Category Archives: Bitcoin News

Bitcoin’s Network Fundamentals Turn Bullish—Here Are The Details

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Amid the ongoing Bitcoin price correction after attempting to reclaim $70,000 on Monday, a CryptoQuant analyst known as Mac.D has highlighted key shifts in the asset’s network fundamentals. This key shift in Bitcoin’s network fundamentals includes the rise in Bitcoin’s hashrate, which has surged to an all-time high, marking a significant milestone for the network.… Continue reading Bitcoin’s Network Fundamentals Turn Bullish—Here Are The Details→

Bitcoin’s Current Decline Could Be Temporary—Key Signs of A Rally Revealed

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Bitcoin (BTC) has seen a slight price decline recently, but according to a new analysis, there could still be signs of a potential short-term uptrend. A CryptoQuant analyst, Yonsei Dent, shared his insights on the CryptoQuant QuickTake platform, focusing on the Coinbase Premium Index and its impact on Bitcoin’s price movement. Key Indicators For Bitcoin… Continue reading Bitcoin’s Current Decline Could Be Temporary—Key Signs of A Rally Revealed→

$200,000 Bitcoin In 2025? $791 Billion Asset Manager Calls It ‘Conservative’

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Bernstein Research, the esteemed research arm of global asset manager AllianceBernstein, is projecting that Bitcoin will reach $200,000 by the end of 2025. The firm, which manages assets worth $791 billion as of August 2024, labels this prediction as “conservative” in its latest 160-page “Black Book” on Bitcoin. Why BTC Price Will Hit $200,000 In… Continue reading $200,000 Bitcoin In 2025? $791 Billion Asset Manager Calls It ‘Conservative’→

Bitcoin Retail Demand Rises 13% In 1 Month: Time For Q4 2024 Rally?

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After four months of declining transaction volumes from retail investors, Bitcoin (BTC) retail on-chain activity shows signs of resurgence. Will Bitcoin Benefit From Rising Retail Participation? According to a recent analysis by on-chain analytics platform CryptoQuant, BTC transactions worth less than $10,000 are rising, reflecting a shift in the market’s sentiment from risk-averse to risk-on.… Continue reading Bitcoin Retail Demand Rises 13% In 1 Month: Time For Q4 2024 Rally?→

Bitcoin Options Traders Set Sights On $80,000 By November-End, Regardless Of US Election Outcome

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As the US presidential election approaches, the crypto community is buzzing with speculation regarding how the outcome will affect the Bitcoin price.  With just 15 days until the election between former President Donald Trump and Vice President Kamala Harris, options traders are increasingly optimistic about a new all-time high for Bitcoin, regardless of who wins… Continue reading Bitcoin Options Traders Set Sights On $80,000 By November-End, Regardless Of US Election Outcome→

Bitcoin’s Quarterly Performance Hints At Possible Correction—Here’s What You Should Know

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As Bitcoin experiences a gradual recovery in its price performance, a new analysis sheds light on the cryptocurrency’s broader market stance. A CryptoQuant analyst known as “Crazzyblockk” recently shared an in-depth key metrics like the asset’s market capitalization and realized capitalization. According to the analyst, examining these metrics every quarter can offer valuable insights into… Continue reading Bitcoin’s Quarterly Performance Hints At Possible Correction—Here’s What You Should Know→

53% Of Binance Traders Are Shorting Bitcoin – What Does This Mean For Price Action?

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After several weeks of sustained upward momentum, Bitcoin is currently holding above $66,000. The price has recently encountered resistance at the crucial $69,000 level, which is expected to take time and significant liquidity to overcome.  Key data from Binance reveals that more than half of futures traders have shorted BTC in the past few hours,… Continue reading 53% Of Binance Traders Are Shorting Bitcoin – What Does This Mean For Price Action?→

Market Analyst Charts The Bitcoin Journey To $70,000: Weekly Price Action Insights

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Since July 29, the Bitcoin price has been struggling to regain the $70,000 mark, which has proven to be a formidable resistance barrier for the leading cryptocurrency. This resistance has been in place for the last two quarters of the year, after BTC hit an all-time high of $73,700 back in March this year.  Since… Continue reading Market Analyst Charts The Bitcoin Journey To $70,000: Weekly Price Action Insights→

Bitcoin Retail Activity Soars After 4-Month Slump—Would A 72% Rally Follow?

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Bitcoin has recently seen an uptick in retail investor activity following months of subdued participation, according to a report by CryptoQuant analyst caueconomy. The analyst highlighted this in a post on the CryptoQuant QuickTake platform, disclosing how this return in retail demand could be one of the signs of a bull market. Bitcoin Retail Activity… Continue reading Bitcoin Retail Activity Soars After 4-Month Slump—Would A 72% Rally Follow?→

Bitcoin Signal That Led To At Least 70% Surge Has Formed Again

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On-chain data shows a Bitcoin signal that has led to at least a 70% rally the last four times has recently formed for the asset once again. Bitcoin MVRV Momentum Has Seen A Bullish Crossover Recently In a new MVRV Ratio” is an indicator that keeps track of the ratio between the Bitcoin market cap… Continue reading Bitcoin Signal That Led To At Least 70% Surge Has Formed Again→