Tag Archives: crypto market

Bitcoin Price Repeating December 2023’s Playbook: Is The ‘Actual Breakout’ Yet To Come?

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Bitcoin (BTC) tries the $100,000 support zone after falling to $98,000 during the recent market shakeout. According to some market watchers, the flagship crypto’s recent performance resembles its December 2023 trajectory, suggesting that BTC might see a massive breakout soon. Bitcoin Price Mirrors December 2023’s Performance On Wednesday, Bitcoin and the rest of the crypto… Continue reading Bitcoin Price Repeating December 2023’s Playbook: Is The ‘Actual Breakout’ Yet To Come?→

Bitcoin Drops Below $98K—Is This the Perfect Buying Opportunity for Investors?

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Bitcoin, the leading cryptocurrency by market capitalization, has recently experienced a significant and sudden price correction, sparking debate among investors. Concerns have surfaced about whether this downturn signals the conclusion of the current bull cycle or merely represents a temporary setback. While short-term holders face losses, long-term metrics provide a broader perspective on Bitcoin’s trajectory,… Continue reading Bitcoin Drops Below $98K—Is This the Perfect Buying Opportunity for Investors?→

Bitcoin Market Leverage and Coinbase Premium: What Recent Data Reveals

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As Bitcoin currently faces a downturn and now seeing a recovery suggesting a preparation for its next bull run, market participants appears to be analyzing trends in exchange leverage and liquidity. Particularly, CryptoQuant has pointed out that leverage ratios on centralized exchanges have become a focal point, offering insights into the potential risks and opportunities… Continue reading Bitcoin Market Leverage and Coinbase Premium: What Recent Data Reveals→

As Bitcoin Reclaims $100,000, Warning Signs Emerge from Long-Term Investors

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Before yesterday’s plunge, Bitcoin recent rally was able to propel the asset to a new all-time high of $108,000, marking another significant milestone in its upward trajectory. However, according to latest analysis, this notable price surge is accompanied by signs of potential market volatility, as long-term holders begin to exhibit selling activity. Attention has been… Continue reading As Bitcoin Reclaims $100,000, Warning Signs Emerge from Long-Term Investors→

Bitcoin Exchange Reserves Hit Record Low, Could $120K Be on the Horizon?

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Bitcoin has seen continuous bullish momentum in recent weeks resulting in the asset’s consistent new highs. According to recent analysis, this momentum appears to not just be random as it comes amid major moves behind the scenes. Particularly, recent data indicates that Bitcoin reserves have dropped to a historic low of 2.4 million, signaling a… Continue reading Bitcoin Exchange Reserves Hit Record Low, Could $120K Be on the Horizon?→

Sentiment For Ethereum Hits 1-year Low, Analyst Says A Massive Run Is Coming

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Sentiment for Ethereum (ETH) has reached its lowest levels in a year as the second-largest crypto by market capitalization struggles to reclaim the $4,000 mark. Despite investors’ sentiment, some analysts suggest that the King of altcoins is about to kickstart its bullish run to new highs. Ethereum Sentiment Drops To Yearly Low According to crypto… Continue reading Sentiment For Ethereum Hits 1-year Low, Analyst Says A Massive Run Is Coming→

Bitcoin’s Price Momentum Shifts As Spot Market Outpaces Futures – Here’s What It Means

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Bitcoin has continued its upward trajectory as recent market trends highlight a shift in investor behaviour. According to data shared by CryptoQuant analyst Avocado Onchain, spot market demand has emerged as a significant driving force behind Bitcoin’s ongoing price increases. This trend indicates growing buying pressure from long-term investors, as speculative activity in the futures… Continue reading Bitcoin’s Price Momentum Shifts As Spot Market Outpaces Futures – Here’s What It Means→

Ethereum Sees Net Outflows On Spot Exchanges—Is a Major Price Rally Coming?

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As Ethereum attempts to rally alongside Bitcoin, the asset appears to have been spotlighted as analysts assess its fundamentals to grasp what is ongoing behind the scenes. A key factor influencing ETH’s price so far, according to the latest analysis, is the relationship between net flows on spot exchanges and investor behaviour. Net flows measure… Continue reading Ethereum Sees Net Outflows On Spot Exchanges—Is a Major Price Rally Coming?→

Bitcoin Could Peak Between $160,000 And $290,000 If These Historical Patterns Repeat – Report

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As we approach the end of the year, Bitcoin (BTC) continues flying to new highs, setting bullish expectations for the rest of the cycle. Bitfinex’s latest reports suggest when BTC’s peak could come and how much climbing might be left for the flagship crypto. Bitcoin’s ‘Unique’ Cycle In its latest Alpha Report, Bitfinex highlighted the… Continue reading Bitcoin Could Peak Between $160,000 And $290,000 If These Historical Patterns Repeat – Report→

PNUT Memecoin Drops 10% Following Peanut’s Owner Legal Warning To Binance

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Crypto exchange Binance was hit with a cease and desist letter by Mark Longo, owner of the internet sensation Peanut the Squirrel, for alleged copyright infringement. PNUT, the popular memecoin inspired by the squirrel, saw a nearly 10% decrease following the news. Internet Squirrel Becomes Memecoin Sensation On Sunday, Mark Longo, owner of Peanut the… Continue reading PNUT Memecoin Drops 10% Following Peanut’s Owner Legal Warning To Binance→