Bitcoin Stalls At $77K As Major On-Chain Resistance Kicks In – Details

Bitcoin prices are consolidating around the $77,000 mark, following a net 2.12% in the last week. The maiden cryptocurrency has registered significant positive traction in April, rising from around $67,000 to its current price level in the last three weeks. However, on-chain data indicates Bitcoin is yet to encounter the major resistance levels that could… Continue reading Bitcoin Stalls At $77K As Major On-Chain Resistance Kicks In – Details

Bitcoin Long-Term Holder Supply Turns Positive As Price Climbs Past $71,000

Bitcoin’s long-term holder supply change has moved back into positive territory over the past 30 days, as the coin reclaims the $71,000 level today. The data point is getting attention because only 29% of long-term holder supply is now sitting in loss, still well below the 44% to 53% levels seen at major cycle bottoms… Continue reading Bitcoin Long-Term Holder Supply Turns Positive As Price Climbs Past $71,000

Long-Term Bitcoin Holders Buy $14 Billion In BTC As Retail Headed For The Exit

Seventeen of the top 25 largest Bitcoin ETF holders added to their positions while ordinary investors were selling. That split tells a story that goes beyond a single month of on-chain data. Smart Money Moves Against The Crowd Bitcoin exchange-traded funds pulled in $1.5 billion over five trading sessions, capping the stretch with a single-day… Continue reading Long-Term Bitcoin Holders Buy $14 Billion In BTC As Retail Headed For The Exit

Bitcoin Sees Long-Term Holders Sell As Short-Term Buyers Step In – Sign Of Rally Exhaustion?

As Bitcoin (BTC) continues to set new all-time highs (ATH) – reaching $123,218 on Binance on July 13 – on-chain data reveals a shift in holder behavior that could threaten the cryptocurrency’s bullish momentum. Bitcoin Holder Rotation May Derail Rally According to a CryptoQuant Quicktake post by contributor IT Tech, long-term Bitcoin holders (LTH) –… Continue reading Bitcoin Sees Long-Term Holders Sell As Short-Term Buyers Step In – Sign Of Rally Exhaustion?

Bitcoin Realized Dominance Signals Weak Hands Capitulating, Strong Hands Rising

As Bitcoin (BTC) continues to trade within striking distance of its all-time high (ATH), a noticeable shift is underway in the cryptocurrency’s Realized Dominance metric, reflecting changes in behavior between short-term holders (STH) and long-term holders (LTH). Bitcoin Realized Dominance Shows Shift In Market Sentiment According to a recent CryptoQuant Quicktake post by contributor Crazzyblockk,… Continue reading Bitcoin Realized Dominance Signals Weak Hands Capitulating, Strong Hands Rising

Bitcoin Near ATH, But Long-Term Holders Aren’t Selling – More Upside Ahead?

Fresh on-chain data suggests that despite Bitcoin (BTC) trading close to its all-time high (ATH), long-term holders (LTHs) are not offloading their holdings. Instead, these investors are continuing to accumulate the world’s largest cryptocurrency by market capitalization, signaling their confidence in further price gains in the coming weeks. Long-Term Bitcoin Holders Are Not Selling Yet… Continue reading Bitcoin Near ATH, But Long-Term Holders Aren’t Selling – More Upside Ahead?

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?