Bitcoin Soars Past $82,500 As MicroStrategy Makes Major 27,200 BTC Purchase

On Monday, business intelligence firm Microstrategy announced the purchase of additional Bitcoin (BTC) as the largest cryptocurrency on the market hit a new all-time high of $82,500, with increased inflows into various sectors of the ecosystem over the past week.  MicroStrategy Now Holds Nearly $23 Billion In Bitcoin In a social media post by Bitcoin… Continue reading Bitcoin Soars Past $82,500 As MicroStrategy Makes Major 27,200 BTC Purchase

Bitcoin Data Reveals Bulls Are Growing But Still Behind March 2024 Peak – Details

Bitcoin has proven unstoppable, breaking all-time highs five times in six days and surging past the $82,000 mark. This latest milestone cements Bitcoin’s momentum as it pushes into uncharted territory, capturing the bulls’ attention and sparking new levels of optimism in the market.  According to recent data from CryptoQuant, the number of bullish investors is… Continue reading Bitcoin Data Reveals Bulls Are Growing But Still Behind March 2024 Peak – Details

Bitcoin Holder Profits Now 121%: How Much Higher Can BTC Go?

On-chain data shows the Bitcoin investors are now carrying 121% profits on average. Here’s whether this has been enough for a top in the past. Bitcoin Profitability Index Is Currently Sitting Around 221% In a new Average Profitability Index” is an indicator for BTC that compares the asset’s spot value with its realized price. The… Continue reading Bitcoin Holder Profits Now 121%: How Much Higher Can BTC Go?

Rising Bitcoin Funding Rates Signal Market Optimism—But Is A Correction Looming?

Bitcoin recent price movement of continuous uptrend has drawn the attention of market participants and analysts as it edges closer to creating a new all-time high, blasting through critical resistance levels. Amid this, a CryptoQuant analyst known as TraderOasis provided an in-depth analysis of Bitcoin’s market earlier today, suggesting the trajectory the asset could head to next. Analysis… Continue reading Rising Bitcoin Funding Rates Signal Market Optimism—But Is A Correction Looming?

Bitcoin Could Be Ready For ‘Phase 2’ Of This Historical Bull Pattern

On-chain data shows Bitcoin could currently be following a similar pattern as in a previous cycle in terms of this indicator. Bitcoin Could Now Be Entering Phase 2 Of The Bull Run In a CryptoQuant Quicktake post, an analyst has pointed out how the recent trend in the Bitcoin long-term holder supply has been reminiscent… Continue reading Bitcoin Could Be Ready For ‘Phase 2’ Of This Historical Bull Pattern

Bitcoin Nears ATH As Miners Hold Back On Selling—Bullish Signals Flashing

Bitcoin has managed to maintain its footing above the $75,000 price mark following a new all-time high (ATH) of $76,872 recorded yesterday. At present, the cryptocurrency is trading at $76,587, reflecting a modest 0.9% dip from its peak while still marking a 1.7% daily increase. This stability signals resilience and has fuelled speculation regarding Bitcoin’s… Continue reading Bitcoin Nears ATH As Miners Hold Back On Selling—Bullish Signals Flashing

Bitcoin ETFs See Historic Surge – Institutions Go Bullish On BTC With $1.38 Billion Record Inflows

Yesterday, Bitcoin had one of its most bullish days in history, skyrocketing past its all-time high to reach $76,990. This new milestone has ignited widespread excitement and confidence among investors, who now see the potential for further gains.  Key data from Carl Runefelt reveals that Bitcoin ETFs experienced a historic surge, with $1.38 billion in… Continue reading Bitcoin ETFs See Historic Surge – Institutions Go Bullish On BTC With $1.38 Billion Record Inflows

Bitcoin Sentiment Enters Danger Zone: Investors Now Extremely Greedy

Data shows the Bitcoin investor sentiment has entered extreme greed territory following the asset’s surge to a new all-time high (ATH). Bitcoin Fear & Greed Index Is Now Pointing At ‘Extreme Greed’ The “Fear & Greed Index” is an indicator created by Alternative that tells us about the average sentiment among the traders in the… Continue reading Bitcoin Sentiment Enters Danger Zone: Investors Now Extremely Greedy

$13 Million Bitcoin? Sounds ‘Bearish’: Expert Hints At Even Greater Heights Ahead

The recent presidential election has sent ripples through the cryptocurrency market, with Bitcoin prices reacting positively to Donald Trump’s victory over Kamala Harris.  As Trump prepares to take office for a second term, his ongoing commitment to making the United States the “crypto capital of the world” has ignited bullish sentiment among investors, positioning Bitcoin… Continue reading $13 Million Bitcoin? Sounds ‘Bearish’: Expert Hints At Even Greater Heights Ahead

How High Can Bitcoin Go In 2025? Legendary Trader Reveals

Legendary trader Peter Brandt, with nearly five decades of experience in trading since 1975, has shared a bullish forecast for the Bitcoin price trajectory in 2025. Taking to X, Brandt stated: “Bitcoin $BTC is now in the sweet spot of the bull market halving cycle that should top in the $130k to $150K range next… Continue reading How High Can Bitcoin Go In 2025? Legendary Trader Reveals