Is There More To Come?

Bitcoin Supply Distribution

On-chain knowledge exhibits the Bitcoin whale entities have bought roughly $588 million within the cryptocurrency in the course of the previous week. Bitcoin Whales Have Made Massive Promoting Strikes Not too long ago As identified by analyst Ali Martinez in a brand new put up on X, the BTC whales have bought round 10,000 BTC … Read more

Bitcoin Recovery Stalls As HODLers Apply Selling Pressure

Bitcoin Exchange Inflow CDD

On-chain knowledge exhibits that Bitcoin long-term holders have probably been promoting just lately, one thing which will clarify BTC’s continued bearish momentum. Bitcoin Trade Influx CDD Has Registered Big Spikes Not too long ago As an analyst in a CryptoQuant Quicktake publish defined, outdated cryptocurrency tokens have just lately been deposited in massive portions in … Read more

Bitcoin Q3 Rally Possible As Miner Selloff Finishes, Quant Says

Bitcoin Miner to Exchange Transactions

A quant has defined how a rally could possibly be doable for Bitcoin on this third quarter of 2024 as miner promoting strain has disappeared. Bitcoin Miners Seem To Have Stopped Their Promoting In a CryptoQuant Quicktake put up, an analyst has talked about how the promoting strain issues from miners have resolved not too … Read more

Bitcoin Retail Investors Are Dumping Amid Jump To $67,000, Why This Is Good For Price

The Bitcoin worth restoration above the $67,000 degree has triggered a spherical of promoting, however it’s not from the same old camp of enormous traders promoting. This time round, it’s the small-time merchants who’re offloading their baggage and placing promoting strain on the worth. Nonetheless, this isn’t a completely dangerous factor provided that, traditionally, such … Read more