPL is an indicator that keeps track of the difference between the unrealized profit and unrealized loss held by… Continue reading Bitcoin Up $18,000, But HODLer Profits Same As On April 1—Here’s Why→

Bitcoin Near ATH, But Long-Term Holders Aren’t Selling – More Upside Ahead?

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Fresh on-chain data suggests that despite Bitcoin (BTC) trading close to its all-time high (ATH), long-term holders (LTHs) are not offloading their holdings. Instead, these investors are continuing to accumulate the world’s largest cryptocurrency by market capitalization, signaling their confidence in further price gains in the coming weeks. Long-Term Bitcoin Holders Are Not Selling Yet… Continue reading Bitcoin Near ATH, But Long-Term Holders Aren’t Selling – More Upside Ahead?→