Tag Archives: Bitcoin price analysis

Bitcoin Leverage Remains High – Data Reveals Selling Pressure Above $93K

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After a historic rally, Bitcoin has faced its first major setback, pulling back 7% from its all-time high of $99,800. This comes after an impressive surge from $67,500 on November 5, marking a nearly 50% climb in just a few weeks. The price action has largely been “only up,” attracting significant attention from traders and… Continue reading Bitcoin Leverage Remains High – Data Reveals Selling Pressure Above $93K→

Bitcoin Rally Pauses Before $100K—Here’s What Could Happen Next

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Bitcoin recently came close to breaking the $100,000 price mark last week, reaching a high of $99,645 before encountering resistance. According to CryptoQuant analyst Percival, the psychological barrier of round numbers like $100,000 often serves as a point where traders exit positions for “relative safety.” Since climbing from $73,000 to $99,800, Percival highlighted that Bitcoin… Continue reading Bitcoin Rally Pauses Before $100K—Here’s What Could Happen Next→

Bitcoin Exchange Reserves Hit 5-Year Low—What Does This Signal?

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The Bitcoin market appears to have taken an intriguing turn as the asset’s reserves on centralized exchanges have hit the lowest levels since November 2018. This development, highlighted by a CryptoQuant analyst known as G a a h, points out a notable change in BTC’s investor behavior within the crypto space and also suggests quite… Continue reading Bitcoin Exchange Reserves Hit 5-Year Low—What Does This Signal?→

Bitcoin Consolidates After Recent Surge – Metrics Reveal Moderate Selling Pressure

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Bitcoin has reached a new all-time high of $90,243 following a week of relentless upward momentum. After days marked by euphoria and rapid gains, the price is now entering a consolidation phase, providing a much-needed pause for the market.  Key data from CryptoQuant indicates moderate selling pressure is emerging, which may signal a brief pullback… Continue reading Bitcoin Consolidates After Recent Surge – Metrics Reveal Moderate Selling Pressure→

Short-Term Bitcoin Holders Move Millions To Binance—Is A Market Correction Imminent?

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Bitcoin has been on a major upward trajectory, recently hitting an all-time high (ATH) of above $89,000. As this milestone was crossed, a notable trend emerged with short-term holders transferring their holdings to major exchanges, particularly Binance. According to CryptoQuant analyst Joao Wedson, this behavior suggests that investors with shorter time horizons may be positioning… Continue reading Short-Term Bitcoin Holders Move Millions To Binance—Is A Market Correction Imminent?→

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

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

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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→

Analysts Debate Bitcoin’s Next Move As BTC Hits $75K All-Time High

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Bitcoin has experienced a notable surge in price, reaching an all-time high of $75,358 following the announcement that former US President Donald Trump has been reelected, becoming the 47th President of the United States. So far, the asset’s value has seen a nearly 10% spike in the past day before experiencing a slight correction, trading… Continue reading Analysts Debate Bitcoin’s Next Move As BTC Hits $75K All-Time High→

Analyst Reveals Bitcoin’s ‘Chopsolidation’ Phase Nears End—Are New Highs in Sight?

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Bitcoin market trend may be on the verge of a significant shift, according to a recent analysis shared by CryptoQuant analyst Percival. Percival described Bitcoin’s current phase as “chopsolidation,” a term used to describe a period of minimal directional movement where price consolidation occurs without a clear trend. This period, he suggests, may be drawing… Continue reading Analyst Reveals Bitcoin’s ‘Chopsolidation’ Phase Nears End—Are New Highs in Sight?→

Bitcoin Completes Retest Phase: Only One Thing Left For A $110,000 Price By December

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The Bitcoin price action was marked by ups and downs in the just concluded week, serving as a reminder of the volatile nature of the digital asset. According to price data, Bitcoin has just completed a retest of the downward sloping trendline that has limited its price rallies since March. As analyst EGRAG CRYPTO pointed… Continue reading Bitcoin Completes Retest Phase: Only One Thing Left For A $110,000 Price By December→