Tag Archives: BTCUSDT

Bitcoin Derivatives In The Driver’s Seat For $100,000 Rally, Data Shows

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Data shows the Bitcoin derivatives trading volume has been higher than the spot one during BTC’s latest recovery rally beyond $100,000. Bitcoin Trading Volume Ratio Has Declined Under The 1.0 Mark Recently In a new Trading Volume Ratio for Bitcoin. The “Trading Volume Ratio” is an indicator that keeps track of the ratio between the… Continue reading Bitcoin Derivatives In The Driver’s Seat For $100,000 Rally, Data Shows→

Bitcoin Price Flashes Signal That Has Led To A Surge Every Time

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The surge to a new all-time high.  Bollinger Band Signal Hints At Bitcoin Price Rally A closer look at Bitcoin’s weekly chart upward movement in Bitcoin’s price, making this a highly bullish setup. The signal in question is the Bollinger Bands, which is known to identify potential reversal zones. The analysis shows that Bitcoin has… Continue reading Bitcoin Price Flashes Signal That Has Led To A Surge Every Time→

Bitcoin’s Realized Cap Hits Record High as Accumulation Continues

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Bitcoin is currently trading just under the $100,000 psychological threshold, maintaining a sideways trajectory in recent weeks. At the time of writing, the asset trades at $97,005, reflecting a modest 2.6% gain over the past seven days and a 3.3% increase in the last 24 hours. While volatility remains subdued, recent on-chain data highlights a… Continue reading Bitcoin’s Realized Cap Hits Record High as Accumulation Continues→

Bitcoin Investors Are Taking Profits Aggressively – Signs Of A Local Top?

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According to a recent CryptoQuant Quicktake post, Bitcoin (BTC) investors are aggressively taking profits following the latest surge in the digital asset’s price. This uptick in profit-taking mirrors investor behavior typically seen during the late stages of a bull market. Bitcoin Profit-Taking Rises – A Cause For Worry? Bitcoin’s 7-day moving average (MA) net realized… Continue reading Bitcoin Investors Are Taking Profits Aggressively – Signs Of A Local Top?→

‘The Big Short’ Coming For Bitcoin? Why BTC Will Clear $110,000

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Market commentator Miya has outlined an interesting theory on why the Bitcoin price is poised to hit $110,000 by the end of the year. The expert alluded to current macro conditions and how it is bound to favor the flagship crypto at the end of the day.  Why The Bitcoin Price Will Hit $110,000 In… Continue reading ‘The Big Short’ Coming For Bitcoin? Why BTC Will Clear $110,000→

Elliot Wave Theory Shows Where Bitcoin Is In This Cycle – Bull Rally Over?

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Crypto analyst Tolimanu has used the Elliott Wave Theory to provide insights into where Bitcoin currently is in this market cycle. Based on his analysis, the bull run is not yet over, with the flagship crypto set to reach new highs.  Elliot Wave Theory Shows Bitcoin’s Current Position In This Cycle In an X post,… Continue reading Elliot Wave Theory Shows Where Bitcoin Is In This Cycle – Bull Rally Over?→

Bitcoin Network Activity In Bear Market Zone—Warning Or Opportunity?

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On-chain data shows the Bitcoin network activity has recently declined into the bear market zone. Here’s what this could mean for the asset. CryptoQuant’s Bitcoin Network Activity Index Is Flashing A Bear Market Signal As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin Network Activity Index has recently been inside the… Continue reading Bitcoin Network Activity In Bear Market Zone—Warning Or Opportunity?→

On-Chain Data Shows Over 51,000 Bitcoin Withdrawn From Binance Since Mid-April

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Bitcoin’s recent recovery has encountered resistance as the asset remains range-bound between $93,000 and $97,000. After briefly climbing late last month, Bitcoin has struggled to maintain upward momentum since then. At the time of writing, BTC is trading at approximately $94,305, reflecting a modest 1.3% decline over the past day. While price action has slowed,… Continue reading On-Chain Data Shows Over 51,000 Bitcoin Withdrawn From Binance Since Mid-April→

Bitcoin In The Middle Of A Decision Point, Analyst Says—Here’s Why

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An on-chain analyst has explained how Bitcoin could be in the middle of a decision point based on its supply cost basis distribution. Bitcoin Is Currently Retesting A Major Supply Cluster In a new UTXO Realized Price Distribution (URPD). The URPD is an on-chain indicator that tells us about what part of the BTC supply… Continue reading Bitcoin In The Middle Of A Decision Point, Analyst Says—Here’s Why→

Strategy Expands Bitcoin Investments With Latest Purchase, Now Holding 555,450 BTC In Total

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In a recent filing with the US Securities and Exchange Commission (SEC), Strategy (formerly Microstrategy), disclosed the purchase of an additional 6,556 Bitcoin (BTC) at an average price of $95,167 per coin between April 28 and May 4.  This latest acquisition brings the company’s total Bitcoin holdings to 555,450 BTC, valued at approximately $38.08 billion,… Continue reading Strategy Expands Bitcoin Investments With Latest Purchase, Now Holding 555,450 BTC In Total→