Category Archives: Bitcoin News

Bitcoin Futures Data Shows Bullish Long/Short Ratio – Details

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Bitcoin continues to trade within a tight range, consolidating below the $85,000 mark and holding above the $81,000 support zone. Bulls are making efforts to reclaim higher levels and spark a recovery rally, but persistent macroeconomic uncertainty and growing concerns over global trade tensions continue to weigh on market sentiment. The lack of momentum in… Continue reading Bitcoin Futures Data Shows Bullish Long/Short Ratio – Details→

Bitcoin Under Threat? Analyst Explores Two Bearish Black Swan Scenarios to Watch

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As Bitcoin (BTC) stabilizes above the critical $80,000 support level after a significant downturn of over 25% from its January peak, market analyst Doctor Profit has released a compelling report that raises a pivotal question: is the market witnessing the onset of a bear market, or is the bullish sentiment still intact? M2 Money Supply… Continue reading Bitcoin Under Threat? Analyst Explores Two Bearish Black Swan Scenarios to Watch→

This Bitcoin Correction Is Different From March 2024—Here’s Why

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An analyst has explained how this Bitcoin correction phase may be different from the 2024 one, based on the data of this on-chain metric. Stablecoin Supply Is Displaying A Different Pattern In This Bitcoin Downturn In a CryptoQuant Quicktake Stablecoins” are cryptocurrencies that track the price of a fiat currency, with USD being by far… Continue reading This Bitcoin Correction Is Different From March 2024—Here’s Why→

Bitcoin Could Hit $112,000, But Only If It Holds Above This Key Level – Analyst Explains

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In an X post published yesterday, seasoned crypto analyst Ali Martinez highlighted that, based on price band analysis, Bitcoin (BTC) could surge to $112,000 if it breaks and holds above a key level. Analyst Outlines Key Bitcoin Level Following a slight uptick after the US Federal Reserve’s (Fed) announcement to slow the pace of its… Continue reading Bitcoin Could Hit $112,000, But Only If It Holds Above This Key Level – Analyst Explains→

Analyst Compares Current Bitcoin Pullback to 2024 Market—Here’s What They Found

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Bitcoin continues to experience short-term volatility, struggling to maintain momentum above key resistance levels. After recently attempting to break back above the psychological $90,000 level, the asset has pulled back again. As of the time of writing, Bitcoin is trading at approximately $83,239, down 2.2% over the past 24 hours and nearly 23% below its… Continue reading Analyst Compares Current Bitcoin Pullback to 2024 Market—Here’s What They Found→

Net Taker Volume on Binance Hits Yearly High Amid Bitcoin Price Consolidation

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Bitcoin continues to trade just below the $84,000 mark, reflecting a broader slowdown in upward momentum. Despite attempts to reclaim higher levels, the cryptocurrency has remained under the $90,000 mark for over two weeks. This current range-bound activity comes nearly two months after Bitcoin touched its all-time high in January, indicating a period of uncertainty… Continue reading Net Taker Volume on Binance Hits Yearly High Amid Bitcoin Price Consolidation→

Bitcoin ‘Probably’ Hit Its Bottom At $77,000, Arthur Hayes Says

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According to a recent X post by crypto entrepreneur Arthur Hayes, Bitcoin (BTC) probably hit its bottom during the plunge to $77,000 on March 10. However, Hayes cautioned that while BTC may have bottomed, stock markets could face more pain ahead. BTC Bottomed At $77,000? Hayes Thinks So Former BitMEX CEO Arthur Hayes recently took… Continue reading Bitcoin ‘Probably’ Hit Its Bottom At $77,000, Arthur Hayes Says→

Bitcoin Surges Past $85,000 as Analysts Spot Key Bullish Signals

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Bitcoin’s price has been regaining momentum after a recent weeks of decline, climbing back above $85,000. This marks a 2.7% increase in the past week, slowly recovering from previous losses. While the broader market remains cautious, investors appear to now be closely monitoring whether BTC can sustain its upward trend or if further corrections are… Continue reading Bitcoin Surges Past $85,000 as Analysts Spot Key Bullish Signals→

Bitcoin’s Realized Cap and UTXO Data Signal a Major Shift—Here’s What to Watch

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Bitcoin is currently demonstrating signs of recovery, with its price climbing above $86,000, marking a 2.7% increase in the past day. Despite this recent uptick, BTC remains approximately 20% below its all-time high of $109,000, recorded in January. While the asset’s price action is known to be a focal point for analysis, on-chain data provides… Continue reading Bitcoin’s Realized Cap and UTXO Data Signal a Major Shift—Here’s What to Watch→

Bitcoin Transfer Count Lowest Since 2023—Is This Bearish?

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On-chain data shows the Bitcoin transaction count has plunged to the lowest level since October 2023. Here’s what this could mean for BTC’s price. Bitcoin Transactions Have Seen A Significant Slowdown Recently As pointed out by CryptoQuant author IT Tech in a new Number of Transactions” from the market intelligence platform IntoTheBlock, which measures, as… Continue reading Bitcoin Transfer Count Lowest Since 2023—Is This Bearish?→