Tag Archives: btc

Bitcoin Recovery Requires STH Profitability Above 50%: Glassnode

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On-chain analytics firm Glassnode has explained how a flip in Bitcoin short-term holder profitability could act as a precondition for a sustained price recovery. Bitcoin STH Supply In Profit Is Currently Under 50% In a new Supply in Profit metric for the Bitcoin short-term holders (STHs). The Supply in Profit measures, as its name suggests,… Continue reading Bitcoin Recovery Requires STH Profitability Above 50%: Glassnode→

Bitcoin Stockpiles On Exchanges Hit Lowest Point Since 2019

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Long-term holders now control roughly 14.5 million BTC — coins that have not moved in over five months and show little sign of heading back to market anytime soon. Coins Keep Moving Off Platforms That deep freeze in holder behavior is part of a larger pattern reshaping how Bitcoin is stored and traded. Exchange reserves… Continue reading Bitcoin Stockpiles On Exchanges Hit Lowest Point Since 2019→

Bitcoin Historically Surges 54% On Average Post-US Midterm Elections, Binance

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Despite trading more than 40% below its all-time high, with $70,000 serving as a short-term support level, Bitcoin (BTC) may be poised for a repeat pattern that could lead to a 54% increase following this year’s US midterm elections.  New research from cryptocurrency exchange Binance suggests that, historically, the aftermath of midterm elections has been… Continue reading Bitcoin Historically Surges 54% On Average Post-US Midterm Elections, Binance→

Bitcoin Returns Mirror Late-2022 Levels Seen Before 67% Rally: Santiment

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On-chain analytics firm Santiment has highlighted how the average Bitcoin returns of the buyers from the past year are looking similar to late 2022. 365-Day Bitcoin MVRV Ratio Has Plunged Recently In a new Market Value to Realized Value (MVRV) Ratio. This on-chain indicator measures the ratio between the market cap of the asset and… Continue reading Bitcoin Returns Mirror Late-2022 Levels Seen Before 67% Rally: Santiment→

Bitcoin May Still Fall Under $10,000, Bloomberg’s McGlone Warns

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Bloomberg Intelligence senior commodity strategist Mike McGlone said bitcoin could still fall back toward and potentially below the $10,000 area, arguing that crypto remains trapped in a broader macro unwind tied to deflationary pressure, overstretched risk assets and what he described as excess across the digital-asset complex. Speaking in an reiterated a call he first… Continue reading Bitcoin May Still Fall Under $10,000, Bloomberg’s McGlone Warns→

Has Bitcoin Price Bottomed Yet? Analyst Says We’re Not There Yet

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Crypto analyst Leshka has explained why it is unlikely that the Bitcoin price has bottomed even as it continues to attempt a recovery above $70,000. His analysis also aligns with predictions from analysts such as Doctor Profit, who predict that BTC could still drop to $40,000.  Analyst Explains Why Bitcoin Price Hasn’t Bottomed In an… Continue reading Has Bitcoin Price Bottomed Yet? Analyst Says We’re Not There Yet→

Bitcoin Price Rally Fades, Market Braces for Possible Downside

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Bitcoin price failed to extend its recovery wave above the $70,500 zone. BTC is now consolidating and might decline again below $68,500. Bitcoin started a decent recovery wave above the $68,500 zone. The price is trading above $68,650 and the 100 hourly simple moving average. There is a key declining channel or a possible bullish… Continue reading Bitcoin Price Rally Fades, Market Braces for Possible Downside→

Bitcoin Enters ‘Most Frustrating Phase,’ CryptoQuant Says: A Look At What’s To Come

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Bitcoin (BTC) is currently navigating a trading range between $60,000 and $73,000, entering what analytics platform CryptoQuant describes as “the most frustrating phase in the cycle.”  According to a recent analysis by CryptoQuant contributor MorenoDV, Bitcoin finds itself in a period characterized by heightened uncertainty, with market signals indicating more hesitation than firm conviction. Bear… Continue reading Bitcoin Enters ‘Most Frustrating Phase,’ CryptoQuant Says: A Look At What’s To Come→

What To Expect For The Bitcoin Price After The Weekend Breakdown Below $70,000

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Crypto analyst Doctor Profit has provided insights into what to expect from the Bitcoin price after it dropped below $70,000 over the weekend. This comes as the leading crypto continues to face pressure due to the U.S.-Iran war and volatile oil prices.  What To Expect From The Bitcoin Price In an X post, Doctor Profit… Continue reading What To Expect For The Bitcoin Price After The Weekend Breakdown Below $70,000→

Arthur Hayes Says He Wouldn’t Buy Bitcoin Yet: Wait For This

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Arthur Hayes is still structurally bullish on Bitcoin. He just does not think now is the moment to buy. Speaking on the Coin Stories AI-driven economic disruption may ultimately force the Federal Reserve back into money printing, and that, rather than the conflict itself, is the signal he is waiting for. “If I had $1… Continue reading Arthur Hayes Says He Wouldn’t Buy Bitcoin Yet: Wait For This→