Bitcoin Long-Term Holders Officially Enter Into Greed Territory, Is This Good Or Bad For Price?

In a recent development, crypto analyst Ali Martinez revealed that Bitcoin long-term holders have officially entered greed territory. This could benefit the price in the short term, although the long-term consequences could be severe. The greed phase suggests that long-term Bitcoin holders are now excessively optimistic about BTC’s future trajectory. Bitcoin Long-Term Holders Officially Enter… Continue reading Bitcoin Long-Term Holders Officially Enter Into Greed Territory, Is This Good Or Bad For Price?→

Bitcoin’s Latest ATH: Is The Top Finally In Or Just Getting Started?

In the past months, Bitcoin has broken multiple resistance levels to achieve consistent all-time highs each month. So far, the asset’s latest all-time high sits above $109,000 marking a more than 150% increase in year-over-year performance. Amid this price performance, CryptoQuant analyst Gaah has recently nearing a peak. Bitcoin: Is The Top In? According to… Continue reading Bitcoin’s Latest ATH: Is The Top Finally In Or Just Getting Started?→

Bitcoin Price at $100K+: Consolidation or Calm Before the Next Move?

Bitcoin price settled above the $100,500 resistance zone. BTC is consolidating gains and might aim for a fresh increase above the $105,000 zone. Bitcoin started a downside correction from the $106,800 zone. The price is trading below $104,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support… Continue reading Bitcoin Price at $100K+: Consolidation or Calm Before the Next Move?→

Bitcoin NVT Golden Cross Hits 60-Day Low: Is This Bullish?

On-chain data shows the Bitcoin Network Value to Transactions (NVT) Golden Cross has plummeted recently. Here’s what this could mean for BTC’s price. Bitcoin NVT Golden Cross Has Plunged Into Bottom Zone Recently As explained by an analyst in a CryptoQuant Quicktake NVT Ratio” refers to an indicator that keeps track of the ratio between… Continue reading Bitcoin NVT Golden Cross Hits 60-Day Low: Is This Bullish?→

Bitcoin Liquidity Blocks Tell A Story: Here’s Why $96,000-$111,000 Is Most Important

Although Bitcoin price action is still holding above the $100,000 price level, the past 24 hours have been highlighted by a 2.5% decline. According to liquidation data from Coinglass, this decline has seen $65.47 million worth of positions liquidated, with the majority ($54.10 million) being long positions.  Crypto analyst Kevin (Kev_Capital_TA) noted a significant range… Continue reading Bitcoin Liquidity Blocks Tell A Story: Here’s Why $96,000-$111,000 Is Most Important→

Bitcoin Price Likely To Fluctuate Between $100,000 And $110,000 Until FOMC Meeting, Says Analyst

After a flash crash to $89,256 earlier this month, Bitcoin (BTC) made a swift recovery, reaching a new all-time high (ATH) of $108,786 on January 20. However, according to a crypto analyst, further upside could be limited until the Federal Open Market Committee (FOMC) meeting later this month. Bitcoin To Remain Range-Bound Until FOMC Meeting… Continue reading Bitcoin Price Likely To Fluctuate Between $100,000 And $110,000 Until FOMC Meeting, Says Analyst→

Bitcoin Price Slides Once More: Can Bulls Defend Key Levels?

Bitcoin price struggled to clear the $107,200 resistance zone. BTC is correcting gains and might revisit the $100,000 support zone. Bitcoin started a downside correction from the $107,200 zone. The price is trading below $104,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $103,650 on… Continue reading Bitcoin Price Slides Once More: Can Bulls Defend Key Levels?→

Bitcoin Profit-Taking Drops 93% From December Peak – What’s Next For BTC?

After testing the low $90,000 price level multiple times over the past two months, Bitcoin (BTC) briefly broke out of its tight trading range earlier this week, reaching a new all-time high (ATH) of $108,786. However, a recent report by Glassnode suggests that the sustained consolidation observed in recent months may be nearing its end,… Continue reading Bitcoin Profit-Taking Drops 93% From December Peak – What’s Next For BTC?→

Bitcoin Hovers Above $104K—Analyst Reveals What’s Next Based on Funding Rates

Bitcoin currently appears to be taking a breather after achieving a new all-time high (ATH) above $109,000 earlier this week. So far, the asset has seen a slightly reduced upward momentum with the price just hovering above $104,000.  However, despite the slowing upward momentum, Bitcoin’s recent performance has prompted renewed interest in the market. CryptoQuant… Continue reading Bitcoin Hovers Above $104K—Analyst Reveals What’s Next Based on Funding Rates→

Bitcoin Capital Inflows See Notable Slowdown, But Is This A Worry?

On-chain data shows the capital inflows into Bitcoin have slowed down since last year’s high. Here’s what this could mean for BTC’s price. Bitcoin Realized Cap Continues To Grow, Albeit At A Slower Rate According to data from the on-chain analytics firm Realized Cap,” which is a capitalization model for Bitcoin that calculates its total… Continue reading Bitcoin Capital Inflows See Notable Slowdown, But Is This A Worry?→