Bitcoin Bulls Gain Breathing Room As Long-Term Holder Activity Eases

Bitcoin long term holder metric.

Bitcoin continues to dominate discussions, with its latest worth actions drawing explicit consideration. Because the asset struggles to reclaim its March all-time excessive of over $73,000, with latest makes an attempt peaking above $71,000 earlier this week, the value has since receded to roughly $68,231 on the time of writing. This retracement marks a 7.3% drop … Read more

Unstoppable Bitcoin? CryptoQuant’s CEO Foresees Bull Run Extending To 2025

Bitcoin market cap vs realized cap.

In keeping with Ki Younger Ju, CEO of CryptoQuant, the Bitcoin present market dynamics counsel a bullish part that might lengthen nicely into April 2025. Ju’s evaluation comes amid BTC’s present uptrend, which seems to be a continuation of that seen in March, when BTC achieved a brand new all-time excessive, surging above $73,000 for … Read more

Bitcoin Whales Quiet Down – Here’s Why And What It Means For The Market

Bitcoin Whale transactions trend.

Latest data from Santiment signifies a noticeable lower in Bitcoin whale exercise, reaching the bottom ranges seen in 2024. This pattern reveals that holders of huge quantities of Bitcoin, often known as whales, are drifting away from energetic buying and selling. Whereas this might sign a damaging pattern, the state of affairs presents a fancy … Read more

Is Bitcoin Rally Over? Top Analysts Predict Imminent Price Corrections

As Bitcoin navigates by way of important value modifications, various analyses from crypto analysts have painted a various image of its short-term trajectory. A distinguished crypto analyst, Ali, recognized a promote sign on Bitcoin’s short-term charts utilizing the TD Sequential indicator. Associated Studying In line with Ali’s evaluation, the TD Sequential indicator recommended that Bitcoin’s … Read more

Options Traders Eye $100K Surge By September

Bitcoin top options volume.

The crypto market is at the moment buzzing with anticipation as Bitcoin choices merchants place themselves for what they foresee as a “substantial value rally” in September. Notably, the derivatives market is expressing confidence, with a big variety of merchants betting on Bitcoin surpassing the $100,000 mark. Bitcoin Market Optimism Amidst Whale Actions Current evaluation … Read more

It’s Time To Swap Your Dollars For Bitcoin

Billionaire investor Anthony Scaramucci, the founding father of SkyBridge Capital, lately mentioned the viability of monetary belongings. He took to X, a social media platform beforehand referred to as Twitter and owned by Elon Musk, to spotlight the reducing buying energy of america greenback compared to the potential of Bitcoin (BTC). US Greenback Vs. Bitcoin … Read more