Tag Archives: BTCUSDT

Bitcoin Transfer Count Lowest Since 2023—Is This Bearish?

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On-chain data shows the Bitcoin transaction count has plunged to the lowest level since October 2023. Here’s what this could mean for BTC’s price. Bitcoin Transactions Have Seen A Significant Slowdown Recently As pointed out by CryptoQuant author IT Tech in a new Number of Transactions” from the market intelligence platform IntoTheBlock, which measures, as… Continue reading Bitcoin Transfer Count Lowest Since 2023—Is This Bearish?→

Bitcoin To Get ‘Interesting’ As Price Retests $85,000 – Here Are The Levels To Watch

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Bitcoin (BTC) has surged nearly 4% in the past 24 hours amid the ongoing volatility. As the price retests the $85,000 resistance, some analysts suggest a jump to $90,000 could be around the corner. Bitcoin Retests $85,000 Barrier On Wednesday, Bitcoin broke above the $85,000 resistance after surging over 5% from yesterday’s lows. The flagship… Continue reading Bitcoin To Get ‘Interesting’ As Price Retests $85,000 – Here Are The Levels To Watch→

Bitcoin Whales Are Back—Could This Be the Catalyst for the Next Rally?

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Bitcoin (BTC) continues to trade below the psychological $90,000 level, with its price standing at $82,346. This marks a 24.3% drop from its all-time high above $109,000 recorded in January. Despite this downward trend, new on-chain data suggests that a surge of high-net-worth investors, or “new whales,” has been accumulating BTC aggressively, which could have… Continue reading Bitcoin Whales Are Back—Could This Be the Catalyst for the Next Rally?→

Bitcoin Accumulation Resumes After 3 Months Of Distribution – Analyst

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Bitcoin (BTC) continues to trade below the $85K level, fueling fears of further downside as the bearish trend remains intact. Bulls are losing momentum, failing to reclaim key resistance levels and hold lower demand zones, raising concerns about a potential continuation of the correction. Macroeconomic uncertainty and volatility remain key drivers of price action, with… Continue reading Bitcoin Accumulation Resumes After 3 Months Of Distribution – Analyst→

This Bear Market Indicator Says Bitcoin Price Is Headed For Crash To $40,000, Here’s When

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The Bitcoin price could be headed for more pain, as a crypto analyst has identified a new bear market indicator that suggests a crash to $40,000 is imminent. The analyst has predicted when this deep price decline is set to occur, warning investors to remain cautious or risk selling at a loss.  Xanrox, a crypto… Continue reading This Bear Market Indicator Says Bitcoin Price Is Headed For Crash To $40,000, Here’s When→

Bitcoin Price Set For Reversal To $130,000 After Forming Major Cup And Handle Support

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Bitcoin’s price action has been trapped in a tight range between $84,000 and $82,000 in recent days, with bulls struggling to push upwards. The general market sentiment is one of a cautious nature, and hopes of a quick return above $90,000 are starting to fade. However, a new technical analysis suggests that Bitcoin could be… Continue reading Bitcoin Price Set For Reversal To $130,000 After Forming Major Cup And Handle Support→

Bitcoin Miner Selling Still Elevated, On-Chain Data Shows

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On-chain data shows the Bitcoin miners have continued to make large deposits to exchanges recently, a sign that could be bearish for BTC’s price. Bitcoin Miner Exchange Netflow Has Been Seeing Positive Spikes In a new netflow happening between miner-associated wallets and centralized exchanges. When the value of this metric is positive, it means the… Continue reading Bitcoin Miner Selling Still Elevated, On-Chain Data Shows→

Bitcoin Resets With 14% Deleveraging—Here’s What Past Events Led To

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Data shows the Bitcoin futures market has seen a massive deleveraging event recently. Here’s what this reset could mean for BTC, based on past trends. Bitcoin Open Interest Has Gone Through A Crash Recently As pointed out by an analyst in a CryptoQuant Quicktake Open Interest” refers to an indicator that keeps track of the… Continue reading Bitcoin Resets With 14% Deleveraging—Here’s What Past Events Led To→

Bitcoin Spot ETF Exodus Continues: $900 Million Outflows Extend Losing Streak

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Following the last trading window, the US Bitcoin Spot ETFs have recorded another week of overwhelming net outflows with investors pulling over $900 million from the market. This development marks the fifth consecutive week of redemptions indicating weak market confidence among institutional investors of the premier cryptocurrency. Bitcoin Institutional Investors Withdraw For The Fifth Straight… Continue reading Bitcoin Spot ETF Exodus Continues: $900 Million Outflows Extend Losing Streak→

Is Bitcoin Peak In? This Data Suggests Otherwise, Analytics Firm Says

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An analytics firm has explained how the data related to the stablecoins could hint at whether the Bitcoin market top is in or not. Stablecoins Have Seen Their Market Cap Touch New Highs Recently In a new Stablecoins” refer to cryptocurrencies that are pegged to a fiat currency (with USD being the most popular choice).… Continue reading Is Bitcoin Peak In? This Data Suggests Otherwise, Analytics Firm Says→