Bitcoin’s bias remains bullish in the short term but has briefly lost buzz due to the recent drops. However, it appeared to have found temporal support but still looks weak as it follows negative sentiment daily. Bitcoin surprised many traders during last month’s trading as it exploded massively close to […]
Tag: btc
Bitcoin’s Big Week: Election, FOMC Meeting, And Strong Signs Of A Bull Market
As the market faces one of its most volatile weeks—amid the U.S. election and the Federal Open Market Committee (FOMC) meeting—Bitcoin appears primed for a lasting rally. Historically, major bull runs have followed post-election periods, and analysts are optimistic about Bitcoin’s potential, forecasting it could hit $100,000 by year’s end, […]
Strong Buying Pressure In Binance Futures, Bitcoin Outflows, And MicroStrategy’s Growing BTC Holdings Signal Positive Market Sentiment
The Binance futures market has recently witnessed the strongest buying pressure since September of last year, with notable interest not only in Bitcoin ($BTC) but also in Ethereum ($ETH). This robust activity points to increased market confidence in these digital assets. Strong buying momentum has emerged from Binance futures whales […]
Bitcoin Surges As Ethereum Holds Steady; Market Eyes Election-Driven Volatility
Bitcoin ($BTC) has been gaining impressive momentum, with both its price and open interest sharply rising, indicating strong upward movement. While Ethereum ($ETH) remains stable and hasn’t yet mirrored Bitcoin’s ascent, investors are keeping a close watch for potential shifts, as ETH could soon follow BTC’s trend. $BTC is on […]
Celebrating Bitcoin’s 16th Anniversary Amidst Strong Holder Accumulation And ETF Inflows
Today marks the 16th anniversary of Bitcoin’s white paper release by the mysterious Satoshi Nakamoto. On October 31, 2008, Nakamoto shared his vision for a decentralized financial system in a nine-page document titled “Bitcoin: A Peer-to-Peer Electronic Cash System.” This paper, which laid the foundation for Bitcoin and the broader […]
Bitcoin Surges Past $73K As Bull Market Gains Momentum
Bitcoin’s recent performance has been impressive, with its price climbing over 8% to break the $73,000 mark. This rally has been fueled by factors like strong inflows into spot ETFs, renewed monetary easing across major economies, and growing optimism for crypto-friendly policies under a potential Donald Trump presidency. QCP: The […]
Bitcoin Reclaims $70,000: Market Euphoria, Whale Activity, And ETF Inflows Fuel New Bullish Momentum
Bitcoin has soared past the $70,000 mark for the first time in over seven months, driven by robust spot ETF inflows totaling nearly $1 billion over the past week. The latest rally has ignited excitement not only in the crypto market but also in crypto-related equities, with companies like IREN, […]
BITCOIN PRICE ANALYSIS & PREDICTION (October 30) – Is Bitcoin Brewing For Another Rally With This Hidden Bullish Formation?
After experiencing a little setback due to a drop from around $69,500, Bitcoin ended last week’s trading a bit strong as it formed a new bullish pattern. The price is up 1% today following the latest recovery. From a technical standpoint, Bitcoin’s landscape has changed to the upside in the […]
Bitcoin Sees $21.8B Inflow As Whales Reach Record Holdings And Price Momentum Builds
Bitcoin has experienced a significant rise in capital inflows, with a net increase of $21.8 billion (+3.3%) over the past 30 days. This surge has driven the asset’s Realized Cap to an all-time high of over $646 billion, indicating that liquidity is rising across the market. This capital influx is […]
Bitcoin Surges 11% As Institutional Investments Fuel Price Rally
Last week, Bitcoin’s price surged from $62,800 to $69,000, marking an 11% increase and bringing it within 6% of its all-time high of $73,600. This price movement closely mirrors trends seen in previous Q4 periods of 2012, 2016, and 2024, suggesting a potential seasonal effect driving the recent rally. Six […]
BITCOIN PRICE ANALYSIS & PREDICTION (October 22) – Bitcoin Sees Rejection After Rallying 7% In A Week, Can It Break $70k?
The continuous recovery in Bitcoin’s price has restored bullish hope and sentiments are now turning positive daily in the market. While the price reached a critical level, it may retrace a little before resuming bullish. Bitcoin’s performance has been awe-inspiring in the past month as the price continued to break […]
Exploring Total Value Locked (TVL) Dominance Across Crypto Markets
While Bitcoin dominance remains a key metric in the crypto space, Total Value Locked (TVL) has emerged as a crucial indicator, reflecting the strength and influence of various decentralized finance (DeFi) protocols. In the realm of decentralized exchanges (DEXs), Uniswap leads the pack with over 25% of the total TVL. […]
Bitcoin Whales Increase As Dominance Hits 3-Year High, Potential Short-Term Dip Looms
Bitcoin’s number of large holders, or “whales,” saw a significant rise as the cryptocurrency’s price bottomed around $59K on October 10th. Between October 10th and 13th, the network added 268 wallets holding between 100-1,000 BTC. This surge in whale activity likely played a role in the current bull rally. 🐳 […]
Bitcoin Whale Transactions Surge Amid Growing Market Uncertainty
Bitcoin’s whale activity has reached its highest level in over ten weeks, with a staggering 11,697 transactions exceeding $100K recorded on Tuesday. Wednesday is on track to see a similar spike, indicating significant movement among large holders. 🐳 Bitcoin's whale transactions have spiked to their highest level in over 10 […]
Bitcoin Sees Surge In Active Addresses And Institutional Interest
Bitcoin has witnessed a notable resurgence in active addresses since September, marking a significant turnaround from a period of subdued performance. The metric for Bitcoin Active Address Momentum has surpassed both monthly and yearly moving averages, indicating a robust increase in user engagement and potential demand. Historically, such trends have […]
Bitcoin Surges Past $66K As Traders Eye GameFi And Memecoin Markets
As Bitcoin began the week with a strong rally, briefly surpassing $66,000, traders are increasingly shifting their focus toward GameFi and memecoins. Interest in these altcoin sectors continues to rise, as discussion rates reflect growing attention from the market. 📊 With Bitcoin up to start the week and temporarily jumping […]
BITCOIN PRICE ANALYSIS & PREDICTION (October 15) – BTC Foots Big Moves, Will It Break Out Of Its Channel This Time?
Last Thursday, Bitcoin reestablished support above the important $60k level following a quick recovery from a small retracement phase. The price currently appears strong as it resurges on a daily scale. Bitcoin’s price is growing stronger daily but trading is still captured in a falling channel for over seven months. […]
Bitcoin And Ethereum Options Set To Expire: $1.57 Billion In Play As Key Price Levels Emerge
As the crypto market braces for the upcoming expiration of Bitcoin and Ethereum options, traders are closely watching pivotal price levels. A significant $1.10 billion in Bitcoin options and $466 million in Ethereum options are set to expire, bringing the “max pain” price into focus—$62,000 for Bitcoin and $2,500 for […]