Tag Archives: Bitcoin Exchange Netflow

Bitcoin Tests $90,000 Support As Netflows Turn Positive — Details

Posted on by — No Comments ↓

After encountering significant resistance around the $94,000 local high, Bitcoin has retraced to a psychological and technical key support at $90,000. Interestingly, this price correction coincides with a significant change in on-chain dynamics. Here are the details. Exchanges Record Netflow Shift In a QuickTake post on CryptoQuant, pseudonymous market analyst The Enigma Trader explains that… Continue reading Bitcoin Tests $90,000 Support As Netflows Turn Positive — Details→

Bitcoin Price To Face Selling Pressure Over Next 1-2 Weeks — Here’s Why

Posted on by — No Comments ↓

The Bitcoin price appeared to have resumed its bull run as it ran up to a new all-time high on Thursday, August 14. However, this positive momentum was short-lived, as the premier cryptocurrency crashed from the unprecedented high of $124,000 down to around $118,000. The Bitcoin price has struggled to reignite this bullish run over… Continue reading Bitcoin Price To Face Selling Pressure Over Next 1-2 Weeks — Here’s Why→

Bitcoin Exchange Inflows Spike After $123,000 Peak – Signs Of Short-Term Cooling?

Posted on by — No Comments ↓

Bitcoin (BTC) surged to a new all-time high (ATH) of $123,218 earlier today, pushing its market cap beyond $2.4 trillion. However, exchange data shows a sharp increase in BTC inflows following this milestone, raising concerns of a potential short-term correction. Bitcoin Exchange Inflows Warn Of Pullback According to a CryptoQuant Quicktake post by contributor Tarekonchain,… Continue reading Bitcoin Exchange Inflows Spike After $123,000 Peak – Signs Of Short-Term Cooling?→

Bitcoin Bullish Signal: $900 Million In BTC Leaves Exchanges

Posted on by — No Comments ↓

On-chain data shows the exchanges have witnessed net Bitcoin outflows through the latest volatility, a sign that could be positive for BTC’s price. Bitcoin Exchange Netflow Has Been Negative Recently According to data from the market intelligence platform Exchange Netflow,” which measures the net amount of BTC entering into or exiting out of the wallets… Continue reading Bitcoin Bullish Signal: $900 Million In BTC Leaves Exchanges→

Bitcoin’s Exchange Reserves Plunge—Are We On The Brink Of A Rebound?

Posted on by — No Comments ↓

Bitcoin is experiencing a challenging period, with its price remaining below the $100,000 mark after a significant drop earlier this week. Today, Bitcoin hovers just above $98,000, marking a nearly 10% decline from its all-time high of over $109,000 recorded last month. Interestingly, while BTC’s price has slowed, its exchange reserve has faced the same… Continue reading Bitcoin’s Exchange Reserves Plunge—Are We On The Brink Of A Rebound?→

Bitcoin Sets New ATH Above $104,000, Yet Investors Don’t Want To Sell

Posted on by — No Comments ↓

Bitcoin has set a new all-time high (ATH) beyond the $104,000 mark during the past day, but on-chain data shows investors are still unwilling to sell. Bitcoin Exchange Netflow Has Remained Negative During Latest Rally As explained by an analyst in a CryptoQuant Quicktake Exchange Netflow,” which, as its name suggests, keeps track of the… Continue reading Bitcoin Sets New ATH Above $104,000, Yet Investors Don’t Want To Sell→