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This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin (BTC) may not have rallied on Friday’s dismal jobs data, which strengthened the Federal Reserve’s …
BTC Eyes $120K With Bullish H&S Pattern: Technical Analysis Read MoreCryptoQuant analyst ‘caueconomy’ found that Bitcoin whales have dumped roughly $12.7B worth of $BTC over the past month. Shockingly, this marks the largest whale sell-offs since July 2022. These $BTC …
The Best Crypto Presales Stand Strong Despite Bitcoin Whales Dumping $12.7B BTC Last Month Read MoreBitcoin is once again at a pivotal level, with selling pressure dominating the market and volatility shaking investor confidence. After weeks of choppy trading, BTC is barely holding above the …
Bitcoin LTH Aging Velocity Turns Negative: Distribution Phase Unfolds Read MoreOptions data from Deribit reveals a striking divergence in sentiment for major cryptocurrencies, with bullish positioning in XRP (XRP) and solana (SOL contrasting with lingering downside fears in bitcoin (BTC) …
XRP and SOL Signal Bullish Strength While Traders Hedge For Downside in Bitcoin and Ether Read MoreThe Bitcoin price chart is now flashing a head and shoulders pattern with quite a clear plan for what could be coming next. Mix in the fact that there is …
Fair Value Gap Suggests Bitcoin Price Is Going Higher, But Watch Out For This Crash Read MoreGood Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves …
Asia Morning Briefing: BTC Treasury Demand is Weakening, CryptoQuant Cautions Read MoreBitcoin price is struggling to recover above $111,500. BTC is now consolidating and might decline if there is a move below the $110,000 level. Bitcoin started a recovery wave above …
Bitcoin Price Weakens – Fresh Downside Risk If Bulls Fail Soon Read MoreConversations across the crypto space are circling back to blue-chip tokens, with Bitcoin, Ethereum, and Dogecoin taking the spotlight. Data from on-chain analytics platform Santiment shows that top market cap …
Santiment Highlights Top Tokens: Bitcoin, Ethereum, And Dogecoin Dominate Social Buzz Read MoreThe Bitcoin price has managed to stay above $110,000 over the weekend, and on-chain data shows that the premier cryptocurrency sits above three crucial support levels. Here are the critical …
On-Chain Data Reveals Critical Support Levels For Bitcoin Price — Details Read MoreBitcoin’s illiquid supply—the portion of coins held by entities with little history of spending—has climbed to a new record high, surpassing 14.3 million BTC in late August, according to Glassnode. …
Bitcoin Illiquid Supply Hits Record 14.3M as Long-Term Holders Continue to Accumulate Read More